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Learn about critical threats that can impact your organization and the bad actors behind them from Cybersixgill's threat experts. Each story shines a light on underground activities, the threat actors involved, and why you should care, along with what you can do to mitigate risk.  Cybersecurity professionals are facing unprecedented challenges as they strive to manage increasing workloads amidst limited budgets, inadequate staffing, and growing attack surfaces. Research indicates that a majority of these professionals find their jobs more difficult than ever, and a significant number are contemplating leaving their current positions due to the stress and demands of the role. The value of cyber threat intelligence (CTI) in anticipating and mitigating potential attacks is widely recognized. However, security teams face several challenges in effectively utilizing CTI insights, which can turn a powerful cyber defense weapon into an additional burden that security professionals must ...

The U.S. Securities and Exchange Commission (SEC) on Wednesday approved new rules that require publicly traded companies to publicize details of a cyber attack within four days of identifying that it has a "material" impact on their finances, marking a major shift in how computer breaches are disclosed. "Whether a company loses a factory in a fire — or millions of files in a cybersecurity incident — it may be material to investors," SEC chair Gary Gensler  said . "Currently, many public companies provide cybersecurity disclosure to investors. I think companies and investors alike, however, would benefit if this disclosure were made in a more consistent, comparable, and decision-useful way." To that end, the new obligations mandate that companies reveal the incident's nature, scope, and timing, as well as its impact. This disclosure, however, may be delayed by an additional period of up to 60 days should it be determined that giving out such specific...

The U.S. Senate unanimously  passed  the " Strengthening American Cybersecurity Act " on Tuesday in an attempt to bolster the cybersecurity of critical infrastructure owners in the country. The new  bipartisan legislation , among other things, stipulates entities that experience a cyber incident to report the attacks within 72 hours to the U.S. Cybersecurity and Infrastructure Security Agency (CISA), in addition to alerting the agency about ransomware payments within 24 hours. Furthermore, affected organizations are required to preserve relevant data and promptly share updates "to a previously submitted covered cyber incident report if substantial new or different information becomes available or if the covered entity makes a ransom payment after submitting a covered cyber incident report." The Strengthening American Cybersecurity Act of 2022 combines three different bills: the Cyber Incident Reporting Act ( CIRA ), the Federal Information Security Management A...

Cybersecurity reporting is a critical yet often overlooked opportunity for service providers managing cybersecurity for their clients, and specifically for virtual Chief Information Security Officers (vCISOs). While reporting is seen as a requirement for tracking cybersecurity progress, it often becomes bogged down with technical jargon, complex data, and disconnected spreadsheets that fail to resonate with decision-makers. The result? Clients who struggle to understand the value of your work and remain uncertain about their security posture. But what if reporting could be transformed into a strategic tool for aligning cybersecurity with business goals? What if your reports empowered clients, built trust, and showcased cybersecurity as a driver of business success? That's exactly the focus of Cynomi's new guide— " Taking the Pain Out of Cybersecurity Reporting: The Guide to Mastering vCISO Reports ." This resource helps vCISOs reimagine reporting as an opportunity to create value,...

Cybersecurity is an infinite journey in a digital landscape that never ceases to change. According to Ponemon Institute 1 , "only 59% of organizations say their cybersecurity strategy has changed over the past two years." This stagnation in strategy adaptation can be traced back to several key issues. Talent Retention Challenges:  The cybersecurity field is rapidly advancing, requiring a skilled and knowledgeable workforce. However, organizations face a critical shortage of such talent, making it difficult to keep strategies agile and relevant. Leadership Focus : Often, the attention of leadership teams is divided across various priorities, and cybersecurity may not be at the forefront. This can result in strategies becoming outdated and less effective. Board Engagement:  Adequate board support is essential for strategy evolution. A lack of comprehensive understanding of cybersecurity issues at the board level can lead to insufficient resources and support for strategic u...

Why does ICS/OT need specific controls and its own cybersecurity budget today? Because treating ICS/OT security with an IT security playbook isn't just ineffective—it's high risk. In the rapidly evolving domain of cybersecurity, the specific challenges and needs for Industrial Control Systems (ICS) and Operational Technology (OT) security distinctly stand out from traditional IT security. ICS/OT engineering systems, which power critical infrastructure such as electric power grids, oil and gas processing, heavy manufacturing, food and beverage processes, and water management facilities, require tailored cybersecurity strategies, and controls. This is due to the increasing attacks towards ICS/OT, their unique operational missions, a different risk surface than that of traditional IT networks, and the significant safety consequences from cyber incidents that impact the physical world. Critical infrastructure should be protected against today's threats to continue supporting national sa...

The landscape of cybersecurity in financial services is undergoing a rapid transformation. Cybercriminals are exploiting advanced technologies and methodologies, making traditional security measures obsolete. The challenges are compounded for community banks that must safeguard sensitive financial data against the same level of sophisticated threats as larger institutions, but often with more limited resources. The FinServ Threat Landscape Recent trends show an alarming increase in sophisticated cyber-attacks. Cybercriminals now deploy advanced techniques like deep fake technology and AI-powered attacks, making it increasingly difficult for banks to differentiate between legitimate and malicious activities. These developments necessitate a shift towards more sophisticated and adaptive cybersecurity measures. Take these industry statistics, for example. Financial firms report 703 cyberattack attempts per week.1 On average, 270 attacks (entailing unauthorized access of data, appl...

The SEC isn't giving SaaS a free pass. Applicable public companies, known as "registrants," are now subject to cyber incident disclosure and cybersecurity readiness requirements for data stored in SaaS systems, along with the 3rd and 4th party apps connected to them.  The new cybersecurity mandates  make no distinction between data exposed in a breach that was stored on-premise, in the cloud, or in SaaS environments. In the SEC's own words: "We do not believe that a reasonable investor would view a significant data breach as immaterial merely because the data are housed on a cloud service." This evolving approach comes as SaaS security shortcomings continually make headlines and tech leaders debate  how the SEC may change cybersecurity  after charging both SolarWinds and its CISO with fraud.  Why SaaS and SaaS-to-SaaS Connection Risks Matter to the SEC — And To Your Organization  The perception and reality of SaaS security are, in many cases, miles apa...

Cybersecurity in healthcare has never been more urgent. As the most vulnerable industry and largest target for cybercriminals, healthcare is facing an increasing wave of cyberattacks. When a hospital's systems are held hostage by ransomware, it's not just data at risk — it's the care of patients who depend on life-saving treatments. Imagine an attack that forces emergency care to halt, surgeries to be postponed, or a cancer patient's private health information used for extortion. This is the reality healthcare faces as cybercriminals exploit people who need care. Healthcare accounted for 17.8% of all breach events and 18.2% of destructive ransomware events since 2012 1 , surpassing other sectors like finance, government, and education. This alarming rise in attacks makes one thing clear: poor cybersecurity hygiene is the root cause, and the consequences for failing to address these vulnerabilities are devastating. Organizations that neglect basic cybersecurity practices, like sof...