According to a report published by the FBI Internet Crime Complaint Center (IC3), losses resulting from attacks against business emails are 64 times more damaging than ransomware when measured by dollar amount losses. Phishing and email data breaches can be particularly damaging in the health sector. Regulatory authorities and oversight bodies are incredibly stringent when enforcing compliance measures designed to protect sensitive medical and patient data.
Fintech, short for ‘financial technology, is the application of new technological advancements to products and services in the financial industry. The Fintech industry is rapidly evolving, driven in part by the adoption of new technologies such as artificial intelligence and blockchain-powered assets. Currently, the Fintech market is projected to reach $190 billion by 2026, growing annually by 13.7%.
As more and more businesses adopt cloud computing services for their operations, the threat against cloud infrastructure is also increasing. AWS, the huge cloud service provider in the market, provides many security features to secure the cloud structure and customer data. It is essential to understand the service provider’s security policy before adopting it for the business.
Since my previous blog CMMC Readiness was published in September 2021, the Department of Defense (DoD) has made modifications to the program structure and requirements of the Cybersecurity Maturity Model Certification (CMMC) interim rule first published in September 2020. CMMC 2.0 was officially introduced in November 2021 with the goal of streamlining and improving CMMC implementation.
This month, Egnyte is excited to introduce the start of a redesign to its UI, productivity improvements around shortcuts and the API, new offerings for Advanced Privacy & Compliance and CMMC, continued improvements in governance, and a whole host of new features around course management in the Quality Document Management module for Life Sciences.
