Category: Cybersecurity

Understanding Cybersecurity Gap Analysis

July 14, 2022

According to IBM’s annual Cost of a Data Breach Report 2021,(https://www.ibm.com/security/data-breach), data breaches cost companies 4.2 million dollars lastyear. A breach in your security management system could send your business into bankruptcy.You may have security controls in place to protect your information, but are they sufficient towithstand the millions of cyberattacks that happen every second […]

Cyber threats to the banking industry

July 5, 2022

Banks are investing more in their security budgets this year due to a spike in emerging cyberthreats. 63% of the financial services sector suffered an increase in damaging cyberattacks. Thatis an increase of 17% since 2021.Brian Moynihan, CEO of Bank of America, said it spends over $1 billion annually on cybersecurity.The financial industry already spends […]

Understanding cyber incident reporting requirements

June 30, 2022

When it comes to cybercrimes, it’s easy to focus on an attack’s impact for your business. Howquickly can you get your data back? How can you defend best against the attack?However, when considering cybersecurity there’s another area that deserves attention:government cyber incident reporting requirements.If you don’t comply with reporting law, you can face hefty fines […]

The best way to protect your privacy online

June 21, 2022

The internet has transformed the way we work, shop, and play. It’s more convenient than ever tonetwork from the comfort of home, order products, and even work remotely.With all this convenience, however, comes a cost. It’s harder than ever to protect your privacy ina digitalized world.Many of the biggest online companies make money off selling […]

Cyber Insurance Coverage Checklist

June 6, 2022

While modern technology offers astounding options for expanded data storage, increased customerconnection, and visibility with internet users all over the world, these conveniences come withpotential risks.Hackers and other bad actors often exploit the cyber realm to steal valuable data from your companyor even lock you out of your own systems.What’s more, if a data breach […]

What is patch management in cybersecurity?

May 26, 2022

In cybersecurity, patch management is how a company distributes patches: minor fixes or additional features in existing software.  In this article, we’ll look at the common types of patch management and give you a better understanding of the concept. What are the three types of patch management?  While all patches have the same goal of […]

What is 3rd party risk?

May 17, 2022

What is 3rd party risk? Third-party risk is a security threat from outside organizations that might gain access to a company’s sensitive data. This type of risk is often overlooked when planning a security strategy because it doesn’t usually originate from a failure of your security systems; rather, it comes from weak security in one […]

Industrial IoT Security: What You Need To Know

May 5, 2022

The Industrial Internet of Things (IIoT), which refers to the use of intelligent devices in the business sector, has multiplied in recent years.  Now, commonplace tools are equipped with sophisticated sensors and trackers—all of which need to be kept secure from malicious actors.  IIoT security is critical because if hackers access the system that controls […]

What is a zero-day cybersecurity vulnerability?

April 26, 2022

At first glance, a zero-day vulnerability can sound like a good thing. After all, we all want zero days without security issues! However, this type of vulnerability is one of the most dangerous.  So, what is a zero-day cybersecurity vulnerability?  It’s a flaw in software that hackers discover, and developers don’t know about, or one […]