Today, cyber breaches cost the U.S. more than $100 billion a year. While organizations are actively procuring new cybersecurity technology, they’re not investing enough in people, skills and talent. And according to ISACA, a non-profit information security advocacy group, a global shortage of two million cybersecurity professionals is expected by 2019.
As cybersecurity continues to become more complex and harder to manage, the role of security operations for organizations is also shifting across the board. Long gone are the days where firewalls or intrusion detection systems (IDS) could keep adversaries outside the perimeter. Instead, we are seeing increases in both size and frequency of attacks leading to more pronounced impacts to the business.
A cybersecurity career can offer transitioning veterans a chance to meaningful employment, and that field is experiencing a remarkable shortfall that presents organizations with a challenge to find trustworthy qualified applicants.
Insurance has long existed as a mechanism for the transferal of risk to a third party, particularly for those risks that fall outside of an organization’s direct control. However, as the threats we face evolve so must the insurance products that we purchase. Recently, the most significant dangers that have come to light and threatened to destroy a company overnight have emerged within the cybersecurity sphere. This has fueled the growing interest and appetite for cyber liability insurance.
As ransomware continues to gain notoriety, cybercriminals are looking for more ways to get the most out of the malware that they develop. Similarly, other bad actors who may lack the necessary skills to develop malware themselves are looking for a way to get in on the action. This has led to an increase in ransomware-as-a-service (RaaS), a practice in which cybercriminals put their ransomware up for sale, where it is purchased and leveraged by other criminals who are technically unable to develop their own variants.
A new report from Verizon found that organizations across numerous industries compromised mobile data security because of speed to market priorities and a lack of threat awareness according to survey respondents.
This month in Security magazine, we examine how physical security leaders are being propelled into a unique position of revenue preservers and risk managers for their businesses. In addition, we profile Scott Ashworth, Director of Security for Atlanta United. Also, security leaders discuss how to develop cybersecurity careers, election security, data protection strategies, measuring and reporting security operations maturity and more!