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Industry News: ESG5

    Does Remote Working Mean Weaker Cybersecurity for Platforms?

    2021-09-21

    International Adviser: Zoom, Skype, Microsoft Teams and e-signatures are just some of the digital solutions that have become part of our daily lives in the last year and a half or so. They were unknown before the plethora of lockdowns we’ve all gone through.

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    Challenges CISOs Face In a Rapidly Evolving Cybersecurity Landscape

    2021-09-21

    Help Net Security: Marlin Hawk released a research report which explores industry trends and insights of CISOs around the world, the challenges they face in a rapidly evolving cybersecurity landscape, as well as their role and place within organizations.

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    Biden Administration Sanctions Virtual Currency Exchange Following Spike in Ransomware Attacks

    2021-09-21

    CBC News: The White House imposed sanctions Tuesday against SUEX, a virtual currency exchange that enables users to trade cryptocurrency or other digital currencies, for its role in facilitating financial transactions for ransomware actors.

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    US to Target Ransomware Payments in Cryptocurrency with Sanctions

    2021-09-20

    IT News: The Biden administration is preparing to take actions, including sanctions, to make it more difficult for hackers using digital currency to profit from ransomware attacks, the Wall Street Journal reported.

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    Europol Links Italian Mafia to Million-dollar Phishing Scheme

    2021-09-20

    Bleeping Computer: In collaboration with Europol and Eurojust, European law enforcement dismantled an extensive network of cybercriminals linked to the Italian Mafia that was able to defraud their victims of roughly €10 million ($11.7 million) last year alone.

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    Know Your Breach: Walgreens

    The target: Walgreens, a U.S based drug store and pharmacy chain.

    The take: Millions of records of personally identifiable information including: name, date of birth, gender, phone number, address, email, and in some cases results from Covid-19 tests.

    The attack vector: Walgreens failed to secure their test appointment registration system. When a user requests a test and fills out the online form with their personal info, they are given a unique 32-digit ID number and a link to their appointment request page. This URL has no authentication or credential control whatsoever. Anyone can use the link to view the personal information.

    Security-by-obscurity is not a reliable method, or industry standard, way of securing personal data. Authentication and credential management are an essential strategies that should be taken into high consideration in every area where user information is accessed.

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    FTC Rules That Health Apps Must Notify Consumers Affected By Data Breaches

    2021-09-16

    Engadget: Since 2009, companies handling health records have been required to notify consumers if their data is breeched. Now, the rule has been extended to health apps that track fitness, vital statistics, sleep and more. 

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    Under Pressure: COVID-19 Forced Many Execs to Sideline Cybersecurity

    2021-09-16

    Dark Reading: After polling some 1,000 senior cybersecurity leaders, EY found that CISOs and other security leaders are struggling with inadequate budgets, regulatory fragmentation, and disconnection with the functions that need them the most. The results are detailed in the results of EY's Global Information Security Survey 2021 (GISS).

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    Three Former U.S. Intelligence Community and Military Personnel Agree to Pay More Than $1.68 Million to Resolve Criminal Charges Arising from Their Provision of Hacking

    2021-09-14

    The United States Department of Justice: On Sept. 7, U.S. citizens, Marc Baier, 49, and Ryan Adams, 34, and a former U.S. citizen, Daniel Gericke, 40, all former employees of the U.S. Intelligence Community (USIC) or the U.S. military, entered into a deferred prosecution agreement (DPA) that restricts their future activities and employment and requires the payment of $1,685,000 in penalties to resolve a Department of Justice investigation regarding violations of U.S. export control, computer fraud and access device fraud laws. The Department filed the DPA today, along with a criminal information alleging that the defendants conspired to violate such laws.

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    ‘Significant threat’: Cyber Attacks Increasingly Targeting Australia’s Critical Infrastructure

    2021-09-14

    The Guardian: A quarter of cyber incidents reported to Australian security officials over the past year have targeted critical infrastructure and essential services, including health care, food distribution and energy.

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