Risk Management

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

4 Types of Organizations That Need to Pay Closer Attention to Data Security

Data security is a term used frequently in news reports. This company or that had a data breach. Users should take measures to change passwords and lock down their credit reports and personal data. 

At times, small businesses and organizations assume they may be less at risk for a data breach than mega corporations. Unfortunately, hackers don’t care who they target. They only want a successful win as they face the challenge of circumventing security measures. If you haven’t paid much attention to keeping your users’ data safe, now is the time to ramp up your efforts.

What Your E-Commerce Needs to Know About Proper Packaging

The right packaging shows your customers you care about their needs. Creating an excellent customer experience (CX) involves everything from your website to interactions to opening the product. Good packaging design helps build consumer confidence and shows them they can trust you to understand them. 

E-commerce has a unique challenge with packaging. Not only do you have to consider the outer container for your product but you must think about the materials in the package, such as the box, padding, invoice and instructions. 

Is Your Business At Risk of a Cyber Threat this Year?

Small business owners are busy growing their brands, hiring workers, creating new offers and managing customer relationships. It’s natural for them to somewhat put cybersecurity on the backburner. The problem with not protecting your company now is that you may be more at risk of an attack than you think. Cybercriminals don’t just target big corporations with hacking attempts. 

Four Clear Signs that Your Business Isn't Paying Enough Attention to Data Protection

Data protection involves more than just keeping your customers’ personal information safe. You also must be aware of state, federal and international laws regarding data privacy compliance. Busy entrepreneurs may find data protection falls to the wayside amidst the dozens of tasks vying for attention.

Databarracks: Cyber attacks are now the #1 cause of data loss

New research by Databarracks has shown that 38% of organizations reported cyber attack and internal breaches as a cause of data loss in 2022.

The findings come from the annual Data Health Check, a survey of 400 IT decision makers. This year’s survey focused on themes of Ransomware, Cyber, Backup, Disaster Recovery and Business Continuity.