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…
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 ASTĂ˜NISHING! 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…
We are living in the age of zero-day exploits, where security teams have no time to prepare for risks. And in such an age, agility takes precedence over all other aspects. Security teams need a clearly laid-out incident response plan that serves as a blueprint on how to initiate quick action. Forward-thinking organizations today go…
If you’ve ever wondered about the magnitude of power cyber threats hold, this one’s for you. May 8, 2022. The Costa Rican president had to declare a national emergency because of cyber attacks by the Conti Ransomware Group. The world was caught unaware. Cyber crimes can put an individual, organization, or a whole country at…