Money20/20: Cybersecurity Panel Praises Information Sharing to Reduce Cybercriminal Risks
On Sunday afternoon at the Money20/20 conference in Las Vegas, a cybersecurity panel discussed challenges facing financial services organizations in preparing for or responding to malicious cyberattacks. Sharing information on ransomeware attack management, panelists argued, is a near necessity for financial services organizations. With organizations facing increasing risk from swarm-like cyberattacks and associated ransom payment demands, panelists urged for organizations to proactively prepare for and manage response strategies to a cybersecurity breach incident. Collaboration on....
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Two U.S. senators passed a new bill amending the Cybersecurity Information Sharing Act of 2015 to include the crypto firms to report cyberthreats they face. The U.S legislators, Cynthia Lummis of Wyoming and Tennessee’s Marsha Blackburn, revised the Cybersecurity Information Sharing Act aimed at reducing criminal activities in crypto-space. Cryptocurrency’s growing issues like cyber attacks, […]
Under the proposed amendment, the 2015 legislation would be renamed the Cryptocurrency Cybersecurity Information Sharing Act. United States Senators Marsha Blackburn and Cynthia Lummis have introduced proposed changes to a 2015 bill that would allow “voluntary information sharing of cyber threat indicators among cryptocurrency companies.”According to a draft bill on amending the Cybersecurity Information Sharing Act of 2015, Blackburn and Lummis suggested U.S. lawmakers allow companies involved with distributed ledger technology or digital assets to report network damage, data breaches,....
Yesterday, the United States Senate passed the highly controversial Cybersecurity Information Sharing Act, also known as CISA. CISA is a massive blow against the tech industry as a whole and advocates of privacy. Passing by a 74-21 bipartisan vote, the bill is intended to allow companies to share information on cybersecurity threats with the government.....
The recent developments in the United States Senate seem to have created an opportunity for bitcoin to become the currency of the future. Earlier this week, the senate ended up passing the Cybersecurity Information Sharing Act better known in its abbreviated form - CISA. The act will now facilitate information sharing between companies and the US government. The main purpose of CISA is to make it easier for governments to collect personal information of internet users easily and more openly from companies in possession of it. Previously, sharing personal information without consent or....
Bitcoin and digital currency will take center stage at Money20/20, the largest global event for payments and financial services innovation. The event, now in its fourth year, focuses on connected commerce at the intersection of mobile, retail, marketing services, dataand technology. It will be held at the Venetian in Las Vegas from Oct. 25 through 28. With 10,000-plus attendees, including more than 1,000 CEOs, from 3,000 companies and 75 countries, expected, Money20/20 explores disruptive ways in which consumers and businesses manage, spend and borrow money. Money20/20. Money20/20's agenda....