Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Every business has a set of rules and regulations that it must uphold. To maintain compliance, businesses must adhere to the regulations and laws specific to their industry. The problem is, these regulations are constantly changing, and failure to stay up-to-date can lead to serious financial strains and damage to company reputation. Let’s explore how effective compliance management can ensure the continuity and security of your organization.

Artificial intelligence (AI) is reinventing the trajectory of cybersecurity and fighting with a double-edged sword. If harnessed correctly, AI can automatically generate alerts for emerging threats, detect new types of malware, and protect sensitive data. While it has advanced us into a plethora of new technologies -- think Siri, facial recognition, and Google’s search engine -- it has also probed us with significant threats from cybercriminals.

In this blog post, ProcessUnity, the leading provider of Vendor Risk Management software and Cybersecurity Program Management software, covers key strategies for addressing third-party cyber risk. Modern cybersecurity programs need to evolve rapidly to navigate new challenges, such as the COVID-19 pandemic and high-profile cyber attacks.

Have you been to the hospital lately? If so, you’ve probably been attached to at least one medical device with at least some sort of internet access. According to Cisco, the average hospital room has, on average, 15-20 connected devices, with an average of 6.2 cybersecurity vulnerabilities between them.

Viruses are the hot topic of 2021. We’re not just talking about the COVID-19 virus. Computer viruses, identity theft, and threat actors are no longer just the subject of sci-fi films and crime shows, but a reality of running a business. More than ever, cybersecurity is top of mind for business leaders. Whether you are a Fortune-500 Company or just launching your first venture, no business is too big or too small to escape the realities of today’s cyber threats.

In 1970, the world experienced its first “cyber attack” – What first started as a harmless joke, paved the way for a new wave of criminality - cybercrime. Since then, attacks have become more sophisticated with the use of malware, ransomware, and phishing attacks, among many others. In fact, according to Security Magazine, today’s hackers attack computers with Internet access every 39 seconds on average.

Someone in your organization gets an email with an attached document. The sender seems legitimate, but when they click on the link, it’s not what it claims to be. Soon your organization’s data is encrypted and you receive a message: pay a ransom to the attackers if you want the decryption key. You’ve just been the victim of a ransomware attack. Ransomware has become a major attack vector in 2021.

Today’s business landscape means having various business partners. From contractors to technology vendors, third parties are now part of everyone’s daily operations. However, with every new third-party you onboard, you also add a new risk. Supply chain attacks compromise your data, even if the third-party isn’t providing you a technology solution. To secure your data, you need to identify and classify high-risk third parties.

Organized cybercriminals are leaving traditional bank robbers in the dust. Nowadays, the banking sector’s most significant security concerns come in the form of online threats. Banks and other financial institutions process millions of transactions daily, with the majority of the transactions done via digital payment transfer platforms. For that reason, banks have become enticing targets for cybercriminals.