A policy, by definition, is a statement of management intent that is mandatory for an organization. A security policy, obviously, focuses on the security of information assets.

When FedEx founder Fred Smith attended Yale in the mid-1960s, he wrote an economics paper describing the concept of overnight delivery of packages by air. His professor infamously gave him a “C” grade because he viewed it as implausible. But Smith knew something his professor didn’t—and it was an idea that would change the way the business world worked forever. I bring this story up for two reasons. For one thing, I worked for FedEx and learned a lot from my time there.

In a dramatic twist befitting a digital thriller, a malware analyst at SecurityScorecard turned the tables on cybercriminals, rescuing a company from a staggering $500,000 ransomware demand. This story isn’t just about a single incident; it’s a testament to the power of cybersecurity expertise in the ongoing battle against ransomware, a menace that recorded 493 million instances in 2022 alone.

The rise of cloud computing has been one of the most transformative technologies of the past several decades. According to research firm Gartner, public cloud services spending will increase from $313 billion in 2020 to $482 billion in 2022. Further, by 2026, it will exceed 45 percent of all enterprise IT spending, up from less than 17 percent in 2021. There’s no doubt that cloud adoption will continue to increase.

Acknowledging the invaluable role of spreadsheets in managing Governance, Risk, and Compliance (GRC) tasks over the years is like tipping our hats to a steadfast companion. These trusty tools have been the go-to for many organizations, embedded so deeply that a 2020 Forrester Research study revealed that 82 percent still rely on spreadsheets for handling third-party risk. And undeniably, they’ve served their purpose to a certain point.

For many organizations, the transition to the cloud for data storage is inevitable. Whether shifting operations entirely to a cloud environment or modernizing your systems using cloud-based applications, you must choose the best cloud computing platform with the best cloud security for your compliance program.

During my first few years as a CISO at Avid Technology, I was able to install a robust cybersecurity program. (Avid is a software provider that equips digital content creators with innovative tools.) With the help of my security team, Avid had become more mature in their control measures. This maturity meant we were better armed to address cyber vulnerabilities. ‍ Unfortunately, on top of my regular duties, I also had to face an even greater challenge.

The Service Location Protocol (SLP), as defined in the RFCs, is vulnerable to abuse allowing attackers to use it as a powerful reflective denial-of-service amplification vector. Earlier this year, Bitsight and Curesec published a joint research regarding this flaw tracked as CVE-2023-29552, which details the issue as well as its global impact and exposure.

The automotive industry stands at the crossroads of innovation and vulnerability. As cars become increasingly connected, with advanced systems and features that rely on intricate software, the rise of automotive hacking has become a pressing concern. The convergence of traditional mechanical engineering and cutting-edge software has given rise to a new breed of threats that extend beyond physical security, delving into the digital realm of vehicle control systems.

In today’s complicated, highly interdependent business environment, assuring business security is not just a regulatory requirement. It’s also a vital component of a successful business strategy. Automation becomes crucial in such a world, offering innovative solutions that streamline operations, mitigate risks, enhance overall safety, and provide peace of mind.