AIG releases new cyber risk benchmarking model to quantify and score cyber maturity of clients, boosting cyber insurance and promoting metrics useful for the industry to evaluate the risks that organizations face in terms of cyber security.
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.
HR services company SD Worx suspended operations in UK and Ireland after a cyber attack on its hosted data centers forced it to shut down servers to contain the threat.
The FCC launched a proceeding to strengthen data breach notification regulations for telecommunications companies to ensure faster reporting and to harmonize federal rules with states and other sectors.
The quick transition to the Zero-Trust model is mainly fueled by remote work, cloud adoption and an increase in deploying devices in recent years. Having the right security solutions to support a Zero-Trust strategy is critical. Here are three keys to implement a Zero-Trust approach successfully.
Medical companies affected by AMCA healthcare data breach have begun alerting investors and shareholders which may cause them to lose tens of millions of dollars in stock market valuation.
Threat actors compromised American automaker General Motors in a credential stuffing attack, accessed customers' personal information, and redeemed reward points for gift cards.
Largest cyber attack in Georgia's history resulted in massive web defacement that affected nearly 15,000 websites and forced nearly 2,000 websites to go offline on 28 October.
Beyond the challenges around risk and uncertainty, can bug bounties really deliver on their promise? Even as crowdsourced security testing continues to gain acceptance, what’s important is designing the right model to increase efficiency and avoid diminishing marginal returns.
Defense agencies must take a proactive approach to file security, and one of the most effective ways to do this is by utilizing Content Disarm and Reconstruction (CDR) technology that instantly cleans and rebuilds files to match its known good manufacturer’s spec – automatically removing potential threats.
Roughly in keeping with numbers seen in recent years, the Google Play Store announced that it blocked 1.43 million bad apps and banned 173,000 malicious or policy-violating developer accounts in 2022.










