The Gramm-Leach-Bliley Act, known as the GLBA, was passed in 1999 under President Clinton. The goal of the GLBA was to update and modernize the financial industry. Today, it’s primarily used to protect customer and consumer information, with steep penalties for financial institutions that violate its privacy rules. Here’s what you need to know about the GLBA and its regulations.
Russian hackers are attempting to broadly penetrate Ukrainian infrastructure to disrupt critical services such as electricity, transportation, finance, and telecommunications. US Government urges US Critical Infrastructure owners to harden their systems and implement a “shields up” strategy. As tensions escalate, Russian cyberattacks could seek to disrupt US electricity, gas, and other systems, warn the FBI and Department of Homeland Security.
A selection of this week’s more interesting vulnerability disclosures and cyber security news. For a daily selection see our twitter feed at #ionCube24. When mobile phones are shown to have weak encryption, is it an oversight or deliberate?
Many countries around the world recognized Data Protection Day in January — a day that highlights the importance of protecting individual privacy and data against misuse. The U.S. celebrated Data Privacy Day, where privacy and security have often been seen as two separate issues. This is evidenced by the way law has historically developed.
On Feb. 23, 2022, a new wiper malware was reported publicly as affecting Ukrainian-based systems. Following a series of denial-of-service attacks and website defacements, the new destructive malware corrupts the master boot record (MBR), partition and file system of all available physical drives on Windows machines. CrowdStrike Intelligence refers to this new destructive malware as DriveSlayer, and it’s the second wiper to affect Ukraine following the recent WhisperGate.
