Infosec K2K Cyber News Of The Week

Welcome to this week's Infosec K2K Weekly News Update! As technology continues to advance, so do the risks associated with it. Every week, we gather the latest news and insights on cyber threats, data breaches, and other essential topics in the world of cyber security.

In The News This Week

The UK government's Science and Technology Committee has started an inquiry into the #CyberResilience of the country's #CriticalNationalInfrastructure (CNI). The inquiry will assess progress toward achieving resilience targets by 2025, and government standards and regulations for cyber resilience. The increasing number of #CyberThreats to the UK's #CNI have made this an area of particular concern.?

Find out more on @Innovation News Network: https://www.innovationnewsnetwork.com/inquiry-launched-into-cyber-security-uks-critical-national-infrastructure/39101/?

@The British Library is grappling with the after-effects of a cyber incident, which began on the 28th October. A technology outage has affected its website, online services, phone lines, and on-site services including public Wi-Fi. While the cause of the incident remains uncertain, ransomware is suspected - and at the time of writing, the library’s website is still down.

Find out more on @ComputerWeekly.com: https://www.computerweekly.com/news/366557735/British-Library-falls-victim-to-cyber-attack?

The Associated Press (AP) may have fallen victim to the hacking gang Anonymous Sudan, a group that’s claimed responsibility for high-profile distributed denial of service (DDoS) attacks. Some #CyberSecurity experts believe #AnonymousSudan may be a group of Russian hackers posing as hacktivists, and they’ve recently. They have carried out #DDoSAttacks against @Microsoft, @X, @Paypal, and even government portals.?

Find out more on @Tech Monitor: https://techmonitor.ai/technology/cybersecurity/ap-cyberattack-associated-press-anonymous-sudan-ddos?

Germany emerged as the winner of the 2023 European Cybersecurity Challenge (ECSC) last week, with Switzerland in second place and Denmark in third. The competition, which was hosted by the Norwegian University of Science and Technology (NTNU), featured 34 teams from EU member states, EFTA countries, and guest teams from various nations - and aims to encourage young individuals to pursue careers in cyber security.

Find out more on @European Union Agency for Cybersecurity (ENISA): https://www.enisa.europa.eu/news/germany-wins-the-2023-european-cybersecurity-challenge?

The Stats This Week

40

An alliance of 40 countries set to attend the International Counter-Ransomware Initiative summit in Washington, D.C., will pledge to cease paying ransoms demanded by #CyberCriminal groups. The initiative aims to tackle the growing global ransomware threat - there was a record 514 attacks reported in September. The pledge highlights the international community's determination to combat #Ransomware by targeting its financial support.

Find out more on @BleepingComputer: https://www.bleepingcomputer.com/news/security/dozens-of-countries-will-pledge-to-stop-paying-ransomware-gangs/?

4 million

The global cyber security workforce gap has grown to four million - a 12.6% increase from 2022, according to the @ISC2 2023 Cybersecurity Workforce Study. 92% of professionals surveyed reported skills gaps in their organisations, with 67% facing a shortage of cyber security staff. The study also revealed that #InsiderThreats have increased, with 52% of respondents experiencing incidents related to malicious insiders.?

Find out more on @Infosecurity Magazine: https://www.infosecurity-magazine.com/news/cyber-skills-gap-layoffs-security/?

28

A total of 28 countries, including several EU members, the US, the UK, China, and Saudi Arabia, all signed the Bletchley Declaration during the UK's AI Safety Summit on 1st November. This international agreement addresses the development of AI, and focuses on AI safety risks and building advocating for increased transparency by private companies.

Find out more on @Infosecurity Magazine: https://www.infosecurity-magazine.com/news/28-countries-bletchley-declaration/?

Thoughts from Infosec K2K

The recent ISC2 2023 Cybersecurity Workforce Study has revealed a pressing global cyber security skills gap. This widening gap underscores the urgent need for organisations to invest in their cyber security defences. The study underscores the gravity of the situation, with over 90% of cyber security professionals acknowledging skills gaps within their organisations. Two thirds have reported shortages in cyber security staff, and this is despite an 8.7% increase in the global cyber security workforce - now totaling 5.5 million professionals.

As organisations grapple with the skills gap, here at Infosec K2K we offer tailored IAM solutions to help companies enhance their cyber security defences. Our IAM solutions empower businesses to efficiently manage user identities, access rights, and permissions while mitigating risks associated with unauthorised access and insider threats. By implementing our IAM solutions, companies can improve their overall security posture, ensuring that only authorised personnel have access to sensitive information and critical systems.

The study also underlines the importance of artificial intelligence (AI) in cyber security. At Infosec K2K, we offer a range of AI-driven IAM solutions from our partners like @CyberArk. These solutions that can identify and respond to potential threats in real-time, enabling organisations to proactively detect and mitigate security risks.?

The implications of the cyber security skills gap are further compounded by significant cutbacks to cyber security around the globe. Almost half of respondents confess to experiencing cyber-related cutbacks in the past year, comprising layoffs and budget constraints. This study shows that there’s an undeniable need for businesses to acknowledge the indispensable role of cyber security and begin proactively investing in safeguarding their digital assets.

Find out more about the report: https://www.isc2.org/Insights/2023/10/ISC2-Cybersecurity-Workforce-Study-Demand-Strong-for-Cloud-and-AI-Skills-while-Workforce-Gap-Expands?

—

Got questions about this week’s news? We’re here to help! Learn how best to bolster your cyber security defences by getting in touch with our expert team at Infosec K2K.?

Stay updated on all things #CyberSecurityNews when you subscribe to our weekly newsletter by clicking 'Subscribe' at the top of this page!