Cyberattacks have become more sophisticated, and they have the potential to cause severe disruption to service availability and financial loss to businesses. According to Gartner, IT downtime costs businesses $5,600 p/minute on average. For every business with an online presence, being able to serve user requests and deliver content in a secure, reliable, and speedy manner is critical. This is where content delivery networks (CDNs) come in.

Organizations must implement effective account protection measures or put themselves at heightened risk of data breaches and other serious cyber attacks, such as ransomware injections. Multi-factor authentication (MFA) is a crucial component of any organization’s cybersecurity program. MFA adds an additional layer of security, helping prevent hackers from gaining unauthorized access to sensitive data.

According to a recent survey from the Cloud Security Alliance, cloud issues and misconfigurations remain the leading causes of breaches and outages—and 58% of respondents report concerns about security in the cloud. Their worries are well-founded. Nearly every day, we see examples of a company’s sensitive data spilling out of leaky clouds.

Technological advances in the healthcare sector have led to increased interconnectivity and Cloud-based infrastructures in order to maintain physical distance due to COVID-19 and address the urgent need to deal with overwhelming patient volumes through online care. According to data from Global Markets Insights, the healthcare Cloud computing market was valued at over $29 billion in 2020 and is expected to be worth $79.3 billion by 2027, with a CAGR of 13.4%.

The Federal Trade Commission has recently updated the 2003 Gramm-Leach-Bliley Act ‘Safeguards Rule’ to create new standards and procedures that will apply to auto dealerships and go into effect in December 2022. The Safeguards Rule outlines the standards required for the protection of consumer data. The new updates create stricter criteria and procedures that car dealers will need to implement, both to reduce the risk of a data breach and to better protect customer data.

As the physical and digital worlds are coming together by the day, the need to protect our privacy and confidentiality is becoming more pivotal. Securing data is essential for everyone, including an organization, a person, or any digital entity. In the world of digital security, hashing and encryption are two important protection structures. Let’s keep encryption for another time and focus on hashing for today.

A well-thought-out incident response plan is no longer recommended – it’s critical. With the rate that cyber attacks are increasing – putting customer privacy at risk and forcing some businesses to close – it’s never been more important to educate your team on the risks, and help prepare your organization for the worst case scenario.

Splunk embodies the top 5 principles of unified security and observability, and has been an expert in log management, security, and observability for years.