Ransomware is costing businesses—in ransom, yes, but also in downtime, the cost of which is typically 23 times greater than the ransom requested. The attacks are affecting large organizations and cities including Atlanta and Baltimore. Cybercriminals aren’t just attacking end-users; MSPs are the latest on the hit list.

Identity company Okta has hired its newest chief security officer, David Bradbury.

 

While employees are the key to identifying cybersecurity vulnerabilities quickly, many companies have failed to create a welcoming environment for whistleblowers. During COVID-19, how can you safely blow the whistle?

To detect and contain breaches faster, it’s become increasingly important to go beyond the typical malware detection capabilities and invest in the ability to detect and react to lateral movement within the environment. Lateral movement is a core piece of an attacker’s strategy once he’s gained a foothold within the environment. What three steps can you take to help stop lateral movement focus on security measures that minimize dwell time?

Ransomware. It may be the most feared word of security and risk managers. After countless headlines and costs of over 11.5 billion dollars in 2019 alone, organizations around the world are understandably terrified of being hit by a ransomware attack. What are four steps you can take to protect against ransomware?

On April 21, the Small Business Administration (SBA) revealed that around 8,000 small business loan applicants had their potentially sensitive information exposed in a data leak affecting the website being used to host the online application.

According to Verizon's 2019 Mobile Security Index report, two-thirds of organizations said they are less confident about the security of their mobile assets than other devices. Many of these breaches occur due to vulnerable devices, servers and applications that allow bad actors to gain access. Security breaches and the threat of compromise are a serious issue for organizations of all sizes.

In the event that a ransomware attack is successful, what questions should your organization ask? How can your organization mitigate short and long-term damage, as well?

After a seven-year tenure as Chief Security Scientist at Bank of America, Sounil Yu joined YL Ventures as Chief Information Security Officer-in-Residence. What is his main focus in his new role and what are his initial priorities over the next six months?