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National Security Risks of Late-Stage Capitalism

Schneier on Security

The company outsourced much of its software engineering to cheaper programmers overseas, even though that typically increases the risk of security vulnerabilities. For a while, in 2019, the update server’s password for SolarWinds’s network management software was reported to be “solarwinds123.”

Risk 363
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GUEST ESSAY: Where we stand on mitigating software risks associated with fly-by-wire jetliners

The Last Watchdog

Here’s what you should know about the risks, what aviation is doing to address those risks, and how to overcome them. It is difficult to deny that cyberthreats are a risk to planes. Risks delineated Still, there have been many other incidents since. There was another warning from the U.S.

Software 264
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MY TAKE: How digital technology and the rising gig economy are exacerbating third-party risks

The Last Watchdog

Accounting for third-party risks is now mandated by regulations — with teeth. I had the chance at RSA 2019 to discuss that question with Catherine Allen, chairman and CEO of the Santa Fe Group, and Mike Jordan, senior director of Santa Fe’s Shared Assessments program. That out of the way, business can proceed with less risk.

Risk 164
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OT attacks increased by over 2000 percent in 2019, IBM reports

Security Affairs

According to IBM, OT attacks increased by over 2000 percent in 2019, most of them involved the Echobot IoT malware. IBM’s 2020 X-Force Threat Intelligence Index report analyzes the threat landscape in 2019, the experts observed a spike in the number of OT attacks. “ OT attacks hit an all-time high. ” continues the report.

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How threat actors can use generative artificial intelligence?

Security Affairs

The increasing sophistication of these technologies has made it harder than ever to distinguish real content from fake. A study by the Massachusetts Institute of Technology (MIT) presented in 2019 revealed that deepfakes generated by AI could deceive humans up to 60% of the time. As the technology evolves, so will its misuse.

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SEC Fines Four Companies $7M for Misleading Cybersecurity Disclosures

SecureWorld News

Securities and Exchange Commission (SEC) announced Tuesday that it has fined four companies $7 million for misleading statements about their cybersecurity incidents, particularly concerning the high-profile 2019 SolarWinds hack. Check Point Software Technologies Ltd., Check Point Software Technologies Ltd., Unisys Corp.,

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NEW TECH: Juicing up SOAR — SIRP inserts risk-based analysis into network defense playbooks

The Last Watchdog

A new addition to the SOAR space is SIRP , a platform established in 2019 in the UK that combines security operations management with cybersecurity intelligence. Full automation is still some way off, but the data can be enriched based on certain automation and workflows, automating some 70 percent of the risk investigation.

Risk 191