Why Cybersecurity Risk Assessment Matters in the Banking Industry

When customers put money in a bank, they need to trust it will stay there. Because of the high stakes involved for the customer, such as financial loss, and how long it takes to resolve fraud and potential identity theft, customers are sensitive to the security of the bank as well as fraud prevention measures. […]

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Reporting Healthcare Cyber Incidents Under New CIRCIA Rules

Numerous high-profile cybersecurity events in recent years, such as the Colonial Pipeline and SolarWinds attacks, spurred the US government to implement new legislation. In response to the growing threat, President Biden signed the Cyber Incident Reporting for Critical Infrastructure Act of 2022 (CIRCIA) in March 2022. While the law has passed, many healthcare organizations remain […]

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What Experts Had To Say About the 2022 Cost of a Data Breach Report

The 2022 Cost of a Data Breach report was eagerly anticipated by cybersecurity professionals and the technology industry as a whole. Following two years of increased remote work and other changes due to the pandemic, the report was an important benchmark on the lasting impact and future trends of data breaches.  Not surprisingly, this year’s […]

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Why Do Ransomware Gangs Keep Coming Back From the Dead?

Ransomware gangs are major players in the cybersecurity space, especially in recent years. ZDNet reported that ransomware gangs increased their payments by over 311% from 2019 to 2020, with totals for all groups exceeding $350 million in 2020. Ransoms continued rising in 2021. Unit 42, a threat research team at Palo Alto Networks, found that […]

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Cost of a Data Breach: Infrastructure

During the pandemic, businesses and consumers saw firsthand what happens when infrastructure fails. In 2019, the global critical infrastructure protection (CIP) market size was valued at $96.30 billion. It is predicted to grow to $154.59 billion by 2027, with a CAGR of 6.2%. On top of that, each time an organization in a critical sector […]

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Does Follina Mean It’s Time to Abandon Microsoft Office?

As a freelance writer, I spend most of my day working in Microsoft Word. Then, I send drafts to clients and companies across the globe. So, news of the newly discovered Microsoft Office vulnerability made me concerned about the possibility of accidentally spreading malware to my clients. I take extra precautions to ensure that I’m […]

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How IBM Secured the 2022 US Open

Throughout the US Open Tennis Championship, the infrastructure for USOpen.org and the mobile apps can see upwards of 3 million security events. While the vast majority of events are not serious, security analysts must quickly determine which are concerning to take immediate action. However, with such a large volume and variety of data, security analysts […]

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Companies Without Zero Trust Could Lose $1M More During a Data Breach

In recent years, the mindset for cybersecurity has shifted. It isn’t a matter of if a company has a breach, but rather when a company has a breach. With the increase in cybersecurity incidents, most if not all companies will be victims of a data breach at some point. However, the latest research shows that organizations […]

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Survey Connects Cybersecurity Skills Gap to Increase in Breaches

The skills gap in cybersecurity isn’t a new concern. But, new research revealed in Fortinet’s 2022 Cybersecurity Skills Gap report confirmed what many experts have assumed. The skills gap increased risk and was likely the direct cause of at least some breaches. Data for the survey was collected from 1,223 IT decision-makers in countries across […]

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How and Why Do Teens Become Cyber Criminals?

The search to find the mastermind of the attacker group Lapsus$ led to a home outside Oxford, England. The suspected leader was a 16-year-old. He helped take down some of the world’s biggest companies, including Microsoft, from his mother’s house. The BBC reported the teen is alleged to have earned $14 million from his attacks. […]

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