Market Moves: Cybersecurity - May 1st, 2024
 
 
Market Moves: Cybersecurity | View online
 
May 1, 2024
Leading Off

From Data Outages to TikTok Bans

Three ways CSOs can mitigate outage impact from the inside out by Leo Vasiliou is our lead piece of content this week. A 2023 Forrester survey reported that 39% of respondents estimated their company lost up to one million dollars due to disruptions in the preceding month, CSOs must work to prevent these outages from the inside out. Leo discusses why the impact of undiscovered network issues can be so profound, ranging from immediate financial losses to irreparable damage to customer trust.

SecurityInfoWatch managing editor John Dobberstein provides a compelling piece entitled cyber experts debate possible TikTok ban, national security vs. free speech. John gives us a well-sourced insight into this issue as the U.S. lawmakers and President Biden have approved legislation that makes a ban on TikTok in the U.S. more likely, cybersecurity experts have differing opinions on whether a ban would be effective and if free speech rights would suffer. Justin Miller, Associate Professor of Cyber Studies at the University of Tulsa who completed a 25-year career in the U.S. Secret Service, is not in the camp of security experts pushing for a ban, noting that China could potentially spy on U.S. citizens with almost any application on their phones.

We look forward to your feedback and thoughts on what you would like to see covered in our newsletter. Contact me at [email protected]

Steve Lasky, Editorial Director EBM Security Group

While protecting organizations against external security threats is a widely recognized aspect of the CSO’s role, the truth is, often the call comes from inside the house.
As the U.S. lawmakers and President Biden have approved legislation that makes a ban on TikTok in the U.S. more likely, cybersecurity experts have differing opinions on whether a ban would be effective and if free speech rights would suffer.
As security risks have grown more sophisticated over time, so have the methods of ransomware deployment. The multi-faceted approach being employed now by many bad actors makes tracking and defense much more difficult.
Strategies that can deliver greater data resilience, immediate recovery mechanisms and stronger access requirements
For information security professionals, the intersection of these three topics is particularly noteworthy.
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