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Home » risk management

Articles Tagged with ''risk management''

cyber security

Colonial Pipeline ransomware attack proves yet again that cybesecurity is paramount: Why companies don’t take cybersecurity seriously

Purandar Das
Purandar Das
May 19, 2021
The recent ransomware attack of the Colonial Pipeline has reinvigorated calls from legislators to strengthen the defenses of U.S. pipelines and the electric power grid. Over the last several years, a repeatable pattern is becoming apparent with each major cyber-attack. A critical cyberattack occurs that is followed by outrage that result in statements from government leaders with calls for action - all followed by proposed ideas on how to better mitigate the risk of cyberattacks in the future. Yet, it seems that time goes by and with the next major attack the cycle starts all over again. This time, government is taking a more rigorous approach to proposing solutions to end the vicious cycle.
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ransomware

Conti ransomware gang to blame for Irish public health system cyberattack

May 18, 2021
Conti ransomware gang appears to be behind Ireland's Health Service Executive (HSE) ransomware attack, according to reports. HSE, a $25 billion public health system, shut down its IT systems to protect the service from further damage, switching to a paper-based system. Though life-saving equipment and COVID-19 vaccine programs were still operating, several healthcare practices across Ireland were forced to cancel low priority appointments.
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the standoff

PHDays and The Standoff taking place May 18-21

May 18, 2021

The Standoff 2021 is taking place this week May 18-21, in conjunction with PHDays (Positive Hack Days) – one of the top cybersecurity conferences in Europe that features the world's cutting edge in digital security every year. The Standoff is an online offensive/defensive competition in which defenders (blue teams) compete against attackers (red teams) to control the infrastructure of a simulated digital city.


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data breach

Rapid7 victim of a software supply chain breach

May 18, 2021
Rapid7 has disclosed that the attackers behind the Codecov breach had accessed some of the company's source code using a previously compromised Bash Uploader script from Codecov.
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ransomware cyber

Welcome to the new world of triple extortion ransomware

Daniel Smith
May 18, 2021
Ransomware is nothing new. But the tactics, techniques and procedures (TTPs) leveraged by threat actors have reached new levels of sophistication over the last few years. And with that growth has come an increased difficulty in protecting networks against costly attacks such as the recent DarkSide one on the Colonial Pipeline.
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doctor telehealth freepik

Healthcare’s next emergency: Ransomware follows in the footsteps of the pandemic

Andrew Homer
May 18, 2021

Healthcare businesses are already reeling from massive losses during the pandemic, and cyberattacks could cause further long-term damage beyond the initial attack. Research at Morphisec indicates that almost 3-in-10 consumers say they would consider switching providers if their records were breached in a cyberattack. Considering that same report found that 1-in-5 Americans say a cyberattack has impacted their healthcare provider in the past year, it’s undoubtedly worrying news for the entire industry. With this in mind, here are three avenues hackers are likely to exploit as healthcare becomes a more attractive target and what providers’ need to do to protect their sensitive data and safeguard the lives of their patients.


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security operations center (SOC) freepik

Investing in next-generation SOC skilling solutions results in better utilization of enterprise security tools

May 18, 2021
The deployment of platforms for cybersecurity skill development results in budgetary reductions and cost savings, as well as improvements in critical security operations center (SOC) KPIs including mean time to remediate (MTTR) and dwell time, according to a report by Cyberbit and TAG Cyber. The report offers key insight to executive leadership on the impact of investing in realistic Security Operations Center (SOC) training solutions.
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network access freepik

Who owns AD security in your organization?

Gil Kirkpatrick
May 17, 2021
Establishing operational resilience in the face of cyberattacks has become a top priority for organizations. As a core component of the IT infrastructure, Active Directory (AD) must be at the center of that process. But who is responsible for ensuring Active Directory is both protected and can be recovered quickly when a cyberattack occurs? In many organizations the answer is not clear, which can lead to missteps in detecting, defending against, and responding to cyberattacks.
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remote work/hybrid freepik

Research shows organizations are eroding employee performance and well-being with virtualized office-centric design

May 17, 2021
Gartner’s 2021 Hybrid Work Employee Survey of more than 2,400 knowledge workers in January 2021 reveals that employers’ attempts to recreate visibility by investing in tracking systems has made employees nearly 2 times more likely to pretend to be working, exacerbating the “always on” phenomenon. Employers’ attempts to recreate serendipity by adding more meetings has led to virtual overload – employees who now spend more time in meetings are 1.24 times more likely to feel emotionally drained from their work.
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cybersecurity

How to select a cybersecurity framework to protect your greatest assets: People, property and data

Baan Alsinawi
May 14, 2021
Even if you are not mandated to adhere to any particular regulations, it still makes sense for your business to be proactive in managing risk. All frameworks include guidance for good cybersecurity hygiene, such as effective inventory and asset management, contingency planning, personnel security, system access control, and staff awareness and training, to list a few. To prepare for the aftermath of a cyber incident, frameworks provide incident response guidelines you can follow to recover and try to limit the damage. Establishing a framework can not only help your organization follow best practices but also bring rigorous cyber discipline to your organization.
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