According to the Verizon 2023 Data Breach Investigations Report, basic web application attacks, which consist largely of leveraging vulnerabilities and stolen credentials to get access to an organization’s assets, are the most prevalent pattern of attack against the financial services sector.
Jackson National Life Insurance is based in Lansing, Michigan, and was founded in 1961. This insurance and annuities company offers retail brokerage services and offers asset management services to its customers. Nearly 3,000 people are employed by the company, and it has an annual revenue of $14.4 billion. This large-scale insurance company is just one of the many recent organizations to be hurt by the MOVEit file transfer service breaches.
Behind every important business process is a solid network infrastructure that lets us access all of these services. But for an efficient and available network, you need an optimization framework to maintain a strong network lifecycle. It can be carried out as a lifecycle process to ensure continuous monitoring, management, automation, and improvement.
Every company has workers that have been there from the beginning and worked in every department. Knowledge of the company’s processes makes them valuable employees, but they can also access and put at risk lots of sensitive data. Regular user access reviews can help you mitigate this risk and safeguard your critical assets. Regularly reviewing user access is an essential part of access management.
Twenty-five percent: Any idea what this percentage is referring to? Let’s take some wild guesses: A five-year CAGR of your investments? Your yearly salary hike? If any of your guesses were remotely close to these happy responses, we’re sorry to break your heart! This percentage depicts the rise in the number of identified vulnerabilities in 2022 over the previous year. 2022 saw an alarming spike of 25% in identified vulnerabilities, the count rising to 25,227 from 20,171 previously.
The Better Business Bureau (BBB) has warned of a scam in which attackers pose as process servers in order to steal information and commit identity theft. “You receive a call from an unknown or blocked number from a person claiming to be a process server,” the Bureau says. “They might say there is a lien on your home or someone is taking you to court over unpaid medical bills.
The past few years have been among the most challenging for most businesses. Lockdowns, staff reductions, and reduced revenues resulted in the demise of many businesses. For those who remained, the new onuses brought about by supply chain concerns and inflation present even greater reasons for maximum resilience in order to survive.
