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The shift to digital experiences and customer service in industries that were historically only brick-and-mortar underscores how rapid digitaltransformation expands the attack surface for cybercriminals. This can help your organization establish a robust risk management program that keeps pace with your rapid digital change.
This surge is driven by a convergence of factorsfrom a spike in ransom ware attacks to the digitaltransformation of healthcarethat CISOs and healthcare executives must understand and act upon. Breaches can disrupt care delivery and put lives at risk, not to mention lead to hefty compliance fines.
Now toss in the fact that digitaltransformation is redoubling software development and data handling complexities. This, in short, is the multi-headed hydra enterprises must tame in order to mitigate rising cyberrisks. LW: How has ‘digitaltransformation’ exacerbated the need for SOAR? Smart money.
Even with ransomware costing billions of dollars in losses and cyberinsurance claims, organizations are still impacted beyond the checkbook. These attacks have driven the cost of cyberinsurance premiums higher. Cyberinsurance has become more critical to organizations to help offset the risk to the company.
Imposing just the right touch of policies and procedures towards mitigating cyberrisks is a core challenge facing any company caught up in digitaltransformation. Related: Data breaches fuel fledgling cyberinsurance market. Digitaltransformation is all about high-velocity innovation and on-the-fly change.
These were just some of the major facets of cloud transformation that are creating challenges for data security that I discussed with Sunil Potti, Vice President and General Manager, Google Cloud in a recent Thales Security Sessions podcast moderated by Neira Jones. The digitaltransformation “mega trends”.
Here are key takeaways: Local risks. State and local governments are not immune to the digitaltransformation so their dependence on IT is as high as it’s ever been,” says Ananth. As Ananth explained, the city did two things right: they had cyberinsurance and they didn’t pay the ransom. Election threat.
In some cases, attackers are even leveraging the threat of regulatory actions or causing cyberinsurance policies to be rendered moot by reporting lapses in security on the part of the victim to regulators and insurers.
INDIANAPOLIS–( BUSINESS WIRE )– Pondurance , a leader in Managed Detection and Response (MDR) services, today launched CyberRisk Assessments powered by MyCyberScorecard. Comprehensive views of low, medium and high risk MyCyberScores. Streamlined workflows and robust analytics.
VPNs are stressed, remote desktops are stressed, servers continue to be upgraded, fiber, 5g and other high speed internet technologies are bringing the digitaltransformation to the world at the most rapid pace. With this amazingly fast digitaltransformation, the rewards should outweigh the risks.
It doesn’t matter how good their cyber hygiene, endpoint protection or event analytics are. In 2023, Microsoft Active Directory (AD) will continue to be a major risk. The post XM Cyber’s Cybersecurity Predictions for 2023 appeared first on Cybersecurity Insiders. Zur Ulianitzky, VP Research. “In
That distinction is important for identifying risk. While the Oldsmar, Florida hack, for example, shined a light on risks associated with remote access to industrial control systems, Colonial Pipeline exposed IT system vulnerabilities that could exist in any sector. ” When it comes down to it, “OT is a production element.
Click here to watch the roundtable and learn about the future of cyberinsurance from leading experts. In partnership with Cysurance, BlastWave hosted a roundtable entitled “The Future of CyberInsurance and MSP Insurability. of Morris Risk Management, John Franzino of Grid Security Inc.,
In this episode of the podcast (#117), we go deep on one of the hottest sectors around: cyberinsurance. In the first segment, we talk with Thomas Harvey of the firm RMS about the problem of “silent cyber” risk to insurers and how better modeling of cyber incidents is helping to address that threat.
Traditionally, airport security focused on physical access and the perimeter; however, in the years since 9/11, the digital footprint of the vast interconnected systems contains valuable assets that must be protected. Airports are high-risk locations and more vulnerable to cyber-attacks than airlines.
94% said identity investments are part of strategic initiatives including cloud adoption (62%), Zero Trust implementation (51%) and digitaltransformation initiatives (42%). 5 Machine Identity Risks You’ll Want to Avoid. Identity growth continues, making identity a top security priority. Brooke Crothers. Data Breach.
Reducing Company Risk: By locating, identifying, classifying, minimizing , and securing sensitive data, firms can r educe the risk of security, privacy, and compliance. Accelerate your DigitalTransformation: Data privacy and governance programs enable you to secure data and establish the framework for digitaltransformation.
Just like in previous years, 2024 is set to test practitioners’ skills as the frequency of cyber threats continues to surge leaving no room for complacency. DigitalTransformation In 2024, several trends are expected to shape the landscape of digitaltransformation. Here are my predictions for 2024.
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