Staying Cyber Resilient: Tips and Tricks
According to a study by PaloAlto , 96% of 1,300 global C-suite leaders encountered at least one security breach in 2022, and 57% of them faced more than three breaches. In 2023, the vulnerability in MOVEit resulted in a widespread series of record-breaking breaches. TechCrunch reported that this single vulnerability incurred a staggering cost of over $9.9 billion (about $30 per person in the US) for businesses, impacting more than 1,000 businesses and over 60 million individuals (about twice the population of Texas).?
As we near the end of the erratic 2023, one thing remains certain: businesses globally are playing catch-up with the newest trends in cyber threats. While most companies have invested in cybersecurity — albeit often at the expense of productivity and profits — cybercriminals still have plenty of avenues to exploit.?
In this newsletter, we highlight the most concerning types of cyberattacks and offer valuable insights on how to safeguard against them. Let's explore!?
The Dark Side of AI in Cybersecurity
What is AI in cybersecurity in terms of potential cyber threats??In the interview with the Global Cybersecurity Practice Leader at Intellias, Kamil Fedorko , we are taking a deep dive into the topic. As well as trying to imagine AI in cyber security in 15 years.?Watch to become cyber-resilient, not just cyber protected.
What We’ve Learned from Recent Supply Chain Attacks: Are You Prepared?
The SolarWinds software supply chain attack in 2020 stands as one of the largest in history. In 2021, Kaseya’s 60 customers and another 1,500 businesses were impacted by the cyberattack. Apple supplier Quanta has been the target of a $50 million ransomware attack. Authentication services provider Okta disclosed three breaches in 2022. Japanese carmaker Toyota Motors was forced to halt production due to a cyberattack suffered by one of its suppliers, Kojima Industries Corp, and we have already seen a software supply chain attack on popular desktop software 3CX as well as the MOVEit incident in 2023.?
In a supply chain cyberattack, hackers exploit vulnerabilities in trusted entities within an organization's supply chain to breach the target. This is often a preferred method as it's more feasible than attacking well-secured organizations directly. To understand the impact on businesses and how to protect yourself, check out our blog post .
It might be surprising, but emails can still pose risks in the era of advanced technology. Up to 90% of targeted cyberattacks start with an email. So, how can a business keep its emails safe and sound? Explore the comprehensive guide by the Intellias Global Cybersecurity Practice Leader Kamil Fedorko .
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According to Ponemon Institute Cost of Insider Threats research , approximately 34% of businesses each year experience insider threat incidents, resulting in a staggering estimated cost of $15.38 million per occurrence. To mitigate the risks of attacks, it's crucial to take the right approach to fortifying your company's cybersecurity culture. Have a look at how you can do it in our recent article for the Cybersecurity Insiders .
The Role of AI in Cybersecurity: What to Expect?
The cybersecurity landscape has witnessed a significant transformation fueled by the rise of AI technologies.?
Roman Reznikov, PhD , VP of Delivery at Intellias sat down with Ed Adams , the CEO of Security Innovation and author of the book “See Yourself in Cyber: Security Careers Beyond Hacking” .
They discussed the implications, challenges, and potentials that AI brings to the forefront, shedding light on topics such as data integrity, model accuracy, and software security.?Watch .
Intellias offers a range of #cybersecurity consulting services, including application security, managed security, and compliance & governance services. Intellias cybersecurity and cross-technology experts apply their extensive experience and knowledge of security best practices and standards, to protect the clients' mission-critical systems, applications, and setups??from all known and emerging threats and align them with industry and regulatory requirements. Learn more about our cybersecurity expertise . ?
Become cyber resilient, not just cyber protected.?