The global software defined data center (SDDC) market is estimated to reach US$90.416 billion by 2022, from US$36.517 billion in 2017, meaning that companies will continue on the path of software defined everything. While the immediate benefits of SDDCs revolve around less CapEx, OpEx, centralized management, and the deployment of cloud in a box, organizations need to prepare for challenges facing when adhering to SDDCs.
Following a unanimous warning from the intelligence community about growing cyber threats, cybersecurity professionals agree that a catastrophic data breach to their organization is inevitable. Worse still, most IT execs fear the world could be on the brink of cyber warfare.
Now is not the time to dilly-dally. If you haven’t already properly secured the Amazon Web Services S3 servers (known as “buckets”) storing your sensitive data in the cloud then your business has no time to lose.
Business fraud has been on a dramatic uptick over the last decade and cybercrime stands near the top of the list of losses and events that organizations are experiencing. A new report out from consulting powerhouse PwC found that the ratio of organizations who admitted to falling prey to economic crime in the past year has increased by 63% since 2008, with just under half of organizations admitting to being victims.
It’s hard to believe but the conversation around how security fits in DevOps has been going on for years. It was in 2012 when Gartner analyst Neil MacDonald wrote his blog DevOps Needs to Become DevOpsSec. In this blog MacDonald wrote “DevOps seeks to bridge the development and operations divide through the establishment of a culture of trust and shared interest among individuals in these previously siloed organizations. However, this vision is incomplete without the incorporation of information security, which represents yet another silo in IT.”
We've all heard about the 80/20 rule in business. But in vulnerability management, it may be more like the 54/12 rule. According to a new report out last week by vulnerability intelligence firm Risk Based Security, in 2017 about 54% of all new vulnerabilities came from just 12 vendors.
A deluge of new studies points the finger at CEOs taking stabs in the dark – rather than informed decisions – when it comes to cybersecurity investments.
The more things change, the more they stay the same. While the nature of the technology employees use has dramatically changed over recent decades – from immovable desktops connecting to internal networks to iPads and netbooks with the ability to work anywhere — insiders and employees have remained among the greatest risks. According to the 2018 Netwrix Cloud Security Report, which consists of a survey of 853 various-sized organizations, industries and geographical locations. All organizations are public or hybrid cloud users.
As bad actors continue to hone their skills and governments keep raising the penalty for getting breached, large organizations across the globe seem to be doing little to mitigate the risks associated with cybercrime – despite knowing better for years.
A recent cyberattack on India’s City Union Bank abused the SWIFT global payments platform to transfer $2 million into accounts in Dubai, Turkey and China. While details of the cyberattack were not made public as the incident is still under investigation, officials claim hackers disabled the bank’s SWIFT-connected printer on Feb. 6, preventing City Union Bank from receiving any acknowledgement messages for the three fraudulent transactions.
To anyone who has been paying attention, this isn’t as much of a surprise, as it is a confirmation of the ongoing tenuous condition of enterprise cybersecurity but a just-released survey from specialty insurer Hiscox shows that roughly three-quarters of the 4,100 organizations surveyed face significant shortcomings when it comes to cybersecurity.
Keeping senior leadership abreast of security strengths and vulnerabilities has become a top priority, according to financial sector Chief Information Security Officers (CISOs). And direct communication with the CEO has become imperative, as strong cyber defenses require increasingly rapid decision-making.
