By NewsBlogger Compliance requirements in cybersecurity aim to enhance transparency and accountability within organizations. CISOs face varying perceptions of compliance based on factors like company size and sector while also dealing with the increasing threat of ransomware attacks targeting virtual machine platforms like VMware ESXi.
At a glance
- Compliance requirements in cybersecurity enhance transparency and accountability within organizations.
- Implementing strategies like risk management and stakeholder alignment can alleviate the burden of compliance for CISOs and their teams.
- Compliance can serve as a strategic tool for evaluating cyber risk, securing budget allocation, and boosting confidence in security measures.
- Effective communication and collaboration are crucial for prioritizing compliance initiatives and delivering tangible business value.
- Compliance frameworks play a vital role in guiding cybersecurity program priorities, aligning stakeholders, and holding security accountable.
The details
Compliance requirements in cybersecurity are designed to enhance transparency and accountability within organizations.
CISOs and their teams often view compliance as a time-consuming process, but implementing strategies such as risk management and stakeholder alignment can help alleviate the burden.
Compliance can also serve as a strategic tool for evaluating cyber risk, securing budget allocation, and boosting confidence in security measures.
The perception of cybersecurity compliance
varies among CISOs based on factors like company size, sector, and program maturity.
Frameworks like NIST CSF and ISO offer models for organizations to adhere to in meeting compliance standards.
It is important to note that security does not necessarily equal compliance and mature organizations often go above and beyond the minimum requirements to bolster their security posture.
Effective communication and collaboration
of the risks associated with non-compliance, and collaboration with other leaders is crucial for prioritizing compliance initiatives.
Compliance can deliver tangible business value by helping organizations steer clear of security gaps and showcase adherence to regulatory standards.
Boards and leadership must carefully weigh the costs and benefits of compliance to make well-informed decisions.
Compliance frameworks are vital in guiding cybersecurity program priorities and aligning stakeholders toward common objectives.
Establishing partnerships with legal teams, privacy officers, and audit committees is key for CISOs to navigate compliance requirements effectively.
Compliance teams play a pivotal role in holding security accountable and demonstrating compliance to regulators.
Leveraging risk registers, GRC systems, and continuous compliance monitoring tools can aid in aligning stakeholders and tracking security activities efficiently.
Third-party assessments are frequently conducted to ensure organizations meet compliance standards, which are generally similar across various regulatory bodies.
Compliance requirements evolve over time to address changing risks and business conditions, indicating that compliance is poised to become an increasingly significant aspect of CISOs’ roles in the future.
On a separate note, ransomware attacks targeting virtual machine platforms like VMware ESXi have caused widespread disruptions and service losses in enterprises.
Companies such as Panera and Omni Hotels have faced severe IT outages due to ransomware attacks encrypting their virtual machines.
While Panera was able to restore servers from backups after a week, Omni Hotels guests had to rely on employees for room access during the outage.
Chilean hosting provider IxMetro Powerhost also fell victim to a ransomware attack on their VMware ESXi servers, with threat actors demanding payment for decryption.
The Chilean government’s CSIRT issued a warning to enterprises to upgrade VMware software and enhance server security in response to these attacks.
Other incidents include cyberattacks on MarineMax, Jackson County, Missouri, and Leicester City Council, underscoring the escalating threat of ransomware.
Admins are advised to bolster security on virtual machine platforms through security updates and access controls to mitigate the risk of future attacks.
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| thehackernews.com |
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| – Compliance requirements aim to increase cybersecurity transparency and accountability – Compliance is a time-consuming process for CISOs and their teams – Strategies to reduce the pain of dealing with compliance include risk management and stakeholder alignment – Compliance can be turned into a strategic tool to evaluate cyber risk, gain budget, and increase confidence – CISOs view cybersecurity compliance differently based on company size, sector, and program maturity – Compliance frameworks like NIST CSF and ISO provide models to follow – Security does not equal compliance, and mature organizations go beyond compliance requirements – CISOs must communicate the risk of non-compliance and work with other leaders to prioritize initiatives – Compliance can deliver business value and help avoid security gaps – Boards and leadership must weigh the costs and benefits of compliance – Compliance frameworks inform cybersecurity program priorities – CISOs must build partnerships with legal teams, privacy officers, and audit committees – Compliance teams hold security accountable and demonstrate compliance to regulators – Risk registers help align stakeholders and prioritize actions – GRC systems and continuous compliance monitoring tools track security activities – Third parties may conduct compliance assessments for organizations – Many compliance requirements are similar across different bodies – Compliance requirements evolve to address changing risks and business conditions – Compliance is expected to become a greater part of CISOs’ jobs in the future. |
| bleepingcomputer.com |
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| – Ransomware attacks targeting VMware ESXi and other virtual machine platforms are causing widespread disruption and loss of services in enterprises – Panera and Omni Hotels experienced massive IT outages due to ransomware attacks encrypting their virtual machines – Panera was able to restore servers from backups, but it took almost a week for their systems to be restored – Omni Hotels guests had to contact employees to be let into their rooms due to the outage – Chilean hosting provider IxMetro Powerhost also suffered a ransomware attack on their VMware ESXi servers – The threat actors behind the attack demanded two bitcoins per customer for a decryptor – Virtual machine platforms like VMware ESXi are becoming a tempting target for ransomware gangs – Admins must tighten security on virtual machine platforms by applying security updates and using tighter access controls – The Chilean government’s CSIRT issued an advisory warning enterprises to upgrade VMware software and secure servers – MarineMax experienced a cyberattack where attackers stole employee and customer data – The intrusion started in late February and lasted through late March, with the threat actor gaining access through a phishing campaign – Jackson County, Missouri, declared a state of emergency after a ransomware attack took down some county services – Leicester City Council confirmed a ransomware attack after criminals uploaded stolen documents to their dark web extortion site – Panera Bread’s week-long outage was caused by a ransomware attack – A cybercrime gang linked to an attack on the U.S. health care system has been laundering ransom proceeds – PCrisk found new ransomware variants appending various extensions and dropping ransom notes |
