InfoSecBulletin Cybersecurity for mankind
China proposed a four-tier classification to respond to data security incidents, showing its concern about data leaks and hacking in the country.
The plan is due to increased tensions with the United States and its allies. It follows an incident where a hacker claimed to have gotten a large amount of personal information on one billion Chinese from the Shanghai police.
Memory-Dump-UEFI
Researcher dumping memory to bypass BitLocker on Windows 11
CVE-2024-49112
PoC Exploit Released for Zero-Click vulnerability in Windows
Financial Threat Assessment 2024
BCSI marks Bangladeshi 28 banks high, 10 medium for cyber attack
Misconfigured Kubernetes RBAC in Azure Airflow Could Expose Entire Cluster
US Treasury says it was hacked by China via third party: Beijing denies
PoC Exploited Released for Oracle Weblogic Server Vul
Microsoft warn dev urgently to update .NET installer link
Look back; The Worst Hacks of 2024
HIPAA to be updated with new cybersecurity regulations, White House
New NGate Trojan Drains Bank Accounts via ATMs
ALSO READ:
5 Islamic banks risk of being frozen out of certain transactions
China’s Ministry of Industry and Information Technology (MIIT) published a detailed draft plan laying out how local governments and companies should assess and respond to incidents.
The plan is seeking public opinions. It suggests a four-tier, color-coded system based on the level of harm to national security, a company’s online and information network, or the functioning of the economy.
Incidents will be considered “especially grave” if they cause losses over 1 billion yuan ($141 million) and affect the personal information of more than 100 million people, or the “sensitive” information of over 10 million people. In these cases, a red warning must be issued.
According to the plan, when there are red or orange warnings, the companies and local regulatory authorities must create a 24-hour work schedule to handle the incident. They also need to inform MIIT of the data breach within ten minutes of it happening, along with other actions.
“If the incident is judged to be grave… it should be immediately reported to the local industry regulatory department, no late reporting, false reporting, concealment or omission of reporting is allowed,” MIIT said.
