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Tuesday, 05/04/2021 5:23:52 AM

Tuesday, May 04, 2021 5:23:52 AM

Post# of 248720
NYDFS: SolarWinds hack is a harbinger of the next big financial crisis

https://www.finextra.com/newsarticle/37979/nydfs-solarwinds-hack-is-a-harbinger-of-the-next-big-financial-crisis/wholesale

Excerpt -

The Department's report into the supply chain finance hack found that 94% of reporting companies removed the vulnerabilities from their IT systems within three days of the SolarWinds Attack’s announcement. However, it also found that some companies were not applying patches as regularly as needed to ensure timely remediation of high-risk cyber exposure.

In the report, DFS identifies the following cybersecurity measures as critical practices:
Fully assess and address third party risk.
Adopt a “zero trust” approach and implement multiple layers of security.
Timely address vulnerabilities through patch deployment, testing, and validation.
Address supply chain compromise in incident response plans.

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WidePoint is tweeting several links to "Zero Trust".

Rethink cybersecurity and use Wave's awesome solutions!!!
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