Cybersecurity is a top concern of businesses today. While often thought of as an IT issue, cyberdefense tactics often have surprising overlaps with business strategies inherent to the finance department. As a result, more chief financial officers (CFOs) are becoming cybersecurity custodians.
Cybersecurity has taken the forefront on the global stage, and it’s more important than ever for companies to protect their sensitive data. Challenges such as bring your own device (BYOD), shadow IT, and social engineering further complicate the everyday cyberthreat. Look here for the latest news and best practices that can help you reduce your organization’s risk.
The Hong Kong-based Cathay Pacific Airways revealed on October 24, 2018 that they had they were the victims of cyberattack in March of this year. The associated data breach led to the theft of the passenger data of upwards of 9.4 million customers. The ill-gotten data included flyer’s passport information, including names, addresses, dates of […]
Speaking at the 40th International Conference of Data Protection and Privacy Commissioners (ICDPPC) in Brussels, Belgium, Apple CEO Tim Cook has joined the chorus of privacy advocates calling for stricter privacy regulations. His keynote speech hammered (not by name) the numerous tech companies whose business models thrive by vacuuming up the personal information of their […]
The initial reporting around the data breach that led to the shutdown of the drastically under-used social network Google+ also led to many comparisons to the many security issues Facebook has been dealing with. However, the narrative changed over the next few news cycles, leaving many to question what really happened, and what (if any) […]
The Centers for Medicare and Medicaid Services (CMS) disclosed that a hack of HealthCare.gov has exposed the data of 75,000 consumers. CMS, a division of the US Department of Health and Human Services announced last week (Tuesday, October 16) that they had detected “anomalous system activity” earlier in the month.
Anthem Inc. has agreed to pay $16 million to settle HIPAA allegations related to the historic data breach the insurer suffered in 2015. The record amount of the resolution agreement, announced October 15 by the U.S. Department of Health and Human Services (HHS), is nearly triple the previous high of $5.5 million.
As the number of small businesses targeted for cyberattacks continues to rise, it’s never been more important for organizations of all sizes to protect their sensitive data. A strong bring your own device (BYOD) policy should play a vital role in every company’s wider security strategy. Without it, your employees may be putting your company’s […]
For 2018’s National Cybersecurity Awareness Month, the Better Business Bureau (BBB) wants to remind businesses and consumers alike that good cyberhygiene can range from smart online shopping to protecting confidential information from being hacked.
The Federal Bureau of Investigations (FBI) has issued a warning directing employers to be on the alert for e-mail phishing scams that target their online payroll accounts. Cybercriminals are using these e-mails to capture employees’ log-in credentials, the FBI explained in a September 18 public service announcement (I-091818-PSA). Once the cybercriminal obtains an employee’s credentials, […]
In 2017, NSA contractor Reality Winner went to great lengths to expose classified documents detailing Russian interference in the 2016 presidential election. While Winner’s methods were sound, the journalist who published the piece inadvertently outed her identity by including a scanned copy of the printed documents.