Supply chain is critical for application security because most firms rely on third-party software components. The ease of injecting vulnerabilities into open-source components makes software bill of materials a critical need, said Minatee Mishra, director of product security at Philips.
Securing distributed and hybrid workforces is challenging traditional cybersecurity paradigms. Integrating zero trust with secure access service edge, SASE, in a unified platform addresses the threats associated with the need for flexibility and a data-anywhere environment.
In the latest weekly update, ISMG editors discuss top takeaways from Ukraine's cyber defense success, how a European regulator suspended Facebook data transfers to the United States, and the state of the EU General Data Protection Regulation on its five-year anniversary.
Five years after the effective date of the General Data Protection Regulation, the European Union privacy law - hailed as a way to protect the privacy of citizens in an increasingly digital world - continues to be marred by criticism over its lack of effectiveness and uneven implementation.
Seed funding for Israeli cybersecurity startups has blossomed despite the economic downturn, and both deal volume and size have strengthened in 2022 as compared to 2021. The indefinite closing of the initial public offering market in spring 2022 caused late-stage investment to fall off a cliff.
Organizations lack visibility into their network and assets to fully understand their threat and risk exposure, said Liberty Strategic Capital's Michael D'Ambrosio. The trend of accessing corporate networks from remote locations has made it tough for businesses to know what's on their network.
Cyber programs must go beyond the digital realm and address physical security challenges around buildings and data centers even though there isn't a tool to implement. Firms often adopt physical security measures such as a secure data center with cameras and locked doors only when it's required.
The U.K. government earlier this month introduced a strategy to reduce fraud and scams called Fraud Strategy: Stopping Scams and Protecting the Public. Ken Palla, retired director of MUFG Bank, said this as an important step to combat authorized scams, which have now eclipsed unauthorized fraud.
Security organizations in the APAC region need to adopt widely recognized frameworks consistently ensure digital trust and protect privacy, according to a panel of experts from the APAC region. Industry certifications are a good investment for improving security programs and business resilience.
Cyber insurance applicants should provide detailed responses that clarify the nature of their business to avoid claim denials in the event of a security incident. Pasich LLP Senior Managing Associate Tae Andrews urged applicants to "interrogate the interrogator" to push back on vague questions.
MiCA's consumer protection provisions extend to cybersecurity, with its anti-money laundering, cyberattack liability and travel rule clauses. ISMG contributors Ari Redbord of TRM Labs and Troy Leach of Cloud Security Alliance discuss its impact on cybercrime, compliance challenges and the way ahead.
In the latest weekly update, four ISMG editors discuss the mounting fallout from the March hack of Capita and accompanying data breach, the comprehensive crypto regulation adopted by the EU, and Crosspoint Capital's agreement to purchase Absolute Software for $657 million.
Developing a cyber resilience playbook is a continuous process that demands constant enhancement, rather than a one-time input. By beginning with targeted action items and progressively expanding upon them, organizations can make every conceivable recovery scenario more manageable.
Gaurav Gupta from MeiTY, India, recommends that CIOs and CISOs should initiate their digital forensics readiness journey in advance by training first responder employees to prevent any evidence contamination. Gupta emphasized that data created will always remain.
The successful implementation of a zero trust strategy requires a comprehensive vision that combines simplicity, visibility and practicality. By taking a phased approach and aligning it with a unified goal and vision, organizations can establish a robust foundation for zero trust adoption.
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