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Inadequate Cyber Resilience and More Findings From WEF's Global Risks Report 2025
Polarization within societies, escalating geopolitical tensions and the proliferation of generative AI tools have cemented misinformation and disinformation as the top global risk in a two-year outlook, according to the World Economic Forum's Global Risks Report 2025.

Greer on Adding Capabilities Adjacent to NDR, Using Channel Partnerships for Scale
New ExtraHop CEO Rob Greer sees massive potential in scaling the company's network detection and response platform globally. His strategy includes investing in international markets, enhancing channel partnerships and delivering value to large enterprises through seamless technology integration.

Also: CLS Global Pleads Guilty to Wash Trading
This week, Trump token making millions, Hester Peirce to lead a crypto task force, CLS Global pleaded guilty to wash trading, Upbit faced KYC violation charges, DCG's $38M settlement with the SEC, guilty plea in $100M theft, and the SEC accused Nova Labs of securities violation.

Exploring New Ways to Deliver and Measure Cybersecurity Awareness Programs
Regulations such as GDPR, HIPAA and CMMC have made security awareness training a staple of corporate security programs. But compliance is only part of the story. Organizations face an even deeper challenge: influencing employee behavior in ways that create a truly secure workplace.

7 Texas Health and Human Services Workers Fired in Incident Affecting 61,000 people
Authorities in Texas are investigating an insider incident at the Texas Health and Human Services Commission that led to the firing of seven employees, an investigation into hundreds of thousands of dollars in stolen funds and notification of a breach of personal information affecting 61,000 people.

HHS' Privacy Rule Update Limits Use, Disclosure of Reproductive Health PHI
A Biden administration HIPAA Privacy Rule that went into effect last June to restrict the disclosure of reproductive health information is being challenged in federal court by the attorneys general of 15 states. The AGs are asking a Tennessee federal court to overturn the rule.

House Homeland Security Committee Mulls Response to Volt Typhoon, Future of CISA
The United States needs to respond more aggressively to nation-state hacking, members of Congress heard Wednesday against a backdrop of changes, actual and planned, at the primary federal civilian cyber defense agency. "We need to call them out for this," said Rep. Michael McCaul, R-Texas.

Rao Replaces Bryan Palma, Who Combined McAfee Enterprise, FireEye to Form Trellix
Symphony Technology Group tapped Vishal Rao to take over as CEO of Trellix while continuing to serve as chief executive of sister company Skyhigh Security. The San Jose, California-based security vendor tasked longtime Cloudera and Splunk leader Rao with accelerating Trellix's market share.

'Humphrey' Meant so Streamline Civil Service Work Across Whitehall
The British government on Tuesday launched artificial intelligence-powered tools intended to help civil servants offer improved public service in a first step toward implementing a plan meant to transform the United Kingdom into a world AI leader.

Initiative Aims to Bolster Security of EU Member Hospitals, Healthcare Providers
The European Commission has a new action plan to strengthen cybersecurity of the hospitals and other healthcare providers in the European Union from rising cyberthreats and attacks. The plan includes a cybersecurity support center to offer guidance and other resources to the EU's health sector.

Series B Funding Round to Drive European Expansion, R&D and Automated Remediation
Mitiga, a cloud security firm, has secured $30M in Series B funding to expand its solutions for detecting and responding to threats in public cloud and SaaS environments. Funds will support European market entry and R&D into automated remediation tools, boosting security operations globally.

President Fulfills Campaign Promise to Pardon 'Dread Pirate Roberts,' Blames DOJ Abuse
On his second day in office, U.S. President Donald Trump pardoned Ross Ulbricht, founder of Silk Road, an online marketplace tied to over $200 million in illegal bitcoin transactions. Ulbricht has been in federal prison since 2015, sentenced to life with no possibility of parole.

Researchers Uncover Three Vulnerabilities, Urge Firmware Update
Attackers could chain critical vulnerabilities in industrial network switches to gain remote control to compromise automation systems, IoT devices and surveillance networks. Claroty's Team82 uncovered three flaws in WGS-804HPT switches manufactured by Planet Technology.

Elizabeth Warren Letter Probes Kennedy on His Plans if Confirmed As HHS Secretary
Senate confirmation hearings have not yet been set for President Donald Trump's pick to lead the U.S. Department of Health and Human Services. But that hasn't stopped at least one lawmaker from already firing off an extensive list of questions to Robert F. Kennedy Jr., including about HIPAA.

Hackers Using Valid Customer Credentials to Re-Encrypt S3 Objects
Amazon is urging its customers to deploy additional security measures to secure S3 buckets following reports of ransomware attacks targeting the platform. The company said mitigations prevented "a high percentage of attempts from succeeding."

Creating 'Schedule F' Is a Stated Trump Priority
Newly sworn in President Donald Trump's plan to revive policy from his first term that eases the firing of federal employees could disrupt workforce stability, with federal unions and experts warning that weakening federal civil service protections could weaken national security.

Also: Bringing AML and Fraud Programs Together; the Global AI Arms Race
In this week's update, ISMG editors discussed a U.K. proposal to mandate ransomware payment reporting, tackling financial crime by bringing together fraud and AML teams, and the global AI arms race as countries compete to lead innovation while balancing regulation and ethics.

Department of Treasury Imposes Sanctions
The U.S. federal government said Friday it's traced the source of Chinese hacker intrusions into telecom networks to a government contractor located in hacking hotbed Sichuan. The Department of Treasury imposed sanctions on the firm, Sichuan Juxinhe Network Technology.

Experts Say Biden's Cyber, Tech and AI Legacy Faces Uncertain Future Under Trump
President Biden’s tenure has been marked by significant efforts to tackle cybersecurity challenges, from the SolarWinds attack to Salt Typhoon, but experts say his legacy remains uncertain as the new administration faces tough decisions on upholding his initiatives.

Poland, Israel, Nvidia and Oracle Question Need for Restrictions
A decision by the Biden administration to limit international access to American-made advanced artificial intelligence chips is facing backlash from countries whose purchasing power the rule affects. New export controls seek to choke the supply of advanced chips to China.