The Financial Services Sector Coordinating Council recently unveiled the Cybersecurity Profile - a framework that integrates widely used standards and supervisory expectations to help financial institutions develop cyber risk management programs. Josh Magri of the Bank Policy Institute outlines key elements.
Financial institutions of all sizes can use a new Cybersecurity Profile tool to help them comply with a variety of regulations and implement the NIST Cybersecurity Framework, says Denyette DePierro of the American Bankers Association.
The latest version of the NIST Cybersecurity Framework - Version 1.1 - includes more information on supply chain risk management, authentication, authorization, identity proofing and self-assessing cybersecurity risk management, says Matthew Barrett of the National Institute of Standards and Technology.
A database security blunder revealed on Friday serves as a reminder that the days of SMS-based authentication should be over. The exposed database, which wasn't protected by a password, contained 26 million text messages, many of which were two-step verification codes and account-reset links.
As cyber threats grow and regulatory regimes strengthen, global enterprises increasingly are in search of a common cybersecurity framework to improve their abilities to be both secure and compliant. At the heart of this discussion is the NIST Cybersecurity Framework, which has emerged as a de facto global standard....
In October of this year, the banking industry unveiled its new Cybersecurity Profile to help financial institutions develop and maintain cyber risk management programs. This groundbreaking document - the culmination of two years' work - marries the NIST Cybersecurity Framework with the finance sector's highly complex...
The latest edition of the ISMG Security Report features Kevin McDonald of the Mayo Clinic discussing how to secure connected medical devices. Plus, updates on the indictments of Chinese agents for hacking and the unveiling of the Financial Services Sector Cybersecurity Profile.
Banks have a new tool available for developing cyber risk management programs. In an interview, architects of the Financial Services Sector Cybersecurity Profile, Denyette DePierro and Josh Magri, describe how to use it. They'll offer more details at ISMG's Legal & Compliance Summit in New York on Nov. 15.
Health insurer Anthem had earned HITRUST Common Security Framework certification before its mega-breach. Now that the insurer has agreed to a $16 million HIPAA settlement with federal regulators, who spelled out the company's security shortcomings, it's worth scrutinizing the value of adopting a framework.
The latest edition of the ISMG Security Report features an analysis of the results of over 1,000 cyberattack investigations in the U.K. Also: an update on the proposed NIST privacy framework and a report on voter registration information for sale on the dark web.
Building on the success of the NIST Cybersecurity Framework, the National Institute of Standards and Technology is in the early stages of developing a privacy framework. The effort will kick off with a workshop Tuesday in Austin, Texas, explains Naomi Lefkovitz, who is leading the project.
Unused or unmonitored SSH keys grant alarming levels of privileged access beyond users, proliferating into your machine-to-machine communications and services. Learn how securing your SSH inventory beyond your PAM solution helps compliance with NIST, FISMA, and CDM along with five steps you can take today to...
The cyberthreat landscape is rapidly changing. As attacks continue to increase in volume and sophistication, agency defenses also must evolve.
In order to do so, many agencies are moving toward a more holistic, analytics-driven approach to security. By gaining an end-to-end view of what's happening inside an agency...
Companies that want to continue doing business globally will need to take privacy much more seriously, especially in light of increasingly strict new laws, ranging from the California Consumer Privacy Act to the EU's GDPR, says privacy and security expert Michelle Robles.
The National Cybersecurity Center of Excellence (NCCoE) at NIST has created a series of free resources touting best industry practices that utilize the latest technology, automation and system controls to guide industry professionals through minimizing their cyber risks and identifying threats. These practices go a...
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