Articles of interest from the week of August 17, 2020

20 Percent of Companies Working Remotely Have Suffered a Breach

Since organizations have shifted to a work from home model, the potential for cyberattacks and breaches has increased. In fact, since the start of the pandemic, 20 percent of respondents say they faced a security breach as a result of a remote worker. (By Ian Barker, BetaNews) Ingalls: It’s important to take necessary precautions to protect the networks and systems that store businesses’ private, sensitive data. We have compiled a guide businesses can follow and share best practice measures to ensure secure remote access and business continuity while working remotely.

Cybersecurity in Healthcare

Cybersecurity in healthcare involves the protecting of electronic information and assets from unauthorized access, use and disclosure. There are three goals of cybersecurity: protecting the confidentiality, integrity and availability of information, also known as the “CIA triad.”. (By Healthcare Information and Management Systems Society, Inc. (HIMSS)) Ingall: Our tailored Managed Detection and Response (MDR) and Cybersecurity Risk Management Services enable a defense-in-depth approach so organizations of all sizes can rest easier knowing their environments are safe from criminal threats.

Learn From How Others Get Breached: Equifax Edition

The goal here is not blame, but rather to highlight specific missteps by an organization so that others can avoid making the same mistakes, hopefully making them less likely to fall victim to attacks.(By Mathew J. Schwartz, BankInfoSecurity.com) Ingalls: No one plans to fail; however, failing to plan will often lead to a disaster when it comes to cybersecurity risk management. Depending on a business's size and stakeholders (regulators, shareholders, etc.), having a bad plan can actually cost the business even more than if it had no plan at all! We've seen many different versions of breach victims with no plan, good plans, bad plans, and half a plan or less, and our experience is that having the right plan can mean the difference between resolving a serious problem with little to no impact or having a minor issue balloon into shareholder lawsuits, regulatory fines, and other nightmares. Contact us today to discuss how you can prepare for successfully managing a cybersecurity crisis by having the right Incident Response Plan.

Reported Breach Count for H1 2020 Lowest in Five Years

While reported breach numbers are down, a handful of "mega" breaches resulted in more data records being exposed than ever before, analysis shows. (By Jai Vijayan, Dark Reading) Ingalls: As breach numbers fall, the severity is increasing. The main takeaway from this article is to remain as vigilant as ever. It's unlikely that breach activity really declined significantly last quarter; the likelihood is greater that fewer were disclosed. Our Incident Response (IR) Retainer helps our clients of all sizes to plan for the worst and ensure that qualified experts are available to quickly investigate and help resolve cybersecurity incidents.

Enterprises See Rise in Data Breach Costs, Shift in Security Spending Focus

A study of more than 5,500 companies within eight countries found that businesses affected by cyber incidents witnessed their losses rise from $10,000 per incident to $57,000. (By George V. Hulme, Security Boulevard)  Ingalls: We believe it is important that there are affordable and effective cybersecurity solutions for businesses of every size. We offer best-in-class information security solutions suitable for the largest enterprise companies at a price point that is affordable for SMBs. Request a demo for your company today.