Weekly News Roundup June 22-26, 2020

We are just over two weeks away from our RSA Conference APJ 2020 virtual event, and we are super excited about the incredible experience we have to offer our community. Each day will open with a keynote address followed by educational content running across three tracks. Even though we can’t physically come together, we have built in lots of virtual networking opportunities across the three days. Wondering if policing can stop cybercrime? Join Interpol’s Cybercrime Director Craig Jones on July 17 to find out.

But there is more happening in the world that we want to make sure you know about, so let’s take a look at this week’s cybersecurity headlines.

June 26: Black cybersecurity professionals are joining together with prominent cybersecurity allies across different social media channels today in order to #sharethemicincyber. “The goal of this movement is to amplify the voices of URM and Black+ voices in Cyber and National Security with partnership from amazing Allies,” said Rob Duhart, Federated Security at Google.

June 26: “More online shoppers are falling for scams in Singapore, where cybercrime accounted for 26.8% of all crimes last year with e-commerce scams the most popular. Some 9,430 cybercrime cases were reported last year, up 51.7% from 2018 when there were 6,215 cases,” according to ZDNet.

June 26: A week after a cyberattack struck the Australian government, Computer Weekly reported the country is failing at cybersecurity, noting, “In a newly released Australian National Auditor’s Office (ANAO) review of financial controls, only one agency out of 18 met mandated information security guidelines.”

June 26: California voters will vote on 11 measures when they go to the polls in November. Among them are expanding the California Consumer Privacy Act that took effect Jan 1, 2020. Security Week reported, “Under the existing law, consumers can request companies, including internet giants Google and Facebook, tell them what personal data they have collected and what third parties the companies shared it with. Consumers can ask companies to delete it or stop selling it. Companies can’t sell data from children under 16 without consent. Mactaggart’s new initiative would triple the penalties for companies that violate the rules for children under 16.”

June 25: A survey commissioned by CYBER.ORG revealed that only half of all K-12 students in the US are receiving any cybersecurity education, the Washington Post 202 reported.

June 25: The UK’s National Cyber Security Centre thanked the public for helping the organization fight cybercrime after it hit a major milestone. “Just two months after the National Cyber Security Centre launched the Suspicious Email Reporting Service it has received one million reports,” the agency said.

June 24: The Hill reported, “A top official at the FBI on Wednesday said that the FBI’s Internet Crime Complaint Center (IC3) has received 20,000 coronavirus-related cyber threat reports this year, as officials sounded the alarm on growing cyber threats to COVID-19 vaccine research.”

June 23: A new report from ICON Corporate Finance found that, “Digital transformation in the cybersecurity industry will be a major driver of mergers and acquisitions (M&A) over the remainder of 2020,” Infosecurity Magazine reported.

June 23: Over the past year, business cyber losses have increased “nearly six-fold,” resulting in a median cost of nearly $57,000 per company, Insurance Journal reported.

June 22: According to Reuters, “New Zealand police has seized assets worth NZ$140 million ($90.68 million) linked to a Russian man suspected of laundering billions of dollars in digital currency.”


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