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Today, with an increasing number of successful cyber breaches (like ransomware attacks) making headlines, resilience is often discussed in terms of cyberresilience. But when you hear the term “cyberresilience,” what does it entail and what does it mean for your operations? What is CyberResilience?
The cryptocurrency craze has grown in the past few years, with prices jumping in 2017 and simply skyrocketing in 2020. The average ransomware payment increased by 60% in the first half of 2020. Before 2020, there was no ransom above $6 million, but every quarter since Q1 2020 has had at least one. To Pay or Not To Pay.
The cryptocurrency craze has grown in the past few years, with prices jumping in 2017 and simply skyrocketing in 2020. The Impacts of a Ransomware Attack The average ransomware payment increased by 60% in the first half of 2020. Before 2020, there was no ransom above $6 million, but every quarter since Q1 2020 has had at least one.
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Business Need Vault Pressure Control, originally a unit of Baker Hughes, became an independent entity in 2020. To protect their digital assets, Vault Pressure Control sought a cybersecurity program and NexusTek delivered a custom plan with multi-factor authentication (MFA), email filtering, and employee security awareness training.
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The company called in third-party cybersecurity authorities. Katie Nickels, the director of intelligence at the cybersecurity firm Red Canary says that simple hygiene techniques can stop that first access. If we learned anything from recent events in 2020 and 21, it is disaster can strike quick and hard when least expected.
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