It’s safe to say that we are at a juncture where Zero Trust architecture is being heralded as the gold standard when it comes to cybersecurity. This architecture gives top priority to user behavior and assets as the primary line of defense from cyber threats. Even though the vast majority of companies worldwide have adopted Zero Trust, only 1% actually meet the requirements.

ABB is a Swiss-based technology company that has contracts with the US government along with other local governments and major companies in different parts of the world. The company specializes in industrial control systems and SCADA systems for manufacturing and energy suppliers. This industrial services company maintains valuable data for many high-profile organizations, which puts those organizations at risk if there is ever a data breach.

Organizations rely on dozens or hundreds of third-party vendors every day to provide strategic services. Due to the increased reliance on outsourcing, the need to automatically and continuously monitor and manage vendors is not an option—it’s a business imperative. As the frequency and severity of third-party data breaches continue to escalate, your organization must remain vigilant so it can effectively protect its network and data from cyberattacks.

Cybersecurity is a top risk for corporate directors to understand and navigate. The implications of cyber events for a company are many and growing: instantly damaged reputations that erode years of credibility and trust with customers and investors, impaired profitability from customer attrition and increased operating costs, lost intellectual property, fines and litigation, and harm to a company’s people and culture.

Cybersecurity is practice of protecting information technology (IT) infrastructure assets such as computers, networks, mobile devices, servers, hardware, software, and data (personal & financial) against attacks, breaches and unauthorised access. Due to bloom of technology, most of all businesses rely on IT services, making cybersecurity a critical part of IT infrastructure in any business.

We have officially entered the 12-month countdown to the enactment of the new Payment Card Industry Data Security Standard (PCI DSS). The new version, 4.0, set to go into effect on April 1, 2024, contains some interesting and notable changes. Is your organization ready to meet the new requirements? In this 6-part series, we spoke with specialists who help to break down the changes to make your transition to the new Standard as easy as possible.