Read about the latest cybersecurity news and get advice on third-party vendor risk management, reporting cybersecurity to the Board, managing cyber risks, benchmarking security performance, and more.
Insights blog.
Critical Vulnerabilities Discovered in Automated Tank Gauge Systems
Bitsight TRACE explores several critical vulnerabilities discovered in ATG systems and their inherent risk when exposed to the Internet.
Bitsight is committed to creating trustworthy, data-driven, and actionable measurements of organizational cybersecurity performance.
To serve your customers and realize efficiencies, your organization may work with dozens if not hundreds of third parties including partners, vendors, cloud service providers, and subcontractors.
A new study published in the Journal of the American Medical Informatics Association (JAMIA) provides brand new perspectives on the state of hospital cybersecurity performance.
Hospitals, doctors’ networks, insurance companies, and other healthcare organizations are guardians of valuable protected health information (PHI).
Facebook and the apps under its umbrella, including Instagram and WhatsApp, were inaccessible for hours on Monday.
Cybersecurity is a critical risk that can materially impact a company’s bottom line. Unfortunately, investors are largely in the dark when it comes to understanding the cybersecurity of the companies in which they invest.
Recent Bitsight research shows healthcare organizations that display poor patching cadence can be up to 7x more likely to experience ransomware.
Cyber risk management should be a priority for any organization. And while there are many measures your business can take to reduce cybersecurity risk across the enterprise, how do you discover and remediate unknown risks that may be lurking in the networks of third parties?
Ransomware is rapidly becoming the most common form of cyberattack. According to the Verizon 2021 Data Breach Investigations Report, ransomware incidents have doubled year-over-year with headline-grabbing consequences.
As if reflecting this trend, cyber insurance ransomware claims have also risen. Data collected by the University of Cambridge found that, in 2020, ransomware comprised 54% of insurance claims compared to just 13% between 2014 and 2019.
As if reflecting this trend, cyber insurance ransomware claims have also risen. Data collected by the University of Cambridge found that, in 2020, ransomware comprised 54% of insurance claims compared to just 13% between 2014 and 2019.
In early September, a threat actor leaked nearly 500,000 Fortinet VPN login names and passwords that were allegedly scraped from vulnerable devices last summer. The leaked credentials could allow hackers to access an exposed network to perform data exfiltration, install malware, and perform ransomware attacks. Bitsight was able to verify that 98% of the IP addresses in the leaked files were, in fact, running Fortinet VPN servers within the past 12 months.
Cybersecurity is one of the biggest threats to global commerce in the 21st century.
With the average cost of a data breach in the U.S. reaching nearly $8.6 million, your organization can’t afford to ignore cybersecurity risk. Indeed, the need for security risk management is greater than ever. When cyber risk is managed more effectively, you can focus on innovation and driving business growth.
It’s a question more people are asking with each passing day:
Credit unions must be on high alert for cyberattacks. That’s according to a recent warning issued by the National Credit Union Administration (NCUA), who cautioned the industry of potential avenues of attack, including ransomware and supply chain attacks.
With cyberattacks on the rise, security investments are more important than ever. Still, the pandemic has forced many organizations to reconsider how they allocate their IT dollars. Between the new work-from-home paradigm and the increasingly global nature of many modern workplaces, CIOs have had to accelerate investments in cloud solutions and remote technology.