October marks Cybersecurity Awareness month, and with seventy percent of financial companies having suffered a cybersecurity incident in the past 12 months, it’s crucial for firms to not only know their biggest cyber risks but how to prevent them.
Picture this, a large organization has been hacked, compromising the financial information of millions of people. News headlines detailing similar stories are now frequent, causing the job description of CSO to rapidly expand. In the past, the main responsibility of this role has been managing the physical security of an enterprise. But in today’s dominantly digital world, CSOs must expand their reach to not only monitor tangible risks, but also address the uninsured risks that live in the digital world.
Last year’s holiday season saw a large number of families giving or receiving connected devices. Apple Watches, Samsung Smart TVs, connected home devices, Internet-enabled toys like Hello! Barbie and Star Wars droids were last year’s hot gift items.
IT security is complicated enough. The widespread adoption of BYOD mobile devices and the overall consumerization of IT promise to complicate security efforts exponentially. Are companies up to the challenge?
Cybersecurity has become a top-tier risk for U.S. and multinational organizations. It is only a matter of time before a determined hacker will penetrate your organization’s system and successfully exfiltrate some data. (Indeed, this has most likely already happened, even if you are told it has not.)