Cyber attacks are using better research and personalization to find a way to take advantage of the senior level or C-Suite — and cybersecurity operations are falling behind in combatting these whaling attacks.
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.
The FBI, CISA, and the Treasury Department warned about Maui ransomware attacks by state-sponsored North Korean hackers targeting US healthcare organizations.
A Quantum ransomware attack on Professional Finance Company (PFC) impacted 657 healthcare organizations and leaked sensitive patient data for millions of patients.
Third-party access can quickly transform from an enabler of operational efficiency into a security strategy Achilles heel if an organization lacks an adequate third-party identity and risk management strategy.
Cyber espionage campaigns focus on gaining access to journalist networks by impersonating legitimate members of the profession. The state sponsored hackers then hunt for useful geopolitical information.
Here are the most significant cyber threats in 2022, and how some straightforward actions can spare your data from costly and time-consuming cyber attacks.
Tekken, Elden Ring, Gundam and Pac-Man game publisher Bandai Namco confirmed a suspected BlackCat ransomware attack that potentially exposed sensitive customer information.
Material risk-based cyber threat intelligence (CTI) can help financial companies remain in compliance while exploring up-to-date cyber threat protection and can help organizations find, respond to, and remediate cyberattacks before significant damage is done, while accelerating compliance and risk posture.
The Cyber Safety Review Board finds that the open source community is "under-equipped" to fully deal with the Log4j vulnerability and that it will be making appearances in the wild for "a decade or more."
Cyber insurance has become fiendishly difficult and extremely expensive to secure and maintain. Businesses looking to obtain cyber insurance would be wise to adhere to the principles of Zero Trust Architecture (ZTA).










