Cyber Security News & Trends – 01-24-20

This week, SonicWall talks protecting non-profits, new cybercrime laws are proposed, and old cybercrime laws are criticized.

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SonicWall Spotlight

Don’t Let Cyber Hygiene Become an Afterthought – Nonprofit Technology News

• With most of the big headlines concentrating on breaches and cyberattacks on large companies, SonicWall CEO Bill Conner, writing in Nonprofit Technology News, reminds us that cybercriminals know that SMBs and smaller non-profits often do not budget adequately for cybersecurity and can leave themselves open.

The Big Picture: SonicWall Sets Sights on the Enterprise Market – Tahawultech

• SonicWall’s Terry Greer-King sits down with Security Advisor ME to discuss the history of SonicWall, personal highlights in the company so far, and what the future holds.

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Cybersecurity News

Cyberattack on a Major Bank Would Have Ripple Effect: Study – BankInfoSecurity

• A new study, Cyber Risk and the U.S. Financial System: A Pre-Mortem Analysis, has found that if a cyberattack disrupting money transfers was successfully carried out on any of the five most active U.S. banks, there would be huge, rippling damage to the financial network in general.

Analysis Ties Hacking of Bezos’ Phone to Saudi Leader’s Account – New York Times

• A forensic analysis of Jeff Bezos’ cellphone has found with “medium to high confidence” that the Amazon chief’s device was hacked after he received a video from a WhatsApp account reportedly belonging to Crown Prince Mohammed bin Salman of Saudi Arabia.

Secret Service to Launch Private-Sector Cybercrime Council – Cyberscoop

• The United States Secret Service has recently hand-picked a small group of private-sector cybersecurity experts to advise the agency’s investigations team on how it can better take down cybercriminals. Members were selected to represent a wide array of experiences including law enforcement, computer scientists, network security, malware, ransomware, identity theft and more.

Cybercrime Laws Need Urgent Reform to Protect UK, Says Report – The Guardian

• A new report in the UK has found that the current cybercrime laws, dating back to 1990, are not fit for purpose and “crying out for reform.” As it stands, the act exposes cybersecurity professionals to prosecution for carrying out intelligence research against cybercriminals and foreign state actors.

US Could Appoint a Cybersecurity Leader for Each State – InfoSecurity Magazine

• US Legislators are proposing the Cybersecurity State Coordinator Act of 2020, which would improve intelligence sharing between state and federal governments and appoint an employee in each state to serve as cybersecurity state coordinator.

GDPR: 160,000 Data Breaches Reported Already, so Expect the Big Fines to Follow – ZDNet

• It has been 18 months since GDPR regulation came into force but there's no sign of breach notifications slowing, in fact they are currently rising with an average of 278 per day.

And Finally

Euro Cup and Olympics Ticket Reseller Hit by MageCart – Bleeping Computer

• Magecart continues its reign of terror as an Olympics and Euro Cup ticketing reseller site is the latest to be infected by the card skimmer.

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In Case You Missed It

• The Worst Cyberattacks and Data Breaches of 2019 – John Lynch
• Bett 2020: SonicWall Showcases Cybersecurity Solutions for Educational Institutions – David Peace
• Spear-Phishing Attacks Targeting Office 365 Users, SaaS Applications – Matt Brennan
• A Hard Study in Ransomware: Education Being Held Hostage – Brook Chelmo
• Smarter Cybersecurity: How SecOps Can Simplify Security Management, Oversight & Real-Time Decision-Making – Ken Dang
• 10 Reasons to Upgrade to the Latest SonicWall NSa Firewall – Brook Chelmo