Hacking of central banks raises concerns | Commentary: AI, new approaches needed to close security gap | Analysis: Securing the industrial IoT
March 23, 2017
Data Security & Privacy SmartBrief
Top Story
Hacking of central banks raises concerns
Hacking group Anonymous' focus on central banks and other cyberattacks have heightened concerns about the security of financial systems worldwide. "For a central bank, the question is not if, but when, they will be victim of a cyberattack," said cybersecurity lawyer Giulio Coraggio.
Bloomberg (3/17) 
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Data Security & Privacy
Commentary: AI, new approaches needed to close security gap
The use of artificial intelligence to deal with growing cybersecurity challenges will actually create jobs, not kill them, but companies must first adopt a "new collar" approach to filling IT positions, writes Caleb Barlow. "While cybercriminals get better at their craft, the businesses defending against them literally have empty seats on the other end of the wire," Barlow writes.
The Hill (3/22) 
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Analysis: Securing the industrial IoT
With more factory equipment being connected to the internet, cybersecurity is becoming a great concern to manufacturers who want to wall off their confidential data, Ed Sperling writes. The Ponemon Institute estimates the average cost of a data breach is $4 million, a gain of 29% from 2013.
Semiconductor Engineering (3/22) 
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Cyber Risk
Analysis: Companies must actively control risk
Companies must do more to adopt aggressive corporate cybersecurity standards to protect customer privacy and maintain their reputations, writes Scott Shackelford. "With ongoing, systemic cybersecurity risk management, companies can stay ahead of the curve, protecting their customers and society in the process," Shackelford writes.
The Conversation (U.S.) (3/20) 
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By the Numbers
40% of N.Y. breaches were hacks in 2016
Data breaches increased 60% last year in New York, Attorney General Eric Schneiderman says. His summary shows over 1,200 incidents were reported, with hacking making up 40% of incidents, followed by employee negligence at 37%.
TechCrunch (3/21) 
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Insiders account for 58% of health care data breaches in Feb., report finds
A Protenus Breach Barometer report said 58% of the total hacking incidents within the health care industry in February were caused by insiders, affecting 146,162 patient records. Nine of the 18 insider incidents, which compromised 133,418 patient records, resulted from insider error, while eight were from insider wrongdoing that affected 12,020 patient records, according to the report.
Healthcare Informatics online (3/20) 
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Practice & Policy
Report highlights AI in improving cybersecurity
An Institute for Critical Infrastructure Technology report revealed that although just 7% of security professionals use artificial intelligence to boost cybersecurity, the rate is expected to increase over the next few years. The report also offers several recommendations on how health care organizations can use AI for cybersecurity.
BeckersHospitalReview.com (3/21) 
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AllClear ID News
The most overlooked component of breach readiness
Today, most businesses have a breach response plan in place. What they don't realize, however, is that they have overlooked the most critical component of breach readiness: reserving the manpower required to execute their plan successfully. Learn how your business can become truly response ready.
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Charles de Gaulle,
military leader and statesman
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