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UK Finance Firms Told to Beef Up Buffers Against CrowdStrike-Like Events

October 31, 2024

LONDON (Reuters) - Financial companies in Britain must prepare to ensure they can deliver business services in "severe but plausible" scenarios, such as a global tech outage, to minimise any impact on consumers and markets, the markets regulator said on Thursday. In a statement outlining what lessons could be learned after U.S. cybersecurity firm CrowdStrike's botched software update caused global chaos in July, the Financial Conduct Authority (FCA) said unregulated third-party problems were the leading cause of operational incidents reported between 2022 and 2023. CrowdStrike's popular core technology, the Falcon platform, detects and ...

Delta Sues CrowdStrike Over Software Update That Prompted Mass Flight Disruptions

October 28, 2024

By David Shepardson WASHINGTON (Reuters) -Delta Air Lines on Friday sued cybersecurity firm CrowdStrike in a Georgia state court after a global outage in July caused mass flight cancellations, disrupted travel plans of 1.3 million customers and cost the carrier more than $500 million. Delta's lawsuit filed in Fulton County Superior Court called the faulty software update from CrowdStrike "catastrophic" and said the firm "forced untested and faulty updates to its customers, causing more than 8.5 million Microsoft Windows-based computers around the world to crash." The July 19 incident led to worldwide flight cancellations and hit indu...

Your Data, Your Control: Ensuring Your Data Is YOUR Data in Hotel Technology

Mike Pavicich | September 10, 2024

By Mike Pavicich | Director, Global Sales | SalesAndCatering.com In the modern, data-centric, tech-reliant hospitality industry, hotels depend heavily on third-party vendors to streamline operations, enhance guest service, and maximize profits and productivity. This dependency, however, introduces a vulnerability as it involves sharing sensitive data with these external partners.  Recent and many high-profile cybersecurity breaches have underscored the inherent risks in such arrangements, where hotels can be held accountable for any data breaches. Consequently, the critical task for hotels is to ensure that their data ownership remai...

Your Input Requested: Corporate Digital Responsibility Code for the Lodging Industry

HFTP | September 3, 2024

The importance of corporate digital responsibility has been pushed to the forefront with the many data breaches and the latest CrowdStrike incident. It is proven that even a cybersecurity technology company is not immune to problems and issues. To that end, HFTP  recently formed the Corporate Digital Responsibility (CDR) Task Force for the Lodging Industry. The aim is to establish a Hospitality Code of Digital Responsibility. Learn more about this project through this comprehensive article. To complete the project, the task force needs your help. We kindly invite you to complete a survey asking to rank a list of identified i...

Decentralized Identity Verification: A Privacy-First Approach to Hotel Data Security

YouVerse | August 30, 2024

Facial biometrics offers a promising solution for hotels seeking to streamline check-in processes and enhance guest experiences. It eliminates the need for traditional check-in procedures, such as presenting identification and filling out forms, speeding up the process and saving time for both guests and hotel staff. But how can hoteliers protect guest data from cyberattacks and ensure they meet the stringent privacy standards demanded by guests and regulation? A new approach to hotel data security and privacy Biometric verification offers a dual benefit in the hospitality industry: it enhances hotel data security while also improving ...

Meyer Jabara Hotels Offering IT Services & Support Across Its Portfolio and Beyond

Meyer Jabara Hotels | June 18, 2024

Hotel ownership and management group to design, procure, certify, manage, monitor, and maintain its hotels’ network infrastructure including cabling, guest/staff connectivity, cybersecurity, data backup/recovery, help desk support and more  [Danbury, Conn., June 18, 2024 — Meyer Jabara Hotels (MJH) is invested in technology – so much so that the company is taking on the role of technology support, help desk, and implementation for its portfolio of 32 hotels plus any other properties needing IT assistance on a project basis. With the goal of enabling guests and staff to communicate at the speed of business or faster, the hotel owner an...

Keynote Speakers and Agenda Confirmed for 2024 Retail and Hospitality ISAC Cyber Intelligence Summit

RH-ISAC | March 19, 2024

VIENNA, Va., March 19, 2024 -- The Retail and Hospitality Information Sharing and Analysis Center (RH-ISAC) announced that Rich Agostino, senior vice president and CISO at Target, Jayson E. Street, renowned social engineering expert, and Andy Greenberg, senior writer for WIRED, will be keynote speakers at the 2024 RH-ISAC Cyber Intelligence Summit. The annual event is the premier cybersecurity conference in the retail and hospitality sector and will take place April 9-11 in Denver. The agenda is now live. Rich Agostino is responsible for Target's cybersecurity and infrastructure organizations. He has extensive experience in ...

Phishing Attacks Are Increasing: These Steps Can Help Prevent Them

Fran Worrall | February 1, 2024

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