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Texas winter storm (2021): An energy company in Texas maintained critical operations by using remote data centers and cloud services to ensure data availability despite local power outages. The rise of cyber threats, such as ransomware and data breaches, further emphasizes the need for robust data protection.
July 7, 2021. Cyber Security: 8 Steps to CyberResilience. You’ve heard of cyber security, but have you heard of cyberresiliency? Let’s start with definitions: Cybersecurity includes the technologies and measures utilized to thwart cyber threats. CyberResilience. Cybersecurity.
As we reflect on lessons learned from our pandemic and multi-event response protocols, we can find many opportunities to improve business continuity practices to further solidify resilience. Cyberresilience is part of a much bigger picture and as such is evolving as a critical component of business continuity.
The Colonial Pipeline ransomware attack in 2021 forced the shutdown of a major U.S. Impact of Cyber Extortion on Businesses Cyber extortion can have far-reaching consequences that extend beyond immediate financial loss. This is a key part of becoming cyberresilient. Learn More The post What Is Cyber Extortion?
READ TIME: 4 MIN July 7, 2021Cyber Security: 8 Steps to CyberResilience Youve heard of cyber security, but have you heard of cyberresiliency? Lets start with definitions: Cybersecurity includes the technologies and measures utilized to thwart cyber threats.
When combined with Druva’s AI-driven continuous monitoring capabilities and 24/7 support from Druva Cloud Ops, users will be able to rapidly monitor, fight, and mitigate internal or external threats. In April of 2021, Druva also raised $147 million in Series H funding from a group of investors. To learn more about Druva, click here.
For example, the 2021 attack on Colonial Pipeline led to a $4.4 Alternative Strategies to Consider These alternatives can help you mitigate the damage, regain control, and prevent future attacksall without funding cybercriminals. Remember, ransomware thrives on unpreparedness.
Businesses hoping to exit 2021 with momentum will face new challenges and evolving threats in 2022. Despite the positive strides taken in 2021, a return to normal business functions has not taken place. Terror Risk. Operational Risk. The biggest operational facing businesses is climate risk. trillion over the next five years.
While numbers from 2021 are still being tallied here in early 2022, it’s hard to get a good handle of the actual number of ransomware attacks last year, but there’s one thing most reports agree upon—ransomware attacks have increased at an alarming rate, not just in volume, but also in complexity.
Without adequate technology resilience , a worse-case scenario is that the business can fall behind competitors and lose market share from damaging its reputational or financial status. Defining CyberResilience. ” Cyber risk, cyberresilience, cybersecurity, and IT risk are terms that are often used interchangeably.
Unlike traditional disaster recovery , which typically focuses on natural disasters or physical infrastructure failures, cyber recovery is specifically tailored to address the unique challenges posed by cyber incidents. Immediate Cyber Attack Recovery Actions When a cyberattack occurs, time is of the essence.
When a regional storm makes travel difficult and causes short-term power outages, for example, an effective business continuity plan will have already laid out the potential impact, measures to mitigate associated problems, and a strategy for communicating with employees, vendors, customers, and other stakeholders.
When a regional storm makes travel difficult and causes short-term power outages, for example, an effective business continuity plan will have already laid out the potential impact, measures to mitigate associated problems, and a strategy for communicating with employees, vendors, customers, and other stakeholders.
Mitigating supply chain risk After widespread coverage, the CrowdStrike outage from 19 July 2024 hardly needs an introduction. Perhaps the best comparison is the Suez Canal blockage from 2021. What compensating controls, or plan Bs, can you implement to mitigate a failure? But it had far-reaching impact.
What happened on May 7th, 2021 to the oil pipeline? On May 7th, 2021, the Colonial Pipeline in the USA was rocked by a major ransomware attack. This preemptive action took control from the terrorists and mitigated the long-term effects, the intimidation and leverage the terrorists hoped for.”. Who is responsible for it?
What may be even more alarming is that in just the first three months of 2021, OCR already looked into 113 healthcare-related data breaches affecting 500 or more individuals. So, what does this mean for operational resilience? Cyberresilience and operational resilience are emerging hand-in-hand.
For example, in the 2021 Airport Infrastructure Needs Study released by the Airports Council International, airports have identified $1.28 Department of Energy (DOE) to implement a public-private partnerships program to “address and mitigate the physical security and cybersecurity risks of electric utilities.”.
Read on for more BackBox Unveils New CyberResilience Platform Prebuilt automations solve the most common use cases, including device backups, with single-click restore, compliance, audit, and remediation, task automation, OS and Firmware updates and patching, and vulnerability intelligence.
Investing in systems and processes that grant you this visibility and training will help position generative AI as an aid for productivity in the workplace, and help mitigate data privacy concerns. “With a global focus on data privacy, organizations must leverage technology to identify and mitigate risks quickly and effectively.
Investing in systems and processes that grant you this visibility and training will help position generative AI as an aid for productivity in the workplace, and help mitigate data privacy concerns. “With a global focus on data privacy, organizations must leverage technology to identify and mitigate risks quickly and effectively.
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