With companies’ reputations and futures becoming more inherently tied to their cybersecurity efforts, Security magazine connected with Kevin Richards, managing director of North American Security and global lead for Security Strategy and Risk at Accenture, to discuss the outcomes of negligent cybersecurity oversight during mergers and acquisitions.
Today, cybersecurity is on all our minds. Every other day, we get news of another cyberattack. As more organizations struggle to keep up with the onslaught of these new threats, many are asking: “What can we do to strengthen our cybersecurity posture?” When we want to quantify it, consider the concept of risk. In its simplest form, the risk associated with a system is the impact of it malfunctioning, multiplied by the likelihood that a malfunction will occur.
Malware researchers at Ben-Gurion University of the Negev (BGU) are warning medical imaging device (MID) manufacturers and healthcare providers to become more diligent in protecting medical imaging equipment from cyber threats.
Consumers are confident they’re safe online, but hackers have proven otherwise, stealing $172 billion from 978 million consumers in 20 countries in the past year, according to the 2017 Norton Cyber Security Insights Report.
As cyber attacks increasingly threaten every aspect of business and grow in volume and scale, companies will be forced to take new measures to address cybersecurity risk holistically, integrating it more aggressively into their enterprise risk management.
An annual analysis by the Online Trust Alliance (OTA) found that cyber incidents targeting businesses nearly doubled over the last year from 82,000 in 2016 to 159,700 in 2017.
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