NRC must beef up information systems security practices, processes, IG says

From: FierceGovernmentIT

By

The Nuclear Regulatory Commission needs to perform continuous monitoring of its information systems and update its system security plans, according to a recently released internal audit.

The NRC inspector general’s audit (pdf) also said that configuration management procedures aren’t being consistently implemented and the commission’s action plan to fix deficiencies needs improvement – two findings that were identified from previous evaluations mandated by the Federal Information Security Management Act.

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Massad’s Message To The CME: Be Prepared For More Regulation

From: Seeking Alpha

Summary
  • On November 18, Tim Massad addressed the CME Global Financial Leadership Conference to discuss the sweeping changes in the OTC swap market.
  • Massad provides the audience with a glimpse of what he’ll be focused on in 2015 — the central theme being one of harmonization across borders.
  • The key issues of 2015, for the Chairman of the Commodity Futures Trading Commission, are oversight, market data, enforcement, and cyber-security.

US Cybersecurity Practices Fail to Keep Pace with Cyber Adversaries

From: HS Today

By: Amanda Vicinanzo, Senior Editor

As cyber criminals and nation-state actors continue to adjust their tactics to maintain advantages, businesses and government agencies are struggling to counter the increasing sophistication of cyberattacks with the ability to seriously impact growth.

Testifying before a House Permanent Select Committee on Intelligence hearing last week,  National Security Agency Director Admiral Michael Rogers warned that a major cyberattack is, “Only a matter of the ‘when,’ not the ‘if,’” and that “We are going to see something dramatic” when it happens.

NSA Director Warns of ‘Dramatic’ Cyberattack in Next Decade

From: The Wall Street Journal

U.S. Needs Better Preparations for Cyber Threats, Surveillance Chief Says

By Siobhan Gorman

The director of the National Security Agency issued a warning Thursday about cyberthreats emerging from other countries against networks running critical U.S. infrastructure systems.

Adm. Michael Rogers said he expects a major cyberattack against the U.S. in the next decade. “It’s only a matter of the ‘when,’ not the ‘if,’ that we are going to see something dramatic,” he said.

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USPTO, NIST on Front Lines of Cybersecurity Partnership

From: IPWatchDog.com

Throughout 2014, stories of major data breaches and hacking incidents have dominated the mainstream media. Customers of major corporations like Target, Home Depot, JPMorgan Chase, Bank of America and Neiman Marcus have been the targets of malware, phishing schemes and other malicious acts of cyber crime within the past year. As a result, hackers have gained access to private information pertaining to tens of millions of financial accounts. Here at IPWatchdog, we’ve provided some coverage of this growing threat to the technological infrastructures of companies and organizations all over the world.

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