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The healthcare Industry contains private and sensitive information about millions of patients in every country. Therefore, it’s no wonder that in 2017, it was the target of over 50 percent of cyber-attacks. Loaded with identity-revealing information like social security numbers, dates of birth, billing information and, of course, health insurance information, these details can be used for any number of fraudulent actions.
The travel industry and its customers are increasingly the targets of cyberattacks as criminals seek to monetize highly valuable travel data, according to the new IBM Security research.
Manufacturers will not be able to fully realize the benefits of digital transformation without first addressing cybersecurity. The Industrial Internet of Things (IIoT) is redefining industrial manufacturing, enabling Industry 4.0 (I4R). Emerging technologies such as the IIoT, artificial intelligence (AI), machine learning (ML), and blockchain (all in the cloud) are redefining industrial supply chain management (SCM). However, with an increasing focus on IIoT-enabled supply chains, and the large repositories of sensitive data they provide, manufacturing assets and supply chains have now become a lucrative target for cyber attacks. While manufacturers can reap the many benefits of digital supply chains, it is imperative now more than ever that they pay attention to the growing concerns of cybersecurity.
However, according to Gartner, industrial managers are not paying enough attention to IIoT security, as they are not prioritizing these initiatives (Figure 1). This article will dive into the cybersecurity challenges and vulnerabilities in digital supply chains, review cybersecurity frameworks, and recommend holistic approaches to mitigate those risks.
When a security pro gets different vendor solutions to work with each other, it's a cause for celebration. Unfortunately, most security stories seem like they're written by George R.R. Martin and they don't resolve to "happily ever after" conditions. Yes, things can run well for a while, even a good long while, but there comes a day for many a partnership where the parties involved part ways and their products no longer play well with each other.
MIAMI — The leaders of Riviera Beach, Fla., looking weary, met quietly this week for an extraordinary vote to pay nearly $600,000 in ransom to hackers who paralyzed the city’s computer systems.
Riviera Beach, a small city of about 35,000 people just north of West Palm Beach, became the latest government to be crippled by ransomware attacks that have successfully extorted municipalities and forced them to dig into public coffers to restore their networks. A similar breach recently cost Baltimore $18 million to repair damages.
While cybersecurity discussions have permeated board meetings, the democratization of accountability has a long way to go.
A spate of recent surveys offer indications that the philosophy that "cybersecurity is everyone's responsibility" is gaining steam in the C-suite at most large organizations. But digging into the numbers — and keeping in mind perennially abysmal breach statistics — it's clear that while awareness has broadened across the board room, accountability and action are still spread pretty thin.
There is a lack of focus in cyber security. This rarely stems from lack of hard work, desire, technical ability or aspiration. Many cybersecurity leaders and teams voice concern around lack of funding, minimal executive support and share all too common stories of burnout at all levels of the organization (including the CISO). However, these are often symptoms rather than root causes. Without understanding the root causes, cyber security leaders can miss the forest for the trees — with the company’s true security risk reduction suffering for it.
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