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Yesterday — 17 May 2024Main stream

Lookback Analysis in ERP Audit – Source: securityboulevard.com

lookback-analysis-in-erp-audit-–-source:-securityboulevard.com

Source: securityboulevard.com – Author: Emma Kelly Today, data is the key driver of success, and even small decisions can have a significant impact. Therefore, it is crucial for organizations to use powerful analytical tools. Lookback or retrospective analysis provides a point-in-time view of past events, decisions, actions, or outcomes. It involves examining historical data to […]

La entrada Lookback Analysis in ERP Audit – Source: securityboulevard.com se publicó primero en CISO2CISO.COM & CYBER SECURITY GROUP.

User Outcry as Slack Scrapes Customer Data for AI Model Training

17 May 2024 at 12:43

Slack reveals it has been training AI/ML models on customer data, including messages, files and usage information. It's opt-in by default.

The post User Outcry as Slack Scrapes Customer Data for AI Model Training appeared first on SecurityWeek.

Lookback Analysis in ERP Audit

17 May 2024 at 08:52

The Importance of Lookback Analysisin Effective ERP AuditingToday, data is the key driver of success, and even small decisions can have a significant impact. Therefore, it is crucial for organizations to use powerful analytical tools. Lookback or retrospective analysis provides a point-in-time view of past events, decisions, actions, or outcomes. […]

The post Lookback Analysis in ERP Audit appeared first on SafePaaS.

The post Lookback Analysis in ERP Audit appeared first on Security Boulevard.

SEC Updates 24-Year-Old Rule to Scale Customers’ Financial Data Protection

Financial data, financial data protection, SEC

The SEC is tightening its focus on financial data breach response mechanisms of very specific set of financial institutions, with an update to a 24-year-old rule. The amendments announced on Thursday mandate that broker-dealers, funding portals, investment companies, registered investment advisers and transfer agents develop comprehensive plans for detecting and addressing data breaches involving customers’ financial information. Under the new rules, covered institutions are required to formulate, implement, and uphold written policies and procedures specifically tailored to identifying and mitigating breaches affecting customer data. Additionally, firms must establish protocols for promptly notifying affected customers in the event of a breach, ensuring transparency and facilitating swift remedial actions. “Over the last 24 years, the nature, scale, and impact of data breaches has transformed substantially,” said SEC Chair Gary Gensler. “These amendments to Regulation S-P will make critical updates to a rule first adopted in 2000 and help protect the privacy of customers’ financial data. The basic idea for covered firms is if you’ve got a breach, then you’ve got to notify. That’s good for investors.” According to the amendments, organizations subject to the regulations must notify affected individuals expeditiously with a deadline of no later than 30 days following the discovery of a data breach. The notification must include comprehensive details regarding the incident, the compromised data and actionable steps for affected parties to safeguard their information. While the amendments are set to take effect two months after publication in the Federal Register, larger entities will have an 18-month grace period to achieve compliance, whereas smaller organizations will be granted a two-year window. However, the SEC has not provided explicit criteria for distinguishing between large and small entities, leaving room for further clarification.

The Debate on SEC's Tight Guidelines

The introduction of these amendments coincides with the implementation of new incident reporting regulations for public companies, compelling timely disclosure of “material“ cybersecurity incidents to the SEC. Public companies in the U.S. now have four days to disclose cybersecurity breaches that could impact their financial standing. SEC’s interest in the matter stems from a major concern: breach information leads to a stock market activity called informed trading, currently a grey area in the eyes of law. Several prominent companies including Hewlett Packard and Frontier, have already submitted requisite filings under these regulations, highlighting the increasing scrutiny on cybersecurity disclosures. Despite pushback from some quarters, including efforts by Rep. Andrew Garbarino to The SEC’s incident reporting rule has however received pushback from close quarters including Congressman Andrew Garbarino, Chairman of the Cybersecurity and Infrastructure Protection Subcommittee of the House Homeland Security Committee and a Member of the House Financial Services Committee. Garbarino in November introduced a joint resolution with Senator Thom Tillis to disapprove SEC’s new rules. “This cybersecurity disclosure rule is a complete overreach on the part of the SEC and one that is in direct conflict with congressional intent. CISA, as the lead civilian cybersecurity agency, has been tasked with developing and issuing regulations for cyber incident reporting as it relates to covered entities. Despite this, the SEC took it upon itself to create duplicative requirements that not only further burden an understaffed cybersecurity workforce with additional and unnecessary reporting requirements, but also increase cybersecurity risk without a congressional mandate and in direct contradiction to public law that is intended to secure the homeland,” Garbarino said, at the time. Senator Tillis added to it saying the SEC was doing its “best to hurt market participants by overregulating firms into oblivion.” Businesses and industry leaders across the spectrum have expressed intense opposition to the new rules but the White House has signaled its commitment to upholding the regulatory framework. Media Disclaimer: This report is based on internal and external research obtained through various means. The information provided is for reference purposes only, and users bear full responsibility for their reliance on it. The Cyber Express assumes no liability for the accuracy or consequences of using this information.
Before yesterdayMain stream

Vermont Legislature Passes One of the Strongest Data Privacy Measures in the Country

14 May 2024 at 22:05

Vermont legislature passed a bill that prohibits the sale of sensitive data, such as social security and drivers’ license numbers, financial or health information.

The post Vermont Legislature Passes One of the Strongest Data Privacy Measures in the Country appeared first on SecurityWeek.

FBI/CISA Warning: ‘Black Basta’ Ransomware Gang vs. Ascension Health

13 May 2024 at 13:08
Closeup photo of street go and stop signage displaying Stop

Будет! Russian ransomware rascals riled a Roman Catholic healthcare organization.

The post FBI/CISA Warning: ‘Black Basta’ Ransomware Gang vs. Ascension Health appeared first on Security Boulevard.

How to Get PCI Compliance Certification? Steps to Obtain it – Source: securityboulevard.com

how-to-get-pci-compliance-certification?-steps-to-obtain-it-–-source:-securityboulevard.com

Source: securityboulevard.com – Author: Shikha Dhingra Do you recall the incidents involving Equifax, Target, and British Airways? Experiencing a data breach can significantly harm your business and reputation. According to research by the National Cyber Security Alliance, 60% of small businesses shut down within six months of a data breach. To mitigate the risk of […]

La entrada How to Get PCI Compliance Certification? Steps to Obtain it – Source: securityboulevard.com se publicó primero en CISO2CISO.COM & CYBER SECURITY GROUP.

Cybersecurity Salary: How Much Can You Earn? – Source: securityboulevard.com

cybersecurity-salary:-how-much-can-you-earn?-–-source:-securityboulevard.com

Source: securityboulevard.com – Author: Kevin Smith Maybe you’ve heard there’s an interplanetary-sized gap in the amount of cybersecurity professionals available and the roles needed to be filled.  According to the recent Cybersecurity Workforce Study by the non-profit ISC2, the cybersecurity workforce shortage has hit a record high of nearly 4 million. The disparity between the […]

La entrada Cybersecurity Salary: How Much Can You Earn? – Source: securityboulevard.com se publicó primero en CISO2CISO.COM & CYBER SECURITY GROUP.

How to Get PCI Compliance Certification? Steps to Obtain it

11 May 2024 at 03:11

Do you recall the incidents involving Equifax, Target, and British Airways? Experiencing a data breach can significantly harm your business and reputation. According to research by the National Cyber Security Alliance, 60% of small businesses shut down within six months of a data breach. To mitigate the risk of such breaches, PCI compliance establishes stringent […]

The post How to Get PCI Compliance Certification? Steps to Obtain it appeared first on Kratikal Blogs.

The post How to Get PCI Compliance Certification? Steps to Obtain it appeared first on Security Boulevard.

NASA Must Improve Spacecraft Cybersecurity, GAO Report Finds – Source: securityboulevard.com

nasa-must-improve-spacecraft-cybersecurity,-gao-report-finds-–-source:-securityboulevard.com

Source: securityboulevard.com – Author: Nathan Eddy Houston, we may have a problem. NASA’s cybersecurity framework for spacecraft development is inconsistent and must be improved, according to a 34-page review by the U.S. Government Accountability Office (GAO). The GAO report highlighted the need for mandatory cybersecurity updates throughout the space agency’s $83 billion space development project […]

La entrada NASA Must Improve Spacecraft Cybersecurity, GAO Report Finds – Source: securityboulevard.com se publicó primero en CISO2CISO.COM & CYBER SECURITY GROUP.

NSA: State-backed attackers are not after your data — they’re targeting CI – Source: securityboulevard.com

nsa:-state-backed-attackers-are-not-after-your-data-—-they’re-targeting-ci-–-source:-securityboulevard.com

Source: securityboulevard.com – Author: Paul Roberts Companies in the crosshairs of advanced persistent threat (APT) actors look at data theft not as a primary objective of hacking crews backed by Russia, China and Iran — but rather as a means to an end, the U.S. National Security Agency (NSA) told attendees at the annual RSA […]

La entrada NSA: State-backed attackers are not after your data — they’re targeting CI – Source: securityboulevard.com se publicó primero en CISO2CISO.COM & CYBER SECURITY GROUP.

NSA: State-backed attackers are not after your data — they’re targeting CI

9 May 2024 at 14:33

Companies in the crosshairs of advanced persistent threat (APT) actors look at data theft not as a primary objective of hacking crews backed by Russia, China and Iran — but rather as a means to an end, the U.S. National Security Agency (NSA) told attendees at the annual RSA Conference in San Francisco. 

The post NSA: State-backed attackers are not after your data — they’re targeting CI appeared first on Security Boulevard.

Crypto Mixer Money Laundering: Samourai Founders Arrested

9 May 2024 at 03:00

The recent crackdown on the crypto mixer money laundering, Samourai, has unveiled a sophisticated operation allegedly involved in facilitating illegal transactions and laundering criminal proceeds. The cryptocurrency community was shocked by the sudden Samourai Wallet shutdown. The U.S Department of Justice (DoJ) revealed the arrest of two co-founders, shedding light on the intricacies of their […]

The post Crypto Mixer Money Laundering: Samourai Founders Arrested appeared first on TuxCare.

The post Crypto Mixer Money Laundering: Samourai Founders Arrested appeared first on Security Boulevard.

Build Strong Information Security Policy: Template & Examples

8 May 2024 at 18:13

Every organization needs to have security measures and policies in place to safeguard its data. One of the best and most important measures you can take to protect your data (and that of your customers) is simply to have a robust information security policy. Of course, that idea sounds simple enough. In practice, however, it’s...

The post Build Strong Information Security Policy: Template & Examples appeared first on Hyperproof.

The post Build Strong Information Security Policy: Template & Examples appeared first on Security Boulevard.

RSAC 2024 Day 2: IoT Security Questions (and Answers)

8 May 2024 at 14:54

RSA Conference delivers in terms of interesting dialogues with other cybersecurity professionals, and this year while there is not much on the conference agenda related to IoT security there is a lot of discussion about it.  Whether it’s the UK’s Product Security law going into effect at the end of April, the growing focus by […]

The post RSAC 2024 Day 2: IoT Security Questions (and Answers) appeared first on Viakoo, Inc.

The post RSAC 2024 Day 2: IoT Security Questions (and Answers) appeared first on Security Boulevard.

Cyber Essentials Plus Checklist for 2024

The Cyber Essentials Plus Certification focuses on 5 fundamental security controls. Here's a checklist to make sure you're on the right track.

The post Cyber Essentials Plus Checklist for 2024 appeared first on Scytale.

The post Cyber Essentials Plus Checklist for 2024 appeared first on Security Boulevard.

RSAC 2024: IoT Security Questions (and Answers)

7 May 2024 at 13:49

The 2024 RSA Conference is underway, and Viakoo is out in force.  During the conference as we meet with customers, prospects, media, and analysts I will try to cherry pick some of the more interesting questions related to IoT Security.  Over the past year the number of IoT security breaches and incidents has continued to […]

The post RSAC 2024: IoT Security Questions (and Answers) appeared first on Viakoo, Inc.

The post RSAC 2024: IoT Security Questions (and Answers) appeared first on Security Boulevard.

Why GenAI fails at full SOC automation

7 May 2024 at 08:00

A rapidly growing number of organizations are exploring the use of generative AI tools to transform business processes, improve customer interactions, and enable a variety of new and innovative use cases. But technology leaders who hope to harness GenAI tools to build a completely autonomous security operations center (SOC) might need to keep their expectations in check.

The post Why GenAI fails at full SOC automation appeared first on Security Boulevard.

FCC Fines Wireless Carriers for Sharing User Locations Without Consent

30 April 2024 at 10:43

The Federal Communications Commission leveraged nearly $200 million in fines against wireless carriers AT&T, Sprint, T-Mobile and Verizon for illegally sharing customers’ location data.

The post FCC Fines Wireless Carriers for Sharing User Locations Without Consent appeared first on SecurityWeek.

AT&T, Verizon, T-Mobile Slapped with $200 Million Fine Over Location Data Sharing

30 April 2024 at 04:28

illegal data sharing, FCC

The Federal Communications Commission has fined the largest phone carriers in the country - AT&T, Sprint, T-Mobile and Verizon - $200 million over illegal data sharing of its customers location with third parties, and that with inadequate safeguards in place. Of the four, T-Mobile was fined the most with more than $80 million but it will pay another $12 million as Sprint, which was acquired by them in April 2020 was fined separately for its malpractices prior to the acquisition. AT&T was fined more than $57 million and Verizon nearly $47 million. The FCC Enforcement Bureau investigations of the four carriers found that each of them sold access to its customers’ location information to aggregators, who then resold access of such information to third-party location-based service providers. For example, AT&T had arrangements with two location information aggregators: LocationSmart and Zumigo, which in turn, had arrangements with location-based service providers.  “In total, AT&T sold access to its customers’ location information (directly or indirectly) to 88 third-party entities,” the FCC said.
“The largest wireless carriers in the country were selling our real-time location information to data aggregators, allowing this highly sensitive data to wind up in the hands of bail-bond companies, bounty hunters, and other shady actors,” said FCC Chair Jessica Rosenworcel.
The agency stated, "Each carrier attempted to offload its obligations to obtain customer consent onto downstream recipients of location information, which in many instances meant that no valid customer consent was obtained." Furthermore, when the carriers became aware of the inadequacy of their procedures, they failed to halt the sale of access to location information or adequately safeguard it from unauthorized access. AT&T and Verizon revealed their intention to appeal the FCC's decision, citing legal and factual discrepancies in the agency's order, while T-Mobile planned to challenge the decision, emphasizing its commitment to safeguarding customer data and labeling the fine as excessive. All three companies highlighted that the program for which they were fined ended approximately five years ago.

Views of the Illegal Data Sharing Whistleblower

Senator Ron Wyden (D-OR), commenting on Monday's action praised the FCC for penalizing wireless carriers.
“No one who signed up for a cell plan thought they were giving permission for their phone company to sell a detailed record of their movements to anyone with a credit card ,” Wyden said. “I applaud the FCC for following through on my investigation and holding these companies accountable for putting customers’ lives and privacy at risk.”
The issue first came to light in 2018 when Wyden discovered the carriers' practices, revealing instances of abuse by government officials and others who obtained location data without proper authorization. The FCC found the telecom companies' practices in violation of section 222 of the Federal Communications Act, which mandates confidentiality of customer information and affirmative consent before sharing or accessing customer location data. FCC’s action comes weeks after the House of Representatives passed the Fourth Amendment Is Not For Sale Act, which would prohibit law enforcement agencies from buying location data and other sensitive information about Americans, without a court order. Privacy advocates cheered the bill’s passage but it now faces an uphill task in the Senate and the White House. Media Disclaimer: This report is based on internal and external research obtained through various means. The information provided is for reference purposes only, and users bear full responsibility for their reliance on it. The Cyber Express assumes no liability for the accuracy or consequences of using this information.

Enforce and Report on PCI DSS v4 Compliance with Rapid7

17 April 2024 at 09:00
Enforce and Report on PCI DSS v4 Compliance with Rapid7

The PCI Security Standards Council (PCI SSC) is a global forum that connects stakeholders from the payments and payment processing industries to craft and facilitate adoption of data security standards and relevant resources that enable safe payments worldwide.

According to the PCI SSC website, “PCI Security Standards are developed specifically to protect payment account data throughout the payment lifecycle and to enable technology solutions that devalue this data and remove the incentive for criminals to steal it. They include standards for merchants, service providers, and financial institutions on security practices, technologies and processes, and standards for developers and vendors for creating secure payment products and solutions.”

Perhaps the most recognizable standard from PCI, their Data Security Standard (PCI DSS), is a global standard that provides a baseline of technical and operational requirements designed to protect account data. In March 2022, PCI SSC published version v4.0 of the standard, which replaces version v3.2.1. The updated version addresses emerging threats and technologies and enables innovative methods to combat new threats. This post will cover the changes to the standard that came with version 4.0 along with a high-level overview of how Rapid7 helps teams ensure their cloud-based applications can effectively implement and enforce compliance.

What’s New With Version 4.0, and Why Is It Important Now?

So, why are we talking about the new standard nearly two years after it was published? That’s because when the standard was published there was a two year transition period for organizations to adopt the new version and implement required changes that came with v4.0. During this transition period, organizations were given the option to assess against either PCI DSS v4.0 or PCI DSS v3.2.1.

For those that haven’t yet made the jump, the time is now This is because the transition period concluded on March 31, 2024, at which time version 3.2.1 was retired and organizations seeking PCI DSS certification will need to adhere to the new requirements and best practices. Important to note, there are some requirements that have been “future-dated.” For those requirements, organizations have been granted another full year, with those updates being required by March 31, 2025.

The changes were driven by direct feedback from organizations across the global payments industry. According to PCI, more than 200 organizations provided feedback to ensure the standard continues to meet the complex, ever-changing landscape of payment security.

Key changes for this version update include:

Flexibility in How Teams Achieve Compliance / Customized Approach

A primary goal for PCI DSS v4.0 was to provide greater flexibility for organizations in how they can achieve their security objectives. PCI DSS v4.0 introduces a new method – known as the Customized Approach – by which organizations can implement and validate PCI DSS controls Previously, organizations had the option of implementing Compensating controls, however these are only applicable when a situation arises whereby there is a constraint – such as legacy systems or processes – impacting the ability to meet a requirement.

PCI DSS v4.0 now provides organizations the means to choose to meet a requirement leveraging other means than the stated requirement. Requirement 12.3.2 and Appendices D and E outline the customized approach and how to apply it. To support customers, Rapid7’s new PCI DSS v4.0 compliance pack provides a greater number of insights than in previous iterations. This should lead to increased visibility and refinement in the process of  choosing to mitigate and manage requirements.

A Targeted Approach to Risk Management

Alongside the customized approach concept, one of the most significant updates  is the introduction of targeted risk analysis (TRA). TRAallows organizations to assess and respond to risks in the context of an organization's specific operational environment. The PCI council has published guidance “PCI DSS v4 x: Targeted Risk Analysis Guidance” that outlines the two types of TRAs that an entity can employ regarding frequency of performing a given control and the second addressing any PCI DSS requirement for when an entity utilizes a customized approach.

To assist in understanding and having a consolidated view of security risks in their cloud environments, Rapid7 customers can leverage InsightCloudSec Layered Context and the recently introduced Risk Score feature. This feature combines a variety of risk signals, assigning a higher risk score to resources that suffer from toxic combinations or multiple risk vectors.Risk score holistically analyzes the risks that compound and increase the likelihood or impact of compromise.

Enhanced Validation Methods & Procedures

PCI DSS v4.0 has provided improvements to the self-assessment (SAQ) document and to the Report on Compliance (RoC) template, increasing alignment between them and the information summarized in an Attestation of Compliance to support organizations in their efforts when self-attesting or working with assessors to increase transparency and granularity.

New Requirements

PCI DSS v4.0 has brought with it a range of new requirements to address emerging threats. With modernization of network security controls, explicit guidance on cardholder data protections, and process maturity, the standard focuses on establishing sustainable controls and governance. While there are quite a few updates - which you can find detailed here on the summary of changes - let’s highlight a few of particular importance:

  • Multifactor authentication is now required for all access into the Cardholder Data Environment (CDE) - req. 8.5.1
  • Encryption of sensitive authentication data (SAD) - req. 3.3.3
  • New password requirements and updated specific password strength requirements: Passwords must now consist of 12 characters with special characters, uppercase and lowercase - reqs. 8.3.6 and 8.6.3
  • Access roles and privileges are based on least privilege access (LPA), and system components operate using deny by default - req. 7.2.5
  • Audit log reviews are performed using automated mechanisms - req. 10.4.1.1

These controls place role-based access control, configuration management, risk analysis and continuous monitoring as foundations, assisting organizations to mature and achieve their security objectives. Rapid7 can help  with implementing and enforcing these new controls, with a host of solutions that offer PCI-related support – all of which have been updated to align with these new requirements.

How Rapid7 Supports Customers to Attain PCI DSS v4.0 Compliance

InsightCloudSec allows security teams to establish, continuously measure, and illustrate compliance against organizational policies. This is accomplished via compliance packs, which are sets of checks that can be used to continuously assess your entire cloud environment - whether single or multi-cloud. The platform comes out of the box with dozens of compliance packs, including a dedicated pack for the PCI DSS v4.0.

Enforce and Report on PCI DSS v4 Compliance with Rapid7

InsightCloudSec assesses your cloud environments in real-time for compliance with the requirements and best practices outlined by PCI It also enables teams to identify, assess, and act on noncompliant resources when misconfigurations are detected. If you so choose, you can make use of the platform’s native, no-code automation to remediate the issue the moment it's detected, whether that means alerting relevant resource owners, adjusting the configuration or permissions directly or even deleting the non-compliant resource altogether without any human intervention. Check out the demo to learn more about how InsightCloudSec helps continuously and automatically enforce cloud security standards.

InsightAppSec also enables measurement against PCI v4.0 requirements to help you obtain PCI compliance. It allows users to create a PCI v4.0 report to help prepare for an audit, assessment or a questionnaire around PCI compliance. The PCI report gives you the ability to uncover potential issues that will affect the outcome or any of these exercises. Crucially, the report allows you to take action and secure critical vulnerabilities on any assets that deal with payment card data. PCI compliance auditing comes out of the box and is simple to generate once you have completed a scan against which to run the report.

Enforce and Report on PCI DSS v4 Compliance with Rapid7

InsightAppSec achieves this coverage by cross referencing and then mapping our suite of 100+ attack modules against PCI requirements, identifying which attacks are relevant to particular requirements and then attempting to exploit your application with those attacks to obtain areas where your application may be vulnerable. Those vulnerabilities are then packaged up in the PCI 4.0 report where you can see vulnerabilities listed by PCI requirements This provides you with crucial insights into any vulnerabilities you may have as well as enabling  management of those vulnerabilities in a simplistic format.

For InsightVM customers, an important change in the revision is the need to perform authenticated internal vulnerability scans for requirement 11.3.1.2. Previous versions of the standard allowed for internal scanning without the use of credentials, which is no longer sufficient. For more details see this blog post.

Rapid7 provides a wide array of solutions to assist you in your compliance and governance efforts. Contact a member of our team to learn more about any of these capabilities or sign up for a free trial.

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