INTERPOL, FBI Disrupt Moldova-Based Cyber Ring
In a joint operation, INTERPOL and the FBI arrested four individuals in Moldova for attempting to sabotage the Red Notice system, which flags wanted criminals for law enforcement worldwide. The investigation uncovered an international criminal organization with ties to Russia, Ukraine, and Belarus. The individuals also paid intermediaries to inform criminals about their Red Notice status. The ongoing investigation aims to prevent further misuse of the Red Notice system.
Russian Hackers Claim Cyberattack on Spanish Defense Company
Santa Barbara Systems, a General Dynamics subsidiary in Spain refurbishing tanks for Ukraine, experienced a cyberattack. General Dynamics confirmed the attempted attack, stating that no systems were compromised. They temporarily disconnected their website for investigation. The NoName hacking group claimed responsibility for the attack. NATO accused Russia of orchestrating hybrid attacks on companies in member states, which Russia denied. Santa Barbara Systems assembles tanks for the Spanish army and is involved in refurbishing tanks for Ukraine. Spain pledged 1 billion euros in military support for Ukraine, including 19 tanks.
CISA’s Cybersecurity Advisory Committee Votes on Recommendations for Optimizing Cyber Defense Collaboration
The Cybersecurity Advisory Committee (CSAC) of the Cybersecurity and Infrastructure Security Agency (CISA) held its second quarterly meeting in 2024 to discuss recommendations for enhancing the Joint Cyber Defense Collaborative. Jen Easterly, the director of CISA, joined the discussions and expressed excitement about the thoughtful and innovative ideas presented. The committee also heard updates on efforts to promote cybersecurity and resilience programs across the critical infrastructure sector. Established in 2021, CSAC comprises industry and government leaders who advise the agency on cybersecurity policies and programs.
Prime Minister Kishida instructed to summarize related bills on cyber attacks. The consistency with "secrets of communication" is an issue.
Prime Minister Kishida instructed a quick summary of bills at a meeting on "active cyber defense" to prevent the damage of cyber attacks.
Prime Minister Kishida said, "Improving our country's cyber response capabilities is an increasingly urgent issue (given the current security environment). Please compile the relevant bills as soon as possible," he said. On the 7th, at the first expert meeting to introduce "active cyber defense" held at the official residence, Prime Minister Kishida instructed Digital Minister Kono to compile the relevant bill as soon as possible. "Active cyber defense" monitors attackers in cyberspace and prevents attacks, and consistency with "communication secrets" guaranteed by the Constitution is challenging.
More volume and less taxes, best way to counter counterfeiting: Joint Commissioner, Delhi Police (Tech, Cyber & Licensing)
B Shanker Jaiswal, Joint Commissioner of Police (Tech, Cyber & Licensing), Delhi Police today said that counterfeiting must not be permitted to become an activity of low risk and high gain for counterfeiters. The most effective strategy to combat this menace is to invert this dynamic, making counterfeiting a high-risk, low-reward venture. “Achieving this entails increasing the volume of heavily counterfeited goods in the market and imposing reduced taxes on such products. By doing this we can deter counterfeiters and safeguard both consumers and legitimate businesses and the overall economy,” he added.
RBI to set up Digital Payments Intelligence platform to prevent cyber frauds
The Reserve Bank of India has emphasized the importance of a comprehensive approach to prevent and address digital payment fraud. To achieve this, the central bank has proposed the establishment of a Digital Payments Intelligence platform. This platform will facilitate network-level intelligence and real-time data sharing across the digital payments ecosystem. A committee has been formed by the central bank to assess the various aspects related to setting up this platform. A recent report by the central bank revealed that digital payment fraud in the country skyrocketed by over five times to Rs 1,457 crore in the fiscal year ending March 2024, compared to the previous year. Governor Shaktikanta Das mentioned that the RBI has implemented numerous measures over the years to promote digital payments, while also ensuring their safety and security.
Paris Olympics 2024: Cyber threats major concern for organisers
Google warns that cyber espionage groups are likely to target the upcoming Olympics due to the large number of government officials attending. Threat actors may engage in disruptive and destructive operations, spread false information, and target personal information. Russian threat groups pose the biggest risk, while China, Iran, and North Korea pose a lower to moderate risk. To mitigate these attacks, companies should update their threat profiles and raise awareness among employees.
C3iHub, IIT Kanpur launches Cyber Security vocational course with Chhatrapati Shahu Ji Maharaj University
C3iHub at IIT Kanpur has launched a six-month Cyber Security vocational program in collaboration with CSJMU and CSJMIF. The online course covers system security, malware analysis, network security, cryptography, and IoT security, and includes customized labs for hands-on experience. C3iHub will provide a Virtual Lab, technical help desk support, and certification, while CSJMU and CSJMIF will facilitate program execution. The initiative aims to enroll up to 50,000 students.
RBI to set up digital payments intel platform after cyber frauds spike over 700%
The RBI Governor announced the launch of a digital payments intelligence platform to address the recent surge in bank and digital frauds. A committee has been formed to set up the platform, with representatives from major banks and payment companies. The central bank's annual report for FY24 showed a significant increase in fraud cases reported across banks, with private sector banks reporting the highest number of cases and public sector banks accounting for the majority of the fraud amounts. The report highlighted a drop in the total value of frauds reported during FY24 compared to the previous year. Digital payment frauds were common in terms of the number of cases, while the majority of frauds in terms of value were linked to loan portfolios.
Behind The Scenes At Cyber Group Studios
Cyber Group Studios' leaders discussed their approach to animation innovation and navigating a challenging market during a TV Kids Summer Festival session. They emphasized the importance of expanding and identifying top talents in key animation markets such as the U.K., France, Germany, Italy, and Asia. The company values collaborations across different countries to enrich their content and enhance creativity. They also highlighted the importance of being open to budget flexibility and having a diverse library of content to cater to the needs of various buyers. Furthermore, they emphasized their investment in new technologies like real-time production, AI, and machine learning to enhance artistic creativity rather than replace it.
Cyber Command wants to unify Army and Air Force software factories under JCWA, plans for new PEO
US Cyber Command has announced its plans to consolidate some of the Army and Air Force's software factories within the Joint Cyber Warfighting Architecture (JCWA) and create an interservice program executive office overseeing them. This move aims to reduce duplication of effort and cybersecurity vulnerabilities, cut down costs, and strengthen security. The goal is to develop a common platform using a singular technology stack for all program offices, providing a customizable solution for different missions.
Russia’s white hat hacker bill exposes cyber struggles and strengths
U.S. officials have warned about pro-Russian hackers targeting water systems, while Russia is finalizing a bill to legalize white hat hacking, involving security experts finding network vulnerabilities to improve protection. Despite ongoing cyberattacks and sanctions, Russia’s move to regulate white hat hacking highlights challenges in its tech industry and cybersecurity ambitions. Since the 2022 Russian invasion of Ukraine, there has been a significant shift in the relationship between Russian and Western technology firms. Russia is struggling to replace Western software and hardware, retain cyber talent, and cope with sanctions. In response, Russia has introduced a new law to encourage ethical hacking, aiming to bolster cybersecurity and engage a wider spectrum of cyber talent, including companies, universities, developers, cybercriminals, and patriotic hackers.
DOD Cyber Leader David McKeown Previews CMMC 2.0, Applauds ‘Tremendous Perseverance’ of Its Architects
During the 2024 Cyber Summit, David McKeown from the Department of Defense discussed the progress of the department's cybersecurity strategies. He mentioned that while there has been little opposition to funding and implementing the zero trust cybersecurity strategy, the Cybersecurity Maturity Model Certification (CMMC) has encountered challenges. The CMMC version 2.0 is in progress, and there have been changes to reduce the burden on Defense Industrial Base (DIB) partners. Approximately 600 companies will need to undergo the most stringent accreditation process. The DOD is working towards rolling out CMMC 2.0 and integrating it into contract paperwork in the first quarter of 2025.
Addressing US cyber workforce gap requires over 200K more hires
According to CyberSeek, the U.S. needs around 225,200 more cybersecurity workers to fill the cyber talent gap. Currently, only 85% of the available jobs in the country's more than 1.2 million cyber workforce are being filled. SecurityWeek reports that nearly 470,000 cybersecurity jobs were available from May 2023 to April 2024, with a 29% decrease in postings during that period. This decline was less than that seen in the overall tech sector, as per CyberSeek. The most in-demand cybersecurity jobs during that year were network and system engineers, system administrators, cybersecurity engineers, cybersecurity analysts, and information systems security officers. ISC2 previously noted that the cyber workforce gap in the U.S. is more than 500,000. These persistent disparities in U.S. cyber talent have led to the introduction of legislation aimed at advancing cybersecurity education and jobs for minorities, as well as increased funding from the National Institute of Standards and Technology.
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