Cybercrime is on the rise. By 2025, the cost of cybercrime around the world is estimated to escalate to $10.5 trillion, based on a year-over-year increase of 15%. This number represents the potential for the largest transfer of economic wealth in history and exceeds even the total global profits from the illegal drug trade.

Philly is the most populous city in the United States, hosting more than 1.5 million residents within its borders. The City employs around 30,000 people, fulfilling over 1,000 job categories. Recently, the City discovered suspicious activity within its email system, leading to potential information exposures of those with accessible accounts. If you have a city email account, your information could be at risk for misuse.

In my last post, I highlighted what organisations can and should do to improve their cyber resilience. Not only will this help them obtain cyber insurance, but it will also help them retain it as well. Another way to improve your ability to meet cyber insurers’ qualification standards is to leverage outside help through managed service provider (MSP) partnerships.

Firewalls form the first line of defense against intrusive hackers trying to infiltrate internal networks and steal sensitive data. They act as a barrier between networks, clearly defining the perimeters of each. The earliest generation of packet-filter firewalls were rudimentary compared to today’s next-generation firewalls, but cybercrime threats were also less sophisticated. Since then, cybersecurity vendors have added new security features to firewalls in response to emerging cyber threats.

All organizations eventually inherit outdated technology infrastructure. As new technology becomes available, old apps and services become increasingly expensive to maintain. That expense can come in a variety of forms: Cloud computing is one of the most significant developments of the past decade. Organizations are increasingly moving their legacy IT assets to new environments hosted on cloud services like Amazon Web Services or Microsoft Azure.

Fortified network security requires getting a variety of systems and platforms to work together. Security teams need to scan for potential threats, look for new vulnerabilities in the network, and install software patches in order to keep these different parts working smoothly. While small organizations with dedicated cybersecurity teams may process these tasks manually at first, growing audit demands will quickly outpace their capabilities.

Riscosity has joined forces with SecurityScorecard! This new partnership enables SecurityScorecard and Riscosity users to scale their business using only trusted vendors and ensuring that the right data is going to the right place. Together we’re helping compliance and security teams scale their programs, and significantly reduce their applications' attack surface.

Cooperation is the key to success, so working with third parties helps your organization increase efficiency, offer better products and services, employ highly qualified experts, and cut costs. But all these benefits come at the price of additional cybersecurity risks. Minor flaws in your third-party vendor’s security and privacy routines may lead to a breach in your organization’s cybersecurity.

Security Information and Event Management (SIEM) protects organizational assets in today's evolving cybersecurity landscape. As threats become more sophisticated, the importance of well-structured SIEM use cases cannot be underestimated. Dive in as we explore the modern approaches to building, organizing, and prioritizing SIEM use cases. Read on to learn the right approach to building SIEM use casesGathering the Right Data for Meaningful Insights The top ten use cases you cannot afford to miss.