U.S. sanctions take aim at Chinese company said to aid hackers’ massive botnet
A joint takedown operation last year sought to disrupt Flax Typhoon’s compromise of hundreds of thousands of devices.
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Financial
Study finds ‘significant uptick’ in cybersecurity disclosures to SEC
However, less than 10% of the disclosures addressed the material impacts of the security incidents.
Treasury sanctions Chinese cyber company, employee for 2020 global firewall attack
The department’s Office of Foreign Assets Control said Guan Tianfeng used a zero-day exploit to deploy malware on 81,000 firewalls.
CFPB proposes new rule to regulate expansive data broker industry
The rule would force data brokers to adhere to the same standards as established credit agencies.
CISOs can now obtain professional liability insurance
A new business insurance offering can shield CISOs from personal losses in the event of a lawsuit.
Bitsight acquires Cybersixgill for $115 million
The Boston-based firm adds the threat intelligence provider to its product arsenal.
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Moody’s Rating adds telecoms, airlines, utilities to highest risk category
The financial ratings service says industry digital reliance increases cyber risk.
CrowdStrike points finger back at Delta after airline threatened to sue over outages
Delta will have to account for its own shortcomings if it follows through on a threat based on a “misleading narrative,” CrowdStrike said.
CDK hack shows SEC disclosure standards are unsettled
The early application of the regulatory agency’s new cybersecurity reporting rules reveal that materiality is in the eye of the beholder.
Keeping Ukraine’s grid up and running amid war; Snowflake customers under attack
Taras Vasyliv, Head of the Dispatching Control Systems Department at the NPC Ukrenergo, and Joe Marshall, Security Researcher at Cisco Talos Intelligence Group