Cybersecurity Weekly: 4.19.24

This week’s top picks in Cybersecurity-focused headlines…

6 Bad Cybersecurity Habits That Put SMBs At Risk

Less than two-thirds are fully protecting their business with measures such as password managers, two-factor authentication, and cybersecurity training, according to the Devolutions’ report. To limit the risk of being a victim, experts share their advice for SMBs to help turn their bad habits into better defenses. https://www.csoonline.com/article/2081932/top-6-bad-cybersecurity-habits-of-smbs.html

The Importance Of The Vulnerability Operations Centre For Cybersecurity

Unlike the SOC, whose primary objective is to manage incidents and alerts, the VOC is designed to predict and prevent these incidents from occurring in the first place. It focuses exclusively on the prevention, detection, analysis, prioritization, and remediation of security flaws that affect an organization’s unique IT environment. https://www.techradar.com/pro/the-importance-of-the-vulnerability-operations-centre-for-cybersecurity

Microsoft Still Dominates Cybersecurity Business After Hacks

Microsoft Corp. is under the gun because nation-state hackers keep finding ways to exploit its products. Yet the unwanted attention serves to highlight just how dominant the world’s most valuable company is in cybersecurity. https://www.bloomberg.com/news/newsletters/2024-04-17/microsoft-still-dominates-cybersecurity-business-after-hacks

Chinese Government Poses ‘Bold and Unrelenting’ Threat to U.S. Critical Infrastructure, FBI Director Says

FBI Director Christopher Wray on April 18 warned national security and intelligence experts, as well as students, that risks the government of China poses to U.S. national and economic security are “upon us now”—and that U.S. critical infrastructure is a prime target. https://www.fbi.gov/news/stories/chinese-government-poses-bold-and-unrelenting-threat-to-u-s-critical-infrastructure-fbi-director-says

Cybersecurity Continues To Be A Focal Point For Regulators in 2024

To ensure compliance with the proposed rule, private fund advisers will need to ensure that effective cyber risk management regimes, with incident response planning and escalation that allows timely appropriate reporting, are deeply integrated into business planning. This will involve coordination across multiple functions (risk, finance, legal, IT security, audit and communications/ public relations to name just a few). Data collection will be crucial, as will weeding out false positives (an area in which AI may provide some help). One thing is certain, the risks around cybersecurity continue to grow and with it, the focus of regulators on rule compliance. https://natlawreview.com/article/cybersecurity-continues-be-focal-point-regulators-2024

****BONUS****

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ALTOURAGE ON CYBERSECURITY

Few areas in the information technology space draw as much focus and concern as cybersecurity, and rightly so. Threats that were once the concern of governments and enterprises now frequently target small and midsized business. In addition, cybersecurity requirements from clients, partners, investors, insurers, and regulators continue to grow.

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