Business confidence in South Africa fell to a 9-month low in July after civil unrest plunged the country into a week-long disruption of supply chains and violence.
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Biden administration officials sought to reassure lawmakers that action was being taken to address cyberattacks, as the federal government has made confronting cyber threats a major priority amid the ongoing breaches.
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Efforts include the establishment earlier this year of an interagency task force to confront ransomware attacks, and President Biden
Other steps have included the TSA issuing two security directives in the months since the Colonial Pipeline attack intended to increase pipeline cybersecurity.
Pekoske testified to the Commerce Committee that 100 percent of the owners and operators of critical pipelines have complied with requirements in his agency’s first security directive issued in May. The order required pipeline companies to report cyber incidents within 12 hours, among other issues.
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DOJ, FBI Officials Push For Ransomware Reporting Law
Law360 (July 27, 2021, 4:54 PM EDT) Top cybersecurity officials at the U.S. Department of Justice and FBI on Tuesday urged Congress to pass a bill ordering ransomware victims to report attacks to authorities, amid a cybercrime spree that has hit hospitals, schools and a critical U.S. fuel pipeline. Without prompt reporting, investigative opportunities are lost, our ability to assist other victims facing the same attacks is degraded, and the government and Congress does not have a full picture of the threat facing American companies, Deputy Assistant Attorney General Richard Downing told lawmakers during a U.S. Senate Judiciary Committee hearing.