Cyberattacks by notorious international hacking gangs such as the Lazarus Group, DarkSide, Lapsus$ and the Legion of Doom make headlines and strike fear into everyone responsible for network and data security. As menacing as these groups may sound, Cindy in sales and Eric in engineering likely pose more imminent threats.
Cybersecurity
The phish are biting. Learning to identify the common lures can help keep your organization from becoming the catch of the day.
It’s no secret that most cyberattacks are designed for financial gain — cybercrime generates trillions of dollars of income each year for threat actors worldwide. However, recent trends suggest that malware is increasingly weaponized to cause as much damage as possible.
Cyber insurance has become a vital component of the risk management framework, providing a hedge against financial losses stemming from cyberattacks. However, these policies have become more expensive and difficult to obtain due to an explosion of new digital threats. One of the many ways underwriters are attempting to balance their risk is by making multifactor authentication (MFA) a mandatory requirement for coverage.
Digital transformation has enabled the oil and gas industry to boost productivity, increase efficiency and reduce costs. Unfortunately, it has also increased the possibility of cyberattacks with the potential for creating global chaos.
