Risk analysis is defined as the process of identifying, reviewing, and analyzing any existing or potential cybersecurity risks that could negatively impact a business. Performing a cybersecurity risk analysis helps your company identify, manage, and safeguard data, information, and assets that could be vulnerable to a cyber attack. Such an analysis helps to identify systems and resources, determine the risk, and create a plan for security controls that can help protect your company.
Our first breach report of 2024 concerns Boston’s retired Fallon Ambulance Service (FAS). When operating, FAS was a medical transcription company serving emergency services and other affiliated companies. Transformative Healthcare (TH) oversaw FAS as a support component of their telephone services. TH absorbed FAS in December 2022 but retained patient data in compliance with their legal obligations.
Bunker Hill Community College (BHCC) serves a population of about 13,000 across two campuses and dispersed locations. BHCC offers over 100 degrees, including arts, sciences, business, health, law, and STEM opportunities. In May 2023, BHCC experienced a ransomware event—officials responded by taking their systems offline—but the threat was successful nonetheless. The assailants stole an estimated 195,588 records in their attack.
As 2023 comes to a close, we’re happy to report that we’ve had a successful year full of powerful product advancements and notable third-party recognition.
Working from home (WFH) has brought with it advantages such as flexibility and access to global talent, but it has also introduced new security threats to organizations. The shift to a remote or hybrid workforce has forced companies to adopt more software-as-a-service (SaaS) applications, which has caused almost 40% of companies to lose control of their IT and security environments, according to data from a Cloudflare study.