In the business world, compliance means making sure that companies of all sizes are meeting the standards set by regulatory or oversight groups in various laws and standards, such as HIPAA, PCI DSS, SOX, and GDPR. Sometimes, an organization will self-impose its compliance by adhering to guidance and frameworks from organizations such as NIST, ISACA, ISO, and other advisory bodies.
Ransomware attacks are on the rise. Many organizations have fallen victim to ransomware attacks. While there are different forms of ransomware, it typically involves the attacker breaching an organization’s network, encrypting a large amount of the organization’s files, which usually contain sensitive information, exfiltrating the encrypted files, and demanding a ransom.
This week it was revealed that a huge credential stuffing attack had cost sports betting organization DraftKings $300,000. More specifically, cyber-crooks had used credential stuffing to gain access to many DraftKings customer accounts via a large-scale account takeover (ATO) attack and withdrawn funds. DraftKings has subsequently reimbursed the affected accounts, leaving the business out of pocket rather than its customers.
Enterprise email encryption is a must-have security tool for anyone who wants to safeguard data that’s in transit. The truth is, there are numerous types and technologies available to help you with this, but what you need for your business ultimately depends on how seriously you want to take the protection of your own, and your clients’ or customers’ data.
After reviewing the NCSC Annual Review for 2022, we discuss our 5 key takeaways and give our thoughts on the topic.
The need for cybersecurity in small and midsize businesses (SMBs) has never been more crucial. Any organization can suffer catastrophic effects from cyberattacks, but small businesses are particularly vulnerable. Unprepared small firms may experience tremendous financial consequences as well as damage to their reputation, productivity, staff morale and much more when a cyberattack occurs. When establishing cybersecurity processes and strategies, it is crucial to understand the risks.
