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  • Donald E. Hester

Cyber Risk Update 15 DEC 2023

This is a selection of this week's events. For more news and advisories, check out our discord server. CIKR Cyber Sentinels discord server. This server is focused on cybersecurity collaboration with critical infrastructure stakeholders. (TLP Clear Only) Invite: https://discord.gg/PGz3NDKb5V



Incidents


Good News


Awareness


Nation States


Legislation

  • European lawmakers reached a political deal on regulating artificial intelligence that includes bans on several applications, including untargeted scraping of images for facial-recognition databases, WSJ reports. Penalties for violating the rules could be up to 7% of a company’s global revenue. The legislation still needs final approval from lawmakers. https://www.wsj.com/tech/ai/regulation-of-ai-advances-in-european-union-deal-09d18355


TTP & Malware


AI


Guidance & Resources


Liability


Compliance

  • “I want to reassure companies and their representatives that our Division does not seek to make 'gotcha' comments or penalize foot faults.”— Erik Gerding, director of the SEC's division of corporation finance, on his team's approach to enforcing the commission's new strict cybersecurity disclosure rules that come into force Friday https://www.sec.gov/news/speech/gerding-cybersecurity-disclosure-20231214


In Other News


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