Cloud security has finally become a big-enough blip on IT professionals’ radar to be taken seriously. Almost all respondents in a recent cybersecurity study revealed that their organization has agreed to increase the resources allocated to protecting the company’s assets from bad actors – and to great extent, too.
The General Data Protection Regulation, which took effect in May, has renewed interest in security spending. Gartner projects it will drive 65 percent of buying decisions related to data loss prevention by the end of the year. The focus of the regulation, known commonly as GDPR, is on citizens in the European Union. But its impact is becoming global.
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The increase in cloud adoption has significantly impacted the way organizations think about security, in the sense that threat visibility into infrastructures has become mandatory in light of how the threat landscape has evolved. Starting from the premise that threat actors can and will breach infrastructures, organizations need to begin focusing on detecting and responding to these breaches as swiftly as possible to restore affected environments, ensure business continuity, and stay compliant with new regulations.
Cybersecurity is often likened to a cat-and-mouse game, with Jerry a step or two ahead of Tom as the rodent gets up to mischief. That’s because cybersecurity is a cat-and-mouse game. Hackers almost always have the advantage of surprise, while IT departments are left picking up the broken pieces should their defenses fail.
As business-technology systems grow more complex, so does the need to automate essential management and security processes. With hybrid cloud architectures, DevOps management approaches, and continuous software delivery pipelines, organizations need to automate as many processes as they can automate. For those tasks that require little or no deviation, many enterprises are turning to Robotic Process Automation (RPA).
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The healthcare industry is among the top targets of cyberattacks, especially since the internet of things found its way into the industry and completely revolutionized it. After healthcare’s share of ransomware attacks in 2017, and a great deal of data theft, phishing and more ransomware in 2018, cybercriminals gradually switched methods, tapping into the cryptojacking space.
Sophisticated malicious emails continue to creep into every inbox, every day. Yet many employees still don’t know enough to spot an unsecure website, and 13 percent of them click on URLs that could hide malware. And, while experts recommend training staff to sniff out phishing campaigns and other cyber threats, they also advise not to rely on staff to keep hackers out.
Insider threats are nothing to joke about -- they are a real danger to companies worldwide, who often neglect them. In fact, they rank among the top six threats of 2018, according to statistics. A company will spend at least $8 million yearly on insider threats, the Ponemon Institute has found.
The headlines love to talk about sophisticated hacking gangs, exploiting zero-day vulnerabilities to break their way into businesses and steal corporate data.
As many as 93 percent of companies in the Forbes Global 2000 list don’t include a vulnerability disclosure policy among top business concerns, according to HackerOne’s The Hacker-Powered Security Report 2018, a deep dive into bug bounty and vulnerability disclosure in the financial services and insurance industries.
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Cybercriminals have unwittingly created an impressive, and legal, money-making opportunity – cyber insurance. The cyber insurance market is about to become huge, as experts believe companies will double their spending by 2020 to some 8 billion – 9 billion dollars compared to last year’s average of 3.4 –billion 4 billion, Munich Re, the world’s leading German reinsurance company, recently announced.
Four in 10 executives surveyed by The Economist Intelligence Unit say the board of directors should oversee cybersecurity policies, while 24% back creation of a specialized cyber committee.
Companies that use an EDR solution have acknowledged that a cyberattack can occur at any time, and traditional protection platforms can only address 99% of the threats in the wild. EDR tools focus on the last 1% of threats, allowing for much greater fidelity in incident investigations.
Despite it being considered an essential practice, most organizations still find it difficult implementing security into their DevOps efforts. It’s not that they don’t want to, they say they do, it’s that they just haven’t provided their developers the tools, processes, or even training to get it done. These are the findings of a report recently released by application security vendor Checkmarx.
According to Ponemon’s 2018 study and article, you are less likely to catch the common cold than experience a major data breach of 10,000 records.
It looks like a lot of enterprises need to get their acts together when it comes to managing risk, and particularly the risk associated with cyber security threats and vulnerabilities.
Reporting data breaches wasn’t mandatory for every type of organizations before the GDPR came into force, but the health sector is a different animal. Healthcare is more tightly regulated than most other industries, and it’s also seen a spike in data breaches in the last year – especially ransomware attacks. With the new regulations in place, reported incidents in healthcare are, not surprisingly, on the rise.
If you think worries about cyber security in the cloud are dissipating as cloud services continue to proliferate, you’re mistaken. IT and security executives remain quite concerned about threats—maybe even more so than in the past.
Across the globe, an estimated 5% of small-to-mid-sized businesses (SMBs) fell victim to ransomware from 2016 to 2017, and according to 97% of managed service providers (MSPs) ransomware attacks increase in magnitude year over year.
Make no mistake, DevOps trends are catching fire in the enterprise these days and for good reason. A new report out by DevOps Research & Assessment (DORA) shows that the highest performing DevOps organizations are crushing their software delivery metrics.
For years now, the cloud computing alliance has been working to identify the top threats to cloud computing. In 2012 they published a survey that identified the top threats to cloud at the time, and two years ago they published The Treacherous 12 Cloud Computing Top Threats in 2016. That report reflected the consensus among security experts in the CSA community regarding the most significant security issues in the cloud.
