Companies are always in the crosshairs of threat actors, but how do you prepare if you don’t know how your business could be affected. Fortunately, Bitdefender's Cybersecurity Predictions for 2020 offer a framework for the essential security pillars of any company.
If security incidents in the past few years are any indication, cybersecurity professionals face a bumpy road ahead. While some IT security chiefs are prepared to hang up their boots, many are almost certain their organization is under attack from hackers but they haven’t yet learned of it.
Canada-based LifeLabs notified 15 million patients on December 17 that their personal information relating to healthcare, including name, address, email, login, passwords, date of birth, healthcare number, and lab test results, may have been accessed without authorization. Most of those affected reside within British Columbia and Ontario.
Organizational weak spots and stressors are taking their toll on IT security professionals. 72% of infosec professionals agree that the lack of proper security tools and knowledge are huge obstacles preventing rapid incident detection and response. Furthermore, more than half of C-suite security pros are considering leaving their job if things don’t change in 2020 and beyond.
A study comparing security controls for human and machine identities reveals a worrying trend. While almost all organizations have a policy that governs password length for human identities, only half have a written policy on length and randomness of keys for machine identities - this, despite the rapid spread of machines that need to authenticate themselves to each other so they can communicate securely.
Healthcare organizations are doing everything they can to modernize and digitally transform their organizations, but by many accounts, healthcare remains a laggard when it comes to digitization. And as a recent PwC report reads, “The question for 2020 will be whether this digital transformation will benefit consumers—marking a new dawn for the US health industry and for the people whose lives depend on it.”
Financial services firms accounted for 6% of all data breaches in 2019 but more than 60% of leaked records, partly due to the Capital One mega breach that compromised more than 100 million records, according to a new study.
Most Enterprise IT pros believe cybersecurity vendors use ambiguous data, and sometimes even resort to lies to peddle their products, according to a new survey.
The healthcare internet of things (IoT) market is expected to reach 543 billion by 2025 — at an annual growth rate of roughly 20%, according to a report from Grand View Research. Research firm Gartner pegs healthcare IoT growth in 2020 at 29%.
There are many challenges to getting a cybersecurity program right. The right technology must be deployed, managed, and tuned just right, CISOs and security managers must be able to get the necessary executive support and budget to execute on their plans, and their plans have to be well crafted. Not to forget that nearly everyone in the organization has to be security conscious and savvy, or nearly any organization is one phishing-attack click away from compromise.
“In 2019, 43% of breach victims were small businesses.” (Verizon)
The New Year should not only be a time for personal improvement, goal setting and reflection. It's also the perfect time to focus on the past, present and future of your small business. With the increase in cyber-attacks on vulnerable small businesses, 2020 is the year to protect your organization and your customers from preventable threats.
With an ever-changing Cybersecurity Industry and a growing number or security solutions, it becomes harder and harder for an organization to decide which should be the solution of choice to protect its digital assets. As it is nearly impossible or at least impractical for a security buyer to test all the security solutions, the industry tests are a critical benchmark that help organizations decide.
