Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

A botnet is a cluster of machines that are infected with malware, enabling hackers to control them and unleash a string of attacks. Most commonly, botnets come in the form of distributed denial of service (DDoS) attacks, and recently the Microsoft Azure DDoS Protection team reported a 25% increase in these attacks when compared to the first half of 2021. Recent advances in technology have opened up a world of new opportunities for both consumers and businesses.

Does the saying "compliance does not equal security" paint a holistic picture? Sure, the concept is genuine; meeting a single compliance standard will not directly improve security posture. However, after working with hundreds of organizations, we have learned there are key considerations that can help maximize the value and urgency of compliance requirements by channeling such efforts into more practical risk assessments.

A recent survey by the analyst firm Gartner showed that 89% of companies experienced a supplier risk event in the last five years; however, those companies' overall awareness and plans to mitigate lacked maturity. As a result, it is no longer enough to secure your own company's infrastructure. You must also evaluate the risk posed by third-party vendors and plan to monitor those organizations for breaches.

The latest Internet Security Report, produced by the WatchGuard Threat Lab team, compiles analysis detailing malware evolution and trends based on data collected from 35,180 Firebox devices worldwide. Its key findings are as follows: This rate of incidents that the report has outlined for Q3 2021 does not seem to have decreased in severity in recent months. For these reasons, organizations should adopt several measures in order to be better prepared for upcoming threats.

Due diligence is one of the most important steps before starting a partnership with a third-party business, as it reveals any hidden risks or vulnerabilities that could harm your network. In this blog, we will define third-party due diligence, explore the benefits of conducting cybersecurity due diligence, and describe how to get started.

Forrester recently predicted that in 2022, 60% of security incidents would involve third parties. Yikes! With such a large percentage of incidents taking place outside the confines of their organizations, corporate leaders need to know what to do to protect their business. So, here is a list of items to address to succeed at supply chain risk (SCR) management.

As cybersecurity regulations continue to tighten their grip on vendor security, a greater weight of responsibility is expected to fall on Third-Party Risk Management Programs. So if you're currently struggling to keep up with your vendor security due diligence, your workflow congestion will only worsen if a scalable and streamline vendor risk management program isn't achieved.

The increased connectivity in modern vehicles adds convenience to drivers and passengers. However, it also sets in motion a proliferation of new cyber threats. Automotive manufacturers and suppliers are working to protect against these threats, identifying and implementing best practices needed to make modern vehicles more resistant to cyber-attacks.

Since the start of the pandemic, the cyber insurance industry has been facing its biggest challenge to date. A ransomware crime spree is demonstrating the speed and scale of cyber risk and how this type of risk is unlike any other insurable risk. The number of ransomware attacks increased by 150%. Total ransoms paid are up 311%. The dramatic rise in frequency and severity resulted in a record high loss ratio of 67% for insurance carriers.

The growing wave of cybercrime targets businesses in every industry, and law firms are no exception. With many unique cybersecurity risks, law firms are more onerous to secure than other organizations. In addition to having to fend off threats from cybercriminals, they must also overcome the threat posed by hacktivists and nation-states. Law firms are especially attractive to bad actors because attorneys need access to highly sensitive data to provide legal services.