We Need Sensible Cybersecurity Regulations – More Is Not Necessarily Better
by Larry Clinton When the ISA published the Cybersecurity Social Contract three years ago, one of the facts we documented was that some in critical industries were being forced to divert between 30%-40% of their scarce cybersecurity resources to largely redundant regulatory compliance. This fact highlights the twin maladies of undermining efforts to strengthen cybersecurity without improving either […]
Experts from GE and FIS Help Students Deal with the Inevitable: Cyber Attacks
Once upon a time, industry experts would caution students and conference attendees that with cyber-attacks, it was not a question of if, but when. That adage has now matured into a more modern version: There are only two types of companies — those who know they have been successfully compromised, and those that don’t know […]
Cyber Experts Will Help Wharton Students Address the “Most Vexing Challenge”
The insider threat has become one of the biggest threats in the realm of cybersecurity. Despite the amount of risk posed by insiders, corporate executives often lack the awareness of the threat to adequately address it. That is why the Internet Security Alliance’s upcoming course on cybersecurity at the ABA Stonier Graduate Program at the […]
The EU Privacy Law is Not Working, But Why?
by Larry Clinton In 2016 the European Union enacted arguably the most stringent privacy law in the western world. Following a two-year transition, the law went into full effect last May. Although advocates had suggested the stringent penalties in the General Data Protection Regulation (GDPR) would deter individual privacy invasions and reduce market domination from […]
European corporate boards agree to create European adaptation of Cyber-Risk Oversight Handbook
by Larry Clinton This week the board of directors of the European Confederation of Directors Associations (ecoDa) agreed to work with the Internet Security Alliance (ISA) on a European adaptation of the Cyber-Risk Oversight Handbook originally published by the National Association of Corporate Directors in the U.S. This agreement indicates further progress that corporate boards […]
Washington Can Help States Face Cybersecurity Threats by Harmonizing Regulations
by Dan Lips The National Governors Association is meeting in Louisiana this week for its biannual cybersecurity summit. An important topic of consideration is how Washington can help state governments by harmonizing regulations. Doing so would let states focus their attention on confronting worsening cybersecurity threats, rather than answering federal auditors. “On any given day, […]
Congress Needs Training in Cybersecurity — The Right Kind of Training
by Larry Clinton Kudos to Representatives Kathleen Rice (D) and John Katko (R) for their bipartisan legislation requiring Members of Congress to receive training in cybersecurity. Give congressional representatives an IT tool and they can secure the nation for a day — maybe. Teach Congress how to truly understand and manage cyber risk and we […]
U.S.-Japanese Cyber Collaboration Needs to Include the Private Sector
by Larry Clinton While much of the attention on President Trump’s upcoming visit to Japan will focus on North Korean nuclear issues, a critical, if under-reported, element of the visit will be to bolster U.S.-Japanese cyber defenses. In a speech to the Hudson Institute last week, U.S. Ambassador to Japan William Hagerty acknowledged the importance […]
Annual FBI Internet Crime Report Finds $2.7 Billion in Losses in 2018
Internet-enabled crime was responsible for $2.7 billion in losses in 2018, according to the FBI’s annual Internet Crime Report. The data confirms industry concerns about growing cybersecurity threats. The FBI’s Internet Crime Complaint Center (IC3) reported an increase in the number of complaints from 301,580 in 2017 to 351,000 in 2018, or more than 900 […]
Should we start regulating cybersecurity in the supply chain? Not so fast.
Supply chain has become the hot topic in cybersecurity inside the Beltway in recent months – and for good reason. The British Standards Institution just this week released a new report on the supply chain identifying cybersecurity as one of the greatest security threats within the supply chain. The federal government has also taken notice to […]
