Your business is at high risk if you have no security measures. A cyber-attack can cause devastating financial damage to your business, including legal liabilities. Cyber-attacks can result in lasting adverse repercussions on the reputation, as clients and customers can lose faith in your business if their personal data gets leaked. It can affect productivity, but you can mitigate the impact of attacks by deploying protective gear and training systems for your business and employees.
Today, the number and diversity of connected devices continue to grow in enterprises, no matter which sector they operate in. This has created a new challenge for organizations as they need to understand and manage the risks they are exposed to. We keep saying that the attack surface is expanding, and that's because it now spans IT, IoT, and OT for most enterprises, with the addition of IoMT in healthcare.
We live in a world that depends on embedded software. It’s in the cars we drive, the elevators we take and the airplanes we travel in. As these systems become more and more complex, it becomes increasingly challenging to ensure that the interaction between embedded software and hardware remains functional and secure. Due to the nature of embedded systems and the devastating consequences of failures, many traditional testing methods fall short of providing adequate security for them.
The healthcare sector has become a popular target for cybercriminals and is one of the most targeted industries by cyber criminals. In 2022, 324 attacks were reported in the first half of the year. As bad actors continue to target the healthcare industry, cybersecurity experts and healthcare administrators should be aware that attacks are frequently impacting smaller companies. These numbers point to unusual trends occurring in the healthcare industry.
Every person in an organisation has the potential to enhance security. Physical office barriers were removed during the pandemic, exposing companies to countless vulnerabilities as attack avenues have multiplied. However, this does not mean that all was lost. What it signals is the importance of promoting a culture of security across the entire corporate environment, no matter how broadly that environment lies.