Cybersecurity

Russian Central Bank Announces Mandatory Cyber-Security Regulations for Domestic Banks

"Russian banks will be faced with a whole range of new regulations, and penalties for non-compliance, when it comes to cyber-security, according to the country's Central Bank," Eugene Gerden reported today in SC Magazine UK more

There is Always a Back Door

A long time ago, I worked in a secure facility. I won't disclose the facility; I'm certain it no longer exists, and the people who designed the system I'm about to describe are probably long retired. Soon after being transferred into this organization, someone noted I needed to be trained on how to change the cipher door locks. We gathered up a ladder, placed the ladder just outside the door to the secure facility, popped open one of the tiles on the drop ceiling, and opened a small metal box with a standard, low-security key. more

Our Nuclear Facilities are Cyberattack-Proof, Claims Iran

Iran's nuclear facilities are immune to cyber attack a senior Iranian military official has claimed today according to various reports. "Gholam Reza Jalali, who heads an Iranian military unit in charge of combatting sabotage, was quoted Monday by the official IRNA news agency as saying that Iran and its nuclear facilities possess the technology and knowledge to deal with malicious software." more

DHS Asks Citizens to Practice Good “Cyber Hygiene”

Kicking off the sixth annual National Cybersecurity Awareness Month this October, the Department of Homeland Security (DHS) has urged computer users to practice good "cyber hygiene". The campaign was given a boost Wednesday when the Senate passed resolution 285 to support its goal to make U.S. citizens more aware of how to secure the internet. DHS has also announced that is has been given new authority to recruit and hire up to 1,000 cybersecurity professionals across the department to fill roles such as: cyber risk and strategic analysis; cyber incident response; vulnerability detection and assessment; intelligence and investigation; and network and systems engineering. more

Data Breach Costs Continue to Rise, 40% Increase Since 2005

According to a new study by PGP Corporation and Ponemon Institute, data breach incidents cost U.S. companies $202 per compromised customer record in 2008, compared to $197 in 2007. The study is based on 43 organizations across 17 different industry sectors with a range of 4,200 to 113,000 records that were affected. It is also noted that since 2005, the cost component has grown by more than $64 on a per victim basis since -- nearly a 40% increase. more

Would You Fly an Airplane That Had a Pre-flight Checkout That Was Only 40 Percent Complete?

In the aviation world safety is paramount. Commercial airlines go to major lengths to make sure that their planes are fully up to code and can fly safely in the air. The risks - loss of human lives - are far too extreme to take any chances. One result of this diligence is the fact that travel by plane is far safer than any other method - nearly 40 times safer per mile than travel by car. While application security risks are not as dire, research shows CSOs fail to use the same stringent level of safety to secure their Internet-facing applications. more

Incremental AI Risk: A Governance Lens for Digital Infrastructure and Public Policy

As artificial intelligence integrates into public infrastructure, it introduces new layers of systemic risk. Policymakers must shift focus from AI's potential to its exposure, applying governance models that reflect these emerging, compound vulnerabilities. more

Major Organizations Overlooking High Priority Security Risks, Too Much Focus on OS

According to a new security report released today by SANS Institute, TippingPoint and Qualys, the number of vulnerabilities found in applications in the last few years is far greater than the number of vulnerabilities discovered in operating systems. "On average, major organizations take at least twice as long to patch client-side vulnerabilities as they take to patch operating system vulnerabilities. In other words the highest priority risk is getting less attention than the lower priority risk." more

Nuclear Command and Control Structures Vulnerable to Cyber Terrorism

A research paper commissioned by the International Commission on Nuclear Non-proliferation and Disarmament (ICNND) suggests that nuclear command and control systems are vulnerable to cyber terrorism. "Despite claims that nuclear launch orders can only come from the highest authorities, numerous examples point towards an ability to sidestep the chain of command and insert orders at lower levels," says the report. more

Intel to buy McAfee for $7.68 Billion, Biggest Acquisition in 42-Year History

Intel plans to buy security company McAfee for $7.68 billion -- the biggest acquisition in its 42-year history. The chipmaker said Thursday it has entered into a definitive agreement to buy all of McAfee's common stock at $48 per share in cash. McAfee's stock closed Wednesday at $29.93, making Intel's offer a 60 percent premium. The boards of both companies have approved the deal. more

China Taking Steps to Show it is Responsive to Foreign Concerns on Cybersecurity

"China Sets New Tone in Drafting Cybersecurity Rules," By Eva Dou in Beijing and Rachael King in San Francisco reporting in the Wall Street Journal. more

ICANN Hires Cryptography Legend Whit Diffie

Pioneering cryptographer Whitfield 'Whit' Diffie has joined the Internet Corporation for Assigned Names and Numbers (ICANN) as Vice President for Information Security and Cryptography. Diffie will provide advice on general security matters related to ICANN's mandate, and to ICANN in the design, development and implementation of security methods for ICANN-managed networks. He will oversee the continuous improvement and 'best practices' process for information security and cryptography. more

NIST Issues Smart Grid Cybersecurity Guidelines

The National Institute of Standards and Technology (NIST) issued today its first Guidelines for Smart Grid Cyber Security, which includes high-level security requirements, a framework for assessing risks, an evaluation of privacy issues at personal residences, and additional information for businesses and organizations to use as they craft strategies to protect the modernizing power grid from attacks, malicious code, cascading errors, and other threats. more

Bruce Schneier: The Threat of Cyberwar Grossly Exaggerated

Security expert Bruce Schneier in a blog post today writes: "It's about who is in charge of cyber security, and how much control the government will exert over civilian networks. And by beating the drums of war, the military is coming out on top. ... General Keith Alexander, the current commander of the U.S. Cyber Command, hypes it every chance he gets. This isn't just rhetoric of a few over-eager government officials and headline writers; the entire national debate on cyberwar is plagued with exaggerations and hyperbole." more

Canadian Energy Firms at Bigger Risk of Cyberattack

The Canadian Security Intelligence Service (CSIS) is reported to have warned companies about an increasing risk of cyber espionage and attacks on pipelines, oil storage and shipment facilities. more