Presidents' Day is on Monday of next week and this isn’t lost on fraudsters and wire-transfer hackers. Once a wire has mistakenly been sent to the bad guy, each minute counts - the longer the delay the greater the chance they’ve been able to transfer your funds to an account that can’t be reached by the FBI. The added holiday adds an automatic delay that works to their advantage and even the most prepared organizations can fall victim.
Having the right technology should be part of your cybersecurity strategy – but it’s not the only part (and maybe not even the most important part). As an organization’s most valuable asset, investing in people to improve cybersecurity can provide a line of defense that’s tough to find from software or technology.
It can be overwhelming to think about budgeting for cybersecurity. Where do you start? What do you focus on? How do you know what you need most?
Just like one small crack in your foundation can lead to structural issues down the road, one small crack in your cybersecurity program can expose you to much greater risks later.