As more and more marketers leverage on customer data to build target consumer base, it’s time for CMOs and marketing teams to get to know cybersecurity and focus on cyber risks too.
Cyber Security
Cyber criminals, state-sponsored hackers and even the occasional disgruntled employee are constantly looking to gain unauthorized access for a variety of purposes: theft of money, cyber espionage, personal information for sale or for use in scams, and damage to critical infrastructure for just a few of the most common.
So how does an organization mitigate an entire world full of continual cyber attacks? Just as buildings have a number of necessary elements of physical security: access control, cameras, alarms and so on; there are similar key elements of cyber security that are absolutely vital for just about any modern business.
It starts with identifying and closing the most common doors that attackers use. For example, phishing attacks on employees are far and away the most common initial point of entry. The breach of even a low-level employee account can quickly turn into an escalation in access privileges and the ability to reach sensitive information. This is also true of smart devices, which are generally more poorly secured than computers and phones.
A haphazard technology roll-out of a new voting app led to tech issues that delayed the Iowa caucus results and threw the public into states of confusion and frustration.
New CMMC 2.0 pares down the scope of the original requirements, allowing greater flexibility and relaxing the rules for DoD contractors and subcontractors who do not directly handle sensitive or classified information.
Knowing the common manipulative tactics – exploiting every emotional hot button (anxiety, uncertainty, urgency) – used in phishing is the first step to understanding how to identify and deflect them; and it requires a repetitive process.
One of my clients recently asked me what organizations should expect for information security and privacy in 2019. My short answer: More! Here is what to expect in five key areas in 2019, and beyond.
Cryptocurrency exchanges need to empower users to fully secure their accounts to protect themselves from phishing attacks and account takeovers. Account security using modern authentication standards can achieve this without sacrificing user convenience and privacy.
The Tim Hortons coffee chain became a cherished Canadian institution over nearly 60 years in business. However, questionable mobile app privacy practices tarnished the brand and now have the company facing the wrath of regulators and customers.
For years, IoT developers have focused too much on availability, and not enough on privacy and confidentiality. This mindset appears to be shifting and the NIST report is proof of a growing recognition that there needs to be universal standards in place to improve the privacy and security of any IoT system.
Almost daily, we hear about another well-known company experiencing a data breach. While no set of steps can guarantee that your company will be 100 percent safe from hacking, implementing these steps will bolster your company’s security posture and help to protect the network from cyber-attacks.
To reduce Total Cost of Fraud (TOCF), organizations must take a more holistic approach that considers the hidden costs of fraud to help minimize the cumulative financial impact and deliver better ROI for your fraud prevention efforts.