Small US Cyber Agencies Are Underfunded & That’s a Problem

November 20, 2024 at 10:12AM The commentary emphasizes the underfunding of essential U.S. cybersecurity agencies, particularly NIST and the National Vulnerabilities Database (NVD). It argues that inadequate resources jeopardize the nation’s cybersecurity efforts, urging Congress to provide appropriate funding to safeguard critical infrastructure and maintain the U.S.’s status as a cyber superpower. ### Meeting Takeaways: … Read more

How to leverage $200 million FCC program boosting K-12 cybersecurity

October 18, 2024 at 10:49AM The FCC’s 2024 K-12 Cybersecurity Pilot Program, funded with $200 million, aims to enhance cybersecurity in U.S. schools and libraries facing increasing threats. Institutions can apply if they meet specific criteria, with emphasis on long-term sustainability. Cynet Security offers support in audits, planning, and implementing effective cybersecurity strategies. ### Meeting … Read more

In Other News: Traffic Light Hacking, Ex-Uber CSO Appeal, Funding Plummets, NPD Bankruptcy

October 14, 2024 at 09:15AM Recent notable stories include hackable traffic lights in the Netherlands, a decline in cybersecurity funding, the former Uber CSO appealing his conviction, and the bankruptcy filing of NPD. **Meeting Notes Takeaways:** 1. **Traffic Light Vulnerability**: There are reports that traffic lights in the Netherlands can be hacked, raising concerns about … Read more

In Other News: China’s Undersea Spying, Hotel Spyware, Iran’s Disruptive Attacks

May 24, 2024 at 08:04AM SecurityWeek’s cybersecurity news roundup compiles important stories often overlooked, providing a valuable overview of the cybersecurity landscape. This week’s stories cover spyware found on US hotel check-in systems, cellular network flaws, undersea cable vulnerability, cybersecurity funding, Incognito Market owner’s arrest, NIST’s 2023 report, Iranian group’s attacks, Energy Department funding, AWS … Read more

Innovation, Not Regulation, Will Protect Corporations From Deepfakes

May 3, 2024 at 10:04AM High-profile individuals are calling for government regulation of deepfakes, but an open letter suggests innovation, not regulation, as the solution. The letter highlights the rapid proliferation of deepfakes and recent scams, arguing that CEOs and management should take responsibility for defending against deepfakes using advanced authentication, AI tools, and content … Read more

Cybersecurity Firms Raised $2.3 Billion in Q1 2024: Report

April 5, 2024 at 07:06AM Cybersecurity companies raised $2.3 billion in funding in Q1 2024, tracked by Pinpoint Search Group. While comparable to Q1 2023, funding was 20% less. Notably, late-stage rounds saw traction, signaling positive indicators. Mark Sasson of Pinpoint highlights challenges in 2023 but observes positive trends in 2024. Major fundings included Silverfort, … Read more

Funding the Organizations That Secure the Internet

April 2, 2024 at 02:05PM Common Good Cyber is a global consortium uniting nonprofit, private sector, and government organizations to fund initiatives dedicated to maintaining the security of Internet infrastructure. Based on the meeting notes, it seems that Common Good Cyber is a global consortium that connects nonprofit, private sector, and government organizations. Their focus … Read more

Ballistic Ventures Closes $360 Million Cybersecurity-Focused Fund

March 14, 2024 at 01:09PM Ballistic Ventures has closed a $360 million fund to exclusively support and nurture entrepreneurs and innovations in cybersecurity. Led by experienced founders, the firm has previously invested in 18 companies addressing challenges including AI security and disinformation mitigation. The fund will continue to focus on addressing critical cyber challenges and … Read more

Biden’s budget proposal boosts CISA funding to $3b

March 12, 2024 at 02:37PM President Joe Biden has proposed a $103 million increase in funding for the Cybersecurity and Infrastructure Security Agency (CISA), as part of the $7.3 trillion spending plan for fiscal year 2025. The plan also allocates $13 billion for improving cybersecurity across government agencies. Additionally, the budget includes cybersecurity funding for … Read more

Cyberattacks on Hospitals Are Likely to Increase, Putting Lives at Risk, Experts Warn

February 15, 2024 at 01:33PM Cybersecurity experts warn of increasing cyberattacks on hospitals, leaving them vulnerable to data and network breaches. The use of online technology has expanded the digital attack surface, making hospitals a prime target for ransomware attacks. The US government is urged to take more significant action to address the escalating cyber … Read more