Secure your knowledge. Newsletter – April 2024

Check out our April 2024 newsletter for the most up-to-date insights on insider threats, the PCI DSS 4.0 standard, cybersecurity trends and statistics, and identity security and management! ???

Read on below. ???

BLOG?

Best?practices for?protecting?your?business from?insider?threats ?

According to Ponemon Institute’s 2023 Cost of Insider Risks: Global report, addressing and mitigating an insider threat lasting 91 days costs an average $18.32 million, and only 13% are resolved within 31 days.?

Explore our latest blog to learn about the various intentional and unintentional insider threats, their real-world impacts through recent high-profile cases, and recommended strategies for safeguarding your organization against these cybersecurity risks.?

EVENT?

NEXT Summit New York 2024 | New York | March 6-7?

At NEXT.io - The World’s iGaming Community Summit New York 2024, Continent 8 Technologies and C8 Secure unveiled its latest cybersecurity solutions for the North American iGaming and sports betting industry. David Brace , Principal of Innovation and Technology, shared insights on the industry's latest cybersecurity trends, including DDoS attacks, social engineering, mobile smishing threats, open standard regulatory frameworks, and more.?

Watch David’s insights below. ???

INDUSTRY NEWS?

It's official: The countdown has begun! You now have less than a year to comply with Payment Card Industry Data Security Standard (PCI DSS) 4.0!?

Developed by the PCI Security Standards Council (PCI SSC), this updated standard integrates cutting-edge practices to safeguard payment data in today's ever-evolving payment card industry.?

One notable requirement of PCI DSS 4.0 is the mandatory implementation of a Web Application Firewall (WAF), a critical function of Web Application and API Protection (WAAP) services essential for securing public web applications.?

To help customers acceler8 their transition to PCI DSS 4.0, Continent 8 is extending an exclusive offer: the first 50 customers to sign up for a 15-month contract will receive three months of?complimentary WAAP services!?

Want to know more? Visit our PCI DSS 4.0 page here.?

*T&Cs apply. Limited-time offer; subject to change.?

THE LATEST CYBER STATS?

Insider attacks are becoming more prevalent and complex. Gurucul’s 2023 Insider Threat Report reveals that:?

• 74% of organizations say insider attacks have become more frequent?
• 74% of organizations say they are at least moderately vulnerable or worse to insider threats?
• More than half of organizations have experienced an insider threat in the last year, and 8% have experienced more than 20?
• 68% of respondents are concerned or very concerned about insider risk as their organizations return to the office or transition to hybrid work; only 3% are not concerned?
• 53% say detecting insider attacks is harder in the cloud

CYBER TIP OF THE MONTH ???

April 9 marked Identity Management Day, emphasizing the importance of year-round identity security and management to ensure robust protection of personal and sensitive data. ?

?? Here are some “identity smart” best practices recommended by the Identity Defined Security Alliance (IDSA):?

• Discuss the risk to the organization of failure to address identity security vulnerabilities??
• Prioritize identity as a top priority in your security program?
• Speak often to the entire organization about best practices and its importance?
• Apply the same identity concepts and processes with employees, third parties, customers/consumers, and non-humans?
• Practice good identity hygiene, recognize and report phishing, keep software up to date, and more.?

Bonus insight: Did you know your mobile device could be a target for identity theft? ? ?

Craig Lusher , Product Principal [Secure Solutions] at Continent 8, sheds light on potential data security and privacy risks posed by mobile threats—ranging from stealing facial recognition data and identity documents to intercepting SMS messages—and offers measures to protect mobile devices against these sophisticated cyber attacks.?

Read the blog here.?

For more tips and insights, subscribe to our monthly cybersecurity newsletter?

Learn more about C8 Secure at www.c8secure.com?