Wed Feb-28-2024: Cybersecurity Framework 2.0 Unveiled, LockBit Comeback, KKR Acquiring VMWare ECU

Wed Feb-28-2024: Cybersecurity Framework 2.0 Unveiled, LockBit Comeback, KKR Acquiring VMWare ECU

On today's episode of the Business of Tech, key updates include the unveiling of Cybersecurity Framework 2.0 by the National Institute for Standards and Technology, addressing supply chain risks and introducing the govern function. Lockbit's resurgence and exploits targeting unpatched ConnectWise Screen Connect flaws are discussed. Additionally, KKR is set to acquire VMware's end-user computing business for $4 billion. The episode also delves into the Biden robocall incident and the implications of deepfake technology.

On today's episode of the Business of Tech, key updates include the unveiling of Cybersecurity Framework 2.0 by the National Institute for Standards and Technology, addressing supply chain risks and introducing the govern function. Lockbit's resurgence and exploits targeting unpatched ConnectWise Screen Connect flaws are discussed. Additionally, KKR is set to acquire VMware's end-user computing business for $4 billion. The episode also delves into the Biden robocall incident and the implications of deepfake technology.

Four things to know today

00:00 Cybersecurity Framework 2.0 Unveiled: NIST Addresses Supply Chain Risks, Introduces Govern Function

03:29 Lockbit’s Comeback and Unpatched ConnectWise ScreenConnect Flaws Exploited by Hackers

04:45 KKR Set to Acquire VMware's End User Computing Business for $4 Billion

07:37 From Deepfake to Deep Trouble: The Biden Robocall Incident Unfolds

 

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[00:00:00] It's Wednesday, February 28, 2024, and I'm Dave Sult.

[00:00:05] Four things to know today.

[00:00:07] Cybersecurity framework 2.0 unveiled.

[00:00:10] NIST addresses supply chain risks and introduces the govern function.

[00:00:14] Lockbits Comeback and Unpatched Connectwise Screen Connect flaws are exploited by hackers.

[00:00:19] KKR is set to acquire VMware's end-user The updated framework adds a sixth function, governed, and addresses supply chain risks.

[00:01:42] It provides a reference tool, a searchable catalog, and references to help organizations

[00:01:46] implement the framework. This is a significant the too easy to exploit security vulnerabilities in ConnectWise Screen Connect to deploy ransomware and steal sensitive data. ConnectWise disclosed the flaws, an authentication bypass's ownership. KKR plans to focus on R&D, strategic partnerships, and employee ownership. The deal is expected to be finalized pending regulatory approvals.

[00:05:44] Compliance Scorecard and ConnectSecure have partnered partners to collaborate with Radware in enhancing their cyber defense offerings. Encrypt AI has raved $2.3 million in funding to build a visibility and security layer for generative AI and large language models. The platform, called Encrypt AI Sentry, aims to ensure the safety, reliability, and compliance of LLMs, reducing vulnerabilities,

[00:07:03] and addressing concerns around security and privacy.ocall was designed by Voice Broadcasting, an entity associated with LifeCo, which is under investigation. This is not the first time Cramer has used AI for such purposes, having previously

[00:08:23] created a robocall of Senator Lindsey Graham. C a question you want answered? We take those listener questions, send them, ideally as a voice member or video, to question at mspradio.com. I answer listener questions live each week on our Wednesday live show on YouTube and LinkedIn. Got a comment or a thought on a story? Put it in the comments if you're on YouTube, reach out on LinkedIn if you're listening to the podcast.

[00:09:43] I'll talk to you again tomorrow.