CISA has released new guidelines in a wake against recent cyber attacks. These attacks, while alarming, aren't the first to be made. In fact, they're part of a long list of attacks that should be addressed by CISA right away, as they pose a threat against U.S. citizens.
Cyber threats are on the rise, and more people than ever before are accessing the internet. It is more important than ever to have a plan in case something happens. This blog post will highlight these concerns and give you ways to think on your feet and get out of sticky situations.
Cyber attacks are a serious threat to every business, every person and every organization. The more we interact digitally, the more we open ourselves up to these attacks, and there is currently no end in sight. The Cybersecurity Information Sharing Act (CISA), plays a big role in implementing a response strategy to combat cyber attacks.
Critical cyber threat: A new cyber threat is causing panic among companies
It is well documented that cyber threats are getting more and more common, and the technology that exists today is revolutionary. Companies in America often hire security firms to protect them against the constant attempts to hack into their system. One of the most critical cyber threats that companies are facing today is a threat through electric vehicles (EV). Experts believe an impending critical cyber threat is creating a security scare in the industry. Security experts have predicted that electric vehicle software is at risk from vulnerabilities. They predict it might take as little as 30 seconds for a hacker to access vehicle systems, applications and data. As for tech hardware like electronic control units, security experts say that 3D-printed cars make it easier for hackers to target it.
This will be the most alarming threat for next decade
There is more than one way to enter into any system without being noticed, just like in the case of Distributed Denial of Service (DDoS) attacks. Previously, we have discussed the various kinds of DDoS attacks and also said that your data is not safe even with cloud hosting. The reasons for this is that the security level decreases as you move towards hosted systems and eventually, it becomes possible for a cybercriminal to hack them. Even if you use Firewalls, Anti-Virus, Web Application Firewall and load balancer to prevent attacks and ensure good speeds at all the time, they are not an ultimate answer to hurdle a DDoS attack. Let’s take a look at some of the major risks involved in
It doesn't have a name yet
As the digital society's dependence on technology escalates, cybersecurity is no longer only a nice to have, but is a necessity across industries. The cyber security blueprint, therefore, which aims to mitigate the cyber threats, has increasingly become more important for businesses to adopt. Additionally, this might also lure many hackers towards commercial interest in cyber security. Businesses should seriously think about investing in cyber security measures and DDoS protection services to safeguard their data and other assets against malicious hackers on the lookout for valuable data. As the digital society's dependence on technology escalates, cybersecurity is no longer only a nice to have, but is a necessity across industries. The cyber security blueprint, therefore, which aims to mitigate the cyber threats, has increasingly become more important for
Alert level raised
Cyber attacks are becoming more common. If you were to look at statistics, you would find that less people are trusting the Internet than they were a few years ago. That is partly because cyber attacks are very common. For example, in 2016 alone, over 175 million people were a victim of a cyber crime or attack. That is one-quarter of the entire population of Europe! And it doesn’t seem like cyber crime is going anywhere. In fact, experts predict that cyber crime will contribute to $6 trillion worth of losses each year by 2019. The question is what organizations will do about these losses…
The threat posed by Cybercrime Cyber attacks inflict another major problem in addition to actual financial losses for organizations: loss of confidence from customers.
What does it mean for you?
The world of cyber security has gone into a frenzy ever since two major global ransomware attacks “WannaCry” and “Petya” hit critical sites, including ATM machines and hospitals across the world. There is little any resident can do to protect themselves from these viruses. The industry is still recovering from the menace unleashed by “WannaCry 2 months ago.” It was believed that the release of Petya, a new kind of malware would be the next big security issue to hit common people but the scope has widened and Petya is actually an attack on computers running on an outdated version of Microsoft Windows like XP which is not supported anymore by the software giant. In other words, it needed a malware.
The Importance of Security
Cyber security seems to be one of the most important and prominent issues globally today. The constant sweeping cyber breaches around the world, just goes to prove how fragile the cyber world has become and the urgent need for cyber security. Every day we come across news reports of how some young genius or a small organization has found a way to hack into an internationally reputed IT MNC’s network. This gives us an insight of how important and vast the cyber security threats are for large scale organizations across the globe.
However, it is no surprise that small and medium organizations should take into consideration the importance of cyber security, as well. It could be any small business in your locality or a small warehouse on some remote area waiting to be a target.
Creating a Security Plan
Cyber security has become one of the major concerns for organizations over the years. Most of the organizations are facing problems with cyber attacks, data leaks and so on. Cyber security breaches are also affecting people’s lives and organizations need to take some serious steps in this direction. Creating a security plan is one of the most important things for an organization to protect itself from cyber attacks. Here, We will discuss different types of cyber threats nowadays and a few tips for creating a security plan that protect your organization from all these cyber crimes.
Learning From Incidents in the Past
Data breach is a critical cyber security threat that has been facing organizations across all sectors. The recent email hacking incident happened when the Democratic National Committee’s emails were cracked and posted online. The hacking attack that occurred to Uber, could also have been averted if the systems were secured in a better way. These incidents have made it clear that even public sector organizations are not safe from attacks. Incidents from the past like data breaches of JP Morgan Chase or Target clearly underline the urgent requirement of cyber security for all kinds of organizations.
Just as there is no ‘single’ solution for Cyber Security and a variety of solutions are being implemented for best results, this article aims at covering the basics of cyber security- and the best practices.
Cybersecurity Act of 2015
The Cybersecurity Act of 2015 seeks to establish the most comprehensive cybersecurity protections to date by establishing a new, independent center within the DHS, called the Cybersecurity and Infrastructure Security Agency or (CISA) , whose primary mission would be to provide a "joint agency task force" that would protect against cyber threats by helping industries develop their own cybersecurity standards and best practices.
CSIS Act 2015 is introduced as H.R. 3696 in the US Congress. This act would establish baseline cybersecurity standards for critical infrastructure and protect against cyber attacks, which today are a growing threat all over the world. The bill mandates that each cyber-sector must develop its own set of baseline standards under a national program for security and sharing of threat information.
Oversight and Compliance
The compliance and regulatory arm for the global crytocurrency exchange, Bitfinex announced yesterday that all customer account balances will be assessed a haircut of 36.067% against the U.S. Dollar to account for the losses sustained in August 2016 due to a security breach on Bitfinex’s cryptocurrency platform. The resulting deficit has been clawed back from the company’s reserves and attributed to all customer accounts across the full range of fiat and cryptocurrency funding and withdrawal options supported by Bitfinex. Meanwhile, shareholder advocacy group, Tether sent out a statement on June 12th asserting that Tether issuances cannot be used to prop up Bitfinex and other cryptocurrency entities experiencing issues in recovering lost customer funds as reported by CC.