Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

The past year and a half has posed unprecedented challenges to society, at every level. For companies adjusting to a more distributed workforce, with newly remote workers and no central place of business to anchor their teams, the corresponding flood of unmanaged content and shadow IT has been a serious test of their organizational fortitude. For these companies, business-critical content can go unchecked, dispersed between the cloud and corporate hard drives—a scenario known as content sprawl.

The AEC industry is very familiar with good risk management. Whether it is managing safety risk, financial risk, legal risk, or project risk, AEC firms are adept at identifying, prioritizing and mitigating risk. Today, the risk of ransomware seems high, with a steady stream of news stories about the latest company to fall victim to an attack. But is it high for everyone in every industry?

Security Information and Event Management (SIEM) technology provides visibility across an organization's information security systems by collecting and correlating events from logs across many different sources. Security analysts use tools like a SIEM to go “threat hunting”. By correlating disparate events across systems, they can often detect Indicators of Compromise (IoC’s) that may otherwise go unnoticed on individual systems.

Ransomware. Nearly every day, we learn about another major attack on companies such as JBS, Kaseya, and Quanta, a key supplier to Apple. Along with the increase in attacks, recent reports have shown the average ransomware recovery cost skyrocketed to $1.85 million this year. And, as companies have become more willing to accept attackers’ ransom demands to restore their mission-critical operations, the average ransomware payment has jumped to more than $170,000.