The long, bumpy road to cyber incident reporting legislation — and the one still ahead

The legislation eventually garnered widespread support on its way to becoming law, but much remains unresolved.

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FBI: Cybercrime reports saw ‘unprecedented’ rise last year, costing nearly $7B

Business email compromise again proved costliest, at $2.4 billion, according to the bureau’s Internet Crime Complaint Center

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CISA, FBI tell satellite communications network owners to watch out for hacks after Ukraine attack

A Ukrainian official said an attack on Viasat Inc.’s KA-SAT satellite led to diminished communications leading up to the Russian invasion.

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Major cyber incident reporting requirement, CISA budget hike on precipice of becoming law

The incident reporting legislation, long in the works, also comes with nearly $2.6 billion for the agency for fiscal 2022.

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The Cyberspace Solarium Commission pushed some major policies into law. So what now?

A little more than a year removed from its role in advancing some of the most significant cybersecurity legislation ever enacted, the Cyberspace Solarium Commission is transforming into version 2.0 of itself. With some of its key recommendations now law — such as the creation of the Office of the National Cyber Director in the White House — the remnant of the congressionally created panel is turning its attention to tracking how those ideas are implemented, while studying some of the issues it didn’t get to fully examine before releasing its final report. Those areas of study include protecting the water, maritime transport and health care sectors, as well as strengthening the federal and private sector workforce and ensuring plans to avert disruptions to the economy caused by cyberattacks. Now housed within the Foundation for Defense of Democracies (FDD) think tank, the commission’s 2.0 work should take another two years, […]

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Biden administration seeks money to bolster Ukraine war-related cybersecurity at home, abroad

The Biden administration is requesting additional funds from Congress to help Ukraine with its digital defenses, strengthen cybersecurity in Europe and enhance U.S. capabilities to respond to the fallout from the Russian invasion. The overall fiscal 2022 supplemental request, sent to Capitol Hill this week, seeks $10 billion in Ukraine-related needs and $22.5 billion in funding related to COVID-19. Among the bigger pots of cybersecurity-focused funding the administration is requesting is $1.25 billion for the Defense Department to assist Ukraine with support on “operational surges across multiple national defense components, including accelerated cyber capabilities, weapons systems upgrades, increased intelligence support, and classified programs.” A $1.75 billion request for the State Department to provide economic aid to Ukraine includes support for “continuity of government” and resilience work, including cybersecurity and efforts to counter disinformation. Other funds sought for Ukraine assistance include Department of Energy money to evaluate cybersecurity needs for connecting Ukraine’s […]

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Proposal for industries to report big cyberattacks, ransomware payments wins Senate approval

The Senate passed legislation Tuesday evening requiring critical infrastructure owners to report to the feds when they suffer a major cyberattack or make a ransomware payment — shaking loose a bill that got stuck in the chamber last year. Under the measure, which now moves to the House for potential consideration, those critical infrastructure owners and operators as well as federal agencies would have to disclose a significant incident to the Department of Homeland Security’s Cybersecurity and Infrastructure Agency within 72 hours. The same owners and operators would have to report any ransomware payments to CISA, too, only within 24 hours. Its intent is to give CISA the information it needs to more widely share threat data to help curtail major cyberattacks rippling through key targets, such as what happened in late 2020 when federal contractor SolarWinds suffered a compromise that ended up spreading to federal agencies and major tech […]

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US chip maker Nvidia says hackers breached company, stole data

Hackers stole employee user logins and proprietary company data from Nvidia last week, the U.S. chip maker said Tuesday, but added that it has not seen evidence of a ransomware attack. A ransomware group known as Lapsus$ claims to be leaking Nvidia data. “We have no evidence of ransomware being deployed on the NVIDIA environment or that this is related to the Russia-Ukraine conflict,” a company spokesperson said. “We are aware that the threat actor took employee credentials and some NVIDIA proprietary information from our systems and has begun leaking it online.” The spokesperson did not answer questions about a Telegraph report that the incident partially shut down operations for two days. Nvidia says it has notified law enforcement about the Feb. 23 breach, contacted cyber incident response experts and bolstered its defenses. It was a tumultuous February for the company. On Feb. 7, with regulatory hurdles mounting, the company […]

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Facebook, Twitter, Google intercept Russian propaganda, disinformation about Ukraine

In recent days, social media companies have gotten more active in stemming the flow of official Russian propaganda, as well tackling sneakier efforts to spread disinformation about Ukraine. The steps follow pressure from policymakers in the U.S. and elsewhere for social media companies to counter narratives from Russia as it conducts its military offense. Meta, the parent company of Facebook and Instagram, said Monday that it had removed about 40 accounts based out of Russia and Ukraine posing as legitimate news sources, which were pushing the narrative that the West had betrayed Ukraine and that Ukraine was a failed state. It also said it had taken steps to counter hacking threats to Facebook members from Ghostwriter, a suspected Russia- and Belarus-linked disinformation and hacking operation. Also Monday, Twitter said it would add labels to accounts sharing links to Russian state-affiliated media outlets, and was “taking steps to significantly reduce the […]

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Facebook, Twitter, Google intercept Russian propaganda, disinformation about Ukraine

In recent days, social media companies have gotten more active in stemming the flow of official Russian propaganda, as well tackling sneakier efforts to spread disinformation about Ukraine. The steps follow pressure from policymakers in the U.S. and elsewhere for social media companies to counter narratives from Russia as it conducts its military offense. Meta, the parent company of Facebook and Instagram, said Monday that it had removed about 40 accounts based out of Russia and Ukraine posing as legitimate news sources, which were pushing the narrative that the West had betrayed Ukraine and that Ukraine was a failed state. It also said it had taken steps to counter hacking threats to Facebook members from Ghostwriter, a suspected Russia- and Belarus-linked disinformation and hacking operation. Also Monday, Twitter said it would add labels to accounts sharing links to Russian state-affiliated media outlets, and was “taking steps to significantly reduce the […]

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