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Texas lawmakers on the Hill lead drive for cybersecurity legislation
After recent high-profile cyberattacks on the U.S. private sector, Congress has been tasked with passing legislation that will address cybersecurity concerns including how the private sector should report data breaches to regulators and how the U.S. government should respond to state-sponsored cyberattacks. Three Texas Republican lawmakers, through leadership roles in committees and subcommittees, have been charged with exploring solutions to those concerns.
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DHS to lead anti-cybercrime campaign
DHS is gearing up to be the leader in the White House’s campaign to stop cybercrime. President Barack Obama has called cyberspace the “wild west” and that citizens as well as the private sector are looking to the government to be the sheriff. Obama has signed an executive order to promote information sharing between the private and public sector, but many tech companies are hesitant to provide the government cyberthreat information.Under DHS’s proposal, both private companies and government agencies will submit details of previous or current cyberattacks into a shared database hosted by DHS’s National Cybersecurity and Communications Integration Center. Participating entities will then be able to tap into that database to learn about potential attacks targeted at their respective industries.
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Obama’s cybersecurity initiative: a start but businesses – and individuals – need to do more
The linchpin of President Obama’s recently launched cybersecurity initiative is to encourage the private sector to share information to better defend against cyberattacks. Yet U.S. companies have historically been wary of openly talking about their cybersecurity efforts with competitors and with government — for good reason. Many businesses fear that sharing threat-related information could expose them to liability and litigation, undermine shareholder or consumer confidence, or introduce the potential for leaks of proprietary information. For some companies, Edward Snowden’s revelations of sweeping government surveillance programs have reinforced the impulse to hold corporate cards close to the vest. Yet on the heels of a deluge of high-profile cyberattacks and breaches against numerous U.S. companies, we may finally have reached a tipping point, where potential harm to reputation and revenue now outweighs the downside of disclosure from a corporate perspective. Obama’s executive order is thus a spur to get the ball rolling but, frankly, there is a limit to what government alone can (and should) do in this area. Changes in attitudes and behaviors are needed across the board, right down to families and individuals.
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DHS S&T announces licensing of cyber security technology
The other day, the Department of Homeland Security (DHS) Science and Technology Directorate (S&T) announced that technology from its Cyber Security Division Transition to Practice (TTP) program has been licensed for market commercialization. This is S&T’s second technology that has successfully gone through the program to the commercial market. The technology, Hyperion, developed by Oak Ridge National Laboratory, is a malware forensics detection and software assurance technology which has been licensed to R&K Cyber Solutions LLC, a Manassas, Virginia-based application development and cyber solution company.
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Data breaches notwithstanding, many companies still blasé about cybersecurity
Cybersecurity industry analysts predicted that the 2014 data breaches which plagued Target, Home Depot, and JPMorgan – to name but a few — would elevate information security to “top priority concern” among corporate executives. This has not been the case, as recent surveys of chief information security officers (CISOs) and technology executives at the world’s largest companies show mixed attitudes at best.
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U.S. contemplates responses to a cyber-Pearl Harbor attack on critical infrastructure
Cybersecurity experts often contemplate how U.S. security agencies would react to a cyber-9/11 or a digital Pearl Harbor, in which a computer attack would unplug the power grid, disable communications lines, empty bank accounts, and result in loss of life. “Ultimately, it absolutely could happen,” says one expert. “Yeah, that thought keeps me up at night, in terms of what portion of our critical infrastructure could be really brought to its knees.”
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U.S. farming sector increasingly vulnerable to cyberattacks
America’s farms and agricultural giants are not exempt from cyberattacks, according to officials who spoke at Thursday’s farm-outlook forum hosted by the U.S. Department of Agriculture (USDA). The farming sector is increasingly vulnerable to cyberattacks as farmers and agribusinesses rely more on data, with satellite-guided tractors and algorithm-driven planting services expanding across the U.S. Farm Belt. For industrial farmers, data breaches and manipulation are especially worrisome, considering that many rely on new farm-management services that collect information on soil content and past crop yields to generate planting recommendations.
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First known Arabic cyber-espionage group attacking thousands globally: Kaspersky Lab
The Kaspersky Lab Global Research and Analysis Team the other day announced the discovery of Desert Falcons, a cyber-espionage group targeting multiple high profile organizations and individuals from Middle Eastern countries. Kaspersky Lab said its experts consider this actor to be the first known Arabic group of cyber mercenaries to develop and run full-scale cyber-espionage operations. In total Kaspersky Lab experts were able to find signs of more than 3,000 victims in 50+ countries, with more than one million files stolen.
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Poor decision-making may lead to cybersecurity breaches
Recent high-profile security breaches, such as those at Target, Anthem Inc., and Sony Pictures, have attracted scrutiny to how the seemingly minor decisions of individuals can have major cybersecurity consequences. One expert says that social interactions affect the processes behind personal cybersecurity decision-making. “We all have small supercomputers in our pockets now,” he notes. “Regular people like you and me make a lot of important security decisions on a daily basis.”
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Obama signs cybersecurity executive order, promotes information-sharing hubs
President Barack Obama, at last week’s White House Summit on Cybersecurity and Consumer Protection, reiterated the need for more companies to collaborate with each other as well as with the federal government to develop cybersecurity solutions that protect consumer privacy while keeping hackers out of network systems.One strategy Obama encouraged in his speech was the creation of information-sharing groups, called hubs, built around vertical industry sectors.
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Grants competition to improve security, privacy of online identity verification systems
The National Institute of Standards and Technology (NIST) is launching a competition for a fourth round of grants to pilot online identity verification systems that help improve the privacy, security, and convenience of online transactions. The pilot grants support the National Strategy for Trusted Identities in Cyberspace (NSTIC), a White House initiative launched in 2011. NSTIC’s goal is to improve trust online through the creation of a vibrant “Identity Ecosystem,” in which individuals and organizations are able to better trust one another because they follow agreed-upon standards and processes for secure, privacy-enhancing and interoperable identity solutions online.
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DHS to rely on big data to protect critical infrastructure, networks
DHS officials responsible for protecting federal civilian networks and critical industries from cyberattacks are going to rely more on big data analytics to predict, detect, and respond to future hacks, according to a White House progress reportreleased on 5 February. The report details how cybersecurity officials are “working across government and the private sector to identify and leverage the opportunities big data analytics presents to strengthen cybersecurity.”
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CEO responsibilities for data breach
The job of a chief executive officer (CEO) is becoming more difficult every year. Today, in addition to being strategic visionaries and leaders, most CEOs must deal with complex legal issues surrounding their organizations. More often they are being held personally responsible for mistakes made by their organizations. Security breaches are one of the fastest growing legal issues facing many C-level executives. All C-level executives need to be prepared to handle a potential security crisis with the help of IT, legal, and PR (public relation) teams.Taking rapid countermeasures and openly communicating about breaches are key factors in effectively managing expectations of a company’s shareholders and customers.
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Spotting, neutralizing hackers when they are already inside your systems
Since the Internet gained popularity in the 1990s, the traditional model of cybersecurity has been to build systems and software which could keep hackers out of computers. As hackers continue to tap into complex security systems, however, some cybersecurity experts are advising companies to focus on tricking or neutralizing hackers once they have infiltrated networks, rather than spending money only on trying to keep them out.
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Cybersecurity sector welcomes Obama’s $14 billion cybersecurity initiatives in 2016 budget
Massachusetts cybersecurity firms applauded President Barack Obama proposed$14 billion toward cybersecurity initiatives in his 2016 budget. If approved, the federal government would spend more money on intrusion detection and prevention capabilities, as well as cyber offensive measures. Waltham-based defense contractor Raytheon, whose government clients already use the firm for its cybersecurity capabilities and expertise, believes the cybersecurity industry is expected to grow even faster in the coming years.
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