Cybernance News

Leader in Security Ratings Partners with Provider of Cyber Risk Governance Solutions.

Cybernance’s software helps companies easily identify dangerous practices and lack of important policies while recommending ways to correct these cyber-risks.

I heard from a rather upset cyber security expert, Mike Shultz, CEO of Cybernance, a cyber governance company. I get why Shultz is frustrated.

The NIAC’s report is one of the more comprehensive analyses of the state of the nation relative to cyber security preparedness, and its conclusions and recommendations are numerous and significant.

C-suites and boards of directors have remained focused on executing minimally sufficient security measures that kept the bad guys out and the good guys safe.

Mike Shultz: “Trotting in the chief technology officer to outline the cyber landscape in tech-heavy jargon is like teaching calculus to first graders.”

Which of the recommendations made by the NIAC working group will affect security teams the most, and how should they prepare?

What do we need to know about this breach, and what actions should we take? This latest event raises at least eight significant questions.

Risk mitigation advice based on NIST CSF and delivered by security experts may be beneficial given an unlimited budget, but it’s safe to say very few of us enjoy that luxury.

“Could an identical twin trick the machine? I suppose the answer is yes,” said Mike Shultz, founder and CEO of Cybernance.

The massive Equifax breach has dramatically elevated the national cybersecurity conversation.

There are credible reports that an extortion threat has been made in the dark web, presumably to Equifax, threatening to dump stolen credit card numbers if a 600 Bitcoin ransom (about $2.6 million) isn’t paid by September 15th

Aksjekursen til det amerikanske kredittvurderingsselskapet Equifax falt med mer enn 13 prosent da handelen startet på morgen fredag i forrige uke.

The alarming Equifax breach has inflamed the news cycle. In my back and forth with a frustrated cybersecurity expert, we hashed out what individuals – and companies – can do to change enterprise data security.

It’s sort of mind-boggling to think an institution that large and with so much power over your credit scores could be so irresponsible.

The Atlanta-based company announced the hack on Thursday, and said that intruders were able to access customers’ Social Security numbers, addresses, names, birthdays, driver’s license numbers and more.

News broke on Thursday that U.S. credit reporting agency Equifax suffered a massive data breach that could impact as many as 143 million customers, including people in the U.K. and Canada.

The data breach at credit agency Equifax looks to be one of the biggest in recent times. Industry experts have been quick to criticise both the company’s security and its response to the breach.

“This breach is totally inexcusable,” says Mike Shultz, CEO of Cybernance, a cyber governance company.

Credit reporting firm Equifax reported Thursday that it experienced a “cybersecurity incident” that exposed credit card numbers and personal information for hundreds of thousands of Americans and may affect as many as 143 million consumers in the United States.

Cybernance is the first company listed in the “cybersecurity” category, alongside NSS Labs, OnRamp, SpyCloud, and SparkRecognition.

Seventy-four chief executives are in the running for the Austin Business Journal’s 2017 Best CEO awards. Cybernance CEO, Mike Shultz is one of them!

Cybernance has partnered with PointStream to offer a cyber risk assessment platform to government agencies through the latter’s position on the General Services Administration‘s Information Technology Schedule 70 contract vehicle.

President Trump recently issued an Executive Order called “Strengthening the Cybersecurity of Federal Networks and Critical Infrastructure.”

President Trump recently issued an Executive Order (EO) called “Strengthening the Cybersecurity of Federal Networks and Critical Infrastructure.”

Company News News [icon name="newspaper-o" class="" unprefixed_class=""] PropertyCasualty360 According to a recent Fitch Ratings and A.M. Best report, premiums for cyber insurance jumped 35% from 2015 to 2016.In May, President Trump released an executive order...

Mike Shultz, CEO of Cybernance, the cyber risk governance company based in Austin, Texas, said Microsoft would have been foolish to fight in this case.

Cloud services must provide better guidance or else these issues could lead businesses to “conclude the cloud is not a safe neighborhood for them.”

Mike Shultz, CEO of risk governance company Cybernance Corp., based in Bee Cave, Texas, said he would be surprised “if Amazon doesn’t consider imposing greater restrictions and oversight on user data.”

Agencies must meet these mandates under a strict 90-day deadline, and the countdown began the day the order was signed almost two months ago.

Earlier this week, several European nations experienced a widespread ransomware attack.

It’s too early for firm attribution of the Petya-based pandemic (although Ukrainian authorities are looking at their big and unfriendly neighbor Russia), but the outbreak does have policy implications.

Earlier this week, UpGaurd announced their discovery of the RNC’s contracted voter research vendor Deep Root Analyics’ (DRA) 12-day data exposure of nearly 200 million American voters’ information.

A contractor working for the Republican National Committee (RNC) left more than 198 million Americans’ personal information exposed online in a misconfigured database, UpGuard researcher Chris Vickery recently found.

Implications of a major voter database exposure in the US, and what might be done to mitigate such risks with insight from Mike Schultz, CEO of Cybernance.

Cybersecurity must now be considered an integral piece of an organization’s culture at all levels

What’s next for agencies under the new executive order?

For companies who were impacted by Friday’s global cyber attack, the following are important steps for ensuring your key stakeholders remain confident and calm in your company’s ability to remediate the damages.

We note that Cybernance hasn’t wasted much time in offering to help those agencies. It’s announced that the Cybernance Platform is available to support compliance with the Executive Order.

We’ve never had a mandate that requires agencies to build a comprehensive risk and mitigation report for their organization and then report to the president of the Department of Homeland Security and the director of the Office of Management and Budget.

The 90-day deadline is a huge lift for an order that requires a cultural shift down to the DNA level of how we view cyber risk.

“Trump’s order mandates that the security of federal agencies has to be controlled on an entire enterprise level—instead of building security protocols for specific systems, all people, processes, and policies within the agency must be analyzed and reported on,” Mike Shultz, CEO at Cybernance, a cyber governance platform, said in a media advisory.

This really represents a dramatic culture shift in the way the federal government is looking at cybersecurity.

President Trump today finally signed a long awaited Executive Order (EO) on Cybersecurity, Strengthening the Cybersecurity of Federal Networks and Critical Infrastructure, the April 27 draft of which Homeland Security Today first reported last week, and which sources familiar with the then draft EO told Homeland Security Today Trump was expected to sign this week.

Mike Shultz, CEO of Cybernance, recently spoke about the road ahead for cyber insurance, which companies purchase to protect themselves against loss of income and reputation when hackers steal company data or commit other cyber crime.