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If you have yet to come across GRC (Governance, Risk, and Compliance), it is a vital approach that helps organisations manage their operations while aligning with legal and regulatory requirements. GRC frameworks combine policy management, risk mitigation, and adherence to standards, ensuring business objectives are met without compromising on compliance. Something that in the link below highlights how both SolarWinds and Uber fell under the legal microscope. Read more: https://heyor.ca/yEBX8q CISOs and other HODs face serious repercussions for business security inadequacies and failures if they are found to be non-compliant, no matter how difficult GRC can be to integrate. Established frameworks, such as NIST and CIS Critical Controls, can help, and using GRC tools for automation and streamlined collaboration can simplify this process. #RiskManagement #Compliance #Cybersecurity #GRC

Brace yourselves as we reveal the top 11 biggest cyberattacks in 2024 to date, according to Kiteworks' Risk Exposure Index. It includes data breaches, ransomware, and third-party vulnerabilities of exposed records, the financial impacts, and the sensitivity of the data and regulatory factors involved. Healthcare seemed to be the biggest target, with ransomware rates having surged to a four-year high and impacting 67% of organisations. See the list: https://heyor.ca/4F6YeT Be sure to review Change Healthcare's ransomware attack and the National Public Data breach, both scoring 9.46 out of 10. We hope this is enough to have you consider securing sensitive content and managing your third-party interactions effectively to mitigate cyber risks. #Cybersecurity #DataProtection #Ransomware #RiskManagement

Perhaps you cannot reach your full potential yet because you are concerned with manning the security of your data in uncertain times of prevailing cyber threats and need a hand from a team of specialists. If this sounds familiar, then please reach out. Visit: https://in-soc.com/ We are here to help you grow with confidence. Partner with us and experience seamless service delivery that drives success. #BusinessGrowth #ITServices #Cybersecurity #MSP

An improvement from 2019 is that 60% of organizations identified potential compromises of their data within a day from what used to take a week. Unfortunately, while detection capabilities have improved, there is more work to be done with the proactive measures, with only 12% reporting ransomware attacks, with IT compromises as the main vector for infiltrating OT systems. This will involve frequent testing and updates alongside threat intelligence implementation, which can bolster resilience against evolving cyber threats. MSPs and MSSPs must understand such trends to deliver effective security strategies tailored to critical infrastructure clients. More here: https://heyor.ca/Kfz0l6 #Cybersecurity #CriticalInfrastructure #MSSP #MSP

Managed Service Providers (MSPs) and Managed Security Service Providers (MSSPs) must navigate their clients through the complexities of compliance and data privacy requirements as part of acquiring their partnership. Regulations such as GDPR, PCI DSS, and HIPAA can impose strict obligations on how organizations manage and store personal data. Non-compliance can lead to significant legal repercussions and reputational damage. Best practices: https://heyor.ca/XGNARk #DataPrivacy #Compliance #MSP #MSSP

In this month’s newsletter… SOC 2 compliance, the NIS2 directive, and MSP marketing made easy. #SOC2 #NIS2 #mspmarketing #mspsales #mspleadgen

The generation of AI is changing everything, including the way MSPs deliver services by automating tedious manual tasks and enabling teams to focus on heavier duties. AI can now continuously scan for risks and generate tailored remediation playbooks while enhancing the overall customer experience. Furthermore, AI also allows MSPs to proactively simulate attack scenarios and assess client resilience, flagging potential vulnerabilities before they are exploited. With 68% of business data often neglected, AI-driven can utilise such data to assist with insights that help MSPs unlock valuable opportunities to innovate and serve their clients more effectively. Read on: https://heyor.ca/BugOMp #AI #MSP #Automation #Cybersecurity

It’s not all about cybersecurity; compliance matters also need to be considered. We thought it was important that we show a story that showcases such an example of a lawsuit filed against a certain MSP that failed in the context of the importance of clear, written contracts. In short, a law firm is holding their MSP responsible for damages after their backups were deleted and a ransom was paid. Choosing the correct MSP is paramount as cybersecurity threats rise. Contracts must be clear, outline responsibilities, and mitigate breach liability equally. Legal expert Eric Tilds stresses that protecting your business starts with a solid MSA (Managed Services Agreement), but even a contract must be carefully crafted to shield against all potential risks. Learn more here: https://heyor.ca/xlGumT #Cybersecurity #Ransomware #LegalCompliance #MSP

If you want someone who is committed to helping businesses stay ahead of evolving cybersecurity threats, consider us here at inSOC. Any review of the social stories we provide should tell you about the things to take into consideration for your cybersecurity needs. We specialise in proactive monitoring, advanced threat detection, and best-in-class security strategies; we can provide you with the support your data needs as you handle the other needs of your business. Come talk with us: https://in-soc.com/ #DataProtection #MSP #BusinessSecurity #Cybersecurity

The United States has warned that China’s ‘Salt Typhoon’ state-funded Western government-targeting group poses a potent threat alongside a report that highlights their tactics of infiltrating systems and laying dormant from the inside. MSPs and MSSPs servicing this space are heavily encumbered with safeguarding these high-priority threats following their recent attacks on AT&T and Verizon networks. Learn more: https://heyor.ca/LEwQT9 #Cybersecurity #MSP #MSSP