Aug 26th, 2021
TO: Chief Executive Officer of the Institution Addressed
FROM: Susannah T. Marshall, Bank Commissioner
RE: Cybersecurity Updates
DATE: August 26, 2021
Joint Treasury and DHS Ransomware Letter to Industry
Last week, Treasury Secretary Yellen and DHS Secretary Mayorkas issued a letter to the financial sector community regarding their concerns about the growing threat posed by malicious cyber actors and ransomware (see attached letter).
Cybersecurity and Infrastructure Security Agency (CISA) Issues Recommendations for Protecting Information from Ransomware-Caused Data Breaches
Last week, CISA released the Protecting Sensitive and Personal Information from Ransomware-Caused Data Breaches fact sheet. The fact sheet addresses the increase in malicious cyber actors using ransomware to exfiltrate data and then threatening to sell or leak the exfiltrated data if the victim does not pay the ransom. The fact sheet provides information for organizations to use in preventing and responding to ransomware-caused data breaches.
CISA encourages organizations to adopt a heightened state of awareness and implement the recommendations listed in this fact sheet to reduce their risk to ransomware and protect sensitive and personal information. Visit https://www.cisa.gov/stopransomware for additional ransomware resources