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  • Biden just changed the game for AI security (5 major shifts)

Biden just changed the game for AI security (5 major shifts)

Mastercard's $700K bet on Canadian cybersecurity

President Biden's recent executive order lays out a roadmap for improving software security and embracing AI's potential in a bold move to fortify national cybersecurity. Here are some key takeaways:

Software Acquisition Change: New rules will enforce secure software development standards and require manufacturers to attest their compliance.

Open-Source Security Focus: Agencies are directed to adopt best practices and conduct security assessments for open-source software.

FedRAMP Enhancements: Cloud service providers will be incentivized to offer enhanced security baselines, ensuring better protection for federal data.

AI Integration: The order promotes leveraging AI to strengthen cyber defenses and calls for pilot programs in sectors like energy.

Treasury Pilot Program: A tech-driven initiative aims to prevent fraud in public benefit programs using real-time alerts.

These steps signify a significant shift in how federal agencies approach cybersecurity challenges, enhancing both resilience and accountability in the digital landscape.

Northeastern University is stepping up to tackle Canada’s pressing cybersecurity skills gap with an exciting new scholarship initiative backed by Mastercard!

• The nation faces a shortage of 25,000 cybersecurity professionals, jeopardizing the security of many small businesses.

• The partnership between Mastercard and Northeastern will allocate over $700,000 to boost research and support students from diverse backgrounds, particularly women and BIPOC individuals.

• Key components include the creation of the Mastercard Professorship Fund and the Mastercard Vancouver Scholarship, aimed at fostering important industry internships.

Steve Eccles, Dean of Northeastern University, emphasizes that the collaboration will equip students with hands-on experience while contributing to essential research in this rapidly growing sector. With the program engaging a total of 100 students over three years, this initiative paves the way for a new generation of cybersecurity talent ready to defend against digital threats and innovate solutions for Canada’s future.

In the rapidly evolving landscape of cybersecurity, measuring the ROI of AI-powered solutions is more crucial than ever. As organizations face an increase in cyber threats, the traditional methods of calculating ROI fall short. Here's what you need to know:

• Cybersecurity AI spending is projected to skyrocket from $24 billion in 2023 to $133 billion by 2030.

• New metrics for measuring ROI now include reductions in false positives, time saved on routine tasks, and faster incident response times.

• Organizations using AI-driven security measures saved an average of $2.2 million in breach costs.

Adopting a holistic approach—incorporating frameworks like the NIST Cybersecurity Framework—can help organizations accurately assess the impact of their investments. By focusing on key performance indicators like detection and response times, companies can better navigate the complex threat landscape while ensuring that their cybersecurity strategies are both effective and financially sound.

Keeping your family safe online is more important than ever in a world riddled with cyber threats. As the tech-savvy supporter for your extended family, you can arm them against online dangers with these five essential tips from cybersecurity expert Rich Mogull:

Encourage Mac Usage: Macs have secure default settings, making them user-friendly for less tech-savvy relatives.
Password Management: Have them keep a notebook of their passwords—simple and effective!
Utilize NextDNS: This service blocks malicious websites and trackers, adding an extra layer of protection.
Switch to Kagi: This ad-free search engine helps prevent scams when searching online.
Teach Key Knowledge: Ensure your family knows that no legitimate company will request sensitive info via phone or email.

With these strategies, you can transform into their cyber guardian and avoid tech-related crises!