Organizations have been urged by U.S., Canadian, Australian, UK, and other countries' government agencies to fast-track the adoption of Security Information and Event Management and Security Orchestration, Automation and Response platforms that enable immediate cybersecurity event detection and response efforts, according to Infosecurity Magazine.
The U.S. Securities and Exchange Commission was urged by the American Bankers Association, Securities Industry and Financial Markets Association, Bank Policy Institute, Institute of International Bankers, and the Independent Community Bankers of America to rescind cyber incident reporting requirements for domestic and foreign issuers under Form 8-K Item 1.05 and Form 6-K, respectively, according to The Cyber Express.
CyberScoop reports that Sens. Mark Warner, D-Va., and James Lankford, R-Okla., have reintroduced the Federal Contractor Cybersecurity Vulnerability Reduction Act that would compel federal contractors to adhere to the National Institute of Standards and Technology's vulnerability disclosure policy recommendations months after a companion bipartisan bill was approved by the House.
The Federal Communications Commission has moved to prohibit testing of electronic devices for sale in the U.S. by Chinese labs controlled or directed by firms on its "Covered List", with electronics for import to the U.S. being required to undergo the agency's equipment authorization process, reports Reuters.
Mounting cybersecurity threats against U.S. critical infrastructure, compounded by conflicting rules, have prompted Sens. Gary Peters, D-Mich., and James Lankford, R-Okla., to reintroduce the Streamlining Federal Cybersecurity Regulations Act, which was previously rejected by Senate Homeland Security and Governmental Affairs Committee head Rand Paul, R-Ky., CyberScoop reports.
