The amount of business lost because of cyber-attacks averaged 1.52 million dollars, a report by IBM states.
2020 was a year smacked by unprecedented cybercrimes with a soaring number of data breaches, state-sponsored cyberattacks, and ransomware attacks. Even the major organizations, including VMware, Nvidia, Intel, and Cisco, fell victim to malware attacks. According to the Wall Street Journal report, IT company Orion software was targeted by malware attack into their systems to access critical data of blue-chip companies, universities, hospitals, and other government agencies.
In June 2021, LinkedIn found that 700 million of its users’ data had been posted on a dark web forum. The breach has impacted more than 90% of its user base. It was discovered that a hacker ‘God User’ posted a scraped data sample containing information that includes email addresses, phone numbers, geolocation records, gender identifiers, and other social media details. The hacker said that the data was obtained through LinkedIn’s Application Programming Interface (API).
Also, Dubsmash, Adobe, My Fitness Pal, NetEase, and numerous other businesses have borne the brunt of similar attacks, which have badly impacted millions of user accounts.
Data will be the leading concern for businesses all around the world. To protect online data from malicious attacks, Cybersecurity has become an essential practice for all businesses. A Cybersecurity review pinpoints potential threats to a business by conducting an in-depth assessment of systems and processes within an organisation.
Cyberattacks can happen to any type and level of the organization at any time. Social engineering, ransomware, phishing, and spyware are the most common types of cyber-attacks.
Cybersecurity review: The protection against cyberthreats
A comprehensive cybersecurity review is designed to identify the emerging threats and facilitate coherent policies and processes. It involves the detection and alleviation of security risks threatening the business. It identifies vulnerabilities in the system and matches them to potential internal and external cyber threats. The review process aims to measure the company's security posture, checking whether the company abides by the compliance requirements and industry frameworks.
Why should companies undertake regular cybersecurity reviews?
Attempts of cyber-attacks have increased in both frequency and sophistication as threat actors are trying to benefit from the unusual circumstances under which almost all of us are working.
It is crucial to perform frequent cybersecurity audits to combat these threats and identify potential security gaps on enterprise networks.
For More Information: Importance of a Comprehensive Cybersecurity Review
Mobile network security vulnerabilities are not new, and they will not go away with 5G.
Overall, 5G is more secure than 4G, but they will usher in a wave of new IoT applications, but will it be safe.cy5G networks will usher in a wave of new IoT (Internet of Things) applications.
As with the implementation of any new technology, it is vital to ensure that a secure foundation is in place.
This is especially important when we consider that 5G will accelerate the deployment of smart devices and the applications they support.https://www.pamten.com/blog/iot-risk-management/
Just over half of all IT leaders, 55%, say cybersecurity certifications earned by team members help close organizational skills gaps.
So, which cybersecurity certifications are the most valuable?
Showing you the most popular cyber security certification among those earning over $175,000.
Increased awareness is driving sales of various public safety solutions, such as computer-aided dispatch solutions, jail management systems, and record management solutions, to name a few, with strong growth forecast for North America, Europe, APEJ, and Japan in the coming years.The most recent edition of MarketNgage's 'public safety software' market study provides an up-to-date analysis of this industry, with a focus on its driving and restraining factors, as well as the impact of the COVID-19 pandemic on demand-supply trajectories for the forecast period of 2021 to 2031.
The report also offers insights into new market trends and strategies being implemented by both leading players and new entrants in this space.With the rapid digitization of the past few years, the demand for public safety solutions has increased significantly.
The rise in cyber security threats, terrorist attacks, and natural disasters has boosted sales of public safety solutions such as mobile police software, court management solutions, and scheduling solutions.
Furthermore, increased mergers and agreements between vendors and technology partners in the public safety software industry have increased sales over the last five years from 2016 to 2020.In the notorious dark web, cybercrime as a service is emerging as a business model.
A cyberattack exposed 40 million customers' personal information, including social security numbers and driver licence numbers.As a result, the incident is expected to reduce customer traffic.
Despite the best efforts of cyber security experts, frequent attacks have highlighted the need for technological advancements to ensure data integrity.
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