In a 2023 report by IBM on the cost of a data breach, researchers found that appointing a CISO can help reduce the possible financial loss due to an incident to a large extent. Organizations that appointed a CISO saved $130,086 on average compared to those without a CISO in place per incident. This clearly…
Data breaches are a real problem in the healthcare industry. The HITECH Act was introduced in 2009 in the United States to strengthen HIPAA’s privacy and access goals even as it encouraged the adoption of electronic health records (EHRs). HIPAA, introduced more than a decade ago in 1996, wasn’t written with the explosion of Internet…
On November 1, 2023, governor Kathy Hochul announced that the New York State Department of Financial Services had drafted the NYDFS Cybersecurity Regulation. Aimed at protecting New York-based businesses and their customers from cyber threats, these regulations are designed using a combination of risk based approaches with better governance and robust access controls. If you…
Did you know that humans collectively produce about 2.5 quintillion bytes of data every day? Now that’s ASTØNISHING! But is this data safe? Not really; if you don’t keep your data safe, it could lead to countless data breaches and harm the responsible individuals who never signed up for this to happen. That’s why it’s…
Business growth is a loaded term that involves a lot more complexities underneath the revenue boost and brand visibility. Small to medium firms often delegate tasks to external resources to save time, and money, and boost growth opportunities. However, this comes at a cost-sharing sensitive data adds unprecedented risks. But thanks to the due diligence…
Cloud services, in 2020, saw a 600% rise in cyberattacks on their services. Cloud misconfigurations, in the last few years, alone cost companies almost $5 trillion and led to the compromise of over 33 billion user records. Organizations are shifting to the cloud in growing numbers, but this growth represents unanticipated security challenges unique to…