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Weekly News Digest

December 26, 2023 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITIís Twitter account: @ITINewsBreaks.

CLICK HERE to view more Weekly News Digest items.

SC Media Publishes a Cybersecurity Year in Review for 2023

SC Media, part of CyberRisk Alliance, published a white paper (registration required) titled “2023 Cybersecurity Year in Review: SEC Ruling, AI and Ransomware Raise Security Stakes.” The summary states, “The year 2023 saw three significant events that raised the stakes for cybersecurity professionals.” They are:
  1. In July, the U.S. Securities and Exchange Commission adopted new rules that require publicly traded companies to notify regulators within four days of a meaningful system compromise, and to give details about their cybersecurity risk governance in annual public filings.
  2. The world became transfixed by the potential power of ChatGPT and artificial intelligence, and it wasn’t long before practically anyone could use ChatGPT to write phishing emails and rudimentary malware.
  3. Ransomware set new records for monthly incidents and nearly topped previous yearly payouts. The resurgence was accompanied by a breakdown in international cooperation to fight cybercrime, as tensions rose over the stalled but ongoing Russian invasion of Ukraine and U.S.-China relations deteriorated.

For more information, read the white paper summary.

Send correspondence concerning the Weekly News Digest to NewsBreaks Editor Brandi Scardilli

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