10 Nov Cybersecurity Weekly: 11.10.23
This week’s top picks in Cybersecurity-focused headlines…
PayPal’s CISO On How Generative AI Can Improve Cybersecurity
“Achieving a double-digit reduction in losses through improved risk management indicates that the company’s AI-powered cybersecurity defenses, fraud detection models and AI-powered risk management are reducing transaction losses.” https://venturebeat.com/security/paypals-ciso-on-how-generative-ai-can-improve-cybersecurity/
Keep It Secret, Keep It Safe: The Essential Role Of Cybersecurity In Document Management
“As document management continues its long transition from physical filing cabinets to digital databases and the cloud, the potential for cyber threats increases with every step and every migration. As such, it’s critical that organizations understand and address the connection between document management and cybersecurity.” https://www.csoonline.com/article/1100998/keep-it-secret-keep-it-safe-the-essential-role-of-cybersecurity-in-document-management.html
New York Department Of Financial Services Amends Its Cybersecurity Regulations
“The updated rules finalize a new class of financial services companies subject to NYDFS’ regulations that will have heightened requirements. “Class A” companies must have at least $20 million in gross annual revenue in each of the last two fiscal years, and either more than 2,000 employees or more than $1 billion in gross annual revenue in each of the last two fiscal years from the business and its affiliates.” https://www.jdsupra.com/legalnews/new-york-department-of-financial-7196157/
Balancing Act: CISOs Knife-Edge Role In Modern Cybersecurity
“Today’s CISO is regarded as a senior decision-making executive with the ability to make or break a company’s security posture and potentially its future. This development is positive and a sign that the area of cybersecurity is no longer seen as a set of back-office processes and technical roles.” https://www.techradar.com/pro/balancing-act-cisos-knife-edge-role-in-modern-cybersecurity
Getting Aggressive With Cloud Cybersecurity
“Proactive cloud security takes active measures to spot potential threats and prevent cyberattacks before they take place, explains Nick Godfrey, senior director and global head, office of the CISO, at Google Cloud in an email interview. ‘This is done through practices like continuous identity validation, automating detection and response capabilities, and analyzing threat intelligence to mitigate weaknesses in the cloud network before they can be exploited.’” https://www.informationweek.com/cyber-resilience/getting-aggressive-with-cloud-cybersecurity
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