The Global Frequency

2 June 2019 | Curated by Matt Devost

Obviously the cybersecurity market has yet to slow down.  This week saw three acquisitions for a total of over $1.5b in market value (the largest being Recorded Future at $780m) and Crowdstrike filing at IPO price valuing the company at right around $4b.  You also had major fundraising rounds by several companies. This has to be one of the most active weeks in the past few years.  Interesting times ahead.  This week on the Global Frequency...

Rob Joyce speaks the simple truth that the Baltimore ransomware incident is less about nation state tools and more about poor patch management. (Read More)

Most IIOT networks are unencrypted.  While you can certainly argue that this creates a security risk, it also provides for a great environment for machine learning and advanced monitoring. (Read More)

The shady world of Russian dark data markets. (Read More)

Siemens medical devices vulnerable to wormable Windows flaw.  Things will get very interesting if we wind up with a worm impacting hospitals. (Read More)

Israel's cyber warfare school. (Read More)

A researcher discovers a database of user info from dating apps that includes IP addresses and geolocation information.  Some interesting dynamics here in that the data is from multiple applications, yet the apps are all from different companies.  Either one company is the secret sponsor of them all, or paid the app developers to imbed their tracking code.  Also, possible links to the Chinese.  (Read More)

Why Municipal Bond investors must care about cybersecurity.  Interesting analysis, especially in the context of the Baltimore city cyberattack. (Read More)

Microsoft warns 1 million hosts still vulnerable and connected to the Internet. (Read More)

GDPR Year One - by the numbers. (Read More)

Fact or Fiction:
For all the books written about the history of the Internet or cybercrime, very few have focused in on the substantive contributions of what I've lovingly referred to for over two decades as "Generation Hack".  Generation Hack encompasses the first era of technologists and hackers sort of starting their coming of age with the movie Wargames and carrying through to the mid-90's.  In other words, my generation. In "Cult of the Dead Cow: How the Original Hacking Supergroup Might Just Save the World", author Joseph Menn has taken a detailed look at one of the best know hacker groups of that era, documenting not only their activities and influences, but how they impacted the emerging digital world we all now live in.  This is a book I'm glad got written and anyone serious about cybersecurity or the hacker culture has to give this a read. (Amazon Link)

Quote of the Week:
"The world isn't run by weapons anymore, or energy, or money, it's run by little ones and zeroes, little bits of data. It's all just electrons." - Sneakers movie character Cosmo.

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