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🔐 Attacks like SolarWinds have made headlines in 2021, putting third-party Vendor Risks front and center

🔐 Attacks like SolarWinds have made headlines in 2021, putting third-party Vendor Risks front and center

BY: LETICIA GAMMILL FOUNDER AND PRESIDENT OF WOMCY

Download a pdf version of this article.

Since the onset of the pandemic and the massive increase in remote workers, enterprises have been challenged to fully support a hybrid workforce and changes that are being adopted to support it as hybrid work. And if you are working in security, your focus can never stop! It’s a constantly changing, all-out effort all year long to help your company or organization #BeCyberSmart.

What are the areas to focus on in 2022?

Home networks will continue to be one of the most critical parts of the enterprise network. During the pandemic, malicious remote access attempts grew 2.4 times. In September 2021, the hybrid workforce was targeted with more than 100 million email threats daily according to Cisco’s new Hybrid Work Index. I don’t expect it to slow down as email continues to be the number one threat vector affecting businesses and users.

Remote employees are working using multiple remote and mobile devices, which expands the threat landscape. Hybrid workers are using multiple devices and connecting directly to the internet to access cloud applications. Work that happened primarily on managed endpoints is now happening on unmanaged ones.

As we continue to see this new hybrid workforce and threat landscape, we also need to pay attention to some other areas that I highlight here:

Supply chain and third-party risk – Attacks like SolarWinds have made headlines in 2021, putting third-party vendor risks front and center. As we see global supply chain disruptions, this will be an area to watch in the new year.

Vulnerability management – Have a clear direction on how to determine which vulnerabilities pose the highest risk, how they should be tracked and reported to the board. Turn this into a value driver to the business on how to plan for future incidents and build a solid business resiliency strategy.

Talent pipeline – Everyone working in security is certainly feeling the effects of security staff shortages which are not slowing down. The importance of programs to increase the talent and diversity pool is more than ever essential at a global level, with a need for the corporate, government, and educational sectors to come together with solutions to increase the security workforce.

Leticia is the Founder and president of WOMCY, Latam Women in Cybersecurity, non-profit organisation made up of women, with a focus on the development of cybersecurity. WOMCY’s mission is to be a transparent and dynamic organisation that promotes, elevates, empowers and encourages more women to joining the cybersecurit segment. WOMCY has presence in the US and across Latin America and is working to minimise the knowledge gap and increase the talent pool in cybersecurity throug its programs in the Education and Corporate segments and Talent development. Visit: https://womcy.org/

Keeping an eye on Irma – Resources

Keeping an eye on Irma – Resources

Hurricane Irma is developing into a serious threat to the US East Coast. We should all be vigilant. After the recent tragedy in Houston, I don’t think any of us can be in doubt about the severity of named storms. Be prepared.

Resources:

 

Band or band aid

Band or band aid

Is Google doing enough to curb the spread of terrorist propaganda?

In the wake of multiple recent attacks, Google announced today new measures to combat the distribution of terrorist propaganda on its platforms.

Google plans to use a combination of AI and its trusted army of human ‘flaggers’ to weed out the content.

Google has in recent months lost million of dollars in ad revenue as some of the worlds largest marketing companies have abandoned Google’s YouTube platform. Read more here

ITPalooza announces date and venue

The ITPalooza organizing committee today announced its official launch of ITP17. The 6th annual edition will take place at the Ft. Lauderdale Convention Center on Thursday December 7. To keep up to date on all things ITP, visit www.itpalooza.org

 

Not All Tech Stocks Are Sliding

Not All Tech Stocks Are Sliding

There are a lot of headlines today about tech getting a slap in the face on Wall Street – particularly Apple which is down more than 3%. These guys are actually down only a few percentage points but for the largest companies in the world, that translates to billions of dollars.

But while we wring our hands around a bit of a sell-off today in some of the largest companies in the world, here’s a not-so-subtle reminder that there’s at least another company that’s decided to go on a rapid rise in the past two years – NVDA.

That’s Nvidia, a stock that might as well be in the FANG acronym at this point as a major growth stock (that’s Facebook, Amazon, Netflix and Google). Nvidia’s been on a complete tear in the past couple months (and the past few years) thanks to its major presence of the market for GPU technology, which stumbled into a critical component of machine learning technology. Instead of normal CPUs, Nvidia’s windfall has been the wild demand for technology that can support emerging products like self-driving cars, image recognition and natural language processing.

Read the article here

Not All Tech Stocks Are Sliding

IBM Silicone Breakthrough Enables the Future of AI

An IBM Breakthrough Ensures Silicon Will Keep Shrinking

An IBM-led group of researchers have detailed a breakthrough transistor design, one that will enable processors to continue their Moore’s Law march toward smaller, more affordable iterations. Better still? They achieved it not with carbon nanotubes or some other theoretical solution, but with an inventive new process that actually works, and should scale up to the demands of mass manufacturing within several years.

Read the article here

Not All Tech Stocks Are Sliding

IT brings down BA and backlogs flights around the world

Due to IT issues at British Airways, flights in to and out of Heathrow and Gatwick Airports were seriously delayed. These delays echoed around the world as flights were back-logged and even cancelled. According to BA’s CEO Alex Cruz, the problem was caused by a power surge / power-supply and no cyber attack is thought to have been carried out. It’s pretty clear there will be in-depth investigations both by BA and likely a government inquiry as to why the national carrier was brought to a standstill.

During the worst of the outage, stranded customers were encouraged to seek updates on BA’s Twitter account.

The outage affected many systems including bookings, re-bookings, call-center, check-in, website and more. In short all of BA’s customer facing technologies seem to have been affected.