We are all too familiar with the expression “consumer is king.” Companies devise complex strategies to convert potential customers into buyers, then use retention schemes to keep the revenue flowing. And if recent studies are any indication, U.S. businesses are doing a heck of a job at holding on to their customer base.
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We’re hearing more and more about boards of directors playing a greater role in cyber security efforts as a growing number of data breaches make headlines, and now there’s data to back it up. Unfortunately the same research indicates that enterprises need to do much more work to improve their cyber security programs.
Not-for-profit Cottage Health System has agreed to pay the state of California $2 million for suffering multiple data breaches between 2013 and 2015. Taking a leaf from the EU’s playbook, the state of California is demanding that the healthcare institution appoint a Chief Privacy Officer – the equivalent of a Data Protection Officer stipulated by European law.
New research reveals that cyber-attacks by unsophisticated hackers this year have successfully exploited vulnerabilities that many of the world's famed businesses were already aware of but did nothing to fix.
Demand for cybersecurity experts will increase and become a priority for enterprises, leading to an estimated need for over 1 million cybersecurity professionals in India by 2020 and over 500,000 in the US. The US currently employs 780,000 specialists in cybersecurity, while 350,000 posts are still unfilled, reports CyberSeek, project supported by the U.S. Department of Commerce.
Ransomware, malware, and other elusive attacks threaten companies of all sizes every year, and the attacks are becoming more aggressive and more frequent.
Every company's executive team should be aware of how to prevent these attacks from happening by making security be a "whole company" initiative instead of just an "IT problem".
The terms “artificial intelligence” and “machine learning” are often used interchangeably, but there’s a huge technical difference between them. While the first is used by Hollywood when depicting self-aware machines, the latter is comprised of finely tuned single-task algorithms that are nowhere near self-aware.
What were the biggest cyber security culprits in the first half of 2017 from a data breach standpoint? Identity theft and poor internal security practices, according to the latest Breach Level Index (BLI) Report by Gemalto.
First, here’s the good news: Organizations today are in the midst of digital transformations and an acceleration of their online presence that is enriching their products, deepening customer relationships, and boosting the companies’ brands.
Software containers are among the hottest aspects of enterprise technology right now. Sure, containers help enterprises save budget through, just like virtualization, the improvement of hardware density. But that’s not really why enterprises are turning to containerization. It’s how application containers bring to modern cloud environments improved manageability and the ability to deploy applications as discrete functions that can be used at will and reused elsewhere in the environment, wherever needed, as a service.
A long line of very public data breaches have made clear that businesses don’t need to be targeted by sophisticated hackers to have private and sensitive data splashed across the newspaper headlines.
“EDR is the worst form of endpoint security except all the other endpoint security approaches that have come before it.”
Targetted attacks and advanced persistent threats have become the new normal in enterprises the world over. As high profile attacks multiply, the need for comprehensive threat intelligence across the organization becomes mandatory.
There’s no doubt that enterprises are embracing cloud computing, but not-so-surprising that enterprises repeatedly say that they need heightened visibility and security management capabilities so they can more effectively deploy applications, defend against cyberattacks, and mitigate regulatory compliance risks, a recent survey found.
Business Insights readers are certainly well aware of the sorry state of connected medical device security. We’ve covered it in posts such as St. Jude Takes Steps to Secure Vulnerable Medical Implants and U.S. DHS and FDA Face Medical Device Security Woes. In the later post we covered how the FDA is working to foster a culture of continuous quality improvement.
Despite considerable efforts to educate employees on ransomware, many organizations still don't know what to do if they fall victim to an attack. According to part 2 of Intermedia's Data Vulnerability Report, a record number of employees and their employers are paying ransom.
Following years of active research and progress, artificial intelligence and machine learning have gained traction, becoming integrated in all cybersecurity layers to boost the efficiency of unknown malware detection, spam detection, URL filtering and network anomalies. Still, the industry has only reached the tip of the iceberg, with many opportunities still to be explored in the future.