Organisations who find their networks hit by a ransomware attack may soon have to disclose within 48 hours any payments to their extortionists. That’s the intention of the Ransom Disclosure Act, a new bill proposed by US Senator Elizabeth Warren and Representative Deborah Ross.
For 18 years, Cybersecurity Awareness Month has raised technology users’ awareness about the critical importance of cybersecurity and provided them with helpful resources to interact safely online. This year’s observance of Cybersecurity Awareness Month could not be more critical. It is estimated that more than 2,800 ransomware attacks take place each week—that adds up to more than 145,000 ransomware attacks per year.
A rising tide lifts all boats. This common phrase offers a perfect explanation of why strong supplier and partner relationships are essential to the success of your business. Partner programs come in all shapes and sizes, but not all provide the same value to you and your business. However, when you invest in developing key business collaborations, both your company and its suppliers can reap the rewards of your efforts.
The Nightfall blog is a knowledgebase for cybersecurity professionals with news and insights from the world of cloud security. Each week, we’re publishing new content to help you stay up-to-date on cybersecurity topics and to prepare you for the issues and threats that occur every day on the job.
Boards of Directors constantly need to be educated about and aware of their organizations’ cybersecurity posture. Regulations hold them responsible for decision-making and governance. Meanwhile, increased ransomware attacks pose a financial risk to their shareholders. To enhance the risk analysis, questions like these can provide visibility into the company’s strategy.
Financial services have developed at a breakneck pace, resulting in fierce competition among financial technologies. These services in the digital age must be characterized by three words: rapid, efficient, and intuitive. It is no longer necessary to wait in queues to speak with a bank teller. Consumers today want to manage their accounts using their smartphones, and banks want to earn their loyalty. What is the common ground? Using modern technologies to find new methods of doing things.
September confirmed some things we already knew about the current state of cybercrime: While undersecured corporate targets remain tempting targets for hackers, the situation is increasingly worse for data-rich organizations such as governments, schools, and healthcare facilities. All of those sectors had cause for concern as the month drew to a close.
When we discuss cybersecurity and the threat of cyber attacks, many may conjure up the image of skillful hackers launching their attacks by way of undiscovered vulnerabilities or using cutting-edge technology. While this may be the case for some attacks, more often than not, vulnerabilities are revealed as a result of careless configuration and inattention to detail. Doors are left open and provide opportunities for attacks.
