The new General Data Protection Regulations (GDPR) which came into effect in 2018 meant some big changes in the way businesses collect and handle personal data. The idea behind the new legislation is to give individuals better access and control over their own personal data. While this is great news for individuals, it requires a little extra work from businesses who must now provide legal grounds for collecting data and must only use it for the intended purpose. What’s more, they need to follow these regulations to the letter and remain GDPR compliant at all times.
This applies to companies of all sizes – even your small business. If you collect personal data in any form, such as emails, addresses, names or financial details, your business needs to be GDPR compliant. If it’s found that you’re not effectively managing and protecting your data you could face a big fine. Though regulators may be a bit more lenient with smaller businesses depending on how much data you hold, an unwanted fine is always bad news. That’s why we’ve put together this checklist to help ensure your small business is GDPR compliant. In this guide we’ll look at:
- Understanding your data and responsibilities
- Defining your data consent policy
- Access requests and disposing of old data
- Setting up a data storage and security policy
- Training all staff on GDPR
- Creating data processing notices
Medical IoT devices operate in care facility environments that encompass care giving, case management, customer service, and clinic management. As such, the risk of data gathered and managed by medical devices extends beyond the device itself. A compromise of clinic management services can propagate to IoT device command and control, allowing compromise of devices in attacks that do not directly touch the device at all. This is clearly the major driver for the emerging category of “Medical IoT (IoMT) Cyber Security ”
A large hospital for examples could be home to as many as 85,000 connected devices. While each of these devices has a significant role in the delivery of care and operational efficiency, each connected device also opens the door to a malicious cyberattack. A recent report from Irdeto, found that 82 percent of healthcare organizations’ IoT devices have been targeted with a cyberattack within the last year.
Going over the players in this industry, it is clear that the Medical IoT security category includes a number of different approaches with the common target to provide the customer with a clear assets discovery and timely alerting on security breaches and attacks on its Medical environment.
Although many large security players are addressing this niche too, CyberDB identified a number of emerging players that are focusing on this industry and as such we expect them to benefit from the growth in this market. These players are (in alphabetical order):
Breach and Attack Simulation is a new concept that helps organizations evaluate their security posture in a continuous, automated, and repeatable way. This approach allows for the identification of imminent threats, provides recommended actions, and produces valuable metrics about cyber-risk levels. Breach and attack simulation is a fast-growing segment within the cybersecurity space, and it provides significant advantages over traditional security evaluation methods, including penetration testing and vulnerability assessments.
Going over the players in this industry, it is clear that the BAS category includes a number of different approaches with the common target to provide the customer with a clear picture of its actual vulnerabilities and how to mitigate them.
CyberDB has handpicked in this blog a number of exciting and emerging vendors. These players are (in alphabetical order):
Those companies have a number of characteristics in common, including a very fast time to market, successful management team and strong traction. In addition, all of them have managed to raise Series A or B funding over the last 16 months, ranging from $5M to $32M.
“I’ve read that my web hosting provider’s website that they have a good security solution in place to protect me against hackers.”
This is a pretty common answer that a lot of bloggers and small business owners gave me when I ask them if they know about how secure their web hosting is. Also, they often add that their budgets are pretty tight so they’ve chosen to go with “an affordable provider.” By “affordable,” of course, they mean ‘ridiculously cheap.”
Come on, people.
Do you really think that a cheap web hosting has everything in place to stop a website attack? Do you think that they will protect you from all types of hacker attacks?
While I don’t know everything about how web hosting providers choose security solutions, I can tell you with some confidence that a lot of them have laughable solutions.
Some businesses – usually those that have never experienced any kind of major IT incident – think of cybercrime as an inconvenience. They may believe that if their company is hacked it will cause some disruption and perhaps an embarrassing news story, but that ultimately the breach will have only a minor effect.
However, the truth is that cybercrime can have a huge range of unexpected consequences. Here we take a lot of the real impact of a breach – cybercrime might affect you a lot more than you think.
In recent years, IoT has been on the rise, with billions of new devices getting connected each year. The increase in connectivity is happening throughout markets and business sectors, providing new functionalities and opportunities. As devices get connected, they also become unprecedently exposed to the threat of cyberattacks. While the IoT security industry is still shaping, the solution is not yet clear. In this article, we will review the latest must-know about IoT visibility & security and we will dive into new approaches to secure the IoT revolution.
IoT visibility & security in 2019:
1. IoT endpoint security vs network security
Securing IoT devices is a real challenge. IoT devices are highly diversified, with a wide variety of operating systems (real-time operating systems, Linux-based or bare-metal), communication protocols and architectures. On top of the high diversity, comes the issues of low resources and lack of industry standards and regulations. Most security solutions today focus on securing the network (discover network anomalies and achieve visibility into IoT devices that are active in the network), while the understanding that the devices themselves must be protected is now establishing. The fact that IoT devices can be easily exploited makes them a very good target for attackers, aiming to use the weak IoT device as an entry point to the entire enterprise network, without being caught. Besides that, it’s important to remember that network solutions are irrelevant for distributed IoT devices (i.e., home medical devices), that has no network to protect them.
Manufacturers of IoT devices are therefore key for a secure IoT environment and more and more organizations are willing to pay more for built-in security into their smart devices.
2. “Cryptography is typically bypassed, not penetrated” Shamir’s law
In recent years we see a lot of focus on IoT data integrity, which basically means encryption & authentication. Though very important by itself, it’s important to understand that encryption doesn’t mean full security. When focusing mainly on encryption & authentication, companies forget that the devices are still exposed to cybersecurity vulnerabilities that can be used to penetrate the device and receive access into the decrypted information, thus bypassing the authentication and encryption entirely. In other words, what’s known for years in the traditional cyber industry as Shamir’s law should now make its way to the IoT security industry: “Cryptography is typically bypassed, not penetrated” and therefore companies must invest in securing their devices from cyber attacks and not just handle data integrity. To read more about that, please visit Sternum IoT Security two-part blog post.
Cybersecurity is the process of protecting and defending an enterprise’s use of cyberspace by detecting, preventing and responding to any of the malicious attacks like disabling, disrupting, injecting malware, or anything thing else aimed to harm the organization.
At its center, cybersecurity defends your organization from vicious and threat attacks aimed to disrupt and steal information from your organization. Cybersecurity risks are similar to financial and reputational risks as it could directly affect the organization’s growth, driving the costs up and adversely affecting the revenue.
If you’re a part of an organization, and especially, if your workplace stocks sensitive information of individuals or clients involved, then this is an ideal time to educate yourself regarding cybersecurity and ways to safeguard your organization against cyber attacks and threats with the help of professionals who hold cybersecurity certifications.
To stay secure many businesses regularly test their systems to identify vulnerabilities. Penetration testing is one of the most common types of cyber security assessment but in recent years a growing number of businesses have also turned to ‘bug bounty’ programmes to supplement their testing programmes.
Penetration testing (often referred to as pen testing) is a well-known and established form of assessment, typically carried out by a company that specialises in ethical hacking. (Covered here in great detail by Redscan’s extensive glossary). Bug bounty programmes, however, are a more recent offering, viewed by many as a complement to penetration testing, helping to widen the scope of security testing on platforms that are already well-secured against attacks.
Many large organisations run their own on bug bounty programmes, including Google, Facebook and Microsoft (which paid out millions in bounties in 2018). Even the EU has begun funding programmes.
First announced in 2015, the United Kingdom (UK) finally published its Digital Strategy that went into effect on March 1, 2017. Per the government’s website, the goal of this document is to provide a blueprint how the UK will build on its success to date in developing a world-leading digital economy that works for the greater good. This is particularly important given that the UK is a global capital for financial technology, which generated £6.6bn of revenue in 2015.
In early February 2017, Tallinn Manual 2.0 was published by Cambridge University Press. Led by the NATO Cooperative Cyber Defence Centre of Excellence, publication of the initial Tallinn Manual occurred in 2013 and focused on the applicability of international law to conventional state-authorized and operated cyber warfare. Authored by a group of international law experts, the recent follow-up focuses on a full spectrum of international law as applicable to cyber operations conducted by and directed against nation states, ranging from peacetime legal regimes to the law of armed conflict.