Tag: Cyber Risk Management Program

Kaseya Ransomware Attack – Yet Another Lesson in Humility and the Need for Resilience Preparation

In the Kaseya ransomware attack the REvil threat actor group achieved exponential reach by compromising a tool that managed service providers (MSPs) use to manage their customers networks to encrypt the networks of those companies that were customers of the MSPs. Current estimates are that around 60 of Kaseya’s MSP customers were compromised and that…

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Ransomware Attacks! The 5 Best Practices the White House Urges all Businesses to Take to Mitigate Them

The threat of ransomware attacks against all American businesses is so great that on June 2, 2021, the White House issued a memo to all corporate executives and business leaders with the subject “What We Urge You To Do To Protect Against The Threat of Ransomware.” This is the first time such a memo has ever been…

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Nearly half of all businesses hit by cyber attacks in 2020 — 3 steps to help prepare your business

43% of businesses in the United States and Europe were hit with a cyber attack in 2020, an increase of 5% from 2019 which was 38%, according to Hiscox’s Cyber Readiness Report.  Businesses cannot ignore this threat and must face it head-on. All businesses should now have an operational and maturing cyber risk management program…

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The Art of Cybersecurity: How Sun Tzu Masterminded the FireEye / US Agencies / SolarWinds Cyberattacks

Sun Tzu taught that, when it comes to the art of cybersecurity, you must be wary of your business partners and other third parties. Why? Unless you are living under a rock, you should have heard that FireEye–perhaps the preeminent cybersecurity firm on the face of the planet–was the victim of a successful cyberattack. So…

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Think your company is too sophisticated to be hit with a successful cyber attack? Ask FireEye …

A lot of business executives — and far too many IT professionals — think that their company’s IT systems are too sophisticated and well-maintained for their company to have a successful cyberattack against it. They think their company is doing it all right and this is only the kind of stuff that happens to “the…

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2 Critical Cyber Insurance Issues All Companies Must Consider Now, Before an Incident!

There are two critical cyber insurance issues that every single company must understand right now, before they have an incident:  In today’s environment, every company has substantial cyber risk and every company needs cyber insurance. Period. Cyber insurance is not covered by typical business insurance and companies must have the right cyber insurance for their…

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Think your company is too sophisticated to be hit with a ransomware attack? Ask Advantech …

A lot of business executives — and far too many IT professionals — think that their company’s IT systems are too sophisticated and well-maintained for their company to have a successful ransomware attack against it. They think their company is doing it all right and this is only the kind of stuff that happens to…

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