Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Get ready for upcoming changes to cyber insurance policies. Due to risk associated with the increase in remote work, insurers are more likely to initiate in-depth cybersecurity risk analyses of companies seeking to purchase or renew policies, the Wall Street Journal reports. The adoption of stringent privacy regulations in the United States and abroad could also justify additional scrutiny by insurance companies during the initial underwriting and renewal process.

While data breaches are never good news for any business, they can be especially catastrophic in the financial industry. The sheer amount of sensitive personal data that moves through the average banking institution on a normal day creates a seductive target for cybercriminals and a potential nightmare for security administrators. As a result, finding the right cybersecurity solution that can be tailored to the needs of financial institutions a must.

Global organizations are working towards making data privacy a fundamental right. However, as the privacy paradigm shifts to a digital world, businesses are more exposed than ever before. That’s because security has not been the focus of this revolution in IT infrastructure.

Arctic Wolf security awareness program experts—who created security awareness programs for Disney, Sony, as well as our Managed Security Awareness solution—recently produced The Complete Security Awareness Plan and Strategy Guide to help you evaluate and elevate your own security awareness program.

October marked a dubious milestone for cybersecurity. A report from the Identity Theft Research Center confirmed that the number of cyber attacks reported through the first nine months of the year exceeded the total recorded for the entirety of 2020. And not by a small margin either—attacks are up 17% in 2021 compared to last year. Clearly, hackers have been busy, as have the cybersecurity experts tasked with mitigating the damage.

In the second half of 2021 the AT&T Managed Threat Detection and Response (MTDR) security operations center (SOC) observed an increasing number of attacks against vulnerable Exchange servers. A number of these attacks were attempting to leverage proxyshell vulnerability to gain access to customer’s networks.

This week marks our mid-year kick-off. It’s our all-company meeting that, like Arctic Wolf, gets bigger each year with hundreds of new team members joining us from around the world—many for the first time. With so much new hiring (we’re on pace to nearly double ourselves, again), I’m continually reminded of our Wolf Pack’s talent, dedication, and drive for success, and I’m proud to work alongside these professionals daily.

We believe, a Market Guide defines a market and explains what clients can expect it to do in the short term. With the focus on early, more chaotic markets, a Market Guide does not rate or position vendors within the market, but rather more commonly outlines attributes of representative vendors that are providing offerings in the market to give further insight into the market itself. We feel the Gartner Market Guide helps organizations learn about the below.

The shift to the cloud has greatly accelerated during the past year, and with that shift most cybersecurity incidents now involve cloud infrastructure. According to the 2021 Verizon Data Breach Investigations Report, 73% of cybersecurity incidents involved cloud assets — a 27% increase from last year. The 2021 IBM Security X-Force Cloud Threat Landscape Report also found there are 30,000 cloud accounts potentially for sale on dark web marketplaces.