Threat Actors Target Third-Party Vendors, Increasing Cybersecurity Risks
Organizations are facing a significant threat in their cybersecurity defense as attackers increasingly target third-party vendors, a known backdoor into larger systems. RSA Security CEO Rohit Ghai has expressed concerns over this indirect approach to breaching security, likening the need for cybersecurity vendors to maintain high-security standards to doctors adhering to rigorous hygiene practices. The implication is that while IT teams themselves may present solid defenses, the vendors they use can unknowingly become Trojan horses, servicing multiple organizations and potentially offering a gateway for skilled hackers to exploit.
Red Sox Emphasize Digital Security for Staff but Players May Need More Guidance
On the digital playing field, the Boston Red Sox are tightening security protocols, especially for player development staff. According to VP of Technology Operations and Information Security Randy George, the organization is fostering a ‘stick to sports’ approach in managing digital footprints. Current measures don’t extend to active management of players’ personal digital security, which could soon change. Despite having a lean technology department that leans on third-party vendor support, the MLB provides cyber training resources to step up the game against cyber threats and improve players’ savvy with social media and other digital platforms.
Morocco Considers Regulation of Artificial Intelligence Amidst Global Concerns
Treading cautiously into the rapidly advancing realm of artificial intelligence, Morocco is contemplating legislation to regulate AI use to prevent potential misuse. The General Union of Moroccan Workers has proposed the creation of a national AI agency to oversee the implementation of a comprehensive strategy that remains attuned to the global pace of AI development. With concerns mirroring those of experts worldwide, Moroccan legislators are looking to stem the tide of potential AI abuses, such as cyberattacks, deepfakes, and the propagation of misinformation and hate speech.
Introducing MoneyWise Podcast for an In-Depth Look at Personal Finances of High-Net-Worth Individuals
The new podcast MoneyWise, hosted by Sam Parr of My First Million, takes listeners behind the scenes of high-net-worth guests’ financial and lifestyle choices. Parr encourages guests to bare all when it comes to discussions on spending habits, investment portfolios, and overall approach to financial management. Listeners can expect radical transparency in every episode, offering valuable insights into managing wealth effectively.
