Cybersecurity: Not Just for Techies Anymore
2024 Executive's Guide to Cybersecurity Preparedness
Topics: Cybersecurity, Vulnerability Assessment, Penetration Testing, Incident Response, Security Awareness Training
7 Things You Need to Establish Your Cybersecurity Plan
There’s no silver bullet when it comes to cybersecurity. But there are a few basics that nearly any organization – whether it’s a hospital, school, financial institution, government entity, or manufacturing plant – can put into place to get a start on their cybersecurity plan.
Topics: Incident Response, Security Awareness Training, security incident response, disaster recovery, cybersecurity plan, vCISO
No, Your IT Team Shouldn’t Manage Your Cybersecurity
If you were going to test the fault-points of a building, you wouldn’t hire the architect, you’d hire a demolitions expert. Similarly, you don’t want the designer of your network testing its security. If the team that configures your network does so incorrectly, they are most likely unaware. The creator of the environment has an inherent bias based on the angle from which they view it. They are blind to vulnerabilities, not necessarily because they are under-qualified, but because they are too close to the project. A security team has a “black box perspective”, which means they have the same outside view of the system that an attacker would. This outsider point of view is just one of the advantages a security expert has over an internal IT team. They also have the training, experience, time, and resources that would be impossible to lump in with a standard IT program.
Topics: Cybersecurity, Network Security, Information Security, Data Security, Data Ownership, Incident Response, cybersecurity plan
Managing Cyberthreats to the Banking Industry in 2023
As online and at-home banking options become more accessible, more online activity increases the risk of theft. Since 2021, IBM reported that the average cost of a breach rose from $4.24 million to $4.35 million.
Topics: Cybersecurity, Incident Response, SIEM, Risk Assessment, Banking, Escape Game
How to Prioritize Cybersecurity Before a Recession
Cybersecurity is one of the main factors to incorporate into your organization’s recession planning. One notorious online cybercriminal group, the Cobalt Cybercrime Gang, has been operating since 2013, completing over 100 heists totaling over EUR 10 billion in losses to the European financial industry. In a time when attackers are highly motivated and financial and reputational losses can have significant effects, it is crucial to have a clear picture and action plan regarding your cybersecurity posture.
With new threats emerging daily, it is essential to identify and address technical and operational risks proactively. Ensuring reliable and uninterrupted function of your operations during an incident means preparing for, protecting against, responding to, and recovering from a cyberattack.
A recession can occur unexpectedly with little to no warning and leave companies vulnerable to opportunistic and persistent threat actors. The two-fold impact of an economic downturn would be that companies reduce spending, often cybersecurity spending, and highly skilled individuals across the globe become desperate for income, possibly turning to “black hat” or malicious hacking. Successful cyberattacks lead to significant financial and reputational losses. Businesses need a mature cybersecurity program that is resilient to today’s complex and often uncertain threat environment.
Topics: Cybersecurity, vulerability assessment, Penetration Testing, Incident Response, vCISO, Recession