The Computer-Security Incident Notification Rule requires US federal banking organizations and banking service providers to notify the Office of the Comptroller of the Currency (OCC) that a cybersecurity incident has occurred. The bank must ensure that the OCC receives this as soon as possible and no more than 36 hours after the incident has occurred.

NIST 800-161 — also identified as NIST Special Publication (SP) 800-161 — was published in April 2015 as Supply Chain Risk Management Practices for Federal Information Systems and Organizations. In May 2022, a year after President Biden’s Executive Order on Improving the Nation’s Cybersecurity, NIST produced a revised version, NIST 800-161 rev. 1 Cybersecurity Supply Chain Risk Management Practices for Systems and Organizations.

Finding the perfect cybersecurity solution can be difficult considering the numerous factors that must be taken into account, such as the industry your organization works in, the number of vendors that are managed, the approved budget to find an adequate security solution, or the specific use cases for your organization.

According to IBM’s “Securing the C-suite” report, most C-suite executives are confident in their cybersecurity plans. However, the truth is that only 17% exhibit the highest level of security. 60% of CFOs, CHROs, and CMOs feel the least engaged regarding cybersecurity threat management, despite often handling the most critical data of their respective companies.

The cyber threat landscape in Europe continues to evolve, with cyber attacks targeting multiple institutions across the EU. The worrying aspect is that many breaches also go unreported, as European businesses often do not report an incident for fear of their reputation being tarnished and instead opt to manage the fallout internally.

A disaster recovery plan (DRP) is a set of detailed, documented guidelines that outline a business’ critical assets and explain how the organization will respond to unplanned incidents. Unplanned incidents or disasters typically include cyber attacks, system failures, power outages, natural disasters, equipment failures, or infrastructure disasters.

In recognizing the growing impact of third-party risks on operational resilience, the Prudential Regulation Authority (PRA) has established new regulatory requirements in the areas of third-party risk management and outsourcing. The details were published in a Supervisory Statement that has been put into effect since March 2022.

The Australian Cyber and Infrastructure Security Centre (CISC) recently announced that the Critical Infrastructure Risk Management Program (CIRMP) obligation had entered into effect. The Minister for Home Affairs, the Hon Clare O’Neil, signed the CIRMP Rules as the final part (Section 61) of the Security of Critical Infrastructure Act 2018 (SOCI Act) on 17 February 2023, effective immediately.

Nearly 93% of healthcare organizations experienced a data breach in the last three years, and most of these events could have been avoided with basic cybersecurity practices. To help healthcare entities mitigate cybersecurity risks and increase their data breach resilience, we’ve created a comprehensive healthcare cybersecurity guide optimized for the biggest security threats in the industry.

On November 30, 2022, ChatGPT quaked the digital world, sending a tremor that even rattled the cybersecurity industry. Instead of responding in panic, a more sensible approach is to begin learning how to leverage the technology to streamline your workflow and optimize your skills. In this post, we explain how ChatGPT can be used to improve your cybersecurity posture and data breach resilience.