The healthcare sector in the United States has seen a continuous increase in both the frequency and cost of data breaches in the past decade. This is shown by a 61% rise in HIPAA violations from 2019 to 2020, resulting in penalties totaling $13 million for the sector. From 2020 to 2023, the average cost of a single healthcare data breach in the US rose nearly 30%, reaching a whopping $9.3 million.

What do Morgan Stanley, Samsung, and a New York credit union all have in common? They aren’t of the same scale, do not cater to the same customer needs, nor do they store similar data. But, if there’s one thing in common between these three organizations, it’s that they’ve all been victims of a data leak. Morgan Stanley, the banking conglomerate, suffered a data leak due to sheer negligence of handling data at rest.

In the modern, interconnected world, no organization is immune from a cyber attack. Indeed, most experts agree that it is a matter of “when,” not “if” an organization will be targeted by threat actors. If an attack is successful, the immediate costs — including potential ransom payments, lost revenue, and costs associated with remediation and restoration — can be substantial.

Grand View Research predict that USA demand for MSP services will double by 2030, a compound annual growth rate of 13%. It’s a similar story in most developed markets as businesses seek to outsource their non-core IT activities to experts. Such a strong sellers' market would normally mean easy growth. But MSPs cannot hope to recruit and train sufficient cyber security engineers. America has a 500,000 strong cybersecurity job gap.

Because online shopping is so important to us now, keeping payment information safe is very important. Payment Card Industry Data Security Standard (PCI DSS) was created to protect cardholder information that is private and to stop fraud. PCI DSS must be followed by any organization that handles, saves, or sends cardholder data. A Very Important Step: The PCI Compliance Test Organizations must go through a lot of tests and evaluations to show that they follow PCI DSS.

The CIS Critical Security Controls (CIS Controls) are a set of best practices designed to help organizations protect themselves from the most common cyber attacks. First developed in 2008, the controls define the minimum level of cybersecurity any organization that collects or maintains personal information should meet. CIS released version 8.1 of the CIS Critical Security Controls on June 25th, 2024.

As more organizations move their critical infrastructure to the cloud, ensuring security has become a top priority. This is where Cloud Security Posture Management (CSPM) comes in. CSPM solutions validate the configuration of cloud services from a security perspective, ensuring alignment with best practices and compliance frameworks such as CIS Benchmarks, PCI-DSS, NIST, and others.

The subscription model is a gift that keeps on giving. For customers, it offers convenience, flexibility, and continuous access to the services or products they love. For businesses, it creates a steady and predictable revenue stream, fosters long-term customer relationships, and provides valuable insights into user behavior. But here’s a third player in the game that loves subscriptions just as much: fraudsters.