The processing of data is a long-standing debate among governments, businesses, and tech giants alike. Major corporations are identifying data privacy violations and sharing how personal data should be handled and shared ethically. Government entities have framed their own laws on data protection and privacy to protect the personal data of their residents.
The world of cybersecurity has been constantly challenged since the pandemic started. With the dust still settling, a new concern has taken the entire cyber landscape by storm. A flaw in Log4j, a widely used Java-based logging library, allows hackers unbridled access to computer systems. The vulnerability (CVE-2021-44228) affects everything from the cloud to security devices. Attackers have come up with worms that can spread independently from one vulnerable system to another.
Five worthy reads is a regular column on five noteworthy items we’ve discovered while researching trending and timeless topics. In this edition, we’ll learn about social engineering, its types, its evolution, and how to avoid falling victim to a social engineering attack. Kevin David Mitnick is considered one of the most famous social engineers among the IT community. Kevin is now a top cybersecurity speaker and a best-selling author.
Our log management solution, EventLog Analyzer, has had yet another busy year. Being named in the 2021 Gartner Magic Quadrant for SIEM for the fifth time was one of the high points. We also had the satisfaction of helping many organizations ensure their overall cybersecurity health with new features to meet evolving demands. Our journey in 2021 With many organizations adopting hybrid work models over the last year, there was a steady increase in the volume and severity of cyberattacks.
According to IBM’s Cost of a Data Breach Report 2021, the global average cost of a data breach is estimated to be $4.24 million. Cyberattacks cost organizations time and money, not only in the form of data loss but also through irreversible damage to their reputations, leading to the loss of customers. After security breaches, customer loyalty is almost impossible to regain.
The onslaught of the COVID-19 pandemic brought about many changes and disruptions in cybersecurity. Organizations globally shifted to remote work scenarios to enable their employees to work from the comfort of their homes. Since this was a sudden decision, many organizations lacked resources to ensure security while users were operating from locations across the world. These redefined security perimeters provided leeway for bad actors to perform cyberattacks.
The hybrid workforce model is a novel workplace trend that provides employees the freedom to work from their homes while occasionally reporting to their offices. At the onset of the COVID-19 pandemic, organizations all over the world were forced to adopt remote working, or work-from-home, as the new norm. However, as organizations are gradually beginning to accommodate employees in their office spaces, a blended workplace model has become indispensable.
The complexity of cybersecurity threats has increased over the years. Additionally, the number of attack surfaces that can be used by cybercriminals has expanded phenomenally with the rise in remote and hybrid workplace models. With such a wide scope of possible cyberthreats, there’s no single solution that can counter them all.
With 2022 around the corner, many want to hit the ground running and make the new year different from the last. If you’ve also been preparing for a productive year and scaling your organization up, this blog will bring you up to speed on the major security trends of 2021 you should know about. With ADManager Plus, you can easily adapt to these new trends and be ready to take on any IAM challenge in 2022. For now, here are the major IAM trends of 2021.
Five worthy reads is a regular column on five noteworthy items we discovered while researching trending and timeless topics. In this week’s edition, let’s explore the role of HIPAA compliance in the cybersecurity era.
