Cyber threats are growing more sophisticated, covert, and frequent every day. This year alone has seen the likes of T-Mobile and PharMerica suffering serious security breaches. These incidents disrupted operations and threatened their bottom lines, not to mention the lingering aftereffects and negative brand perception in the eyes of their customers.
The term Internet of Things (IoT) describes a network of technologies and services where various devices are interconnected and exchange data. These devices can be anything from wearable fitness trackers, smart televisions, and wireless infusion pumps to cars and many others.
The National Institute of Standards and Technology (NIST) Cybersecurity Framework (CSF) 1.1 has been a critical reference to help reduce or mitigate cybersecurity threats to Critical Infrastructures. First launched in 2014, it remains the de facto framework to address the cyber threats we have seen. However, with an eye toward addressing more targeted, sophisticated, and coordinated future threats, it was universally acknowledged that NIST CSF 1.1 required updating.
In our interconnected world, the value of data is growing with cyber threats also on the rise. This causes the security and protection of data to become crucial. Organizations have become compelled to adopt strict measures to safeguard their data. Implementing security practices in data protection and encryption ensures the confidentiality, integrity, and availability of the data stored in the cloud.
Environmental sustainability is more important than ever before for organizations across all sectors. Sustainability concerns including geopolitics, future-focused developments, advanced ESG reporting, and building sustainability into supply chains going forward are all significant trends shaping businesses in 2023 and beyond.
Researchers at Cyfirma outline trends in phishing campaigns around the world, finding that Singapore is disproportionately targeted by phishing attacks. Singapore’s position at 5th place “Between 1st January and 1st August, CYFIRMA’s telemetry recorded 410,793 phishing campaigns,” the researchers write.
