Episode #239: FinServ Industry Sees a Massive Rise In Attacks; Info Stealing Campaign Targeting Developers Through OSS; Rethinking Cyber’s Role in Modern Warfare; Navigating Employee Rationalizations for a Secure Future

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Edwin Kwan:  ​ Attackers have been running a campaign this month using malicious open source packages to steal sensitive data from software developers. The attackers utilized typosquatting to trick developers into downloading the packages.

Katy Craig: In the wake of Russia’s invasion of Ukraine and the subsequent year and a half of conflict, the Pentagon is revising its perspective on the role of cyber operations in war. It’s become clear that cyber alone won’t yield immediate results. The Russia-Ukraine conflict revealed discrepancies between expectations and reality in terms of cyber disruptions and impacts.

Ian Garret: Web application and API attacks against the financial services sector increased by a staggering 65 percent in Q2 2023 compared with the same period from the previous year. This surge resulted in a total of 9 billion attacks within just 18 months, with banks being the primary target.

Hillary Coover: Addressing employees non compliance with cybersecurity rules is a pressing concern for most organizations. The threat of sanctions often fails to deter rule violations, primarily due to rationalizations that diminish the wrongness of these actions. To combat this, management can employ two key strategies.

Today is Thursday, September 28th, 2023. From sourced network productions in New York City, It’s 5:05. I’m Mark Miller sitting in for Hillary Coover. Today’s episode begins with Ian Garrett presenting highlights from the Akamai report examining the trends in the financial services industry.