Risk Management

Maintaining Psychological Safety: A Leader's Guide to Navigating Organizational Crisis

Every business leader faces pivotal moments that challenge their mettle, whether from internal organizational issues or global crises. In many instances, the fallout from these events can often cascade to employees, triggering uncertainty and anxiety. 

During such exigencies, the role of management becomes crucial — both in managing the issues and ensuring workers feel safe, valued and heard. Delve into how to step up and provide psychological safety for your teams while navigating critical situations. 

The Looming Threat of Orphaned Data: How Former Employees' Abandoned Files Could Destroy Your Business

Employees are leaving their jobs in record numbers – both voluntarily and involuntarily

The amount of employee turnover that occurs each year varies depending on the industry and country. However, layoffs have seemingly become a common occurrence in the business world, with the tech industry being hit particularly hard of late. Layoffs.fyi, a website that has been monitoring tech layoffs since March 2020, has compiled data indicating that at the time of publishing, approximately 139165 employees have been laid off by 503 tech companies since the beginning of this year.

Research indicates that encrypted connections have become the preferred method for malware delivery, putting organizations that don’t decrypt traffic at higher risk 

March 29, 2023 – WatchGuard® Technologies, a global leader in unified cybersecurity, today released findings from its most recent Internet Security Report, detailing the top malware trends and network and endpoint security threats analyzed by WatchGuard Threat Lab researchers in Q4 2022. While key findings from the data showed declines in network-detected malware, endpoint ransomware increased a startling 627%, and malware associated with phishing campaigns continued to be a persistent threat. 

99% of cybersecurity leaders are stressed about email security

LONDON, UK / March 7, 2023 - Egress, a cybersecurity company that provides intelligent email security, today released its Email Security Risk Report 2023. The report uncovers findings that demonstrate the prevalence of inbound and outbound email security incidents in Microsoft 365, with 92% of organizations falling victim to successful phishing attacks in the last 12 months, while 91% of organizations admit they have experienced email data loss. Not surprisingly, 99% of cybersecurity leaders confess to being stressed about email security. Specifically, 98% are frustrated with their Secure Email Gateway (SEG), with 53% conceding that too many phishing attacks bypass it.

Activism, strikes and civil commotion climb the list of threats businesses must consider in 2023

Grassroot movements, strikes and civil commotion are risks that every business must consider in 2023, warns strategic malicious risk advisors, CHC Global, as they will likely disrupt businesses and affect organizational resilience for months, if not years, to come.

How to Determine If Your Tech Business Takes Enough Risks

Starting a company is a risk in itself. Tech businesses sometimes take years to see growth. It’s natural to feel pressure as an entrepreneur with employees and clients relying on success. Unfortunately, some CEOs get into the habit of avoiding risks and taking the safe road. Doing so may mean the brand misses out on excellent opportunities. 

Finding the right balance between risk-taking and risk-avoidance ensures a brand grows steadily without imploding on itself. Taking the wrong risks costs companies money and may even cause them to shut their doors permanently.

New Report Reveals U.S. Federal Government Exposed to Significant Cybersecurity Risks

WORCESTER, UK and ARLINGTON, VA, November 1 2022 – Titania, specialists in accurate network security and compliance assessments and risk remediation software, launched a new independent research report that uncovers the impact of exploitable misconfigurations on the security of networks in the U.S. federal government.

Netwrix Study: 86% of Cloud Attacks in Healthcare Result in Damages and Financial Losses

FRISCO, Texas, October 27, 2022 – Netwrix, a cybersecurity vendor that makes data security easy, today announced additional findings for the healthcare sector from its global 2022 Cloud Security Report.

61% of respondents in the healthcare industry suffered a cyberattack on their cloud infrastructure within the last 12 months, compared to 53% for other verticals. Phishing was the most common type of attack reported.

SaaS Data Was the Target of 51% of Ransomware Attacks in the Last 12 Months

SAN FRANCISCO - September 27, 2022 - Odaseva, the leading enterprise data protection platform for Salesforce, today released the findings of a global survey that shows that organizations are largely unprepared for ransomware attacks on their data stored in SaaS platforms. Attacks on SaaS data are an increasingly common cybersecurity target, and they succeed in encrypting SaaS data half the time, leaving only half of the victims able to fully recover. Differentiating from other ransomware studies, the survey queried senior data professionals at large enterprises of 10,000 employees or more.

Ransomware attacks are successfully targeting both SaaS and cloud data