Cybersecurity News of the Month - A Look Back at October 2022
Secora Consulting Ltd
Professional services company specialising in tailored cybersecurity assessments and cyber advisory services.
Welcome to our monthly cybersecurity news round-up.
In this month's round-up, ransomware has been top of the news with several data breaches involving malicious attacks and details released of the cost of ransomware attacks to Hackney council and Interserve.
We also examine the top takeaways from the ‘Global Incident Response Threat Report’ and explore a recent report revealing how almost half of Irish SMEs have been hit by multiple cyber attacks.
Latest Blogs
October 2022 - Cyber News of the Month?
At Secora, we believe learning from past cybersecurity incidents can enable organisations to better withstand and even prevent future cybersecurity attacks. With that in mind, in this blog, we take a look back at last month's cyber security breaches, cyber security awareness and hot topic of the month.
Top takeaways from Global Incident Response Threat Report??
VMware recently released their annual ‘Global Incident Response Threat Report’ revealing the key cybersecurity trends based on events over the past year.?
The report dives into several threat areas including, ransomware attacks, lateral movement attacks, the risks posed by deepfakes, API security systems and Business Email Compromise (BEC).
Latest Data Breaches
Hot Topic of the Month
Almost half of Irish SMEs hit by multiple cyber attacks
Almost half of Irish small and medium businesses have experienced multiple cyber attacks in the last three years, according to a new study.
The study from Microsoft and Vodafone states that the average financial loss per business was €8,500 or €2.3 billion across the industry.
The survey of 250 business owners showed that of those that reported a cyber breach, 43% said they had experienced up to five attacks in the last three years.
Some 60% of SMEs said they felt unprepared for an attack, while 34% said they had reduced their spending on cyber security.
"Our research shows that for small and medium businesses to stay resilient and insulated from risk, security needs to be front and foremost in their strategic plans," said Sinéad Bryan, Managing Director of Vodafone Ireland Business.
The study showed that digitalisation during the pandemic helped drive revenues at small and medium businesses but that the rate of digitalisation has now started to decrease.
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"As the cornerstone of Ireland's economy and a core driver of post-pandemic economic recovery, it is of the utmost importance that small and medium businesses maintain a position of digital perseverance," said Anne Sheehan, General Manager of Microsoft Ireland.
Secora partners with Vanta
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To learn more about how Secora Consulting and Vanta can help your organisation achieve and maintain compliance with the industry's leading information security and data privacy standards, contact us today.
Speak to our experts
If you have any questions or are unsure if the steps you are taking to keep your business secure are working, please reach out to us.
Our penetration testing and cybersecurity experts are at hand to work with you on creating a robust cybersecurity posture that provides peace of mind in an ever-evolving cyber threat landscape.