NIST plans next year to clarify certain provisions in its cybersecurity framework. "Just to be clear, we're not headed toward a version 2.0 right now," Program Manager Matt Barrett explains in an interview. "We're headed to something that's more like a 1.1."

This ISMG Security Report features a discussion of the impact on the global financial services industry of the SWIFT-related theft of $81 million from Bangladesh's central bank and similar thefts. You'll also hear reports on making IT systems more trustable and national governments' spending on cybersecurity.

In this special edition of the ISMG Security Report, a panel of top cybersecurity thought leaders analyzes the value of the Obama administration's cybersecurity framework and its long-term impact.

Executive recruiter Bill Liguori helps many organizations find CISOs. What skills are these companies looking for today? Find out in this in-depth interview.

Don't blame a lack of information security standards, security products or cybersecurity competence for the failure of breach defenses. In many cases, the culprit is design and implementation flaws in IT products, Robert Bigman, former CIO at the CIA, contends.

ISMG editors, in a special report, examine the status of data breach notification laws in a number of regions, including the European Union, which this past week implemented the General Data Protection Regulation, although enforcement won't take place for two years.

Financial fraud expert Avivah Litan, a Gartner analyst, says the SWIFT-related heists, which have defrauded banks out of millions of dollars in recent weeks, are not cause for "the sky is falling" alarm. She recommends key security steps to prevent further such incidents.

Start preparing immediately for the EU's new General Data Protection Regulation - even though it doesn't go into force for two more years - because it mandates a number of new privacy and security requirements, warns cybersecurity expert Brian Honan.

The U.S. Congress delves into the issue of whether CISOs should report to CIOs, a topic that leads the Friday, May 27, 2016, edition of the ISMG Security Report, an on-demand audio report offered every Tuesday and Friday.

Stu Sjouwerman, CEO of KnowBe4, has seen first-hand the devastating impact of ransomware on healthcare entities. And he knows traditional defenses aren't enough to ward off attackers. What's needed is a whole new approach to user education.