10 charged in multimillion-dollar 2016 cyberthefts | Analysis: Cyberinsurance not meant to be preventive tool | La. Gov. Edwards opens cybersecurity education center
May 17, 2019
SmartBrief on Cybersecurity
Security and risk management news that matters to the C-Suite
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10 charged in multimillion-dollar 2016 cyberthefts
Ten members of a cybercrime network are charged with stealing millions in the 2016 release of malware that allegedly helped them transfer money out of victims' accounts. The US and five other nations worked together on the investigation -- a level of international cooperation that's vital to combating fraud of this scope, said Craig Newman, a partner at law firm Patterson Belknap Webb & Tyler.
The Wall Street Journal (tiered subscription model) (5/16),  The Hill (5/16) 
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Why Bosses Cut Some Employees Slack for Bad Behavior
The same transgression can lead to different consequences for different employees. Learn more about why this happens and the ethical implications for both managers and employees from this research by the Kellogg School of Management at Northwestern University.
Security Tips and Tools
Analysis: Cyberinsurance not meant to be preventive tool
Analysis: Cyberinsurance not meant to be preventive tool
Businesses looking to protect themselves from online threats have to consider more than just cyberinsurance, writes Barbara Kay. Kay adds that insurance does not replace the need for detection and prevention tools -- known as due care -- which can help reduce insurance fees.
Forbes (5/16) 
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Spotlight on Education
La. Gov. Edwards opens cybersecurity education center
Louisiana Gov. John Bel Edwards is getting serious about state cybersecurity. At a ceremony this week opening the Cyber Innovation Center in Bossier City, Edwards announced plans for the new Cyber Center Hub of North Louisiana, a collaboration among the state, Cybint Solutions and several higher education institutions.
Bossier Press-Tribune (Bossier City, La.) (5/15) 
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Revamped International Spy Museum in Washington, D.C., updates its story
The International Spy Museum in Washington, D.C., has opened in its new location and with several new attractions that offer guests a peek into espionage in the modern age. It now features interactive games with high-tech gadgets and stories set in the present time, such as cyberattacks and enhanced interrogation.
The Washington Post (tiered subscription model) (5/9) 
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Managing Data
Cybersecurity runs risk of becoming tedious, humdrum
Though company safety depends on them, educational sessions and other ways to address cybersecurity among employees can become so common that employees fail to appreciate the seriousness of protecting company -- and customer -- data. Nudging workers' behavior, such as by using sensors and lights, can remind them to exercise good cybersecurity judgment, experts say.
The Conversation (UK) (5/16) 
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Government Security
In the wake of devasting cyberattack, Baltimore forms panel
A ransomware attack shut down much of Baltimore's government, so officials have formed the Committee on Cybersecurity and Emergency Preparedness to devise ways to prevent future attacks. The city has been working with the FBI and other experts, but Baltimore City Council President Brandon Scott said there is still no evidence regarding who is behind the attack, the city's second in under a year.
The Hill (5/16),  The Baltimore Sun (5/16) 
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Trump-loving Washington County, Fla., one victim of Russia hack
Washington County, Fla., which had residents come out in droves in support of President Donald Trump, is one of two Florida counties that Russia hacked in 2016. The FBI has not released the name of the second county, but the recent Mueller report, which revealed that voter information records were infiltrated, states that two Florida counties were hacked.
Politico (5/16) 
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Give credit where credit is due: simply said, if you want loyalty and best effort, you must be thoughtful.
Estee Lauder,

May is Jewish American Heritage Month

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