In this file:
· There is a booming market in cyberattacks with beef as the latest victim
· Ransomware business achieves critical mass
· Relay Hosts ‘State of Cybersecurity Industry’ Panel; Pre-Registration Now Open
· CIO Leadership: Designing an Agile Enterprise Architecture with a Need for Speed will Drive the Discussion at the 2021 HMG Live! Greenwich CIO Executive Leadership Summit on June 9
· White House slams Russia over ransomware attack on JBS
· Experts React: On JBS Foods Hack Must Prompt Supply Chain Cyber Protection
· REvil Ransomware Ground Down JBS: Sources
There is a booming market in cyberattacks with beef as the latest victim
I don't know how long this is tenable
Author: Adam Button, ForeXLive
1 Jun 2021
The world's largest meat producer has shut down production in some of the world's largest slaughterhouses, with knock-on effects likely coming to the beef industry.
Brazil's JBS has five plants in the US that handle 22,500 cattle per day, or about one-fifth of the countries production. They also have large operations in Australia and Canada.
The cyberattack has halted operations for two days now as hackers -- reportedly from Russia -- demand ransom.
"The White House has offered assistance to JBS and our team at the Department of Agriculture have spoken to their leadership several times in the last day," White House spokesman Karine Jean-Pierre said.
"JBS notified the administration that the ransom demand came from a criminal organization likely based in Russia. The White House is engaging directly with the Russian government on this matter and delivering the message that responsible states do not harbor ransomware."
Word got out that the Colonial Pipeline paid $4.4m in crypto and that's basically an advertisement for other hackers to try the same...
Ransomware business achieves critical mass
Scott Rosenberg, Axios
Jun 2, 2021
The Memorial Day weekend ransomware attack that left the world's largest meat processor hobbled also had CEOs around the globe asking, "Am I next?"
Why it matters: The attack on Brazil-based JBS came just weeks after a similar attack on Colonial Pipeline, the U.S.'s largest refined-fuel pipeline operator. Attacks that disrupt food and energy supplies are the kinds that rouse governments to strike back.
Details: JBS said Sunday the attack hit its servers in the U.S. and Australia. Many of the firm's U.S. plants were shut down Tuesday, but by evening the company's CEO promised that "the vast majority" of its plants would be operating Wednesday.
The big picture: Ransomware is a longstanding problem, but it has recently become a "global pandemic" (as former U.S. cyber leader Chris Krebs puts it) thanks to the rise of a profitable industry around it.
· 2020 saw roughly $350 million in cryptocurrency payments to ransomware attacks, triple the previous year's take, per one study.
· Startup costs are cheap because malware providers have built low-cost "software as a service"-style ransomware tools that don't demand wizard-level skills to use.
· Companies and organizations whose data and/or networks are locked up typically choose to pay a ransom rather than go through the extended trauma of accepting data loss and rebuilding systems from scratch.
· Bitcoin makes it possible for the criminals to collect that ransom efficiently and anonymously.
How it works ...
Ransomware has enabled a scalable business model ...
The most effective "vaccine"...
Another potential remedy...
Or the Biden administration could turn the screws on Russia...
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Relay Hosts ‘State of Cybersecurity Industry’ Panel; Pre-Registration Now Open
Source: Relay Medical Corp.
via Blobe Newswire - June 02, 2021
TORONTO, June 02, 2021 (GLOBE NEWSWIRE) -- Relay Medical Corp. (“Relay” or the “Company”) (CSE: RELA, OTC: RYMDF, Frankfurt: EIY2) - will be hosting their inaugural Cybersecurity panel discussion later this month on Tuesday, June 22, 2021.
The Company will be streaming the first webcast on June 22nd; guest speakers will be respected influencer and Forbes writer Chuck Brooks,1 and Chris Blask,2 the innovative creator of the firewall and Digital Bill of Materials. The discussion will include Dmitry Raidman, CTO of Cybeats and moderated by Evgeniy Kharam. After the event, video recording will be available for viewing on the company’s youtube channel. To attend the live event or submit questions ahead of time, please email email@example.com.
The panel will be discussing the prevalent cybersecurity topics addressed by United States President, Joe Biden, in the Executive Order (EO)3 and the greater Internet of Things (IoT) industry issues with connected devices sector examples focusing on the significance of mission critical systems and various connected devices applications.
“The Order calls for an Endpoint Detection and Response (EDR) initiative to support proactive detection of cybersecurity incidents within Federal Government infrastructure, active cyber hunting, containment and remediation, and incident response,” shares Chuck Brooks, Strategic Advisor. “Both industry and government will require better capabilities of detection of vulnerabilities throughout manufacturing and deployment of connected devices, especially in supply chains.”
The Presidential Cybersecurity Timeline
The presidential order timeline is set to publish a definition of the term “critical software” by the end of June and publish a list of software categories meeting this definition of “critical software” by end of July.
In mid July the director of National Institute of Standards and Technology (NIST) will publish guidance outlining security measures for “critical software”, and guidelines for minimum standards for vendors’ testing of their software source code. The Secretary of Commerce will publish the minimum elements for a Software Bill of Materials (SBOM).
On February 6, 2022 (270 days from the EO) the director of NIST will publish guidance on practices that enhance software supply chain security that will include tools to check for and remediate vulnerabilities and manage SBOMs and identify Internet of Things (IoT) cybersecurity criteria for a consumer labelling program.
On March 8, 2022 (300 days from the EO) the administrator of the Office of Electronic Government will require that all agencies comply with the NIST guidelines with respect to software procured after the date of the Executive Order.
“The inevitability of SBOMs means that those with responsibility for security operations centers need to begin determining how SBOMs will get integrated into real time operations,” said by Chris Blask, Strategic Advisor. “Solutions like Cybeats SBOM Studio and IoT Platform would be key to operationalizing this new feed of supply chain intelligence.”
Cybeats’ SBOM Studio product allows for the monitoring and analysis of cybersecurity on all components during the design and manufacturing stage ensuring connected devices have been developed with secure software components.
Cybeats’ IoT security platform’s capabilities span across detecting and mitigating attacks on devices while they are operational, to enabling device makers to identify and fix security flaws during the product’s design phase and empowering end users with fleet management tools such as secure firmware updates.
Recent Global Cybersecurity News
On May 30th, 2021, JBS Foods,4 the world’s largest meat processing company, suffered a coordinated cyberattack5 that forced it to close 10 processing plants, pause operations in North America and Australia6, and cancel shifts for thousands of workers. The attack wipes out nearly a fifth of America’s meat production for the duration of this incident as investigations are still ongoing.
Other large American meat producers have paused slaughtering in fear of similar and imminent potential attacks.7 From food shortages to redirecting cattle for slaughter, the gravity of this debilitating attack is not yet fully known. This attack increases the ongoing pressure on the Whitehouse to prioritize the nation’s cybersecurity earlier in May which led to the May 12th EO.
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CIO Leadership: Designing an Agile Enterprise Architecture with a Need for Speed will Drive the Discussion at the 2021 HMG Live! Greenwich CIO Executive Leadership Summit on June 9
Speakers and attendees in this highly interactive event will also explore recommendations for technology executives on balancing risk management in a time of accelerated innovation
Source: HMG Strategy
via Globe Newswire - June 02, 2021
WESTPORT, Conn., June 02, 2021 (GLOBE NEWSWIRE) -- HMG Strategy, the World’s #1 digital platform for enabling technology executives to reimagine the enterprise and reshape the business world, is excited to be hosting its 2021 HMG Live! Greenwich CIO Executive Leadership Summit on June 9. HMG Strategy’s highly interactive digital events bring together the world’s most distinguished and innovative business technology leaders to discuss the most pressing leadership, strategic, cultural, technology and career challenges and opportunities that technology executives face today – and into the future.
The 2021 HMG Live! Greenwich CIO Executive Leadership Summit will focus on successful approaches to designing agile enterprise architectures that can accelerate data-driven decision-making while keeping pace with the speed of business.
“Business is more dynamic than ever, and with business conditions and customer behavior changing constantly, successful companies need agile enterprise infrastructures that can help address changing market conditions,” said Hunter Muller, President and CEO of HMG Strategy.
HMG Strategy is also excited to have special guest speaker and bestselling author Stephen M.R. Covey share his insights on why a high-trust culture can operate with greater efficiency and at less cost along with recommendations for CIOs and technology executives to cultivate trust with the CEO, the Board and across the organization.
World-class business technology executives speaking at the 2021 HMG Live! Greenwich CIO Executive Leadership Summit will include:
Julia Anderson, Global CIO, Smithfield Foods
Vince Campisi, SVP, Enterprise Services & Chief Digital Officer, Raytheon Technologies
Karl Hightower, CDO, Novant Health
Dustin Hillard, CTO, eSentire
Khalid Kark, Research Director, CIO Program, Deloitte
Stuart Kippelman, CIO, Parsons Corporation
Shamla Naidoo, Independent Director, QBE North America
Jim Panos, CIO, Central National Gottesman Inc.
Joseph Puglisi, VP IT, Nice-Pak Products, Inc.
Anna Ransley, Vice President, Digital and Technology, Heineken
Jim Swanson, EVP and Enterprise CIO, Johnson & Johnson
Millie Torres, GTO Global Head of Risk Control, Regulatory and Reviews, Broadridge
George Westerman, Senior Lecturer, Principal Research Scientist, Workforce Learning, MIT Jameel World Education Lab, MIT Sloan School of Management
Valued Partners for the 2021 HMG Live! Greenwich CIO Executive Leadership Summit on June 9 include Akamai, Auth0, BetterCloud, Darktrace, eSentire, Forescout Technologies, Globant, Horizon3.ai, Illumio, Ivanti, NPower, PagerDuty, RingCentral, Rubrik, SafeGuard Cyber, SIM Fairfield-Westchester, Skybox Security, Sonatype, and Zscaler.
To learn more about the 2021 HMG Live! Greenwich CIO Executive Leadership Summit and to register for the event, click here.
HMG Strategy’s 2021 HMG Live! 2nd U.K. CIO Executive Leadership Summit will be held on June 16. Timely topics to be explored at this international event will include insights into enabling organizational agility and how to help line-of-business leaders respond to the changing business landscape quickly and effectively. The summit will also explore recommendations on how CIOs and technology executives can contribute to environmental and social causes for their organizations and their communities – and make an impact by doing so.
Prominent technology executives speaking at this event will include:
Donya Amer, CEO, Bosch Climate Solutions
Danny Attias, Chief Digital & Information Officer, Anthony Nolan
Charlotte Baldwin, Chief Digital and Technology Officer, Freshfields Bruckhaus Deringer
Frank Bignone, Global Director of Digital Transformation (DX) Division, FPT Corporation
Avril Chester, Chief Technology Officer, Founder & CEO, Cancer Central, Royal Institute of British Architects
Joanna Drake, CIO, The Hut Group
Tony Healy, Group Chief Technology & Innovation Officer, Ticketer & Fara AS
Clare Hickie, Regional CIO, EMEA & APJ, Workday, Inc.
Vicky Higgin, CIO, Highways England
Jayne Hill, Engineering Officer & Mental Health First-Aider, Blue Prism
Tim Oldman, Founder and CEO, Leesman
Dave Roberts, Global IT Director, Stantec
Graham Spivey, Chief Communications Officer, UK IT Leaders
Natalie Whittlesey, Area Leader, EMEA Technology Officers Practice, Korn Ferry
Valued Partners for the 2021 HMG Live! 2nd U.K. CIO Executive Leadership Summit on June 16 include Akamai, Ally.io, Auth0, Darktrace, Forescout Technologies, FPT Corporation, Globant, Horizon3.ai, Illumio, Ivanti, PagerDuty, RingCentral, SafeGuard Cyber, Skybox Security, Sonatype, UK Innovative Tech Leaders, Workday, and Zscaler.
To learn more about the 2021 HMG Live! 2nd U.K. CIO Executive Leadership Summit and to register for the event, click here.
HMG Strategy will be hosting its 2021 HMG Live! 2nd Chicago CIO Executive Leadership Summit on June 17. Chief topics that will be explored at the event will include recommendations for CIOs and business technology leaders to build trust at the executive level; opportunities for business technology executives to accelerate their career ascent while acting as a talent magnet; and an inside look at hot enterprise technologies that can help move the needle for the business.
Top-tier business technology executives and industry experts speaking at the 2021 HMG Live! 2nd Chicago CIO Executive Leadership Summit will include:
Renee Arrington, President, COO & Director, Pearson Partners International, Inc.
Edwin Doyle, Cyber Security Strategist, Check Point Software Technologies
Dax Grant, CIO, Global Operations, HSBC
Art Hopkins, Executive Director, Russell Reynolds Associates
Rohit Jain, Senior Director, Finance Systems, Upwork
Anupam Khare, SVP & CIO, Oshkosh Corp.
Talvis Love, SVP & CIO, Baxter International
Rick Merrick, CIO, TCS Education System; President, SIM Chicago Chapter
David Politis, Founder and CEO, BetterCloud
Trevor Schulze, SVP & CIO, RingCentral
Thierry Van Landegem, Executive Director, IIoT Cohort, mHUB Accelerator Program, mHUB
Jon Walden, CTO – Americas, Blue Prism
Valued Partners for the 2021 HMG Live! 2nd Chicago CIO Executive Leadership Summit include Akamai, Auth0, BetterCloud, Blue Prism, Check Point Software Technologies, Darktrace, Forescout Technologies, Gigamon, Globant, Horizon3.ai, Illumio, Ivanti, PagerDuty, RingCentral, SafeGuard Cyber, SIM Chicago, Skybox Security, Sonatype, Starburst, Upwork and Zscaler.
To learn more about the 2021 HMG Live! Chicago 2nd CIO Executive Leadership Summit and to register for the event, click here.
To learn about HMG Strategy’s upcoming CIO and CISO Summits, click here.
HMG STRATEGY’S 2021 GLOBAL LEADERSHIP INSTITUTE AWARDS
The HMG Strategy 2021 Global Leadership Institute Awards honor exemplary technology leaders and leadership teams who are delivering exceptional value to their organizations. This award recognizes those who have reimagined and reinvented themselves to place their organizations on the fast track to groundbreaking transformation in dynamic times. Technology executives and their teams who receive these awards are being recognized for accomplishments in the following areas: Diversity, Equity and Inclusion; Leading into the C-suite; Creating New Go-to-Market Business Models; Modernizing Enterprise Architecture; and Building a Culture of Trust.
To learn more about HMG Strategy’s 2021 Global Leadership Institute Awards and to nominate a deserving executive, click here.
UPCOMING WEBINARS & DIGITAL ROUNDTABLES
On June 10, HMG Strategy will be hosting a webinar powered by Zoom on ‘The Next Disruption: Hybrid Working.’ This webinar will feature Callie Baumann, Vice President of Employee Technology Experience, Digital Workspace at Humana; Brian Kirkland, CTO at Choice Hotels; ML Madhavaro, CIO at Exterran Energy Solutions; Matthew Rosenquist, CISO at Eclipz.io; and Gary Sorrentino, Global Deputy CIO at Zoom. These executives will share a variety of perspectives on how work will be done going forward, where we work from, how we work and what this is all going to look like.
To learn more about this webinar and to register for the event, click here.
To learn more about HMG Strategy’s distinctive executive webinars, click here.
ABOUT HMG Strategy
HMG Strategy is the world's leading digital platform for connecting technology executives to reimagine the enterprise and reshape the business world. Our regional and virtual CIO and CISO Executive Leadership Series, authored books and Digital Resource Center deliver unique, peer-driven research from CIOs, CISOs, CTOs and technology executives on leadership, innovation, transformation and career ascent. HMG Strategy offers a range of peer-driven research services such as its CIO & CISO Executive Leadership Alliance (CELA) program which bring together the world’s top CIOs, CISOs and technology executives to brainstorm on the top opportunities and challenges facing them in their roles.
HMG Strategy also produces the HMG Security Innovation Accelerator Panel, a new webinar series that’s designed to connect enterprise CISOs and security leaders with the most innovative cybersecurity companies from across the world.
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White House slams Russia over ransomware attack on JBS
By Chuck Abbott, Successful Farming
Agriculture.com - 6/2/2021
President Biden will meet President Vladimir Putin as planned on June 16 “as a vital part of defending America’s interests,” said a White House spokeswoman on Tuesday, after holding Russia culpable for the ransomware attack that crippled meatpacker JBS. “The White House is engaging directly with the Russian government on this matter and delivering the message that responsible states do not harbor ransomware criminals.”
JBS, the world’s largest meat processor, was hit by the attack in North America and Australia, but it said “the vast majority of our beef, pork, poultry, and prepared foods plants will be operational” on Wednesday, given the progress of its cyber-security teams. “Our systems are coming back online, and we are not sparing any resources to fight this threat,” said Andre Nogueira, chief executive of JBS USA…
… In conversations with administration officials, JBS said the ransom demand came from a criminal organization likely based in Russia, said White House deputy press secretary Karine Jean-Pierre.
If so, it would be the second attack by criminal hackers operating in Russia to affect the United States in the past four weeks...
Experts React: On JBS Foods Hack Must Prompt Supply Chain Cyber Protection
Expert(s): Stuart Reed, Chris Grove, Miles Tappin, Rashid Ali, John Vestberg, Garret F. Grajek, Jonathan Jackson, Max Anderson, Mark Stamford
via isBuzzNews - June 2, 2021
The world’s largest meat supplier, JBS Foods, has been hit by a cyber-attack, the latest in a string of high-profile international hacks which show no sign of slowing down.
Hackers have been crippling supply chains as a priority, following the Colonial Pipeline attack just weeks ago. Protecting these links between critical systems is vital, as cyber security experts explain below.. We can no longer underestimate the supply chain‘s importance or consider its security only as an afterthought. Companies must start protecting it with intelligent cybersecurity.
Experts Comments ...
REvil Ransomware Ground Down JBS: Sources
Lisa Vaas, Threat Post
June 2, 2021
Responsible nations don’t harbor cybercrooks, the Biden administration admonished Russia, home to the gang that reportedly froze the global food distributor’s systems.
The cyberattack that flattened operations at JBS Foods over the weekend was indeed a ransomware strike, the global food distributor has confirmed, with sources pointing to the REvil Group as the responsible gang.
Four people familiar with the matter who weren’t authorized to speak publicly told Bloomberg that the notorious Russia-linked hacking group is behind the attack against JBS SA. The REvil cyber gang also goes by the name Sodinokibi.
REvil is known for both audacious attacks on the world’s biggest organizations and suitably astronomical ransoms. In April, it put the squeeze on Apple just hours before its splashy new product launch, demanding a whopping $50 million extortion fee: a bold move, even for the notorious ransomware-as-a-service (RaaS) gang. The original attack was launched against Quanta, a Global Fortune 500 manufacturer of electronics, which claims Apple among its customers. The Taiwanese-based company was contracted to assemble Apple products, including Apple Watch, Apple Macbook Air and Pro, and ThinkPad, from an Apple-provided set of design schematics.
The JBS attackers targeted several servers supporting North American and Australian IT systems of JBS Foods on Sunday, according to a statement by JBS USA. JBS is a global provider of beef, chicken and pork with 245,000 employees operating on several continents and serving brands such as Country Pride, Swift, Certified Angus Beef, Clear River Farms and Pilgrim’s.
The “vast majority” of JBS Foods’ beef, pork, poultry and prepared foods plants will be operational by today, the company said on Tuesday...
White House Chides Russia ...
The Meat Industry’s Full of Sitting Ducks ...
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