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In the News

What it takes to win your first CIO role

July 31, 2024

The article highlights the evolving requirements for modern IT leadership through the career paths of notable figures like Joy Brown, Vikram Nafde, and Annie Baymiller. Joy Brown's journey at Boston Medical Center underlines the importance of holistic tech and business acumen, encompassing digital, AI, and P&L responsibilities. Vikram Nafde's customer-centric approach at Webster Bank emphasizes the necessity of understanding enterprise strategy and relationship-building. Annie Baymiller’s trajectory at Owens Corning demonstrates the value of mentorship and a structured development plan. Additionally, training programs like the CXO Connect Global CIO Certification Program are noted for preparing future CIOs by focusing on strategy, soft skills, and executive management beyond technical expertise. Brown's experience underscores the necessity of networking and clear communication of career goals within and outside organizational leadership to attain top IT roles.

What it takes to win your first CIO role cio.com

Read More

Hackers exploit VMware vulnerability that gives them hypervisor admin

July 31, 2024

Microsoft has urged VMware ESXi hypervisor users to address the CVE-2024-37085 vulnerability, which is exploited by ransomware groups to gain full administrative control over servers. Threat groups including Storm-0506 and Octo Tempest have used this flaw in post-compromise attacks to encrypt file systems and disable servers. The vulnerability allows any domain group named "ESX Admins" to automatically receive admin privileges, a flaw recently patched by VMware. Attackers have leveraged this in escalating privileges and deploying ransomware like Black Basta. Administrators are advised to prioritize patching this vulnerability and monitoring for suspicious domain group modifications.

Hackers exploit VMware vulnerability that gives them hypervisor admin arstechnica

Read More

CISO's: Connecting with your board of directors

July 31, 2024

A cybersecurity leader's effectiveness is closely tied to their relationships with key business leaders such as the CIO, General Counsel, Head of Internal Audit, CFO, and CEO, as well as with the board of directors. The evolution of the role now often requires regular reporting to the board, especially in high-risk industries. Support from the board can influence senior leadership decisions on investment and priorities and establish organizational tone from the top. Key strategies for building a strong board relationship include understanding the board's oversight role, knowing each member's background, speaking their language, providing clear information on risks and actions, and using real examples to build credibility. Regularly updating and seeking feedback from the board, and engaging in activities like tabletop exercises, can deepen this critical relationship and enhance cybersecurity efforts.

Connecting with your board of directors paulconnelly https://paulconnelly.substack.com

Read More

Apple Delays AI Features for New iPhone and iPad Software Updates

July 31, 2024

**Apple Delays AI Features for New iPhone and iPad Software Updates**

Apple has delayed the release of its new AI features, Apple Intelligence, for iPhone and iPad software until October, post the September launch of iOS 18 and iPadOS 18. Developers will access early versions via iOS 18.1 and iPadOS 18.1 betas. This delay aims to ensure stability and smooth consumer rollout, especially for advanced features like a revamped Siri. Meanwhile, competitors like Microsoft and OpenAI are advancing their AI capabilities. Regulators globally are scrutinizing AI industry practices to address potential antitrust concerns.

**Maverick COO Says Embedded Finance Drives Growth and Personalization in Digital Ecosystems**

Ben Griefer, COO of Maverick Payments, highlights the transformative impact of embedding financial services into digital ecosystems. This integration not only adds value to platforms but also boosts revenue. Historically challenging, embedded finance is now more accessible due to advanced technologies, leading to its adoption in various sectors. By leveraging customer data, businesses can offer personalized financial products, enhancing customer loyalty and satisfaction. Scalability remains a key advantage, allowing businesses to use established payment infrastructures while focusing on their core services. Griefer predicts continued growth and integration

Apple Delays AI Features for New iPhone and iPad Software Updates PYMNTS

Read More

What it takes to win your first CIO role

July 31, 2024

The article highlights the evolving requirements for modern IT leadership through the career paths of notable figures like Joy Brown, Vikram Nafde, and Annie Baymiller. Joy Brown's journey at Boston Medical Center underlines the importance of holistic tech and business acumen, encompassing digital, AI, and P&L responsibilities. Vikram Nafde's customer-centric approach at Webster Bank emphasizes the necessity of understanding enterprise strategy and relationship-building. Annie Baymiller’s trajectory at Owens Corning demonstrates the value of mentorship and a structured development plan. Additionally, training programs like the CXO Connect Global CIO Certification Program are noted for preparing future CIOs by focusing on strategy, soft skills, and executive management beyond technical expertise. Brown's experience underscores the necessity of networking and clear communication of career goals within and outside organizational leadership to attain top IT roles.

What it takes to win your first CIO role cio.com

Read More

Hackers exploit VMware vulnerability that gives them hypervisor admin

July 31, 2024

Microsoft has urged VMware ESXi hypervisor users to address the CVE-2024-37085 vulnerability, which is exploited by ransomware groups to gain full administrative control over servers. Threat groups including Storm-0506 and Octo Tempest have used this flaw in post-compromise attacks to encrypt file systems and disable servers. The vulnerability allows any domain group named "ESX Admins" to automatically receive admin privileges, a flaw recently patched by VMware. Attackers have leveraged this in escalating privileges and deploying ransomware like Black Basta. Administrators are advised to prioritize patching this vulnerability and monitoring for suspicious domain group modifications.

Hackers exploit VMware vulnerability that gives them hypervisor admin arstechnica

Read More

CISO's: Connecting with your board of directors

July 31, 2024

A cybersecurity leader's effectiveness is closely tied to their relationships with key business leaders such as the CIO, General Counsel, Head of Internal Audit, CFO, and CEO, as well as with the board of directors. The evolution of the role now often requires regular reporting to the board, especially in high-risk industries. Support from the board can influence senior leadership decisions on investment and priorities and establish organizational tone from the top. Key strategies for building a strong board relationship include understanding the board's oversight role, knowing each member's background, speaking their language, providing clear information on risks and actions, and using real examples to build credibility. Regularly updating and seeking feedback from the board, and engaging in activities like tabletop exercises, can deepen this critical relationship and enhance cybersecurity efforts.

Connecting with your board of directors paulconnelly https://paulconnelly.substack.com

Read More

Apple Delays AI Features for New iPhone and iPad Software Updates

July 31, 2024

**Apple Delays AI Features for New iPhone and iPad Software Updates**

Apple has delayed the release of its new AI features, Apple Intelligence, for iPhone and iPad software until October, post the September launch of iOS 18 and iPadOS 18. Developers will access early versions via iOS 18.1 and iPadOS 18.1 betas. This delay aims to ensure stability and smooth consumer rollout, especially for advanced features like a revamped Siri. Meanwhile, competitors like Microsoft and OpenAI are advancing their AI capabilities. Regulators globally are scrutinizing AI industry practices to address potential antitrust concerns.

**Maverick COO Says Embedded Finance Drives Growth and Personalization in Digital Ecosystems**

Ben Griefer, COO of Maverick Payments, highlights the transformative impact of embedding financial services into digital ecosystems. This integration not only adds value to platforms but also boosts revenue. Historically challenging, embedded finance is now more accessible due to advanced technologies, leading to its adoption in various sectors. By leveraging customer data, businesses can offer personalized financial products, enhancing customer loyalty and satisfaction. Scalability remains a key advantage, allowing businesses to use established payment infrastructures while focusing on their core services. Griefer predicts continued growth and integration

Apple Delays AI Features for New iPhone and iPad Software Updates PYMNTS

Read More
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Insights by Kate Gamble
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