Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

It all started with a statement from the US Securities and Exchange Commission’s (SEC) Jaime Lizárraga. The commissioner revealed that a staggering 83% of companies suffered from multiple data breaches last year, with an average expense of $9.44 million in the United States— a dramatic increase of 600% over the past ten years.

On July 26, 2023, the U.S. Securities and Exchange Commission (SEC) voted to adopt new cybersecurity requirements for publicly traded companies. These regulations create new obligations for reporting material cybersecurity incidents and disclosing critical information related to cybersecurity risk management, expertise, and governance. Companies will be required to disclose risks in their annual reports beginning on December 15, 2023.

In 2022, the finance industry suffered the second-highest number of data breaches. Besides implementing an attack surface management solution, the finance sector must also ensure its remediation product can quickly and efficiently address cybersecurity risks. If you’re in the market for a cyber risk remediation product, this post outlines the key features to look for to maximize the ROI of your new IT security tool. Learn how UpGuard protects financial services from data breaches >

Cyber risk remediation, the process of actively identifying, remediating, and mitigating cybersecurity risks, is particularly critical for the technology industry. With its characteristic enthusiasm towards adopting the latest trends in innovation, without a cyber threat remediation product, tech companies are unknowingly increasing their risk to a swatch of data breach risks.

The recent rise of ransomware, attacks on supply chains and increasing costliness of privacy regulations has made cyber insurance an important topic of discussion. But it can be tricky to keep up with cyber insurance requirements. One of the most robust ways to meet those requirements is with multi-factor authentication (MFA).

So you've received a critical risk finding for SSL not available, which means your domain does not have an SSL certificate installed on the server. To resolve this finding, you can generate and supply an up-to-date SSL/TLS certificate on your site. SSL, which stands for secure sockets layer, and its successor TLS, or transport layer security, are internet protocols for securing traffic between systems with an encryption algorithm.

A cybersecurity risk assessment is an examination of an organization or potential vendor’s current technology, security controls, policies, and procedures and which potential threats or attacks could affect the company’s most critical assets and data. Organizations can use cybersecurity risk assessments to understand their ability to protect sensitive data, information, and critical assets from cyber attacks.

On May 29 2023, the Cybersecurity Division of the Commerce and Information Policy Bureau of the Ministry of Economy, Trade and Industry of Japan (METI) released an introduction guidance on Attack Surface Management (ASM) as a response to the increased cyber threats as a result of companies’ rapid digital transformation has led to a dynamic and growth of their internet footprint and possible attack vectors.

If your organization is like many others, its cyber exposure continues to grow over time. During the pandemic, as attackers sought to exploit unprecedented changes in work environments, 35% of cyberattacks used previously unseen malware or methods, up from the norm of 20%. And with the average enterprise using well over 1,000 cloud services, it can be very difficult to get a handle on potential vulnerabilities or to know when risks will pop up.