This edition of the ISMG Security Report features an analysis initiatives unveiled by the Biden administration to enhance supply chain and critical infrastructure security and address the cybersecurity skills gap. Also featured: LockBit 2.0 ransomware rep 'tells all'; misconfigured Microsoft Power Apps.
The Biden administration is hosting a White House meeting Wednesday with technology, banking, insurance and education executives to focus on cybersecurity and national security issues, such as protecting critical infrastructure from attacks and how to hire more security professionals to meet demand.
While the U.S. government is making strides in improving the nation's cybersecurity, it needs to do more to protect critical infrastructure from attacks and create public-private partnerships to improve national security, the Cyberspace Solarium Commission notes in a report published Thursday.
The Office of Management and Budget is ordering federal agencies to begin identifying "critical software" that needs protection as part of the effort to fulfill President Biden's cybersecurity executive order. Executive branch agencies then will have a year to implement security measures.
On Tuesday, the Senate, by a vote of 69-30, passed a $1 trillion infrastructure spending bill that would provide additional money for cybersecurity over the next several years, including extra funds for the Department of Homeland Security and its Cybersecurity and Infrastructure Security Agency.
The White House officially released its fiscal year 2022 budget proposal on Friday. The Biden administration is seeking to spend billions on cybersecurity, including $750 million for "lessons learned" from the SolarWinds attack. Officials also want to boost CISA's budget by $110 million.
You can see it in the latest high-profile attacks: Security requirements are ever more complex, exceeding the capacity of current protection capabilities. Enterprises need a new strategy for defending entry points, and Tom Sego of BlastWave believes he has it.
President Joe Biden signed an extensive executive order Wednesday that describes the government's plan to increase cybersecurity protection across the public and private sectors as well as secure the nation's infrastructure against the type of attack that targeted SolarWinds and its customers.
Lawmakers in the Senate and House have introduced legislation designed to improve and enhance the nation's electrical grid and respond to concerns that the country's power system is prone to cyberthreats.
The Biden administration will prioritize cybersecurity in its $1 billion IT modernization grant program for federal agencies, which will be overseen by the General Services Administration and the Office of Management and Budget.
The NSA is offering operational technology security guidance for the Defense Department as well as third-party military contractors and others in the wake of the SolarWinds supply chain attack. The agency notes that attackers could use IT exploits to pivot to OT systems.
A bipartisan group of lawmakers has introduced a legislative proposal that would create a program, similar to the National Guard, to deploy those with tech and security skills during significant cyberthreats, such as the recent SolarWinds and Microsoft Exchange attacks.
The latest edition of the ISMG Security Report features an analysis of whether the FBI removing malicious web shells from hundreds of compromised Microsoft Exchange Servers could set a precedent. Also featured is a description of an unusual fraud scam plus an update on security product development trends.
Attackers are targeting unpatched SAP applications, and the exploits could lead to the hijacking of the vulnerable systems, data theft and ransomware attacks, SAP and Onapsis Research Labs report. They note that patches for most of the flaws have been available for several years.
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