Data is among the most valuable assets that need to be safeguarded at all costs. But in the digitally-driven business world, cybercrimes are prevalent, making data protection and data privacy a main focal point. The increasing use of technology and the growing exposure to evolving cyber threats have dramatically changed the data security and privacy landscape. For these reasons, international regulatory bodies around the world have created stringent data privacy laws for businesses to meet.

As we enter 2022, it’s important that organizations invest in cybersecurity for their operational technology (OT) systems. Why? One of the reasons is that Industry 4.0 can sometimes introduce more risk for OT. This is evident in several Industry 4.0 market trends. For example, there’s digital twin infrastructure. That’s where you make a digital copy of your production facility or your machine.

Mega-breaches, or reported breach incidents that impact more than one million records, have increased dramatically. Our analysis shows that, on average, mega-breaches increased 36% year over year since 2016. In total, mega-breach incidents that we analyzed cost at minimum a combined $8.8 billion and exposed 51 billion records.

Passwords are dying as a sole security measure, particularly within financial services. It is widely expected (and in the UK, mandatory) that any institution responsible for finances, from banks to brokers and even crypto wallets, should be implementing multi factor authentication (MFA) to prevent fraudsters gaining access to accounts using automated attacks, even if they know the user’s password.

With the recent release of Sysmon (System Monitor) for Linux by Microsoft, new opportunities for monitoring, detection development, and defense are now possible. Sysmon for Windows is a very popular tool among detection developers and blue teamers as it provides extensive details from system activity and windows logs. Due to the extensive information this service/driver provides in Microsoft Windows, it is very useful when researching attacks and replicating malicious payloads on lab machines.

It would be hard to overstate the critical importance of security orchestration, automation and response (SOAR) capabilities for the effective mission success of security operations centers (SOC). Without a solid SOAR capability in place, an SOC will be easily overwhelmed with routine and repetitive tasks that in and of themselves could become a vulnerability.

Following the 2021 cyberattack on Colonial Pipeline that caused a nationwide supply-chain disruption, numerous cybersecurity companies and federal agencies increased their efforts to find and shut down ransomware groups and curb the rise of cyberattacks. Those efforts have resulted in the shutdown of ransomware-as-a-Service (RaaS) groups such as DarkSide and REvil, which had been targeting critical infrastructure including healthcare providers of financial systems.

The year 2021 started off with organizations slowly reopening their doors and welcoming back their employees. This couldn’t happen overnight, of course. It meant devising new IT strategies to accommodate a hybrid workforce. Ensuring the organization’s business continuity is crucial for it’s sustenance, and this became the IT department’s primary mission.

Organizations need to stay ahead of the ever-evolving security landscape. It’s no secret that Zero Trust security is crucial for successful endpoint protection. Due to the rapid transition to a remote workforce and shift from the traditional data center into dynamic cloud infrastructure we’ve witnessed in the last year, more and more companies are finding the need to accelerate their digital transformation to keep pace with the expanding threat surface.

The unexpected and rapid switch from the global workforce to the WFH setup caused by the coronavirus pandemic has prompted companies around the world to make extensive infrastructure adjustments to support employees working exclusively from home. According to the new IDC forecast, the number of mobile workers in the US will steadily increase from 78.5 million in 2020 to 93.5 million in 2024 over the next four years.