This Week in Security News: Rules and Roles

Welcome to our weekly roundup, where we share what you need to know about the cybersecurity news and events that happened over the past few days. This week, The New York Times critiqued the S.E.C.’s new cybersecurity guidance, Github suffered a record-breaking DDoS attack, and Forbes outlined the roles and responsibilities of CFOs and CMOs in establishing cybersecurity protection.

 

Read on to learn more.

 

 

S.E.C.’s New Cybersecurity Guidance Won’t Spur More Disclosures

The New York Times looks at why the S.E.C.’s new cybersecurity guidance will not generate more disclosures from companies.

PoC Exploits for Memcached DDoS Attacks Published Online

Trend Micro reports on two record-breaking distributed-denial-of-service (DDoS) events: a landmark 1.35 Tbps DDoS attack on GitHub and a 1.7 Tbps DDoS attack that hit an American service provider.

Due Diligence on Cybersecurity Becomes Bigger Factor in M&A

As cybersecurity is a growing concern in many industries, The Wall Street Journal discusses the need for close scrutiny in merger and acquisition deals.

Trend Micro at HiMSS: Protecting Healthcare Organizations with Optimized, Connected Security

The healthcare industry remains one of the most frequently targeted sectors in the United States. It accounted for nearly a quarter (23%) of all breaches reported in 2017.

World Economic Forum leads creation of fintech cyber security consortium

Reuters reports on the World Economic Forum’s creation of an industry consortium, focused on improving the cybersecurity of financial technology companies.

2017’s Biggest Threats and What CISOs Can do to Mitigate Risks in 2018

According to the World Economic Forum‘s 2018 Global Risks Perception Survey, cyberattacks and data theft are 3 and 4 respectively of the top 5 likely risks organizations will face this year.

The Roles CFOs And CMOs Need To Play In Cybersecurity Protection

Forbes contributor Daniel Newman discusses the responsibilities of CFOs and CMOs in cybersecurity, with a highlight on “security IQ.”

Did any of these reports surprise you? Let me know your thoughts below, or follow me on Twitter: @JonLClay.

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