As tech budgets start to return to a pre-pandemic state, it will be interesting to see where priorities have shifted to over the past year and a half – especially when it comes to cybersecurity. We’ve taken a look at a few major industry reports to give you an idea of shifting plans, and where cybersecurity sits as a priority in 2022 budgets.
The 2021 ICO Annual Report highlights areas of concern for UK organisations, including the rise of ransomware, the constant threat of email phishing, and the lack of public faith in companies’ handling of data. Let’s dive into some of the more interesting findings from the regulatory body’s latest report.
After being hit by a ransomware or phishing attack, it might be tempting for businesses to think the damage has been done and they can now focus on rebuilding. This is rarely the case. Research shows that 80% of organisations targeted by ransomware end up suffering another attack – and 46% are targeted by the same cybercriminals that hit them in the first place.
Data protection has matured incredibly over the last 10 years. The ‘privacy industry’ has gone through a metamorphosis not seen in many other disciplines. Now, as we reflect on the organisational changes the pandemic introduced, we must recognise that being able to quickly access and share accurate data is critical to every business’ success – regardless of where employees are working from.
Healthcare providers collect, process and share citizens’ most highly sensitive personal data – from names, dates of birth and contact details, to medical and financial information. The loss of this data by healthcare organisations can cause significant emotional distress to patients if private medical conditions are disclosed, and also make them more vulnerable to identity theft, fraud and further cyberattacks.
I want to talk to you about Peter. He’s a new hire at your company, having joined a couple of days ago. He can just about remember the names of his teammates. The HR Manager has told him to look out for an email so that he can create an account on the company’s employee portal. As expected, he receives an email and clicks on the link provided to enter his credentials.