Market Moves: Cybersecurity - Jun 5th, 2024
 
 
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June 5, 2024
Leading Off

Data Privacy Looms Large

The influence of Artificial Intelligence (AI) is revolutionizing businesses. While 92% believe AI will enhance their business through streamlined operations, customer insights, and personalization, it's crucial to recognize that AI also introduces potential risks, such as data exploitation, that must be addressed.

Dana Louise Simberkoff, the Chief Risk, Privacy, and Information Security Officer for AvePoint, Inc.'s Chief Risk, leads our newsletter edition today. She discusses how AI continues to transform businesses and the crucial role of organizations in prioritizing data security and governance.

Bruce Edwards is the Senior Manager at PCI Assurance and provides our second highlighted feature digging into why organizations are stepping up payment security. One of the top compliance standards for the payment industry, the Payment Card Industry Data Security Standard (PCI DSS), is undergoing an overhaul with its 4.0 version. While other versions saw incremental changes compared to the original standard, 4.0 will bring more than 50 new requirements for companies to comply with before March 31st, 2025, thus radically transforming the framework.

Explore these and other timely cybersecurity stories and news in today’s edition of EBM’s Market Moves Cybersecurity ENL. We value your feedback and thoughts on what you would like to see covered in our newsletter. Please feel free to contact me at [email protected].

Steve Lasky, Editorial Director EBM Security Group

As AI continues to transform businesses, it is crucial for organizations to prioritize data security and governance
PCI DSS's goal was to create better controls for cardholder data and reduce credit fraud. The original version required companies to install and maintain firewall configurations to protect cardholder data and change default passwords.
Navigating the new wave of compliance standards
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Cybersecurity is being addressed but without adequate safety engineering to account for unexpected system interactions
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Improving the security, safety and resilience of U.S. commercial shipping vessels and maritime infrastructure
Ticketmaster has yet to publicly confirm the incident and did not immediately respond to a request for comment from SecurityInfoWatch Friday.
Another hacking group has claimed a giant victory as news got out this week that ShinyHunters claimed to have bypassed Ticketmaster’s security measures to steal the personal data of 560 million users.
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This new contract follows warnings issued this month by president Joe Biden and top officials about increasing cyberattacks on U.S water infrastructure by state-sponsored foreign actors.
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WiCyS plans to use the grant to help fund its Security Training Scholarship program, a skill-development program designed to uncover hidden talent and increase diversity in the cyber workforce.
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This integration provides a centralized place for K12 school district administrators to track and report on completed KnowBe4 courses within MobileMind.
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Entrust’s eighteenth annual study reveals that the risk of a cyber breach is the number one global driver for Zero Trust strategy implementation.
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In an exclusive interview with SecurityDNA host Steve Lasky, former U.S. Department of Homeland Security Secretary Michael Chertoff, co-founder and executive chairman of The Chertoff Group, reveals the trends he sees in the convergence of cyber risk, physical risk, and protecting personnel, global assets and the supply chain.
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Editors from IndustryWeek, Smart Industry, SecurityInfoWatch, Fleet Maintenance, Plastics Machinery & Manufacturing and Electronics Design discuss the higher profile that cyber attacks have been taking in the manufacturing world.

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