With data security breaches on the rise, it begs the question. Should healthcare providers prioritize cybersecurity training alongside HIPAA privacy and security?
We are living in an era where privacy or safety of information online cannot always be guaranteed. Healthcare entities have suffered enormous losses from data breaches in 2020. And most of the reported data breaches account for cybersecurity-related incidents.
In fact, from January 2020 to November 2020, 79% of breaches reported in healthcare have been linked to cybersecurity. And the volume of cyberattacks has increased from November 2020 to January 2021 by 45%. It is an alarming concern for healthcare professionals.
It is extremely common for business websites to use web applications. However, when these applications contain vulnerabilities they can be exploited by hackers. This makes it essential that companies start taking web application security more seriously.
There are countless examples of poor web application security that have led to extremely serious data breaches and the loss of significant amounts of money. The well-publicised data breach at Equifax was caused by a failure to patch a flaw in a web application – this ended up costing the business in excess of $1.38billion.
Machine learning and artificial
intelligence are changing the way that businesses operate. Whether it’s on the
factory floor or in back-end IT, automated services and machines are increasing
speed and productivity all while freeing up workers to focus on tasks which
require a totally different set of skills.
Alongside this, we are seeing the role of AI in cyber security increase as well as the number of artificial intelligence security tools being used too. This is all because AI is trained to learn, develop and grow using the data it is provided with. Essentially, an AI system is constantly in a state of change and improvement. In an environment where hackers and security threats are everywhere and constantly looking for a way into a system, protecting company data has never had such a high priority. With this in mind, it’s important to understand exactly what is AI in cyber security and just how is AI in security being implemented?
On my 1st week of the basic course in the Israeli army I was taught that in terms of information security there is no information item that is too negligible or too small to deal with.
The base location, the unit’s name, how big is my team – shall not be told.
There is no need to brag about the amazing projects we do
There is no reason to connect external media to computers
EVERYTHING about information security is important and must be afterthought.
That approach is based on the assumption, that a person who was educated from the very 1st moment not to disclose the name of the unit (barely the city it is located at) will be very minded and aware with information of real potential harm.
This is an excellent and well-proven attitude with regard to security, and I’d expect it to be a corner stone in mission critical cyber security organizations and industries such as: medical, energy, avionics and automotive.
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.
The Endpoint security solution is the fastest-growing category in cybersecurity, no doubt as a response to growing threats.
From all the categories in the cybersecurity world, one stands out in terms of sales volume and growth.
The Endpoint security products (also known as EPP- Endpoint security platforms) are designed to secure laptops, desktops, servers from malware. The rapid growth in this particular product category has several reasons. The first is the rise in attacks against endpoints, which is driven by financial motives. Ransomware attacks (which are targeting endpoints) have doubled in the last 12 months. When an organization is under attack, the most vulnerable assets are usually the endpoints, which host all the data and provide the attackers with access to other endpoints and servers, which they then use to identify data and encrypt it.
“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.
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.