Episode 264
Episode #264: Edwin Kwan: SEC Charges SolarWinds and CISO for Misleading Investors Before Cyber Attack; Ian Garrett: The World Needs 4 Million More Cybersecurity Professionals; Hillary Coover: Global Alliance Takes a Stand: No More Ransom Payments to Cybercriminals; Marcel Brown: This Day in Tech History
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The stories we’re covering today.
Marcel Brown: November 2nd, 1988. Robert Morris of Cornell University launches a self-replicating worm as part of a research project designed to determine the size of the early internet. Due to a programming error, the "Morris Worm" began repeatedly infecting machines, clogging network traffic, and causing machines to crash.
Edwin Kwan: The US Securities and Exchange Commission has announced charges against SolarWinds Corporation and its CISO, its Chief Information Security Officer, for fraud and internal control failures relating to allegedly known cybersecurity risks and vulnerabilities.
Hillary Coover: A coalition of 40 countries, led by the United States, is committing to never pay ransoms to cybercriminals again. This initiative, known as the International Counter Ransomware Initiative, ICRI, is a response to the increase of ransomware attacks on a global scale with the United States accounting for 46% of such incidents.
Ian Garrett: A recent study from the International Information Systems Security Certification Consortium, the nonprofit member organization for cybersecurity professionals, highlights that the workforce shortage in the cybersecurity industry has reached an all-time high of nearly 4 million people.