The executive order on cybersecurity President Biden issued in May doesn’t radically change federal cybersecurity practices for now, but it lays the groundwork for significant changes in the future. The EO directs multiple federal agencies to develop new policies and processes to safeguard federal networks, and also to improve the overall cybersecurity posture of all Americans.
Sometimes the hardest part of any project is getting started. But when it comes to strengthening your security operations program, the escalation of cyberattacks over the last few months have shown us there’s no time to waste. You need to make sure you’re leveraging threat intelligence throughout your security operations to understand your adversaries, strengthen defenses, and accelerate detection and response.
We have a saying at Splunk. It goes something like “if you’re ever having a bad day, go and talk to a customer”. What organizations around the world are doing with their data and Splunk brings a huge smile and an eyebrow raising, positive “can’t quite believe you’ve done that” very-impressed nod of the head. That’s never more true than with our security customers.
Data breaches are costing organizations millions of dollars on average. In its 2020 Cost of a Data Breach Report, IBM found that a data breach cost the average organization $3.86 million. This price tag was even greater for organizations located in the United States and operating in the healthcare industry at $8.64 million and $7.13 million, respectively. What’s behind this price tag, you ask?