PROCIRCULAR BLOG

Educating your business on the importance of cybersecurity

How to Prioritize Cybersecurity Before a Recession

Posted by Tierney Robinson on Jul 28, 2022 3:08:13 PM

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.

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Topics: Cybersecurity, vulerability assessment, Penetration Testing, Incident Response, vCISO, Recession

When to Hire a vCISO: 3 Signs You Should Invest in Virtual CISO Consulting Services

Posted by Ty Hollins on Jun 1, 2021 10:58:25 AM

A virtual chief information security officer (vCISO) can bring both strategic and operational leadership on security to companies that can't afford a full-time person in an executive cybersecurity role. In the midst of today’s industry-wide shortage of skilled security workers, vCISO could be the best option for finding and retaining critical security leadership. 

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Topics: Cybersecurity, vCISO

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