Category: Cybersecurity

“The Coalition to Reduce Cyber Risk (CR2) is calling for a global approach to cybersecurity risk management underpinned by interoperable frameworks,” said Alexander Niejelow, President of the CR2 Board of Directors and Senior Vice President of Cybersecurity Coordination and Advocacy for Mastercard. “Our companies recognize that good cybersecurity risk management rests on a common security baseline of practices as well as a common taxonomy and lexicon. By recognizing this common core as a global standard, companies can more effectively reduce risk as we work across multiple economies and sectors.”

The COVID-19 pandemic has led to a spike in businesses teleworking to communicate and share information over the internet. With this knowledge, malicious cyber actors are looking for ways to exploit telework software vulnerabilities in order to obtain sensitive information, eavesdrop on conference calls or virtual meetings, or conduct other malicious activities. While telework software provides individuals, businesses, and academic institutions with a mechanism to work remotely, users should consider the risks associated with them and apply cyber best practices to protect critical information, safeguard user privacy, and prevent eavesdropping.

Epiq, a global leader in the legal services industry, today shared that it has taken its systems offline globally to contain the threat of a confirmed ransomware attack. The timeline for the online restoration of the systems remains unclear at the current time.

Governed under the auspices of OASIS, which offers projects a path to standardization and de jure approval for reference in international policy and procurement, the Open Cybersecurity Alliance (OCA) has announced the availability of the first open-source language for connecting cybersecurity tools through a common messaging framework, OpenDXL Ontology. Given the challenges of interoperability in the field of eDiscovery, data discovery and legal discovery professionals may benefit from this example of coordination, collaboration, and standardization.