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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.
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. fuel pipeline, causing widespread disruptions.
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.
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.
For example, the 2021 attack on Colonial Pipeline led to a $4.4 Develop and test a detailed responseplan to minimize confusion during an attack. The key takeaway is clear: The best defense against ransomware is a combination of preparation, resilience , and a well-structured responseplan.
August 18, 2021. In less than two years, the average ransomware payment went from $12,000 in Q4 2019 to $54,000 in Q1 2021. Create and test an incident responseplan. The response and remediation processes should be specially written for how to isolate the threat, contain the damage, and eradicate the breach.
” Containers Will Become Mainstream to Support the Cloud Explosion of 2021. “Businesses wrongly predicted that employees would return to the office, as normal, in 2021. As a CEO or CIO of an organization, it’s irresponsible at this point not to have a proven ransomware responseplan.
READ TIME: 5 MIN August 18, 2021 Ransomware + Cryptocurrency = Costly for Your Business Bitcoin. In less than two years, the average ransomware payment went from $12,000 in Q4 2019 to $54,000 in Q1 2021. Create and test an incident responseplan.
What happened on May 7th, 2021 to the oil pipeline? Who is responsible for it? On May 7th, 2021, the Colonial Pipeline in the USA was rocked by a major ransomware attack. All companies should be striving for cyberresiliency.” Implement A Recovery Plan. Did they pay the ransom?
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.
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