According to a PwC poll, the epidemic has increased the number of employees working from home to almost 70%. Remote working, however, has its own set of risks. Companies are vulnerable to a host of network attacks because of employee-owned devices, insecure connections, and inappropriate device usage. That is where cybersecurity awareness training for employees comes into the picture and plays a key role in preventing cyber attacks.

As more and more businesses and individuals choose to store their data online, ensuring the safety of information is becoming exceptionally crucial. According to recent statistics from the Hosting Tribunal, over 95% of IT professionals use cloud storage. This number is expected to grow steadily.

An increasing number of modern security conscious companies have Chief Information Security Officers (CISOs) on the payroll to help them manage their environment from increasingly sophisticated cyber threats. Unfortunately, many other organizations are not currently able to employ a full time CISO. This can be related to a series of contributing factors including a lack of necessary budget, competing priorities, or unfilled vacancies due to a shortage of qualified candidates.

HIPAA requires covered entities and business associates to secure protected health information (PHI). Failing to do so can result in steep fines and penalties. Some PHI breaches, however, are out of the organization’s control. Determined hackers can expose PHI, and employees can make mistakes — they’re only human, Despite training, rigorous security protocols, and constant monitoring, data breaches can happen.

The cybersecurity community uses the term Advanced Persistent Threats to refer to threats that have extremely long persistence on a particular target—often lurking inside a target system for years. Their targets can include government agencies (at all levels), including contractors and suppliers far down the supply chain. Due to their passive nature, you may not even realize that your organization is a target for an APT. In fact, your infrastructure may already be infiltrated.

For the next interview in our series speaking to technology and IT leaders around the world, we’ve welcomed Cybellum CEO Slava Bronfman to share his views on the state of security today.

Senior-level executives handle sensitive data and information daily – making them an enticing target for cybercriminals. One of the most complex schemes to date is the whaling attack, in which hackers impersonate high-ranking employees to gain access to computer systems and networks. Whaling attacks have seen a dramatic 131% increase between Q1 2020 and Q1 2021, costing enterprises around $1.8 billion in damages.