GAO: Potential Federal Cyber Insurance Program Should Avoid Moral Hazard The government watchdog highlighted the need for specific security requirements in recommending other relevant agencies explore the possibility of providing federal assistance to private sector entities following a catastrophic event. More

Energy Department cybersecurity office wants to check under the hood of key technology systems The Energy Department’s lead office for industry cybersecurity is partnering with key manufacturers in the U.S. energy sector and developing a testing regime for critical systems, as it looks to ensure the transition to renewable energy is underpinned by secure technologies. More

Adding financial value to business by ISO and Certifications I recently started a leadership talk on Cybersecurity Security and Business value, and it made me think back to my first weeks on the job and what I would tell me “then”, knowing what I know now. More

Russia Might Try Reckless Cyber Attacks as Ukraine War Drags On, US Warns Ground commanders have been unable to capitalize on at least one previous cyber strike. More

How to reframe the cybersecurity conversation for elected officials Cybersecurity teams can use an emergency management framework to prepare elected officials to respond to and communicate about a cyber incident. More

Biden Administration Releases New IT Modernization Plan The White House Office of Management and Budget plans to prioritize cybersecurity and data decision-making via federal funding. More

Crypto Industry Insiders Support Better Public-Private Collabs To Prevent Major Ransomware Attacks A panel of leaders in the digital asset industry discussed helpful legal frameworks to prevent illegal crypto financing while supporting market activity. More

Lawmakers Want to Know How Much Bad Software Costs DOD When the House Armed Services Committee begins its markup process of the annual defense authorization bill on June 8, look out for a provision asking the Pentagon to account for wasted money and lost productivity caused by poorly performing software. More

FBI, DOJ Seize Website Addresses, Associated Illegal Data Sales, Hacking Services Federal law enforcement agencies have seized several internet domain names in pursuit of an international investigation into websites that permit users to buy stolen personal data and information or hack other networks. Announced on Wednesday, the domain names OVH Booter, WeLeakInfo and IPStress.in have all been procured by the Federal Bureau of Investigation and Department of Justice with a seizure warrant issued by a U.S. District Court for the District of Columbia. More

DoD tells industry how it will handle cost of inflation As the nation is still in the midst of decades-high inflation, the Defense Department is advising its industry partners on who will be shouldering the burden of increased costs in existing contracts. The Pentagon released clarifying guidance explaining how it will specifically handle cost differences in different contract agreements. More