Businesses are shifting their operations to a remote work model in the midst of the COVID-19 lockdown. While this enables business to generally continue as normal, there has also been a rise in cyberattacks because of this shift as reported by national cybersecurity agency CERT-In. Security experts have also predicted a 30-40 percent hike in cyberattacks due to increased remote working.
On March 27, 2020, President Trump signed an unprecedented $2 trillion stimulus package into law. The legislation received support from both chambers of the U.S. Congress for its goal to minimize the economic effects of the global coronavirus 2019 (COVID-19) pandemic, reported CNN. A key component of that package was the direction to provide economic relief to Americans in the form of stimulus checks of varying amounts depending upon their income.
Digital attacks continue to weigh on the minds of industrial cybersecurity (ICS) professionals. In a 2019 survey, 88% of ICS experts told Tripwire they were worried about what a digital attack could mean for their industrial organization. The rate was even higher for those working in the manufacturing and oil & gas sectors at 89% and 97%, respectively. Such widely held concern suggests a need for industrial organizations to make greater investments in their digital security posture.
With most of the country sheltering in place and so many people working remotely, work-life balance is taking on a new meaning and cloud infrastructure is taking a beating. The dramatic increase in daily activity and network use is creating both a visibility challenge and an operating model shift for already lean security teams.
The Factor Analysis of Information Risk (FAIR) framework was developed by Jack Jones. FAIR is a risk management framework championed by the open group that enables organizations to analyze, measure, and understand risk. The FAIR model evaluates factors that contribute to IT risk and how they impact each other while breaking down risk by identifying and defining the risk model. FAIR is most often used to establish probabilities for the frequency and magnitude of data loss.
Cyber attacks are unfortunately inevitable. It’s important to security harden your networks as much as possible. But your organization must also be prepared for incident response. Effective incident response involves an awareness of various cyber risks and threats, having a plan to respond to the various ways they manifest, and having a team that can think quick on their feet when they actually occur.
Slack is a cloud-based messaging platform that is commonly used in workplace communications. It is feature-rich, offering additional functionality such as video calling and screen sharing in addition to a marketplace containing thousands of third-party applications and add-ons. Slack Incoming Webhooks allow you to post messages from your applications to Slack.
The unfortunate truth is outsourcing to third-parties introduces significant cyber risk. The news is inundated with third-party data breaches and data leaks. With the average cost of a data breach at nearly $4 million globally, it makes sense to invest in tools to prevent data breaches. This is why cybersecurity vendor risk management (VRM) has become a top priority for CISOs and other members of senior management, even at the Board level.
There are a few things that are easy to take for granted in a traditional office setting: the impromptu idea sharing that happens in unscheduled conversations, quick and easy access to audio-visual tools, and the energy that comes from being around others are just a few. But more importantly, it’s easy to forget that high-speed Internet access isn’t as ubiquitous as it sometimes seems, and there are many people, areas and job sites that have limited access and connectivity.
The Health Insurance Portability and Accountability Act, also known as HIPAA, is a compliance standard that was implemented after all health-related information was digitized. The crux of the act is to ensure that all sensitive electronic protected health information (ePHI) has restricted, secure access. Various aspects of your network determine your compliance with HIPAA standards. Let’s discuss some of these important components in detail.
