Senior risk and compliance professionals within financial services company’s lack confidence in the security data they are providing to regulators, according to Panaseer's 2020 GRC Peer Report. Results from a global external survey of over 200+ GRC leaders* reveal concerns on data accuracy, request overload, resource-heavy processes and lack of end-to-end automation.

To understand current cloud infrastructure (IaaS) utilization and management practices, SailPoint, in partnership with dimensional research, surveyed executives and governance professionals who are directly involved with IaaS compliance and governance. The report reviews the global research survey which investigates current issues, risks, and challenges with IaaS environments as well as the tools used to manage access and governance of those environments.  In addition, the report found that a large majority (74%) of companies use more than one IaaS provider, with some companies reporting using as many as seven and eight – which can lead to significant security issues.

Recently, broader social dynamics, related to gender and nationality, in particular, are shaping the activity of cybercriminal forums. Digital Shadows explored this trend in a new analysis blog, "Unpicking Cybercriminals’ Personalities - Part 1: Gender and Nationality," that looks at how the dynamics of gender and nationality play out in cybercriminal forums and how it’s shaping cybercrime trends as a result. 

Lance Dubsky was named chief security officer at Quintillion. Dubsky is charged with ensuring the company's current corporate, physical, and cybersecurity, as well as positioning Quintillion to support a secure U.S. Arctic.  

Digital banking provides faster processing of financial transactions, more convenience, and a model that allows for the continuation of a financial industry even in the face of a pandemic. However, digital banking makes banks vulnerable to cyberattacks. Banks are now facing fresh security challenges that were brought on or affected by COVID-19. Here is what you need to know about them and how to protect yourself.

The SEC’s Office of Compliance Inspections and Examinations (“OCIE”) recently issued a Risk Alert (the “Alert”) discussing cybersecurity observations from its examinations over time. The Alert did not state the time period of examinations included; however, OCIE has conducted several cybersecurity targeted exams over recent years.

Attackers shifted tactics in Q2 2020, with a 570% increase in bit-and-piece DDoS attacks compared to the same period last year, according to the new Nexusguard Q2 2020 Threat Report. Perpetrators used bit-and-piece attacks to launch various amplification and elaborate UDP-based attacks to flood target networks with traffic.

Seven in every ten CISOs (71%) believe cyberwarfare is a threat to their organization, and yet just over a fifth (22%) admit to not having a strategy in place to mitigate this risk. This is especially alarming during a period of unprecedented global disruption, as half of infosec professionals (50%) agree that the increase of cyberwarfare will be detrimental to the economy in the next 12 months.

Keren Elazari, CISSP, Security Analyst, Researcher, and Public Speaker, kicked off GSX+’s fourth day with a keynote address on the future of cybersecurity. Elazari, a former hacker turned cybersecurity expert, is an internationally celebrated speaker, researcher, and author on all matters of cybersecurity. Her 2014 TED talk, viewed by millions, helped shape the global conversation about the role of hackers and the evolution of cybersecurity in the information age.