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February 25, 2022   Cyber Security, Hacks, Fraud Alerts, Risks, InsurTech, Enterprise, Entrepreneurs, Start-ups, Small Businesses, FinTech and Alternative Finance, Fintech International, Innovation and Resources, Stories   No comments

U.S. CISA Agency warns of potential increase in Cyber threats

Radical Compliance | Matt Kelly  | Feb 23, 2022

cyber threats - U.S. CISA Agency warns of potential increase in Cyber threatsThe United States’ top cybersecurity regulator published a special bulletin this week listing numerous measures companies should implement immediately to ward off possible attacks from Russia during its Ukraine invasion.

CISA, the Cybersecurity Infrastructure and Security Agency, issued the bulletin on Tuesday in conjunction with the Department of Homeland Security. Both agencies stressed that they have no evidence of any specific cyber attacks Russia might be planning, but “we are mindful of the potential for the Russian government to consider escalating its destabilizing actions in ways that may impact others outside of Ukraine.”

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In other words — head in the game, people! Corporations around the world need to prepare now for any distractions or disruptions Vladimir Putin might cause abroad while he tries to take over Ukraine.

Steps to Reduce the Chance of an Intrusion

  • Confirm that all remote access to the organization’s network, as well as privileged or administrative access even within the network, requires multi-factor authentication.
  • Assure that software is up to date, prioritizing updates that address known exploited vulnerabilities identified by CISA.
  • Confirm that IT personnel have disabled all ports and protocols that aren’t essential for business purposes.
  • If the organization is using cloud services, assure that IT personnel have reviewed and implemented strong controls. (CISA has guidance on this if you need it.)

See: 

Steps to Detect Potential Intrusions Quickly

  • Assure that IT personnel are focused on identifying and assessing any unexpected or unusual network behavior. Enable logging to better investigate issues or events.
  • Confirm that the company’s entire network is protected by antivirus and anti-malware software, and that signatures in these tools are updated.
  • If you work with Ukrainian organizations, take extra care to monitor, inspect, and isolate traffic from those organizations; closely review access controls for that traffic.

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NCFA Jan 2018 resize - U.S. CISA Agency warns of potential increase in Cyber threats The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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