The major upheavals of the last couple of decades, such as the global recession and the COVID-19 pandemic, have demonstrated that firms will suffer severe setbacks if their supply chains are not resilient. An entire supply chain becomes vulnerable if one component is exposed to risk, just like a house of cards will topple if one section is out of …
The Role of Compliance in Cybersecurity
The overall technology landscape is evolving at a breakneck pace. While these changes are meant to improve the quality of life, the unfortunate flip side is an increase in cyberthreats. This is why global cybersecurity spending increased from nearly $40 billion in 2019 to $54 billion in 2021.1 Unfortunately, due to a lack of spending on personnel or technology, SMBs …
Think Beyond Basic Backups to Tackle Ransomware
Although ransomware has long been a serious concern for business owners all over the world, the COVID-19 pandemic has created new opportunities for this threat to flourish, and the attack vector is likely to become even more dangerous in the coming years. According to a report, 304 million ransomware attacks occurred globally in 2020, with ransomware affecting over 65% of …
4 Data Backup Myths You Need to Know About
Humans generate 2.5 quintillion bytes of data every day.1 That is a substantial amount of information. However, failing to keep up with the ever-changing threat landscape might wipe your share of this data in the blink of an eye. In fact, ransomware has more than doubled in frequency since last year, accounting for 10% of verified breaches.2 While there is …
Ransomware: What You Should Know if Your Business Is Targeted by It
It may not be news to you that ransomware is on the rise, but the numbers may leave you shocked. In 2020 alone, there were close to 300 million ransomware attacks worldwide.1 The cost of ransom payments demanded by hackers are also increasing in tandem with the increase in attacks. According to a recent projection, the global annual cost of …
Cybersecurity: What Every Business Owner Should Know
While organizations and workers have certainly benefitted from the advancement of technology, it has also introduced an unprecedented number of cybersecurity risks. Ransomware attacks, for example, hit businesses every 11 seconds in 2021.1 Therefore, if you want your business to grow and succeed, you must understand the realities of cybersecurity. The Reality of the Current Threat Landscape Did you know …
5 Security Risk Analysis Myths in the Healthcare Industry
The COVID-19 pandemic threw multiple challenges at the healthcare industry. The sector saw a steep increase in demand that led to the collapse of health infrastructures in different parts of the world. What’s more, the industry experienced an unprecedented cybercrime surge. According to a report, the most attacked sector in 2020 was healthcare,1 and experts expect this trend to continue …
Defense in Depth (DiD): Think Like a Hacker
The current threat landscape is rapidly advancing, with cybercriminals constantly upgrading their toolset to break through security defenses. If you want to outsmart malicious hackers, it’s time to start thinking like them. Fend them off with various layered defense methods. This is what Defense in Depth (DiD) is all about. The National Institute of Standards and Technology (NIST) defines DiD …
Stepping Up Your Cybersecurity With Defense in Depth (DiD)
When the pandemic hit, businesses all over the globe had to shift to remote work almost overnight. Now, with the vaccine rollout in full swing, the hybrid work model is gaining popularity. This allows employees to work from home, the office or split their time between both. According to a report, close to 65% of large businesses have adopted a …
Why Attacks on Critical Infrastructure Are Dangerous
Critical Infrastructure (CI) comprises physical and cyber assets vital for the smooth functioning of societies and nations across the globe. The sectors that make up critical infrastructure differ from one country to another. For example, the USA considers 16 sectors to be vital as opposed to 13 in the UK. The disruption or damage of CI can have severe direct …