Tag: cyber compliance
UN drafts US-led AI resolution
The United Nations has drafted a resolution aimed at bringing the rest of the world in line with existing US artificial intelligence (AI) security guidelines. These follow those already developed by the US Cybersecurity and Infrastructure Security Agency (CISA) and the United Kingdom’s National Cyber Security Centre (NCSC). Both emphasize the importance of “secure-by-design” and “secure-by-default” principles for AI systems. The UN Assembly called on all Member States and stakeholders “to refrain from or cease the use of artificial intelligence systems that are impossible to operate in compliance with international human rights law.” The Assembly added that the same rights that people have offline must also be protected online throughout the life cycle of artificial intelligence systems.
US Congress tries to block new cyber rulings
New cybersecurity rulings due to come into full force less than a month from today are being blocked in the US Congress and the House of Representatives. The new rulings include the mandatory reporting of any ‘material’ cyber-attack within four working days and were drawn up by the Securities and Exchange Commission (SEC). But, according to a statement issued by Congressman Andrew Barbarino, Chairman of Homeland Security’s Cybersecurity and Infrastructure Protection Subcommittee, and Senator Thom Tillis: “This cybersecurity disclosure rule is a complete overreach on the part of the SEC … also increasing cybersecurity risk without a congressional mandate and in direct contradiction to public law that is intended to secure the homeland.”
ALPHV/BlackCat Reports MeridianLink for Undisclosed Cyber Attack – November 16th
Ransomware gang, ALPHV/BlackCat has reported MeridianLink to the SEC, for not disclosing cyber attack. ALPHV/BlackCat informed the SEC that MeridianLink did not disclose details of the attack, which could potentially affect the data of the publicly traded company's thousands of financial organizations, banks, credit unions, and mortgage lenders. The lack of cyber compliance from MeridianLink breaks the SEC’s rule of disclosing cyber attacks within 4 days of the attack occurring to the agency.