U.S. Derivatives Regulator Adopts Cybersecurity Rules

Sept. 8 — U.S. derivatives regulators are expanding cybersecurity requirements for platforms that execute and clear swaps as part of a broader effort to protect markets against meltdowns. Commodity Futures Trading Commission members voted Sept. 8 to approve new testing requirements for derivatives clearing organizations and some designated contract markets, as well as the swap execution…

Obama Appoints Federal Chief Information Security Officer

The Obama Administration today appointed Brigadier General Gregory J. Touhill as the first Federal Chief Information Security Officer. The White House statement said the appointment of a federal CISO is a “key feature” of the White House’s Cybersecurity National Action Plan that it announced in February (27 PRA, 2/10/16). As CISO, Touhill will “drive cybersecurity…

Austria Probes Alleged Turkish Cyberattack on Vienna Airport

Austrian police investigating a failed cyberattack on Vienna’s airport say they are looking into the authenticity of a claim of responsibility from a Turkish nationalist group. The hacker group “Aslan Neferler Tim” or “Lion Soldiers Team” says it launched last week’s attack in response to the “racism” of airport authorities. The group’s tweet was alluding…