The internet of things (IoT) is a highly developed space that is home to a vast amount of sensitive data, making it a very attractive target for cybercriminals. Threats and risks continue to evolve as hackers come up with new ways to breach unsecured systems -- posing a threat to the ecosystem itself. Let’s take a look at the leading threats and risks to the IoT and the associated vulnerabilities that must be secured.
We all know how cyber security has become an increasingly important issue as the reliance on internet-connected devices has increased. This is why some companies are looking for third-party providers to handle their IT security needs to free up resources and reduce costs. Find out what you should be looking for in a provider, as well as why outsourcing cyber security can be a good option for some businesses.
When exploringhttps://securityscorecard.com/admin/entries/blog/154640?draftId=2332&fresh=1# top network security breaches, many think of the obvious: banks or large consumer institutions. However, healthcare organizations are on the rise as a top target for hackers, with the number of data breaches rising 36% in the second half of 2020.
When it comes to cybercrime, cybercriminals are constantly changing their tactics. Think back to 10 years ago; malware sites — malicious sites that attempt to install malware on a device – were a common attack vector. At the same time, sophisticated ransomware attacks on organizations were rare. Often, ransomware was used to target individuals, sometimes blackmailing them for having been on unsavory sites and asking for a few hundred dollars in ransom.
Everyone tracks progress. Whether it’s academics, health, or job skills, people need visibility into where they started and how well they’re advancing toward a goal. From a business perspective, tracking progress gives insight into whether the organization is prioritizing activities for long-term initiatives or whether it needs to take corrective action. Sometimes, the progress reports remain internal. Other times, organizations share them with customers and business partners.
The CISO of a large state agency shared with me the automated tools he used to mine intelligence about his IT suppliers, and their sub-suppliers and interconnections by way of vetting for security posture. He truly recognized the threat of third parties long before the SolarWinds hack. His due diligence sparked inspiration for this blog. Can a business assume that third party security controls are strong enough to protect their digital supply chains? What about cloud-based assets?
Although the Sarbanes-Oxley Act of 2002 (SOX) has been around for nearly two decades, many companies still struggle to meet compliance requirements. Initially enacted in response to public companies mishandling financial reporting, SOX is a compliance requirement for all public companies. Understanding SOX compliance, as well as its requirements and controls, helps organizations create more robust governance processes.
The recent flurry of supply chain attacks has left a trail of carnage spanning across the globe Because supply chain attacks compromise a higher number of victims with less effort, cybercriminals are unlikely to forgo this efficient attack method without a fight.
Threat intelligence provides valuable insight into contextual business risk. You can gain insight into threat actors targeting your industry or information from your organization located on the Dark Web. According to one report, 79% of security professionals find threat data feeds essential to their organization’s cybersecurity posture. Additionally, 63% of respondents noted that they use feeds to ensure a better defense.
The connected nature of business environments has increased the severity and frequency of cyberattacks in the insurance sector. Insurance companies face a greater threat than most industries because they deal with sensitive and valuable data stemming from numerous avenues. This has resulted in several high-profile cyberattacks on insurance providers over the past few years.
