Policy & Regulation: Page 22


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    Companies urged to alert federal law enforcement in ransomware cases

    A key official with the U.S. Secret Service says companies need to work with law enforcement agencies, who can help make critical decisions in disrupting illicit transactions.

    By Nov. 17, 2021
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    FBI justifies its decision to withhold Kaseya decryptor

    The law enforcement agency prioritized the long-term benefits of a delay over the immediate decryption key release.

    By Samantha Schwartz • Nov. 17, 2021
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    Trendline

    Top 5 stories from Cybersecurity Dive

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    By Cybersecurity Dive staff
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    Jon Cherry via Getty Images
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    K-12's decade-old cyber guidance needs updating, watchdog says

    With K-12 considered critical infrastructure, the Government Accountability Office is calling for more guidance on the federal government's role in protecting schools. 

    By Roger Riddell • Nov. 15, 2021
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    Banks outpace other industries in cyber investments, defense strategies: report

    The banking industry is actively investing in cyber defense and employing sound corporate governance practices to combat threats, Moody's found.

    By Nov. 15, 2021
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    US backs Paris-led effort on cybersecurity cooperation

    After sitting on the sidelines for three years, the U.S. is joining an international effort to create stability and order in cyberspace.

    By Nov. 11, 2021
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    DOJ unveils charges, money seizures in multinational crackdown against REvil

    The Justice, Treasury and State departments led an international effort to crack down on ransomware, money laundering and illicit trading of cryptocurrency connected to the gang linked to the Kaseya attack.

    By Nov. 9, 2021
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    State Department to add cyber bureau, tackle tech diplomacy

    The additions could help streamline coordination and eliminate the simultaneous — and sometimes redundant — efforts of global partners. 

    By Samantha Schwartz • Nov. 9, 2021
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    Sarah Silbiger via Getty Images
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    $1.2 trillion infrastructure bill passes House, tying cyber to physical investments

    The bill, which awaits President Joe Biden's signature, invests $2 billion in cybersecurity and formalizes the national cyber director's budget. 

    By Samantha Schwartz • Nov. 8, 2021
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    Pentagon revamps CMMC program to help SMBs meet compliance standards

    Critics have decried the cybersecurity program as far too expensive and complex for thousands of defense contractors struggling to shield data from nation states. 

    By Nov. 5, 2021
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    "SEC" by SEC is licensed under CC BY 2.0
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    SEC to 'dig deeper' in cybersecurity enforcement

    The commission's guidance from 2018 foreshadowed many recent cybersecurity enforcement actions by the agency's Cyber Unit.

    By Jim Tyson • Nov. 5, 2021
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    Photo illustration by Danielle Ternes/Cybersecurity Dive; photograph by yucelyilmaz via Getty Images
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    CISA wants to identify the most vulnerable critical infrastructure

    The agency is basing its analysis on economic and network centrality, as well as "logical dominance in the national critical functions," Director Jen Easterly said.

    By Samantha Schwartz • Nov. 1, 2021
  • Neil MacDonald, distinguished VP analyst at Gartner, Chris Krebs, Gartner keynote 2021
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    Chris Krebs, former CISA director and founding partner of Krebs Stamos Group, speaking with Gartner Distinguished VP Analyst Neil MacDonald during the virtual Gartner IT Symposium/Xpo Wednesday. Retrieved from Gartner IT Symposium/Xpo on Oct. 20, 2021

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    Government can demand stronger product security, Krebs said. It could help private sector, too

    The federal government can use the power of the purse to leverage security improvements, which could benefit businesses at large, according to former CISA Director Chris Krebs.

    By Samantha Schwartz • Oct. 22, 2021
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    Cyberattacks spur demand for cyber insurance: Moody's

    "This is a critical area that we're challenged with," Securities and Exchange Commission Chair Gary Gensler said, describing the agency’s sharper focus on cyber risk.

    By Jim Tyson • Oct. 22, 2021
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    Photo illustration by Danielle Ternes/Cybersecurity Dive; photograph by yucelyilmaz via Getty Images
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    Federal agencies warn of ransomware targeting water, wastewater treatment plants

    Months after the attack on a Florida water treatment plant, the FBI, CISA and other agencies are concerned about a new round of threats to vulnerable municipal sites.

    By Oct. 18, 2021
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    2021 ransomware bitcoin activity eclipses last year, Treasury finds

    The number of suspicious activity report transactions is already up 30% over 2020 numbers and the agency has tracked billions of dollars in outgoing bitcoin payments potentially linked to ransomware.

    By Samantha Schwartz • Oct. 18, 2021
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    Ransomware summit takeaways: Pledges to disrupt safe havens, money laundering

    The State Department is in talks with Russia, however, some U.S. experts warn the Biden administration needs to take more forceful action out in the open. 

    By Oct. 15, 2021
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    Biden administration seeks international progress on ransomware fight

    Russia, China and North Korea were left out of the virtual summit, while officials from 30 nations look to combat ransomware and illegal crypto transactions.

    By Oct. 14, 2021
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    White House tackles endpoint security in federal agencies, tees up CISA

    Agencies should have "enterprise-level visibility" across bureaus and sub-agencies, a Friday memo said.

    By Samantha Schwartz • Oct. 13, 2021
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    DOJ cracks down on ransomware with cyber task force, civil fraud initiative

    Federal authorities will target illegal crypto trading platforms and pursue federal contractors that fail to report breaches.

    By Oct. 7, 2021
  • Ransomware attacks put availability of medical devices at risk: FDA cyber chief

    Industry reached a "watershed moment" earlier this year when a device outage caused by malware endangered patient lives, said the acting director of cybersecurity at CDRH. 

    By Greg Slabodkin • Oct. 4, 2021
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    How CISA's head wants to reform federal cybersecurity

    Without a federal incident reporting law, CISA and the private sector lack efficient information-sharing capabilites, Director Jen Easterly said.

    By Samantha Schwartz • Sept. 23, 2021
  • Treasury Secreatry Janet Yellen peers behind her glasses on Capitol Hill.
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    Treasury sanctions crypto exchange Suex in push to thwart ransomware

    While more legal measures await international cybercrime, the government is sending interim messages to ransomware gangs.

    By Samantha Schwartz • Sept. 22, 2021
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    Carol Highsmith. (2005). "Apex Bldg." [Photo]. Retrieved from Wikimedia Commons.
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    FTC warns app makers fall under breach notification rule

    A breach must be reported regardless of whether it was the result of malicious action, the agency said. Any unauthorized access, including sharing information without consent, would trigger the rule.

    By Shannon Muchmore • Sept. 17, 2021
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    Neuberger amplifies Labor Day ransomware fears

    The FBI alerted the food and agricultural industries of the increased risk of ransomware attacks, citing a series of damaging incidents against farms and production facilities.

    By Sept. 3, 2021
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    Alex Wong via Getty Images
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    Tech CEOs promise billions of dollars in cybersecurity support

    The Biden administration has to strike a balance between honoring big tech's capitalism while pushing it to a higher standard for the sake of national security.

    By Samantha Schwartz • Aug. 26, 2021