Our world is changing rapidly. More than ever, organizations are reliant on digital technologies to do business. Cyber threats continue to evolve as adversaries seek to exploit digital connections for financial gain. Today, SecurityScorecard has announced the acquisition of LIFARS, a global leader in digital forensics, incident response, ransomware mitigation and cyber resiliency services.
Cyber attacks are major threats to organizations and industries across the board. And as technology advances, cybersecurity continues to be the focus that requires serious attention. However, many have weaknesses and gaps in their cybersecurity strategy. Common weaknesses can include the failure to identify and mitigate risks, as well as maintain compliance in the industry – leaving organizations more vulnerable to attacks.
With the release of our new Badges feature, you can add a “Seal of Trust” to your website so your partners can easily see a snapshot of your security health.
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.
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.
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 second a system is connected to a network, it becomes vulnerable to a cyber attack. We’ve seen news of companies experiencing cyber attacks across different industries more often than we can count. But now that the automotive industry has joined the digital bandwagon, cybersecurity threats and attacks are also becoming an issue.
