Business of Tech: Daily 10-Minute IT Services Insights

NIST Vulnerability Processing, Live Nation Breach, Open Data Formats, Cybersecurity Gender Disparity

Jun 4, 2024

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The National Institute of Standards and Technology (NIST) has taken steps to accelerate the processing of software and hardware vulnerabilities in the National Vulnerability Database by awarding a new contract to an outside vendor. This move aims to clear the backlog of unanalyzed vulnerabilities by the end of the fiscal year, demonstrating a commitment to cybersecurity.

However, amidst this positive development, the closure of the Affordable Connectivity Program (ACP) poses a threat to internet access for nearly 60 million low-income Americans. The lack of funding has led to the discontinuation of the program, leaving many households in financial distress. Efforts to extend the program through bipartisan legislation have stalled, highlighting the importance of government support in ensuring equitable access to essential services.

On the cybersecurity front, the dismantling of the 911 S5 proxy botnet, the world's largest, and the arrest of its administrator in Singapore, Yun-Hee Wang, showcases international efforts to combat cybercrime. The botnet, which conducted various illicit activities, underscores the ongoing challenges in cybersecurity and the need for robust measures to protect against such threats.

Furthermore, the episode delves into the gender disparity in the cybersecurity workforce, with only 20-25% being female. Factors contributing to this gap include unconscious bias and a lack of female role models. The discussion emphasizes the importance of addressing these issues through strategies such as unconscious bias training, diversifying recruitment efforts, and providing support for women in cybersecurity roles to foster a more inclusive and diverse industry.

Four things to know today

00:00 NIST Accelerates Vulnerability Processing as ACP Closure Threatens Internet Access for Millions

02:28 Live Nation Breach Highlights Growing Cybersecurity Concerns as 83% of Firms Plan Budget Increases

04:11 Open Formats Transform Data Industry: Snowflake, Databricks, and the Future of Cloud Services

05:26 CompTIA Data Highlights Cybersecurity Gender Disparity: Strategies for Recruitment and Retention

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