Ep273: Top 6 Executive Cyber Governance Stories of the Week – Impact and Actions for Your Board and C-Suite (2024.07.14)
Description
In our cyber governance news roundup from the week on CyberBoardCast™ with Andrzej Cetnarski Episode 273 we dive into the top cyber governance stories of the week, their impact on your organization, and the strategic actions your Board and C-Suite should take. Join us!
🔑 Key Highlights:
1. U.S., Allies Issue Rare Warning on Chinese Hacking Group – WSJ: Severe threats to critical infrastructure demand Boards to establish international communication channels and develop state-sponsored attack contingency plans.
2. Snowflake Shares Slip After AT&T Says Hackers Accessed Data – CNBC: Exposes vulnerabilities in third-party cloud providers; Audit Committee must review contracts and enhance compliance checks.
3. HC3 Warns Sector of Critical MOVEit Cybersecurity Vulnerabilities – HealthITSecurity: Immediate patching and regular updates of critical vulnerabilities are crucial for safeguarding patient data.
4. Companies Sharply Criticize Draft U.S. Cyber Reporting Rules – WSJ: Engage with regulatory bodies to streamline compliance burdens and focus on cybersecurity improvements.
5. Directors Briefing: Cyber Expertise Needs a Home on Bank Boards – ABA Banking Journal: Recruit directors with cybersecurity expertise and establish a dedicated cybersecurity committee.
6. Rite Aid Confirms Data Breach After June Ransomware Attack – BleepingComputer: Highlights urgent need for ransomware resilience and comprehensive defenses.
📅 Tomorrow, we will return to our regular programming and the mini-series on Crisis Management and Breach Response for Boards and C-Suites. Stay tuned!
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