Live radio interview on the John Hines Show on WCCO-AM
Tune in live to WCCO-AM (Minneapolis, MN) at 10:10 AM Eastern. I’ll be discussing artificial intelligence and cyber security with the host, John Hines.
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Best practices for cryptocurrency firms and digital currency firms managing money
ByKayne
Based on the Consent Order, firms in this space should be prepared to demonstrate to NYDFS how their compliance programs meet the standards outlined in DFS regulations, particularly the Virtual Currency Regulation, the Money Transmitter Regulation, the Cybersecurity Regulation, and the Transactions Monitoring Regulation. Firms should also ensure that they have documented policies and procedures required by the Cybersecurity Regulation.
Beat common types of cyberfraud with security awareness
ByKayne
Fraud isn’t new, but the internet has provided hackers with the capabilities to easily use the threat vector to trick employees into providing access to their enterprises. Cyberfraud attacks, often distributed via phishing or spear-phishing campaigns, consistently plague and sometimes even completely disable enterprises. Despite the growing number of technologies available to detect and prevent such social engineering attacks from being successful, the weakest link remains human error — be it negligence, maliciousness or apathy. Here, Institute of Electrical and Electronics Engineers member Kayne McGladrey describes the types of cyberfraud attacks enterprises will inevitably face, from credential harvesting to typosquatting attacks. He also offers best practices for creating and instituting a cybersecurity awareness program to prevent employees from falling victim to such threats.
FBI warns of ‘devastating’ cyber attacks on IoT networks
ByKayne
As Kayne McGladrey, the Director of Information Security Services at Integral Partners, the cyber security, access and identity management specialist company headquartered in Boulder, Colorado, says, “IoT security remains one of the most challenging security vulnerabilities to businesses and consumers. The Mirai and Reaper botnets are results of threat actors leveraging poor security controls on IoT devices, building attack infrastructure out of those devices, and using that stolen infrastructure to attack organinations. Companies and organisations purchasing IoT/IIoT devices should treat them the same as any other endpoint device connecting to the corporate network.”
‘A staggering problem’: Working from home could lead to massive data leaks
ByKayne
“I think we’re going to have an unprecedented number of breaches being announced following the pandemic,” said Kayne McGladrey, member of the Institute of Electrical and Electronics Engineers.
Mind the gap: three actions to take today based on AT&T’s latest Cybersecurity Insights report
ByKayne
Taking these three actions immediately — investing in both cyber liability insurance and cybersecurity, investing in a trusted consulting firm, and getting people emotionally invested in cybersecurity training — will not prevent the next breach. However, these actions make it exponentially more expensive for criminals to breach your organization and are the socially responsible course of action to protect both your organization’s reputation and the public.
IEEE Cybersecurity Expert Discusses New Scams and Ways to Thwart Them
ByKayne
Another way to thwart cyberattacks is to increase the number of cybersecurity experts, McGladrey says. According to the 2017 cybercrime report from the Herjavec Group, cybersecurity firms estimate such crimes are going to cost about $6 trillion annually by 2021. Companies are experiencing shortages in qualified applicants for cybersecurity jobs. The U.S. Department of Commerce estimates there are now about 350,000 unfilled positions, and that number is only going to increase. McGladrey says.