05 Apr Cybersecurity Weekly: 4.5.24
This week’s top picks in Cybersecurity-focused headlines…
Cybersecurity in 2024: A Deep Dive Into FinTech’s Top Concerns And Strategies
“Nearly 40% of compliance professionals across asset management, investment adviser, and private markets firms remain unprepared for the cybersecurity risks posed by AI, reveals the 2024 Cybersecurity Benchmarking Survey.” https://fintech.global/2024/04/04/cybersecurity-in-2024-a-deep-dive-into-fintechs-top-concerns-and-strategies/
Unspoken Battle: The Cybersecurity Imperative For Protecting Executives
“In our digital era, the seamless flow of information is a double-edged sword. As businesses shift more of their operations to the cloud, a worrisome pattern has taken shape: cyberattacks meticulously designed to target senior executives. These individuals, who effectively hold the “keys to the kingdom,” are increasingly vulnerable.” https://www.forbes.com/sites/emilsayegh/2024/04/02/unspoken-battle-the-cybersecurity-imperative-for-protecting-executives/?sh=7eaf4cdf7320
The Power of Cybersecurity Outcome-Driven Metrics (ODMs) for Security Operation Centers (SOCs)
“Cybersecurity teams have traditionally relied on many metrics and indicators to measure their performance and effectiveness. While these metrics are invaluable for operational insight, they often fall short of painting a comprehensive picture of how security initiatives contribute to broader business goals. This gap has led to the emergence of Outcome-Driven Metrics (ODMs) as a pivotal framework for aligning cybersecurity efforts with the strategic outcomes an organization aims to achieve.” https://securityboulevard.com/2024/04/the-power-of-cybersecurity-outcome-driven-metrics-odms-for-socs/
How CISOs Can Make Cybersecurity a Long-Term Priority for Boards
“Board members often lack the necessary knowledge to make informed decisions about the company’s cybersecurity posture, and it’s the CISO’s job to educate them in a clear and compelling way. CISOs must demonstrate how much damage cyberattacks can cause, the ways employees can be equipped to identify and prevent these attacks, and how to maintain accountability for their risk-mitigation program.” https://www.darkreading.com/cyber-risk/how-cisos-can-make-cybersecurity-long-term-priority-for-boards
NIST Awards $3.6 Million for Community-Based Cybersecurity Workforce Development
“The U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) has awarded cooperative agreements totaling nearly $3.6 million aimed at building the workforce needed to safeguard enterprises from cybersecurity risks. The grants of roughly $200,000 each will go to 18 education and community organizations in 15 states that are working to address the nation’s shortage of skilled cybersecurity employees.” https://www.nist.gov/news-events/news/2024/04/nist-awards-36-million-community-based-cybersecurity-workforce-development
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