It’s clear from the latest Cloud Native Computing Foundation survey that containerized environments have become mainstream, increasing automation at scale for companies. But, in the cloud-native environment, changes are constant and runtime is extremely dynamic. And while automation can help eliminate manual work, it can also replicate mistakes and risk at cloud scale.
Over the past several years, telecommuting, or remote work, has gained significant traction across a wide variety of industries. According to a recent survey conducted by OWL Labs, 48 percent of employees worked from home at least once a week in 2019, and 34 percent were even willing to take a pay cut in order to work remotely.
Potential attackers are really good at what they do. Security analysts see this firsthand with the amount of phishing emails their organizations see daily. A newly released State of the Phish report reveals that nearly 90% of organizations dealt with business email compromise (BEC) attacks in 2019. End users reported 9.2 million suspicious phishing emails globally for the year.
I’m very fortunate in the COVID-19 situation. My job as editor of the AT&T Cybersecurity blog lends itself well to working from home. In fact, even before the virus I had the privilege to work from home some of the time – of course with a VPN and other security measures, on company equipment. The biggest impact has been personal for me. I miss my colleagues at work. I miss the in-person laughs and socializing.
The average cost of a data breach is now nearly $4 million and the unfortunate truth is third-parties are a significant source of cyber risk. This is why cybersecurity vendor risk management (VRM) has become a top priority for CISOs, Vice Presidents of Security, and other members of senior management, even at the Board level. In addition to financial costs, there are increased regulatory and reputational costs.
Every day third-party data breaches and data leaks inundated our news cycle. And for good reason, the average cost of a data breach is nearly $4 million globally. This has led to organizations looking for ways to reduce cyber risk and prevent data breaches. Vendor risk management (VRM) is now a top priority for CISOs and other members of senior management, even at the Board level.
Every day the news is filled with third-party data breaches and data leaks. And for a good reason, they often expose the protected health information and personally identifiable information of thousands or even hundreds of millions of people. For context, the Ponemon Institute estimates that the average cost of a data breach is nearly $4 million globally.
Scams leveraging coronavirus 2019 (COVID-19) as a lure have stolen tens of millions of dollars from their victims. As of April 16, 2020, the Federal Trade Commission (FTC) had received 20,334 consumer reports of fraud attempts pertaining to the coronavirus since the beginning of the year. Those attacks that proved successful had caused their victims more than $15 million in damages at the time of writing. Unfortunately, both of those figures are likely to grow as time goes on.
