Friday Five: Water Sector Attacks, a Bill Targeting Data Brokers, & More

WHITE HOUSE, EPA WARN WATER SECTOR OF CYBERSECURITY THREATS BY CHRISTIAN VASQUEZ

The White House and Environmental Protection Agency (EPA) alerted U.S. governors to rampant cyberattacks on water systems, urging increased resources for protection. In response to these attacks, the EPA scheduled a meeting this past Thursday with state officials with the goal of bolstering defenses and establishing a water sector cybersecurity task force. Notable threats include attacks by Volt Typhoon and the Cyber Av3ngers, emphasizing the necessity of basic cybersecurity measures. Although the EPA previously attempted stricter cybersecurity rules, legal challenges halted progress. Experts highlight the sector's underfunding and advocate for additional resources.

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RANSOMWARE’S APPETITE FOR US HEALTHCARE SEES KNOWN ATTACKS DOUBLE IN A YEAR BY MARK STOCKLEY

In the wake of massive ransomware attacks that have halted billions in payments and jeopardized patient care, healthcare has undoubtedly become a prime target for cybercriminals, with ALPHV being just one of many groups exploiting vulnerabilities. In the past year alone, attacks on US healthcare have surged by 137%, with 36 different ransomware groups involved. The US healthcare sector, with its vast data holdings and financial stakes, is a lucrative target, akin to critical infrastructure. Comparisons are drawn to the swift response seen in previous attacks on critical infrastructure, suggesting a need for similar urgency and vigilance in protecting healthcare systems.

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HOUSE ADVANCES BILL EMPOWERING FTC TO PUNISH DATA TRANSFERS TO FOREIGN RIVALS BY DAVID DIMOLFETTA

The U.S. House of Representatives passed the Protecting Americans’ Data from Foreign Adversaries Act this past week, aiming to penalize data brokers who sell sensitive information to foreign adversaries like China. The bill, introduced in response to a recent executive order, grants the FTC authority to seek civil penalties of at least $50,000 for such actions. It covers data such as genetic info, biometrics, financial accounts, and health records. The measure, unanimously endorsed by both parties, now moves to the Senate. Lawmakers emphasize the need to safeguard national security and individual privacy, particularly for servicemembers, against exploitation by foreign entities.

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WORLD’S FIRST GLOBAL AI RESOLUTION UNANIMOUSLY ADOPTED BY UNITED NATIONS BY BENJ EDWARDS

The United Nations General Assembly unanimously approved a landmark global resolution on AI, focusing on safeguarding personal data, enhancing privacy policies, and upholding human rights. Although nonbinding, it marks a significant step towards establishing international guidelines for AI ethics and sustainability, aiming to address concerns about AI's potential negative impacts on democracy, security, and employment. Despite anticipated resistance, successful negotiation resulted in a balanced agreement that promotes development while safeguarding human rights. This initiative joins other international efforts to shape AI development and regulation, including agreements like the Bletchley Declaration and forthcoming regulations in Europe.

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