Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

IBM’s former executive chairman and CEO, Ginni Rometty — who created a 6000-strong Security Business Unit at IBM to counter cybercrime in 2015 — described data as a game-changing source of competitive advantage for the 21st century. Rometty noted that cybercrime is and should be the biggest threat to every industry and organization.

Insurance companies are among the businesses more reliant than ever on technology and information systems for daily processes. Insurance technology, or insurtech, improves the efficiency of the insurance industry but can also increase attack surfaces, making the data insurers collect more vulnerable to theft.

‍Cybersecurity is essential to protect e-commerce websites from scams, hackers, and other cybersecurity threats. Whether it’s a small business or an enterprise-level operation, all business owners need to ensure their enterprises use sufficient security measures to prevent data breaches and can respond effectively to a successful security breach. While e-commerce businesses face significant inherent risks, best cybersecurity practices can mitigate and remediate many security issues.

Manufacturing companies currently exist in a period of rapid change deemed the Fourth Industrial Revolution. Driven by technological innovation, this era represents unparalleled productivity and potential that includes not only multi-million dollar international industry leaders but also small and medium-sized businesses. This is because many implicated technologies do not require a significant financial investment.

Businesses of all sizes have leveraged the power of social media to increase brand awareness and connect with consumers, both locally and globally. However, the rapid growth of social media use has left businesses unaware of the many cyber risks associated with social media. While some individuals or businesses may be familiar with common cyberspace security issues, businesses must understand social media’s impact on cybersecurity on both a personal and consumer level.

Third-party software security risks are on the rise, and so are the significant cyberattacks they facilitate. According to a CrowdStrike report, 45% of surveyed organizations said they experienced at least one software supply chain attack in 2021. In 2023, the average number of SaaS apps used by each company is 130 - a 5x increase compared to 2021.

Healthcare is one of the most targeted sectors due to the large amounts of valuable patient data, medical records, and protected health information (PHI) that institutions handle. Additionally, the healthcare sector and its service providers are notoriously slow at adopting new technology, making them particularly vulnerable to external cyber attacks.