ISMG's global editorial team reflects on the top cybersecurity news and analysis from 2021 and looks ahead to the trends already shaping 2022. From ransomware to Log4j, here is a compilation of major news events, impacts and discussions with leading cybersecurity experts on what to expect in the new year.
ONUS, one of Vietnam's largest cryptocurrency platforms, has reportedly fallen victim to a ransomware attack that has been traced to Apache's remote code execution vulnerability, Log4j, via third-party payment software. CrowdStrike has also detected Chinese APT activity around the logging flaw.
In the U.S., three states now have disparate data privacy laws - and more are coming. Meanwhile, China has enacted a new law that has global enterprises scrambling. How will these and other actions shape privacy discussions in 2022? Noted attorney Lisa Sotto shares insights.
U.S. President Joe Biden on Monday signed into law the National Defense Authorization Act for fiscal year 2022, which contains $768 billion in defense spending - 5% more than 2021 - and several cybersecurity provisions, including expansion of the Cybersecurity and Infrastructure Security Agency.
Lisa Sotto, partner and chair of the global privacy and cybersecurity practice at Hunton Andrews Kurth LLP, joins three ISMG editors to discuss important cybersecurity and privacy issues, including how U.S. enterprises are harmonizing three disparate privacy laws, and ransomware preparedness.
A federal grand jury has handed down a superseding indictment expanding the charges filed against Joe Sullivan, the former CSO of Uber, for his allegedly covering up a 2016 data breach at the ride-sharing service from authorities and paying "hush money" to two hackers. Sullivan denies the charges.
An Indian joint parliamentary committee has reintroduced set penalties for data violations after yielding to opposition demands. Some cyber law experts still believe it is unlikely organizations will be heavily penalized owing to deficiencies in the country's legal procedures.
The latest edition of the ISMG Security Report features an analysis of the Log4j security flaw, including the risks and mitigation techniques, how to patch Log4j, and CISO Dawn Cappelli on Log4j response.
Attackers tied to China, Iran, North Korea and Turkey have been targeting or testing exploits of the ubiquitous Apache Log4j vulnerability. Vendors are rushing to identify and patch supported software and hardware as cybersecurity agencies urge organizations to mitigate the threat and beware exploit attempts.
A zero-day vulnerability detected in the Java logging library Apache Log4j can result in full server takeover and leaves countless applications vulnerable, according to security researchers, who say that the easily exploitable flaw was first detected in the popular game Minecraft.
Good news on the breach prevention and incident response front: More businesses are getting more mature practices in place, although as attackers continue to improve their efforts, so too must defenders, says incident response expert Rocco Grillo of consultancy Alvarez & Marsal.
In October, Missouri's governor accused a journalist of hacking after he alerted the state to exposed personal information on a state education website. Now, emails reveal that state planned on thanking him before it chose to pursue prosecution and that the FBI immediately dismissed the incident.
The U.S. Transportation Security Administration has issued new security directives for higher-risk freight railroads, passenger rail, and rail transit that it says will strengthen cybersecurity across the transportation sector in response to growing threats to critical infrastructure.
While the Capital One breach may have been
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Following the holiday recess, U.S. lawmakers are picking up several legislative priorities starting Monday, including progress on the annual defense spending bill, which contains amendments that would require incident reporting for critical infrastructure providers, among other measures.
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