Insights blog.

Cyber risk and regulatory compliance are two sides of the same coin in the Financial Services sector. Together, they spur Financial Services companies to take action to protect customers, their business and the global financial ecosystem from the malicious cyber attacks or the risk of critical system failures.

The biggest challenge for CISOs in the next five years won’t be blockbuster malware, shadow IT, the explosion of connected devices, or even regulatory pressure.

As the number and costs of cyber-attacks and data breaches continue to rise, more money is being thrown at the problem. IDC projects that by 2022, organizations will spend $133.8 billion to protect their IT infrastructures against cybersecurity threats.

The evolution of the technology environment and related security threats is so fast paced it often seems businesses and regulators are playing an endless game of catch-up.

As retailers and consumers across the country begin gearing up for the 2019 holiday shopping season, hackers are also preparing for the days between Thanksgiving and Christmas. And all signs point to ransomware as their preferred method of attack.

The regulatory environment is evolving rapidly as national and international regulatory bodies attempt to keep pace with changing business models, technology infrastructure and continuously escalating cyberthreats. 

No one wants to talk about their failures, especially in the cybersecurity realm where the stakes are high. But new insight from Symantec and Goldsmiths, University of London, finds that security professionals who have lived through a cybersecurity attack or breach could be the answer to protecting your organization against future threats.

Management consultants, accountants, public safety offices, marketing firms, and many more business and professional services organizations are high-value targets for cybercriminals due to the range of confidential client information they handle. Companies in this sector should all have solid security postures — and many do. But there’s still an alarming number of enterprises that do not.

2019 has been a year of high-profile attacks, and, as we predicted, it’s only getting worse. That’s certainly the case for Airbus.

A new report from the Information Security Forum (ISF) contains some fascinating insights into how hackers probe and exploit people's psychological vulnerabilities to gain access to corporate systems. From phishing to "whaling" (targeting high level executives) to "baiting" (offering something in return for credentials or information), hackers are using several tactics to gain a foothold. They also know the best time to deploy those tactics – at the end of the day, for example, when a person is tired and may not make the best decisions.

Cyberattacks have increased significantly in recent years, bringing vital conversations about cybersecurity into the Boardroom. As Board oversight of cybersecurity has increased, Board members — even those without technical expertise — have had to become rapidly acquainted with IT risk and security concepts. In the past few years, frameworks and best practices have emerged to help these Boards get a grip on their organization’s cybersecurity posture.

As the fallout from the Capital One data breach continues, new lessons are being learned. Although technical failings were at the heart of the breach, a recent article in the The Wall Street Journal points to a series of overlooked issues that produced perfect storm conditions for the attack.

Stress and burnout is emerging as perhaps the biggest threat to corporate security. Long hours, alert overload, and a lack of visibility into their IT infrastructure have many security professionals reconsidering their chosen careers.

It doesn’t matter what business you’re in — cybersecurity has become extremely important to both your organization’s reputation and its bottom line. According to reports, the average cost of a data breach is $3.86 million.

Everyone experiences stress in their jobs, but security leaders may have it worse than most. According to Dark Reading, 60% of CISOs admit they rarely disconnect from work, while 88% work more than 40 hours per week. It’s no surprise that 51% of tech executives experience stress-related illnesses as a result of cyberattacks, tech outages, and breaches – a number that increases to 56% among CTOs and CIOs.