Cyberspace Solarium Commission

Bitsight Reveals More than 60 Percent of Known Exploited Vulnerabilities Remain Unmitigated Past Deadlines in First-of-its-Kind Analysis of CISA's KEV Catalog

Retrieved on: 
Wednesday, May 1, 2024

BOSTON, May 1, 2024 /PRNewswire/ -- Bitsight, the leader in cyber risk management, today released a new report by its TRACE security research team analyzing the Known Exploited Vulnerabilities (KEV) catalog, the Cybersecurity and Infrastructure Security Agency's (CISA) authoritative source of vulnerabilities that have been exploited in the wild.

Key Points: 
  • "Even critical severity vulnerabilities take four and a half months to remediate on average.
  • Key KEV prevalence and remediation findings from the Bitsight TRACE study include:
    Vulnerabilities included in the KEV catalog are highly prevalent and over a third of organizations had at least one in 2023.
  • Despite faster remediation of KEVs versus non-KEVs, more than 60% are remediated after deadlines provided by CISA
    Remediation of KEVs varies based on the severity:
    Known ransomware vulnerabilities are highly prevalent but remediated faster.
  • "The data leaves no doubt: CISA's creation of the KEV catalog has been hugely positive.

TikTok Chief Security Officer Alum Joins Former U.S Congressman to Found Bitsight Cyber Risk Advisory Board

Retrieved on: 
Thursday, February 1, 2024

BOSTON, Feb. 1, 2024 /PRNewswire/ -- Bitsight, the global leader in cyber risk management, today announced the launch of its Cyber Risk Advisory Board, a council of senior cybersecurity, policy, and governance experts formed to help guide Bitsight's strategy. Harnessing the expertise from Fortune 100 cybersecurity leaders, digital supply chain innovators, and public policy advocates, the Advisory Board marks the next phase in Bitsight's continued commitment to transforming how organizations manage risk.

Key Points: 
  • "Our cyber risk data sits at the center of global commerce," said Steve Harvey, CEO of Bitsight.
  • He previously served as the Global Chief Security Officer of ByteDance & TikTok, ADP, and EMC.
  • As Bitsight's Chief Risk Officer, Vadala brings extensive experience as a security and risk leader, including an 18-year tenure at Moody's Corporation where he served as its Chief Information Security Officer and led the Global Cyber Risk Group for Moody's Investors Service, the company's credit rating agency.
  • Powered by the largest cyber risk dataset in the world, Bitsight helps modern security leaders identify, mitigate, and communicate risk to protect their organizations.

Southern Company Executive Chairman Tom Fanning to retire Dec. 31

Retrieved on: 
Tuesday, December 12, 2023

ATLANTA, Dec. 12, 2023 /PRNewswire/ -- Southern Company today announced the retirement of Thomas A. Fanning as the executive chairman of its board of directors, effective Dec. 31. Concurrently, the company also announced the election of Christopher C. Womack, president and CEO, as the new chairman of the Southern Company Board of Directors, effective Dec. 31.

Key Points: 
  • ATLANTA, Dec. 12, 2023 /PRNewswire/ -- Southern Company today announced the retirement of Thomas A. Fanning as the executive chairman of its board of directors, effective Dec. 31.
  • Concurrently, the company also announced the election of Christopher C. Womack, president and CEO, as the new chairman of the Southern Company Board of Directors, effective Dec. 31.
  • Fanning has served Southern Company with unparalleled dedication, strategic vision and unwavering commitment for more than 43 years.
  • "Tom Fanning has been a great leader who has left an indelible mark on Southern Company.

Media Advisory: Global Cybersecurity Experts Return for the Third Annual Fortinet Security Summit and Tech Expo at the Fortinet Championship Golf Tournament

Retrieved on: 
Wednesday, June 28, 2023

The Security Summit brings together the Fortinet community of premier customers, partners, executives, and worldwide industry experts for two full days of keynotes, panels, and roundtable discussions.

Key Points: 
  • The Security Summit brings together the Fortinet community of premier customers, partners, executives, and worldwide industry experts for two full days of keynotes, panels, and roundtable discussions.
  • The Technology Vendor Expo offers product demos, and tech sessions, and networking opportunities with exhibiting partners .
  • The Security Summit also kicks off the 2023 Fortinet Championship on September 14-17.
  • Attendees of the Security Summit will hear from global cybersecurity leaders, including public and private sector executives, government leaders, and Fortune 500 CEOs, among others.

Congressman James Langevin Joins Paladin Capital Group's Strategic Advisory Board

Retrieved on: 
Thursday, February 9, 2023

WASHINGTON, Feb. 9, 2023 /PRNewswire/ -- Paladin Capital Group, a cyber and advanced technologies investor, today announced the addition of Fmr. Congressman James R. Langevin to its Strategic Advisory Group. Langevin, who represented Rhode Island's second congressional district for 11 terms and co-founded the Congressional Cybersecurity Caucus, will advise Paladin on the cyber and national security landscape.

Key Points: 
  • Congressman James R. Langevin to its Strategic Advisory Group .
  • Langevin, who represented Rhode Island's second congressional district for 11 terms and co-founded the Congressional Cybersecurity Caucus, will advise Paladin on the cyber and national security landscape.
  • "We are honored to welcome Congressman Langevin to our Strategic Advisory Group, where his decades of public service and expertise make him a natural fit and valued addition," said Michael Steed, Founder and Managing Partner of Paladin Capital Group.
  • "The solutions to our most pressing cybersecurity challenges will not come from the government alone," said Congressman Langevin.

Leading Energy Companies Tap Fortress to Build and Operate Industry Repository To Identify and Remediate Critical Software Vulnerabilities

Retrieved on: 
Wednesday, February 8, 2023

ORLANDO, Fla., Feb. 8, 2023 /PRNewswire/ --The U.S. utilities industry is banding together to help suppliers identify and remediate vulnerabilities in software managing mission-critical applications for the U.S. energy industry. Several investor-owned utilities -- including American Electric Power and Avangrid Networks – today partnered with Fortress Information Security (Fortress) to launch the North America Energy Software Assurance Database (NAESAD) at the 2023 DistribuTECH Conference. NAESAD will provide the energy industry with a comprehensive Software Bill of Materials (SBOM) repository for every vendor.

Key Points: 
  • ORLANDO, Fla., Feb. 8, 2023 /PRNewswire/ --The U.S. utilities industry is banding together to help suppliers identify and remediate vulnerabilities in software managing mission-critical applications for the U.S. energy industry.
  • NAESAD will provide the energy industry with a comprehensive Software Bill of Materials (SBOM) repository for every vendor.
  • Over the past several years, SolarWinds and Log4J vulnerabilities have highlighted the need to have a fundamental accounting for every software component used within the energy industry.
  • In close collaboration with forward-looking software providers, the repository will enable utilities to identify, triage, and remediate the most impactful and destructive risks.

LookingGlass Cyber CEO Bryan Ware to Moderate Cyberspace Solarium 2.0 General Session at Billington CyberSecurity Summit

Retrieved on: 
Tuesday, September 6, 2022

The panel, Cyberspace Solarium 2.0 Members Chart Future Cyber Strategies, will kick off the conferences second day as the opening session.

Key Points: 
  • The panel, Cyberspace Solarium 2.0 Members Chart Future Cyber Strategies, will kick off the conferences second day as the opening session.
  • Ware will facilitate a robust discussion with three prominent Solarium Commissioners, including the Commissions co-chair Sen. Angus King (I-ME).
  • The Billington CyberSecurity Summit aims to take a holistic view of cybersecurity, with sessions covering critical topics such as Zero Trust, proactive cyber defense measures, building partnerships, offensive cyber strategies, cyber resiliency, and more.
  • Find out more about LookingGlass Cyber at the Billington CyberSecurity Summit.

Philip Niedermair, NCG's Chair of the Board of Advisors, Inducted into the Military Cyber Professionals Association's (MCPA) Order of Thor

Retrieved on: 
Tuesday, July 26, 2022

STERLING, Va., July 26, 2022 /PRNewswire/ -- National Cyber Group (NCG)announced Philip Niedermair, Chair of the Board of Advisors and Member of the Board, Senior Advisor to the US Cyberspace Solarium Commission, was inducted into the Military Cyber Professionals Association's (MCPA) Order of Thor.

Key Points: 
  • STERLING, Va., July 26, 2022 /PRNewswire/ -- National Cyber Group (NCG)announced Philip Niedermair, Chair of the Board of Advisors and Member of the Board, Senior Advisor to the US Cyberspace Solarium Commission, was inducted into the Military Cyber Professionals Association's (MCPA) Order of Thor.
  • The prestigious Order of Thor Medal recognizes great service and contributions to the American military cyber community.
  • The prestigious Order of Thor Medal recognizes great service and contributions to the American military cyber community.
  • Being inducted into the Order of Thor is a recognition of members of the military community who have made considerable contributions and embody the Military Cyber Professionals Association's (MCPA) values of loyalty, duty, and excellence.

Accessible and Affordable SOC-Based Cybersecurity Analyst Training: A Step Forward for Inclusion & Solving the Gap

Retrieved on: 
Wednesday, July 6, 2022

This is attracting 45% women in the academy cohorts, learners get trained as Cybersecurity Analysts to become one.

Key Points: 
  • This is attracting 45% women in the academy cohorts, learners get trained as Cybersecurity Analysts to become one.
  • "If this gap persists, we'll lose the war," says Philip Niedermair, Senior Advisor to the Cyberspace Solarium Commission and National Cyber Group Board Director.
  • This proven solution is attracting more than 45% women in the academy cohorts, where learners get trained as a Cybersecurity Analyst in order to become one.
  • National Cyber Group (NCG) has taken the high road to engineer a national cybersecurity workforce accelerator that is affordable, accessible, and outcome oriented.

LP First Capital and GP Capital Partners Form National Cyber Group to Address Cybersecurity Workforce Gap

Retrieved on: 
Wednesday, June 8, 2022

AUSTIN, Texas, June 8, 2022 /PRNewswire/ -- LP FIRST CAPITAL ("LP First Capital"), a private equity firm with offices in Austin and New York, announced today that, in partnership with GP Capital Partners, LP ("GP Capital Partners"), a Houston-based private credit and equity investment firm, it has formed National Cyber Group, LLC ("National Cyber Group"), a cybersecurity workforce accelerator equipped to attract, train, and transmit career-seekers into entry-and-mid-level jobs as the nation's 'Elite Cybersecurity Corps.'

Key Points: 
  • AUSTIN, Texas, June 8, 2022 /PRNewswire/ -- LP FIRST CAPITAL ("LP First Capital"), a private equity firm with offices in Austin and New York, announced today that, in partnership with GP Capital Partners, LP ("GP Capital Partners"), a Houston-based private credit and equity investment firm, it has formed National Cyber Group, LLC ("National Cyber Group"), a cybersecurity workforce accelerator equipped to attract, train, and transmit career-seekers into entry-and-mid-level jobs as the nation's 'Elite Cybersecurity Corps.'
  • The investment by GP Capital Partners consisted of senior secured term debt and a direct equity investment.
  • In partnership with the founders of Total Seminars and CyberNow Labs, David Moon, a respected cybersecurity executive, is serving as National Cyber Group CEO.
  • "Closing the cyber talent gap is both a national imperative and a huge business opportunity," said Thomas Ince, a Managing Director at LP First Capital.