6 Potential Long-Term Impacts of a Data Breach
A data breach can destroy a business. For small- and medium-sized businesses (SMB), this is really especially concerning, as 60% will shut down within six months of the attack. While larger companies and agencies likely won’t have to shut their doors, they, too, suffer serious consequences. There are financial costs, which Ponemon Institute and IBM…
Pay Now or Pay Later: Don’t Procrastinate When It Comes to Preventing Ransomware
Data breaches like ransomware can be catastrophic for some businesses. Not only do affected organizations lose revenue from the downtime that occurs during the incident, the post-breach costs can be significant. These costs can include everything from the time and resources it takes to detect how the compromise occurred and remediate the actual threat to…
Building Effective Business Cases to Cover Cybersecurity Costs
With the global average cost of a data breach totaling $3.86 million in 2020, the topic of security continues to be a major pressure point and a board-level agenda item. So why do security programs still seem to lack adequate funding, urgency and support until a breach or lawsuit occurs or auditors demand change? Verizon’s…
The Future of Cybersecurity: How to Prepare for a Crisis in 2020 and Beyond
When it comes to the future of cybersecurity, an ounce of prevention is worth far more than a pound of cure. According to the Ponemon Institute and IBM Security’s 2020 Cost of a Data Breach Report, enterprises that designated an incident response (IR) team, developed a cybersecurity incident response plan (CSIRP) and tested their plan…
Artificial Intelligence (AI) and Security: A Match Made in the SOC
Change is constant in cybersecurity — continual, rapid, dynamic change. It’s impossible to maintain an effective defensive posture without constantly evolving. Security measures that worked in the past will not be effective today, and today’s security controls will not be effective tomorrow. Many factors contribute to this rapid pace of change. Attacks are on the…
