OpenText acquired Carbonite and Webroot in December 2019, helping expand the company’s cyber resilience portfolio and strengthening its comprehensive information management offering. As it happens, the acquisition could not have come at better time. By the end of March 2020, 98% of OpenText’s global workforce of more than 14,000 had pivoted to remote work due to COVID-19. OpenText, like so many others, had to adapt to the new normal and find a way to protect the data and devices that were now well beyond the company network and firewall.
Data breach and privacy incidents occur daily at organizations of all sizes. It happens all too frequently. And while it is obvious that breaches continue impacting hundreds of thousands of lives, legal and compliance teams are not always brought in to manage each breach. With increased focus from regulators and law enforcement agencies to ensure organizations fulfill their obligations for post-breach notifications, legal teams can help quickly coordinate internal processes, and take swift action to begin the process of remediating damage and initiate immediate legal steps to protect the enterprise, and comply fully with all regulatory obligations. Here, we talk to AJ Samuel, co-Founder and Chief Product Officer at Exterro, about the many benefits of retaining legal counsel, who can better protect the integrity and confidentiality of the incident response.
Many companies are struggling to adapt their security strategy to accommodate the new normal. With remote working now an ongoing reality, there has been a rush to adopt and integrate a slew of new tools and cloud platforms to facilitate collaboration and maintain productivity. However, in the race to connect everyone, security implications are often overlooked. This, coupled with the fact that relying solely on a corporate firewall is no longer a sound security strategy, puts many organizations at risk.
So, what should companies do now to adjust their security strategy? Here are five factors to adhere to that will prevent cybercriminals from taking advantage of the virtual business environment.
Once it is safe to do so, will employees return to the office full-time or will companies opt for hybrid scenarios in which some time is still spent working from home? And how will organizations be able to make informed decisions that are safe for their employees and respect their bottom line?
Technological innovations representing new, advanced solutions to a previously unforeseen problem. Advancements that, even once the pandemic is finally dealt with, will continue to change not only their respective industries but also the world. The fields in which such innovation is most prevalent are, not surprisingly, healthcare and the public sector. Here are just a few ways in which this has manifested.
In the run-up to Prince Harry and Meghan Markle's much-anticipated royal wedding, the local Thames Valley Police (TVP) force knew that it had to make this high-profile event as secure as possible. The same security level would have to be maintained for Princess Eugene and Jack Brooksbank's royal wedding five months later, located at Windsor Castle. The police knew that both events would carry significant risk to the attendees and the general public without full security measures. Therefore, the police had to ensure that threats would be identified as soon as possible, before, after, and during the events. In fact, it was estimated that the security operation cost was in excess of $41,701,500, or £30 million, becoming one of the biggest UK operations ever.
While COVID-19 paused many activities in 2020, cybercriminals continued to keep busy evolving their arsenal of weapons for more lucrative cyberattacks. While companies adopted remote work models and third parties experienced heightened disruption, cyber risk skyrocketed with increased ransomware, credential stuffing, malware, and Virtual Private Network (VPN) exploitation. As a result, the number of data breaches in the U.S. reached 1001 cases last year, with over 155.8 million individuals affected. Now following the SolarWinds hack, President Biden is set to sign off on an executive action to address gaps in national cybersecurity. The move is causing many CSOs to look for ways to evolve beyond the reactive model to an “always-on” approach -- one that proactively mitigates potential threats and risks before they disrupt business.
After a lifetime in the protection business, the one constant in Washington that I’ve learned is that it takes tragedy to force change. The January 6 Capitol riot is not an enigma. This was a clear protective intelligence failure. The key finding of Retired Army LTG. Russel Honore’s report reviewing how the pillar of U.S. democracy could have been so easily infiltrated is that the U.S. Capitol Police (USCP) must better integrate intelligence into its operations through improved awareness, assessment, sharing, and response capabilities. We can look at effective protective intelligence as a three-part story: Act I is identifying threats; Act II is building those threats into a cohesive profile; Act III is sharing and acting on that information in order to make nothing happen. Applying this framework to January 6 helps us understand how we can and must do better and provides important takeaways for corporations.
Attacks on water systems can come in various forms, not only from pure physical threats. Having a strong and diligent workforce that emphasizes security and basic methods of cyber protection is imperative.
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