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Any lingering indifference to cybersecurity risk has evaporated in the face of spiking ransomware attacks, software supply chain threats , and the challenges of securing remote workers. That’s the clear message of CSO’s Global Intelligence Report: The State of Cybersecurity in 2021, fielded via online survey in May and June of this year.
The CSO Hall of Fame was created to spotlight outstanding leaders who have significantly contributed to the practice of information risk management and security. Selected by the editors of CSO, its advisors, and executives, the individuals bestowed with this award exemplify excellence in security leadership.
Well, the stats are even scarier with over 50% increase in ransomware attacks in 2021, compared to 2020. You’ll significantly reduce your risk if you enforce a minimum security bar for all devices accessing your data. Ransomware? I think you may have heard of it, isn’t the news full of it? Related: Make it costly for cybercriminals.
“Government-led cybersecurity initiatives are critical to addressing cybersecurity issues such as destructive attacks, massive data breaches, poor security posture, and attacks on critical infrastructure,” Steve Turner, security and risk analyst at Forrester, tells CSO.
Learn the 7 keys to better risk assessment. | Get the latest from CSO by signing up for our newsletters. ]. It discovered that while there was a rise in ransomware claims from Q2 2020 through Q1 2021, they dropped by 50% in Q2 2021, a trend that largely sustained through Q3 2021.
In early December 2021, enterprise security teams around the world went on high alert because of a string of vulnerabilities in an open-source Java component, Log4j, that is used in millions of applications.
Some 64% of CISOs fear their companies are at risk of a major cybersecurity attack in the upcoming year and 66% feel their organization is unprepared to handle it, according to the 2021 Voice of the CISO Report from security software maker Proofpoint. Yet the CISO message to the C-suite might not be all that reassuring.
Organizations will face significant challenges in purchasing, renewing, and benefitting from cyber insurance policies this year as various factors drive the sector towards a stricter, more specialized position, global specialists in law, risk, and cybersecurity predict. To read this article in full, please click here (Insider Story)
However, such terms are not always helpful and can be inaccurate, outdated, misleading, or even risk causing harm. Sign up for CSO newsletters. ]. Sign up for CSO newsletters. ]. Here are the 11 cybersecurity buzzwords and phrases that should be laid to rest in 2021. To read this article in full, please click here
It is an opportunity for security leaders to share with their peers the risk and security innovations that led the way to greater success for their organizations. Winners will be recognized at the annual CSO50 Conference + Awards taking place November 16-18, 2021.
In December 2020, the US Government Accounting Office (GAO) made 145 recommendations to 23 federal agencies relating to supply chain risks. In May 2021, the GAO’s director of information technology and cybersecurity, Vijay A. D’Souza, testified before Congress on supply chain risks.
Education and research were the top targets for cyberattackers in 2021, with an average of 1605 attacks per organization per week, a 75% increase from 2020, according to research by Check Point Software Technologies. Pandemic’s push for digital invites threats . To read this article in full, please click here
In the guidance issued by the Cybersecurity and Infrastructure Security Agency (CISA) in April 2021 on securing one’s supply chain, a portion of the guidance was dedicated to the threat vector posed to entities during their design phase. Sign up for CSO newsletters. ].
Learn CISOs’ 15 top strategic priorities for 2021 , 7 tips for better CISO-CFO relationships and 5 key qualities of successful CISOs. Sign up for CSO newsletters. ]. “My To read this article in full, please click here
On February 4, 2021, New York became the first state in the nation to issue a cybersecurity insurance risk framework to all authorized property and casualty insurers. Get the latest from CSO by signing up for our newsletters. ]. Get the latest from CSO by signing up for our newsletters. ].
For 2021, the judges took on a record number of submissions, identifying which products, people and companies stood out during a tumultuous year. Click here to see the full list of 2021 SC Award finalists. Cedric Leighton is founder and president of Cedric Leighton Associates, a strategic risk and leadership management consultancy.
Cyber risks, especially those emanating from third and fourth parties, are escalating. Successful breaches via the supply chain increased from 44% in 2020 to 61% in 2021, according to Accenture.
Two-thirds of survey respondents said they felt more exposed to these types of disputes in 2021, up from less than half in 2020, while more sophisticated attacks, less oversight of employees/contractors in remote environments, and concerns about the amount of client data were all cited as mitigating factors.
Two in three CISOs believe that technical debt, the difference between what's needed in a project and what's finally deployed, to be a significant cause of security vulnerability, according to the 2021 Voice of the CISO report , sponsored by Proofpoint. To read this article in full, please click here (Insider Story)
In the fall of 2021, Grandview Research estimated the U.S. Companies that produce location-tracking algorithms and technological magic are riding the hyper-personalized marketing rocket, which continues to expand at breathtaking speed. from 2022 to 2030.
While nearly half of the 1,400 CISOs surveyed for the annual Voice of the CISO report (48%) say their organization is at risk of suffering a material cyberattack in the next 12 months. That's substantially lower than 2021, when nearly two-thirds of the CISOs (64%) expressed similar sentiments.
The application layer protocol content confusion attack (ALPACA) was first disclosed in June and presented at Black Hat USA 2021. What is the ALPACA attack?
The security metrics that many CISOs traditionally use typically lack business context and often fail to provide a comprehensive and actionable view of how the security program decreases risk and enables the business. This can leave security teams with a false sense of confidence and CISOs struggling to show ROI and build budget.
In March 2021 Google Cloud announced a new offering called Risk Protection Program, which is designed to help its cloud customers reduce security risk and connect with Google’s insurer partners, Allianz Global Corporate & Specialty and Munich Re.
Risks will continue to grow in 2021, so it’s vital that organization take action to grow their cybersecurity workforce. The cybersecurity workforce shortage and related skills gap stubbornly persists. Here's five ways to attract talent now to begin to close the skills gap.
cybersecurity M&A deals hit 151 in the first three quarters of 2021, compared to 80, 88 and 94 in 2018, 2019 and 2020, respectively, according to data from 451 Research. According to CSO, 2021 shaped up to be an active year for mergers and acquisitions in the cybersecurity industry. It is all about risks.
McAfee Enterprise and FireEye have integrated FireEye Helix with Amazon Web Services’ Inspector cloud security tool, in a move to offer behavior analysis and machine learning risk-analysis capabilities for enterprises running AWS cloud workloads. To read this article in full, please click here
I read with interest about Active Directory Certificate Services (AD CS) misconfigurations and the risks they present to my network. However, I wanted to get a head start to see if my domain was vulnerable to attacks that could result in account or domain takeover.
According to an analysis by Google-owned threat intelligence and incident response firm Mandiant, attackers exploited 55 zero-day flaws last year, fewer than the 81 observed in 2021 but triple the number tracked in 2020 and higher than in any previous years.
Machine identities now outnumber humans in enterprises, according to Nathanael Coffing, co-founder and CSO of Cloudentity. Gartner’s list of the top security risks and trends for 2021 included machine identity management for the first time. Poor Machine Identity Management Introduces Risks.
The report by BreachLock, based on 8,000 security tests performed in 2021, organizes its findings based on risk. Critical risk findings pose a very high threat to a company's data. High risks could have a catastrophic effect on an organization's operations, assets or individuals.
Insider breaches are growing – because you can actually see them In their annual look at trends in cyber security , Forrester made a few startling revelations: 33% of your breaches in 2021 are going to be insider threat related. Insider threat incidents are expected to grow 8% in 2021 . To read this article in full, please click here
billion in direct written premiums were recorded in 2021, a 61% increase over the prior year, according to an October 2022 memorandum from the National Association of Insurance Commissioners. As the frequency and severity of ransomware, phishing, and denial of service attacks has increased, so has demand for cyber insurance.
The Log4Shell critical vulnerability that impacted millions of enterprise applications remains a common cause for security breaches a year after it received patches and widespread attention and is expected to remain a popular target for some time to come.
Cyberattacks in 2021 continued to steadily increase in volume and sophistication. Ransomware continued its ruthless path across industries, often putting lives at risk. The FBI’s Internet Crime Complaint Center reported 2,084 ransomware complaints from January to July 31, 2021, representing a 62% year-over-year increase.
It also notes that the time to fix vulnerabilities in open-source projects has steadily increased over the last three years, more than doubling from 49 days in 2018 to 110 days in 2021. To read this article in full, please click here
(ENISA considered the risk to the latter category so significant that it dedicated an entire report to it.) The report surveyed the threat landscape between April 2020 and July 2021. According to CSO Online , VPNs have a lot of shortcomings for handling remote network connections. Links we liked. Hungry for more threat data?
The flaw has impacted vast numbers of organizations around the world as security teams have scrambled to mitigate the associated risks. Attackers began exploiting the flaw (CVE-2021-44228) – dubbed “Log4Shell”, which was rated 10 out of 10 on the CVSS vulnerability rating scale.
The number of attacks targeting the government sector increased by 95% worldwide in the second half of 2022 compared to the same period in 2021, according to a new report by AI-based cybersecurity company CloudSek. There is also a risk that national security and military data can be used by terrorist organizations.
In September 2021, a senior employee at Volkswagen tried to be the good guy after discovering possible security vulnerabilities in the German auto maker's payment platform, Volkswagen Payments SA. After all, you never know who in your business might spot that something isn't quite right.".
According to JFrog, the issue carries a critical risk of unauthenticated remote code execution (RCE) for certain organizations who should update their H2 databases immediately. Like Log4Shell, the flaw ( CVE-2021-42392 ) relates to Java Naming and Directory Interface (JNDI) remote class loading.
In August 2021, Dr James Ransome -- Veteran CISO, CSO, CPSO and Author -- hosted a fireside chat at FuzzCon 2021. He studied how Comcast’s security training programs correlated with risk reduction outcomes. ” Fagbemi responded: “What happens when the issue is high risk?”
Chowing down on some broccoli or kale can help us build strong bones, reduce our risk of chronic diseases, and deliver the vitamins our bodies need. trillion annually by 2025, up from $3 trillion a decade ago and $6 trillion in 2021. [2] Like it or not, vegetables are good for us. 1] Companies are the same when it comes to security.
The agencies assert that North Korean state-sponsored cyber actors have used the malware since at least May 2021 to target healthcare and public health sector organizations. For that reason, the FBI and other agencies issuing the advisory maintain the state-sponsored actors will continue to target healthcare organizations.
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