Risk management is the process of identifying, monitoring, and managing potential risks and their negative impacts on a business. These risks can range from data loss, cyberattacks, and security breaches, to system failures and even natural disasters.
Cybersecurity threats evolve constantly, and it’s difficult for any organization to stay ahead of emerging risks. A company’s best defense against security breaches is to understand the tactics that hackers use, and then plan accordingly. In this post we’ll examine one of the common kinds of cyber attacks — a DDoS attack — and discuss how best to protect your network infrastructure.
In May 2021, President Joe Biden signed an executive order (EO) aiming to strengthen America’s cybersecurity. One key point in the EO was the need to improve software supply chain security, and reduce the vulnerabilities that allow adversaries to launch cyberattacks against public and private organizations.
The modern threat landscape has evolved enormously in the past few years. Cybercriminals launch increasingly sophisticated attacks, and these attacks have only gotten worse since the arrival of the COVID-19 pandemic and the move to remote work.
In today’s unpredictable business environment, it’s more important than ever that your organization is protected against cybercrime. One of the best ways to ensure that your data is safe is to enforce identity and access management (IAM) — a method for defining the roles and privileges of individual users within your network.
Have you been to the hospital lately? If so, you’ve probably been attached to at least one medical device with at least some sort of internet access. According to Cisco, the average hospital room has, on average, 15-20 connected devices, with an average of 6.2 cybersecurity vulnerabilities between them.
Risk management of code is an important and often overlooked development function that you need to pay attention to. You may think that this is not a developer’s problem, however developers should not write code that unduly adds to technical debt, hence the need to manage risk. The primary motivation for risk management is to prevent error or failure. Do not seek to eliminate failure, seek to minimise it, to manage the risk of failure.
Viruses are the hot topic of 2021. We’re not just talking about the COVID-19 virus. Computer viruses, identity theft, and threat actors are no longer just the subject of sci-fi films and crime shows, but a reality of running a business. More than ever, cybersecurity is top of mind for business leaders. Whether you are a Fortune-500 Company or just launching your first venture, no business is too big or too small to escape the realities of today’s cyber threats.
Cybersecurity is one of the essential tasks for any business. It’s not just a matter of protecting your company’s data and information from external threats, but also ensuring that it remains robust to internal ones. All three, i.e. people, processes and technology, are your greatest asset. If they are not embedded and managed throughout the organisation, you can expect that they will inadvertently put your sensitive data at risk.
The PCAOB published fresh guidance last week about how auditors should handle evidence supplied by others to help the auditor assess financial statements, important performance or valuation metrics, and, well, all the other stuff that can go into an audit report these days.
