In this LIVE Webcast, a panel of thought leaders and professionals brought together by The Knowledge Group will provide and present an in-depth analysis of the fundamentals as well as recent developments in The Rise of Cybersecurity Cloud: Demystifying Potentials for Improved Threat Detection and Response. Speakers will also present all important issues surrounding this significant topic. Join us for this Knowledge Group Webinar!
The Evolving Landscape of Data Protection and Privacy Legislation: What You Must Know and Do to Ensure Compliancejasper.alamares2021-08-25T22:10:55-04:00
Protecting confidential information remains a significant issue nowadays, encouraging further development and regulatory enforcement. Several states are now exploring laws on comprehensive data protection and privacy, following the passage of the California Consumer Privacy Act (CCPA) in 2020. Accordingly, Biden's administration has issued an executive order to establish rules focusing on areas including the regulation of data collection, user surveillance, and consumer privacy.
The emergence of blockchain technology spurred substantial advantages across various industries. However, as it continues to gain momentum, antitrust authorities noted several risk issues that it may bring, especially in the competition law, including its potential to limit or prevent market power, collude or exclude competition as well as other anticompetitive behaviors. This prompted the Department of Justice (DOJ) Antitrust Division to look towards scrutinizing blockchain-based partnerships.
Storage & Backup Security; The Final Frontier jordan2021-08-27T03:58:20-04:00
Threat Landscape, Industry Readiness, and Practical Advice
Along with the digitization of many business processes, companies need to address the various cyber threats today’s landscape presents. If not properly managed, these cyber risks could lead to significant IT outages, eventually crippling business operations. As ransomware – and other cyberattacks – become more sophisticated, it further underscores the need for security teams to advance their vulnerability management programs to ensure that any susceptibility to cyberattacks is proactively detected and repaired, and their data storage systems are secure and impenetrable.
In today’s business climate where sophisticated cyberattacks continue to challenge organizations, cybersecurity programs must be anchored around the “zero trust” principle. This approach is a security scheme designed to ensure that critical assets are accessed by authenticated and authorized users only, preventing potential outside and inside threats.
Most, if not all, of today's businesses are turning to technology to improve the productivity of their business processes. While such an undertaking provides opportunities to increase the bottom line, the risks of sophisticated ransomware attacks that come along with it should never be ignored. Cybercriminals are here to stay with new tactics and strategies to hostage highly significant business data. If not properly addressed, ransomware attacks can result in significant technical, financial, and reputational damages.
With the fast-growing problem and increasingly sophisticated threats of cyber security and data breaches, litigation and other related cases continue to hound the landscape. These lawsuits have brought large numbers of damages to individuals and industries, such as consumers and financial institutions over the years.
Security initiatives have historically been driven by compliance mandates and a healthy dose of fear. But as threats continue to become more sophisticated, so must our efforts in thwarting them. Organizations that used to think “we’re the small company, attackers go for the big organizations with more valuable data” have seen an increase in breaches as attackers shift their focus from the large, heavily secured organizations, to the often easier to breach small, mid, and emerging enterprise businesses. Automation in attack techniques has made attack targeting more random and democratic, and less protected businesses are experiencing disproportionate impacts. Shifting from compliance based security to aligning with best practices, specifically the Center for Internet Security (CIS) Top 20 Critical Security Controls, is a great way for an organization of any size to prioritize and progress their security posture.
Get Smarter with Cybersecurity Through Artificial Intelligence and Machine Learning: Effective Strategies for CompaniesIwork OJT2021-05-18T04:17:09-04:00
As threats of cybercrime continue to rise and become more aggressive, the need for effective and efficient cybersecurity platforms has never been more crucial than now. With the current state of cyber-attacks nowadays, companies need to become smarter in planning their protection programs. Response-based solutions are no longer enough.
Today’s leaders in cybersecurity continue to look for ways to protect organizations from the increasingly sophisticated cybersecurity attacks. From the antiquated belief of "trust, but verify," the security world seems to be warming up to the new principle of zero trust IT. Under the latter approach, nothing inside or outside of an organization is being trusted. The zero trust model cuts the time spent in tracking false positives, thus, enabling organizations to increase their productivity.
Data breaches in the U.S. have shown no signs of slowing down in the last several years, neither have the wave of class action cases associated with these. Recent breaches include some of the largest companies such as LifeLabs, Yahoo, Equifax, and Google LLC. Such breaches, as well as the infringements incorporated with it, can impose tremendous burdens on banks and credit card companies that have to respond to a flood of fraud claims and canceled cards.
Staying compliant with the evolving regulatory landscape of Anti-Money Laundering (AML) and the Bank Secrecy Act (BSA) has always been challenging. With the passage of the National Defense Authorization Act (NDAA) for the fiscal year 2021, increased scrutiny and heightened penalties are expected. Amidst these changes, financial institutions also grapple with imminent credit and liquidity risks which, if not mitigated, could significantly affect operations and revenue.
The intensity and volume of cyber threats and attacks have continuously increased over the past years. Businesses have become more prone to risks of cybersecurity breaches that management plans must not only be effective, but also aggressive.
Starting this year, every U.S. Department of Defense (DoD) contractor and subcontractor will have to secure a third-party certification under the new Cybersecurity Maturity Model Certification (CMMC) framework. Released last January 30, 2020, the upgraded cybersecurity qualifications were created to prevent cyberattacks in the supply chain.