Some organizations might think they’re saving money by not investing in proper cybersecurity solutions, but one data breach could bankrupt a company. In fact, the average cost of a data breach has reached an all-time high of $4.35 million, according to a 2022 report by IBM and the Ponemon institute. Companies must take measures to secure their data and avoid potentially dire financial consequences.
When you choose to work with a third party, there's always the risk that they will cause your business harm. The right tools can help you make better-informed decisions about the vendors you choose and spot problems before they occur. Third-party vendors are an important part of any business, but it's important for employers to understand what the risks are when working with these partners.
A focus of this year’s Cybersecurity Awareness Month theme – “See Yourself in Cyber” – are the simple actions that individuals and organizations can take to better protect themselves against cybercrime. Two of those steps are using strong passwords and enabling multi-factor authentication (MFA). It’s easy to see why.
Rclone is a data syncing tool often used by threat actors to exfiltrate data during a ransomware attack. Typically, the actors deploy Rclone after gaining remote access to the victim’s network. However, recently, Kroll experts have noted the use of Rclone in M365, using credentials stolen through network compromises or phishing attacks with minimal privileges to stealthily exfiltrate large amounts of SharePoint/OneDrive data.
Ransomware’s first documented attack was relatively rudimentary. It was delivered via floppy disk containing a malware program in 1989 that told its victims to pay $189 in ransom to a PO Box in Panama. Today ransomware criminals are significantly more sophisticated, thanks to advances in cyber methods and cryptocurrencies. Not all Ransomware is created equally. Like all malware, malicious codes vary in sophistication and modularity. As such, not all ransomware codes are made the same.
By Nate Smolenski In May, the National Institute of Standards and Technology (NIST) released the white paper, “Planning for a Zero Trust Architecture,” which illustrates how agencies can make this transition by leveraging the seven steps of the NIST Risk Management Framework (RMF): Prepare, categorize, select, implement, assess, authorize, and monitor.
