Data theft is a major cybercrime whose growth has been fuelled by rapid digital advancements in recent years. It involves the illegal storage or exfiltration of data or financial information. This can include passwords, algorithms, software code, proprietary technologies, or other sensitive data. To help you better protect your organization against data theft, this article will discuss what data theft is, how it occurs, and how you can prevent it.
Governance, Risk, and Compliance (GRC) is a broad organizational strategy that aims to align an entire organization’s focus on the achievement of business objectives, the management of business risks, and regulatory compliance. A solid foundational framework enables your organization to continue strengthening and refining its GRC strategy over time. It ensures each department’s objectives align with the business as a whole.
Privileged access management is a package of cybersecurity strategies and access management tools used for controlling, monitoring, and safeguarding users with privileged access permissions. PAM is widely regarded by analysts and IT teams as a valuable and critical cybersecurity platform, as it's able to achieve high-security ROI.
A web application firewall is a network security solution for commercial use that protects servers from potential cyber attacks that can exploit a web application’s vulnerabilities.
Executive reporting in cybersecurity is important because it keeps business leaders and stakeholders informed about the progress of cybersecurity initiatives, allowing them to track cybersecurity alignment against overarching company goals.
Cyberattacks are growing in prevalence and sophistication, and so are the damage costs associated with these events. According to a 2022 cost of data breach report, the average damage cost of a data breach has reached a record high of USD 4.35 million. Provoked by increased data breach damage costs, a growing number of US businesses are partnering with Cybersecurity Insurers, who, in turn, respond to this increased demand by inflating cyber insurance premiums.
Identity theft is a serious problem that can have a lasting impact on your life. If your identity is stolen, it can be used to open new accounts, make purchases, and commit other crimes. The impact of identity theft can be devastating, but there are steps you can take to protect yourself. In this post, we'll discuss what identity theft is and how you can prevent it from happening.
The Health Insurance Portability and Accountability Act of 1996 (HIPAA) is a United States Federal Law designed to protect sensitive patient information from unauthorized disclosure, either through accidental data leakage or the result of a planned cyberattack.
Organizations of all sizes that store, process, or transmit credit card data must comply with PCI DSS (Payment Card Industry Data Security Standards). The PCI standard’s 12 principal requirements can prove challenging for organizations to achieve and maintain, especially those in the highly-regulated financial industry. An upcoming PCI compliance audit may be cause for concern for many organizations, who are left scrambling to ensure their cybersecurity practices are up to scratch.