New York Increases Cybersecurity Rules for Financial Companies

Another example of a large and influential state doing things the federal government won’t:

Boards of directors, or other senior committees, are charged with overseeing cybersecurity risk management, and must retain an appropriate level of expertise to understand cyber issues, the rules say. Directors must sign off on cybersecurity programs, and ensure that any security program has “sufficient resources” to function.

In a new addition, companies now face significant requirements related to ransom payments. Regulated firms must now report any payment made to hackers within 24 hours of that payment…

November 3, 2023
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Aerospace Giant Boeing Confirms Cyber Compromise, LockBit Claims Responsibility

Boeing, the American multinational corporation most known for the manufacturing of aircrafts, rockets, satellites, and missiles, has confirmed a cyber breach on their systems. Last week, the infamous and prolific ransomware gang, LockBit, announced that “a tremendous amount of sensitive data was exfiltrated” from Boeing’s systems and was ready to be published if the company […]

The post Aerospace Giant Boeing Confirms Cyber Compromise, LockBit Claims Responsibility first appeared on IT Security Guru.

The post Aerospace Giant Boeing Confirms Cyber Compromise, LockBit Claims Responsibility appeared first on IT Security Guru.

November 3, 2023
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Boeing confirmed its services division suffered a cyberattack

Boeing confirmed it is facing a cyber incident that hit its global services division, the company pointed out that flight safety isn’t affected. The Boeing Company, commonly known as Boeing, is one of the world’s largest aerospace manufacturers and defense contractors.  In 2022, Boeing recorded $66.61 billion in sales, the aerospace giant has 156,000 (2022). Last week, the […]

The post Boeing confirmed its services division suffered a cyberattack appeared first on Security Affairs.

November 2, 2023
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Ransomware attacks set to break records in 2023

Ransomware attacks continue at a record-breaking pace, with Q3 2023 global ransomware attack frequency up 11% over Q2 and 95% year-over-year (YoY), according to Corvus Insurance. In its Q2 2023 Global Ransomware Report, Corvus noted a significant resur…

November 1, 2023
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