About 90 major hotels and resorts worldwide had their security logs exposed in a third party data breach. Source of the breach is ironically from their management company's intrusion detection system.
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.
Second largest data leak in history exposed First American’s 900 million customer information just by raising or lowering a single digit in the document URL.
Car hacking is of growing cybersecurity concern as hackers are exploiting security vulnerabilities in the automobile. What can consumers do to secure their ride?
Think fake mobile apps are just displaying annoying advertisements? Think again as attackers are using them to steal data, extort ransoms or even infiltrate to company network through your phone.
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.
Bio-cybersecurity is not to be taken lightly as data breach could lead to healthcare companies buying back patient data from ransomware or hackers using stolen genetic data to blackmail individuals.
Recent Equifax downgrade surprised Wall street as it’s the first company in history to have ratings outlook downgraded due to escalating litigation and regulatory costs from 2017 data breach and increase in cybersecurity spending.
In yet another blow to Facebook, the latest Instagram breach exposed sensitive data of at least 49 million users when an AWS database was found online without a password for at least 72 hours.
Only 18% of businesses recently surveyed said they have comprehensive cyber insurance coverage, however the gap is not closing with only 27% of insurers having the technological capability to provide a plan to cover cyber risks.
5G technology plus 74 billion IoT devices estimated by 2025, it’s no surprise that IoT security is one of the top concerns keeping many executives up at night.










