As a Chief Information Security Officer (CISO), you have the enormous responsibility to safeguard your organization’s data. If you’re like most CISOs, your worst fear is receiving a phone call in the middle of the night from one of your information security team members informing you that the company’s data is being sold on popular hacking forums.

The SecurityScorecard Global Third-Party Breach Report uses the world’s largest proprietary risk and threat dataset to provide unique insights into the intricate web of supply chain vulnerabilities exploited by ransomware groups. As the digital landscape continues to evolve, so too do the tactics of cyber adversaries. Ransomware groups, in particular, have honed in on a prime target: the software supply chain.

When the pandemic hit in 2020, our world became chaotic overnight. Throughout the nation, individuals were met with layoffs or stringent checks—pushing the financials of families to their breaking points. Simultaneously, business organizations faced similar issues; because fewer bodies were allowed in the same area, production trickled to a minimum, niche clients limited their spending, and small businesses counted the days until their doors closed.

A data breach could ruin your business overnight. Imagine customer outrage as hackers leak the private details your company promised to protect. Are you prepared to deal with regulatory fines, lawsuits, costly investigations, disrupted operations, and destroyed trust while cybercriminals profit freely from stolen data? That’s the harsh aftermath companies face today following high-profile breaches.

A single account being phished caused millions of French healthcare policyholder records to be breached. I’ve said it before… it only takes one phish. And in the case of French payment processor, Malakoff Humanis, a single click enabled a cyber attack was the catalyst for a data breach that occurred earlier this month, according to their post on LinkedIn (press See Translation for a localized version of the post).

The financial consequences of a data breach can impact your organization in unprecedented ways. Entailing costly remediation measures and reputational damage, data breaches often amount to substantial monetary losses. But what factors contribute to the overall cost of a data breach? Calculating the financial cost of a data breach is a tricky process that includes estimating the total cost associated with all the consequences.

Based in Philadelphia, Pennsylvania, CGM is a nationwide cementitious vendor for industries and construction projects. They are a leader in manufacturing, labeling, and distributing custom cement and patching products. CGM also offers solutions for dry cementitious powders, construction liquids, and options for epoxy resins. At their physical facility, they process and package concrete construction products for their vast range of clients.

Patients with cardiovascular issues may appear in one of the Chattanooga Heart Institute (CHI) facilities in Tennessee and Georgia. The network features a substantial team of surgeons, specialists, and cardiologists. CHI provides a comprehensive approach to cardiac care, offering patients exceptional services when needed.

INTEGRIS Health is the largest non-profit healthcare network in Oklahoma and surrounding regions. The network includes medical and surgical centers, hospitals, emergency rooms, hospice options, addiction recovery programs, and a holistic approach to health and wellness. In November 2023, Integris discovered suspicious activity within their network environment; subsequent investigations have confirmed they were the target of a cyberattack that exposed 2,385,646 individuals.

On February 15th, the Cybersecurity and Infrastructure Security Agency (CISA) and the Multi-State Information Sharing & Analysis Center (MS-ISAC) issued an advisory highlighting the results of their incident response investigation into a state government organization’s network whose sensitive data including host/user details and other pertinent metadata were posted to the dark web.