2019 was the worst year on record for data breaches by a long shot, increasing by nearly 79% from 2018. Billions of records were compromised as bad actors exploited vulnerabilities and insiders accidentally and maliciously compromised customer and company data. Unfortunately, the record won’t last long. As we approach the halfway point in 2020, this year is already on pace to be the most devastating year ever for data breaches.
Ships are increasingly using systems that rely on digitalization, integration, and automation, which call for cyber risk management on board. As technology continues to develop, the convergence of information technology (IT) and operational technology (OT) onboard ships and their connection to the Internet creates an increased attack surface that needs to be addressed.
As the business world adjusts to the chaotic landscape of today’s economy, securing access from remote devices and endpoints has never been more critical. Equally critical is the requirement for organizations and their employees to practice good security hygiene. With the rising number of endpoints (laptops, servers, tablets, smartphones) requiring access to corporate networks, the range of attackable targets for malicious actors has broadened substantially.
By now, most are familiar with the concept of DevSecOps. With DevSecOps, application security (AppSec) is moved to the beginning of the software development lifecycle (SDLC). By scanning earlier in the SDLC, you are able to find and fix flaws earlier. This can result in significant time and cost savings. Most organizations understand the importance of static analysis, which scans for flaws during development, but dynamic application security testing (DAST) is just as important.
The term “espionage” often brings images of double agents and covert undercover missions to mind. This is how espionage is depicted in the movies, but in real life, it can take on many other forms. Businesses may not need to worry about James Bond spying on their company, but they should be concerned about corporate espionage. Corporate espionage, often referred to as industrial espionage, is the practice of spying for financial or commercial gain.
In case 2020 wasn’t dystopian enough, here’s some more unbelievable news. On July 15, 2020, social media giant Twitter admitted it fell victim to a security breach. The attackers targetted 130 Twitter accounts, including several belonging to high-profile individuals such as elected officials; former president Barack Obama; and business leaders including Bill Gates, Jeff Bezos, and Elon Musk.
