Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

The financial industry experienced the second-highest data breach cost in 2023, according to IBM. This includes breaches that affected credit unions as well as other financial institutions. But, despite costs, what else is at stake if a credit union is breached? If a credit union is breached, customer Personally Identifiable Information (PII) is at risk of being exposed and used for malicious purposes such as identity theft and fraud.

Penetration testing is a cornerstone of any mature security program and is a mature and well understood practice supported by robust methodologies, tools, and frameworks. The tactical goals of these engagements typically revolve around identification and exploitation of vulnerabilities in technology, processes, and people to gain initial, elevated, and administrative access to the target environment.

Starting from basics, what is the Cybersecurity meaning, what does cyber security do, what is the importance of cybersecurity. There are thousands of definitions out there, but the most common one refers to the organisation’s ability to protect itself from online attacks.

The concept of least privilege access has emerged as a paramount principle, serving as a cornerstone for robust identity governance and access management strategies. By adhering to this tenet, organizations can effectively mitigate the risks associated with account compromises, insider threats, and unauthorized access to sensitive resources.

The landscape of enterprise networks has evolved significantly to accommodate the increasing demands of modern businesses, driven by digital transformation, cloud computing, and the proliferation of mobile, BYOD, and IoT devices. Enterprise networks house large-scale communication infrastructures used by businesses to connect various IT systems and devices across multiple locations. As these networks grow in complexity, the need for efficient management and robust security becomes paramount.

With ransomware increasing and a complex, business-critical cloud migration on the horizon, BSM, one of the world’s largest shipping companies, was seeking a solution to monitor its environment for potential threats, both now and in the future. Working with Kroll gives the company greater visibility across its global network of offices and ships to better detect and respond to threats.

In navigating the complex landscape of regulatory compliance and risk management, India's banking sector faces unique challenges, particularly in meeting directives outlined by the Reserve Bank of India (RBI) and the Indian Computer Emergency Response Team (CERT-In). As organizations strive to adhere to these stringent requirements, Elastic Observability emerges as a powerful ally, offering advanced log analytics capabilities tailored to address regulatory mandates and mitigate operational risks.

Knowledge is power, right? Well, yes – except when it comes to access and authentication. That’s because knowledge-based factors, in the form of passwords, are making organizations less powerful, and more vulnerable. As a result, many are looking toward a future beyond passwords. You may have seen the Forrester report estimating that 80% of security breaches involved privileged credentials.

Cyber insurance is a critical form of risk management, designed to mitigate the financial impact of a breach or other security incidents. By spreading the risk, it helps reduce the potentially catastrophic consequences to manageable levels. Cyber insurance is a fundamentally financial tool that is often handled by the financial or insurance arm of any organization, with strong involvement of the cyber security teams. While complex, this blog aims to simplify the essentials.