Negligent or malicious behavior by those who have legitimate access to your systems can be more devastating to your company than the efforts of outside attackers. The 2023 Cost of Insider Risk Global Report by the Ponemon Institute shows that cybersecurity incidents caused by insiders through negligence, credential theft, and malicious intent had an average cost per incident of $505,113, $679,621, and $701,500, respectively.

Boeing recently confirmed that in October 2023, it fell victim to an attack by the LockBit ransomware gang, which disrupted some of its parts and distribution operations. The attackers demanded a whopping $200 million not to release the data they had exfiltrated. On Wednesday, Boeing admitted it was the company described as the "multinational aeronautical and defense corporation headquartered in Virginia" in a recently unsealed U.S. Department of Justice indictment.

According to Gartner, the global market for cloud infrastructure services increased by 30% in 2022, exceeding $100 billion for the first time. AWS and Azure account for almost two-thirds of this figure. While many organizations benefit from these platforms, the popularity of the cloud can also present significant security challenges.

Third-party data breaches are growing in prominence across the healthcare sector. In 2022, 55% of healthcare organizations suffered a third-party data breach, exposing the personal healthcare data of millions of individuals to malicious actors. To combat this, healthcare organizations must implement third-party risk management strategies as part of HIPAA requirements to protect patient data and prevent these devastating data breaches.

Recently, the Department of Defense shook up the entire defense industrial base with the release of a memo titled “Federal Risk and Authorization Management Program Moderate Equivalency for Cloud Service Provider’s Cloud Service Offerings.” The memo, aimed at FedRAMP contractors and the CSPs they work with, clarifies the concept of equivalency and what it means to be equivalent to the FedRAMP/CMMC Moderate control standard.

The content of this post is solely the responsibility of the author. LevelBlue does not adopt or endorse any of the views, positions, or information provided by the author in this article. As a high school student interested in exploring the connection between technology and nature, I was curious to find out how the natural world inspires modern technological advances. My research journey started with some basic Google searches and reading through articles on biomimicry.

Manual deployment of Docker containers on multiple servers can be highly time-consuming, monopolizing the schedule of any system administrator charged with the task. In the modern IT industry, the popularity of clouds, microservices and containers continues to grow, and for this reason, solutions such as Kubernetes were developed.

We’re excited to introduce the newest version of BDRCloud, version 7.1.0. With our latest release, BDRCloud v7.1.0, we’ve brought forth a range of features and enhancements tailored to tackle specific challenges and enrich your data backup and recovery processes.