Cybersecurity incidents are becoming an almost everyday occurrence. No entity is immune. Small, medium, and large businesses have all fallen victim to some type of cyber incident in recent times. According to cybersecurity statistics, during the first quarter of 2023, more than six million data records were exposed worldwide through data breaches. Since the first quarter of 2020, the highest … Read More
Hack Proofing with Cloud Cybersecurity
While cloud computing has provided companies with the means to scale their operations quickly, in addition to an array of cost and performance benefits, it’s also opened them to a wide range of cyber threats. The main reason for this is that as companies move their data, applications, and systems to the cloud, as opposed to residing “on-prem”, they can … Read More
What You Need to Know About Cybersecurity Law
Cybersecurity law regulates the global digital space, protecting against cybercrime, data breaches, and cyber espionage. Cyber-crime law, cybersecurity law or cyber law comprises a number of directives that safeguard information technology (IT) with the purpose of forcing organisations to protect their information and systems from cyberattacks using various measures and methods. Definition and Key Concepts of Cyber Law Cyber laws … Read More
7 Benefits of Dynamic Malware Analysis
Malware analysis is the process of understanding the purpose and behaviour of a suspicious file, website, server, or application. The analysis output helps with the detection, reduction and/or mitigation of potential threats. Malware analysis is a key process that ensures overall computer and cyber security as well as the security and safety of an organisation’s digital assets. Malware analysis not only … Read More
Why is cyber security for financial services so important?
With the vast amounts of money and sensitive data they possess, financial services companies are one of the most common targets for cybercriminals. Worse, because of the highly lucrative opportunities for theft, fraud, and extortion, financial institutions attract the most competent, experienced, and motivated cybercriminals, including organised cybercriminal syndicates that employ the most sophisticated and diverse tools and techniques, making … Read More
What is a cyber security incident report?
A cyber security incident report is a document that captures the details of a cyber security incident, such as a data breach. A company’s IT and security teams can use the information within the report to remediate the immediate cyber threat, prevent future incidents of its kind, and, best of all, mitigate more significant cyber attacks down the line. Let’s … Read More
Why is cybersecurity important in banking?
Cyber security in banking is one of the most important elements in finance today. Banks are not only responsible for their customer’s assets but are also liable for the funds if they go missing. Therefore, protecting a user’s assets via robust cybersecurity measures has become the primary goal in banking in 2023. However, customer accounts are not only susceptible to hacking. … Read More
Cyber insurance – do you need it?
The better your security rating, the less your insurance premiums will cost and the better protected your business will become. Cyber insurance – also known as cyber liability or cyber risk insurance – covers the losses related to damage or loss of information from IT systems and networks within your business. There are many different types of policies, but the … Read More
Ransomware prevention: Top Security Tips
Why ransomware prevention is so important Ransomware attacks are now commonplace. They’re evident in almost every industry and in every country around the world. Paying a ransom might seem like the only option for recovering locked or stolen data, but experience has shown that cybergangs don’t always follow through once they’ve been paid. Hackers manage to keep pace with cybersecurity updates … Read More