Policy
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OCC Reports Major Data Breach Affecting National Bank Regulators
The OCC has confirmed a significant data breach involving over 150,000 emails, reported as a ‘major information security incident’. The breach, affecting national bank regulators, raises concerns about cybersecurity and data protection in government agencies.
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Pro-Russian Propaganda Floods Romanian Internet Amid Political Tensions
A recent investigation reveals a surge in pro-Russian propaganda affecting Romania’s social media landscape, promoting anti-EU sentiment and support for Vladimir Putin. The campaign has roots in the support of far-right politician Călin Georgescu and has exploited platforms like TikTok to spread its messages.
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EU Plans to Simplify GDPR Amid Business Concerns
The European Union is set to review the GDPR, aiming to reduce regulatory burdens on SMEs while enhancing data privacy protections. President Ursula von der Leyen leads the initiative, with an expected proposal by May 21 to simplify compliance processes.
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NSA Issues Warning on Fast Flux Technique Threatening National Security
The NSA has issued a grave warning about the fast flux technique being exploited by cybercriminals and nation-states, which obscures malicious activities and threatens national security.
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Australian Retirement Funds Targeted in Cyberattack, Thousands Affected
The Australian retirement fund sector is in turmoil following a series of cyberattacks that have led to unauthorized access of customer accounts. Approximately 8,000 members of Rest super fund have been identified as potentially affected, with broader implications for other funds as investigations continue into the security breaches.
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EU Plans to Simplify GDPR in Move to Support Businesses
The European Union is set to revise its General Data Protection Regulation (GDPR) to ease compliance burdens for businesses, as part of efforts under Commission President Ursula von der Leyen. This move aims to enhance the competitive landscape for European enterprises amid growing criticisms regarding the complexity of the current legislation.
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European Insurance Authority Proposes Strict Capital Requirements for Crypto Holdings
The European Union’s insurance authority has proposed a requirement for firms to maintain capital equal to their full crypto holdings to mitigate risks for policyholders, setting a new standard for the insurance industry.
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Cloudflare Open-Sources OPKSSH to Enhance SSH Management with Single Sign-On Integration
Cloudflare has announced the open-sourcing of OPKSSH, a tool that integrates single sign-on technologies into SSH management, enhancing security and user convenience by replacing long-lived SSH keys with ephemeral keys generated on demand.
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RansomHub Affiliates Exploit EDR Tools in Ransomware Attacks
ESET’s recent analysis highlights the alarming tactics employed by RansomHub affiliates, who utilize a custom tool to disable security measures in a coordinated effort with other ransomware groups.