The Digital Operational Resilience Act aims to reshape the financial services industry by introducing strict cybersecurity standards. Financial institutions must comply with the new rules by Jan. 17, 2025, or face severe penalties, said Richard Breavington, head of cyber and tech insurance at RPC.
In the latest weekly update, Information Security Media Group editors discussed how CrowdStrike's competitors are responding to its outage, why security vendors want to serve the unique needs of SMB organizations and the status of U.N. efforts to develop a treaty designed to combat cybercrime.
The CrowdStrike outage exposed recovery challenges, highlighting cloud systems' resilience over physical infrastructure. Jonathan Hatzor, co-founder and CEO of Parametrix, advises CIOs and CISOs on strategies that can effectively manage, mitigate and transfer risks.
McLaren Health Care expects IT disruptions caused by a ransomware attack earlier this month to last through the end of August. While most of McLaren's facilities are open, IT systems across its hospitals, cancer centers and clinics are still affected, including electronic medical record access.
The recent CrowdStrike outage has forced CISOs to rethink their approach to software updates and security practices. David Brumley, CEO of Mayhem Security, discusses why thorough code analysis, staged rollouts and stress testing are crucial for ensuring software reliability.
Cyberattacks have become increasingly disruptive and often involve encryption or deletion of data that makes systems inaccessible. This creates substantial downtime and complicates the recovery process for organizations, said Jason Cook, AVP of worldwide partner sales engineering at Rubrik.
Theresa Lanowitz, chief evangelist of LevelBlue, says healthcare governance teams struggle to differentiate between cyber resilience and cybersecurity, leading to misalignment between cybersecurity and business goals. This gap exposes data and organizational operations to cyberthreats.
The American Hospital Association and Health Information Sharing and Analysis Center are urging the healthcare sector to step up its supply chain security and resilience as disruptive cyberattacks target critical suppliers, including last week's attack on a Florida-based blood donation center.
Snyk CEO Peter McKay discusses lessons from the recent CrowdStrike outage, emphasizing the importance of robust development practices, effective communication and the integration of quality and security in modern software development. He also highlights Snyk's role in advancing developer security.
Shane Buckley, CEO of Gigamon, discusses the recent CrowdStrike outage, plus insights on how Gigamon managed to restore critical systems rapidly. He highlights the importance of observability and defense-in-depth strategies in mitigating security threats and offers advice for other organizations.
In the latest weekly update, ISMG editors discussed the massive CrowdStrike IT outage that crashed 8.5 million Windows systems and severely affected the healthcare, finance and transportation sectors. Here's what you need to know one week later about the recovery, impact and lessons learned.
Cybersecurity incidents are not just technical problems. They are also major public relations challenges. Effective IT and cybersecurity leadership during a crisis can significantly affect your company's reputation, stakeholder trust and overall recovery - and have a big impact on your career.
The recent CrowdStrike outage highlights the need to shift from reactive risk management to proactive measures in cyber-physical security. Claroty CEO Yaniv Vardi emphasizes the importance of compensating controls, network segmentation and secure remote access in preventing similar incidents.
CrowdStrike must enhance testing and validation procedures and address deficiencies in its current quality assurance processes to minimize attrition. CrowdStrike should conduct a technical retrospective to understand the root cause of the faulty software content update and make necessary changes.
Global CIOs said the fallout from the CrowdStrike outage could have been mitigated by investing in comprehensive data resilience that can help restore corrupted data through orchestrated recovery. It can help recover from disasters such as ransomware, data corruption and catastrophic events.
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