Insight

Everyone in the cyber insurance industry or trying to get cyber insurance today knows that using multifactor authentication (MFA) is an absolute make-or-break requirement for getting a cyber insurance policy; or if you can get a policy without MFA, you will pay a hefty increased premium for the same amount of coverage.   Most cybersecurity experts and the cyber insurance industry are telling everyone to get MFA. Many cybersecurity experts say that using MFA is...

That CTOs should be concerned about cybersecurity and data breaches is perhaps not the biggest surprise. 2022 has seen more data breaches than ever before, and it feels like the impact of a breach is increasing too. Damage to the brand, paying ransomware costs, time and resources to address the breach, data privacy law penalties – these are all implications that contribute to cybersecurity fears being cited as the main thing keeping CTOs awake at...

As our digital world evolves, cybersecurity has never been more important and critical. During the last few years, we have all become witnesses to intense cybercrime and sophisticated cyberattacks. This upward trend is further fuelled by a shift in working conditions like working remotely. The impact of cyberattacks is profound, resulting in security breaches, enterprises’ revenue and reputation losses, and in some cases, organizations, and entire states being destabilized. As cybercrime continues to increase, the...

Usually, any profit-making business is constantly exposed to several risks that can cause massive losses or total collapse of the organization. To protect themselves, it is paramount that businesses can identify the risk that can wipe out the organization's income. Some of the risks that pose a serious threat to the continuity of a business are a risk to the business premises caused by fires, technological risks, strategic risks, and prohibited substance use.   Typical...

  In the digital era, various software is widely used to accomplish personal and enterprise tasks. Most software requires the user's consent to access its full functionality. While you may entertain the idea of using free tools, unlicensed software can expose your organization to various security and financial risks. To enhance security and efficiency, software licensing is vital in today's business landscape. Here are various ways licensing ensures better security. 1. Legal and Security Compliance...

Today, Comparitech released the results of its most recent study, looking at the true cost of ransomware on healthcare organisations around the world. It found that, since 2018, there have been 500 publicly-confirmed ransomware attacks; and this excludes those that may have not been disclosed at all. In total, these have crippled nearly 13,000 separate facilities and have impacted almost 49 million patient records. As such, Comparitech was able to estimate that these attacks exceed...

Electric vehicles have become the hottest item in the market and sales are growing year after year. This is the most fundamental transformation in road transport; however, concerns do exist. Can the US grid sustain the increased demand for electricity and how can smart grids help in this direction? Can we limit the exposure of charging stations and vehicles to cyber-attacks?   It is not an exaggeration to say that EVs are advertisers' hottest items....

Our industry faces a shortage of skilled, experienced professionals, which puts a strain on companies finding and retaining capable and reliable security staff. The rise of specialist cyber security consultants and managed cyber security service providers (MSSPs) is underpinned by organisations that appreciate the lower investment cost and greater experience these companies can offer. Outsourcing removes the issues associated with inexperienced talent; yet MSSPs are also struggling with retaining staff, analyst burnout and the ever-increasing...

Obrela Security Industries recently launched their H1 2022 Digital Universe Study, which provides detailed insight into this year’s security and threat landscape. The results provide a ‘funnel’ view of real-time visibility data, and allow organisations to gain a better understanding of how threats are security are developing, and how they can better protect themselves.   To put together this report, Obrela collected and analysed 1 PBs of logs as well as 100,000 devices. In this time,...

Whether it is a burglar in your home or a hacker in your network, if you can limit the time before they are spotted and stopped in their tracks, you might prevent them from achieving their goal.   So, if we can lower cyber dwell times, also known as meantime-to-detect (MTTD), mean-time-to-respond (MTTR), or a combination of both, it should help in reducing the impact of cyber crime. But while lowering cyber threat dwell times...