Agents with the Federal Bureau of Investigation and Immigration and Customs Enforcement have allegedly turned state driver’s license databases into a facial-recognition database, scanning millions of Americans’ photos without their knowledge or consent.
Sixty-one percent of firms suffered a cyber attack in the past year, compared to 41 percent the year prior. The median cost for losses associated with cyber incidents shot up from $229,000 to $369,000, says a 2019 Hiscox cyber Reading Readiness Report.
The U.S. Food and Drug Administration is warning patients and health care providers that certain Medtronic MiniMed insulin pumps are being recalled due to potential cybersecurity risks and recommends that patients using these models switch their insulin pump to models that are better equipped to protect against these potential risks.
For most organizations, putting great cybersecurity in place requires a massive uphill trek. Many forms of change are required – technology, process, talent, and more. Here, cyber leaders focus inward, working to get capabilities in place and reduce identified risks. But fundamentally, you need externally-driven change too, where other enterprise leaders (and key partners outside of your business) believe in the cyber mission so deeply that they can’t live without it.
While cybersecurity should be a primary concern for all organizations, there is no one-size-fits-all approach. Mid-market businesses have different security needs and concerns than large enterprises. To meet these needs, CISOs must meet with business leaders to discuss what technology is required to safeguard digital assets. Cloud adoption only heightens the need for this conversation.
The use of AI assistants, social media, public wi-fi, and more – are leaving identity and privacy in a state of critical risk and U.S. elections and critical infrastructure compromises may be at risk.
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