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Cybersecurity Recap July 2020

July 24, 2020

Curated cybersecurity news

summary for facility management professional, building owners and IT professionals who are interested in building security and Facility IT.

 

Cybersecurity Market Expected to Grow by 2.5% in Worst-Case Scenario

Cybersecurity spending will grow by 5.6% year-on-year in 2020, despite the financial problems that all economies face right now. In fact, the entire cybersecurity market will likely grow by 2.5% this year, according to a new report from Canalys. Learn More

Garmin global outage caused by ransomware attack, sources say

An ongoing global outage at sport and fitness tech giant Garmin  was caused by a ransomware attack, according to two sources with direct knowledge of the incident. Learn More

#COVID19 Home Working Leads to Cybersecurity Hiring Spree

The COVID-19 pandemic has led to a major boost in cybersecurity job vacancies in the US, data from the Cybersecurity Jobs Report: Q2, has revealed. The study, produced by the International Consortium of Minority Cybersecurity Professionals (ICMCP) and CyberVista, indicates that the shift to remote working in the crisis has led to organizations investing more heavily in protecting themselves from cyber-threats. Learn More.

NIST Cybersecurity Framework, online learning, updated standard

NIST has released the 2nd Draft of NISTIR 8286, Integrating Cybersecurity and Enterprise Risk Management (ERM), for public comment. This second public draft of NISTIR 8286 contains the same main concepts as the initial public draft, but their presentation has been revised to clarify the concepts and address other comments from the public. The public comment period closes on August 21, 2020. See the publication details for a copy of the draft and instructions for submitting comments.
The latest Success Stories from the Government of Bermuda and Saudi Aramco, help us to demonstrate how diverse organizations each leverage the Cybersecurity Framework to improve their cybersecurity risk management practices. Learn More

Senate Passes Portman, Hassan, Cornyn & Peters Bipartisan Provision to Bolster Cybersecurity at All Levels of Government in FY 2021 NDAA

U.S. Senators Rob Portman (R-OH), Maggie Hassan (D-NH), John Cornyn (R-TX), and Gary Peters (D-MI) praised the Senate passage of their bipartisan amendment to the FY 2021 National Defense Authorization Act (NDAA), to require the Department of Homeland Security to establish a Cybersecurity State Coordinator position in every state. The legislation will now need to be conferenced with the version passed by the House of Representatives. 

Under the legislation, each state would have its own federally funded Cybersecurity Coordinator, who would be responsible for helping to prevent and respond to cybersecurity threats by working with federal, state, and local governments, as well as schools, hospitals, and other entities. This amendment mirrors the Cybersecurity State Coordinator Act that the Senators introduced earlier this year, and in March, the Homeland Security Committee voted on a bipartisan basis to approve this legislation. Read More

Taking on the perfect storm in cybersecurity

he biggest risk in cybersecurity today is that organizations can’t keep up with the amount of work it takes to be secure. The people on your cybersecurity teams are drowning under an impossible amount of manual work. When people are asked to use manual processes against machines, they can’t keep up. Meanwhile, the hackers are getting smarter every day. They use machine learning (ML) algorithms to scale attacks that can only be successfully prevented by comparable techniques.

Under these conditions, you’ve got a perfect storm brewing. Read More

3 Cybersecurity Risk Areas to Focus On in 2020

2020 has brought with it immense change across the cybersecurity risk landscape. The effects of COVID-19 pandemic are still ongoing, and the opportunities for new cybersecurity risk areas to emerge is more real than ever. Read More

Cybersecurity threats are expanding beyond large organizations

The Defense Department is involved in its own cybersecurity efforts at every level, and DOD also assists other government agencies, the intelligence community and international partners, the deputy assistant secretary of defense for cyber policy said. Read More

CISOs discuss cybersecurity in the COVID-19 environment

A digital panel discussion sponsored by MIT's Sloan CIO Digital Learning Series covered a range of topics from protecting remote workers to phishing to how to manage risk. Read More

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