Everyone hates telemarketers. If they can convince one or two suckers out of a thousand call to sign up, it………more...
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If you are an independent contractor and/or a small business having an insurance policy is a must and offers you protection and peace of mind. Here are some quick tips on how to get started and safely covered as a Cybersecurity, IT and/or Technology professional.
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As we prepare for the annual October holiday season with Cybersecurity Awareness Month there is an important question to ask. Are we as a society at the point of fatigue over every new security breach, or are the companies getting breached just too big to fail?
Security giant Fortinet announced a data breach this week that was remarkable in two ways. One was how small the breach was (less than 500GB) Two was how calm Fortinet seemed to be about. Security gadfly Dr. Chase Cunningham posted a flippant comment about the breach on Linkedin, encouraging his followers to “buy on the breach.” He pointed out that with big public companies, in security or not, generally take a hit on their stock for a day or two after a breach, but the stock rises to new highs as the dust clears. And no one seems to care about the downstream customers whose data might have been stolen.
A 2010 study published in the Journal of Cost Management concluded that a company could be more profitable if it annoyed unhappy customers more than they already were. The success of that strategy increased with the size of the company, according to the study, and when there were fewer competitors for a customer to turn to.
The reasons for the success were simple. If a pissed off customer decided to go a smaller provider, there were always new customers who signed up, simply because they were the biggest. If there were no smaller competitors, the customer never went away. In the process, the offending company rarely has to pay out to make the customer whole. The study pointed our that companies like United Airlines have notoriously bad customer service, but they rarely lose market share because of it.
Kevin Szczepanski, co-chair of Barclay Damon's Data Security, is much more forgiving
Traditional methods of safeguarding information assets have become insufficient in today’s world of advanced cybercrime strategies. A more proactive approach is needed. This article explains the concept of breach and attack simulation (BAS).
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State legislatures are scrambling hard to enact regulations of the cybersecurity and AI industries to protect them from themselves. And the leaders of those industries object to the efforts, like drug abusers forced into rehab.
For the past 10 years, the investor world shoveled money into any company that said they are focused on AI, but that support is starting to shake. Many AI startups that have received billions of investment are struggling financially, not the least of which is the elephant in the room, OpenAI. The most successful AI company in the world is on pace to lose $5 billion this year and, according to CEO Sam Altman, the company needs more than $8 billion more investment this year or will face bankruptcy inside 12 months.
Part of the loss of confidence in AI are the number of failures that seem to be increasing. The AI Incident Database, which chronicles incidents dating back to 1983, now contains 629 incidents. An even bigger reason is the self-governing rules the industry says it has adopted either don’t work or are ignored altogether.
The industry has generally acknowledged its weaknesses. More than a year ago, Altman sat before the US Senate essentially begging for the government to regulate the industry. Support for that legislation has waned, however, as 15 U.S. state legislatures are considering dozens of bills to regulate the development and use of artificial intelligence.
In a letter from OpenAI Chief Strategy Officer Jason Kwon to California Senator Scott Wiener (author of SB 1047), the company highlighted several reasons it opposed the bill, including the recommendation that regulation should be, "shaped and implemented at the federal level. A federally-driven set of AI policies, rather than a patchwork of state laws, will foster innovation and position the US to lead the development of global standards."
The “patchwork” argument has been used to oppose proposed laws in nine states. The problem with that is most federal laws come after a critical mass of laws at the state level. Historically, when two thirds of the sites pass similar laws, the US Congress considers standardizing them nationally. The US is less than halfway through that process.
The legislators authoring these bills seem to understand that they are not “experts” in technology and have been working with tech companies to make the bills more palatable. In California’s SB 1047, Weiner, removed provisions for criminal prosecution and an entirely new state bureaucracy to enforce the bill before it went to the governor’s desk last week. Instead, the bill merely directs the state attorney general to file civil charges when companies violate the mandates.
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Deepfake can affect our society including misinformation, fake news, political destabilisation, cyber-espionage, copyright and more, disturbing scenarios.
There is a need to detect what is real to prevent/reduce the impact of these threats.
Keeping up with requirements has caused financial organizations to rapidly overhaul their IT infrastructure. Because of this rapid digitalization, organizations are consuming many different security solutions creating a bespoke environment that inadvertently exposes them to cyber threats.
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Ransomware vulnerability is typically exacerbated by immature security programs, leaving organizations susceptible to a variety of infiltration tactics. Additionally, a lack of security culture within companies increases susceptibility to ransomware attacks.
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In order to understand the ever-changing regulatory landscape, we spoke to eight cybersecurity experts about the latest developments and how businesses should navigate their way through.
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Today businesses face increasingly sophisticated cyber threats that necessitate robust security measures. One such innovative approach gaining traction is the Security Operations Center as a Service (SOCaaS). This model offers organizations the opportunity to enhance their security operations efficiently and effectively by leveraging external expertise and advanced technologies.
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