Digital transformation is at the heart of every industry. There are no longer any industries that are immune to the rapid adoption of this movement. When we think of the construction industry, we may think back to an image of ironworkers sitting over a city and enjoying a lunch break on a construction beam. However, rapid digitalization has transformed the construction industry and will continue to drive change and encourage innovation.

In the beginning of May, a U.S. pipeline company suffered a ransomware attack. The company decided to respond by halting operations while it investigated the incident. This delayed tens of millions of gallons of fuel from reaching their destination all along the East Coast. Less than a week later, Bloomberg reported that the company had paid millions of dollars to a ransomware group in order to regain access to their systems. U.S.

Everything evolves. Simply stated, the gradual development of something from a simple to a more complex form is what evolution is all about. When something ceases to evolve, yet still exists, it becomes classified as a living fossil. One example is the Ginkgo Biloba tree. It took millions of years for this evolution to cease. This all happened without any help from humans.

When it comes to evaluating technology in the home, there seems to be no shortage of new devices and shiny gadgets, mainly part of the Internet of Things (IoT), to discuss. Unfortunately, there seems to be no shortage of security issues to consider regarding these same devices, either.

Most organizations have already begun their shift to the cloud. In its Cloud Computing Survey 2020, for instance, International Data Group (IDG) found that 81% of respondents had at least one workload or segment of their computing infrastructure in the cloud. That percentage could grow by the end of the year, as IDG found that 32% of total IT budgets will go to cloud computing—up from 30% in 2018.

Confidence isn’t new when it comes to cybersecurity. All the way back in 2015, for example, 86% of security professionals working in the energy sector told Tripwire that they were confident they could detect a breach in a week. Just less than half (49%) said it wouldn’t take them longer than a day to spot an attack. It was the same story a year later when Tripwire surveyed infosec professionals in the retail sector.

Back in 2018, the State of Security spent a lot of time going over v7 of the Center for Internet Security’s Critical Security Controls (CIS Controls). We noted at the time how the Center for Internet Security shuffled the order of requirements for many of the existing controls in that version. It also cleaned up the language of the CIS Controls, simplified some working, removed duplicate requirements, and created an abstract for each of the security measures.

Data breaches are costing organizations millions of dollars on average. In its 2020 Cost of a Data Breach Report, IBM found that a data breach cost the average organization $3.86 million. This price tag was even greater for organizations located in the United States and operating in the healthcare industry at $8.64 million and $7.13 million, respectively. What’s behind this price tag, you ask?

If you are new to the security world, it is fair to ask yourself, “Isn’t access to data and systems always conditional? Isn’t it always granted to someone who has access to the credentials (ID and password)?” True enough, but in totality, the approach to managing access encompasses a broader spectrum of privacy policies. These policies include a mix of different strategies that can be applied based on an organization’s security vulnerabilities.