April 26, 2017//Ellen NeveuxLast Updated: July 23, 2021
“Cybercrime is a boundless threat”, according to a recent PriceWaterhouseCoopers study. As digital technologies continue to soar, cybercrime continues to climb.
The study states that in 2016, 32% of organizations were affected by some kind of cyber-attack, yet only 37% of organizations feel they are prepared for cyber risks.
With so many connections and touch points in today’s business world – from third-parties, service providers, partners, or government authorities – there’s an ever-increasing opportunity for compromise. There’s a risk of a security breach at any of these endpoints.
A key highlight of the study PWC study showed there’s a trend of hackers being able to remain on an organization’s network for periods of time – without even being detected. Does this make you think about what measures you currently have in place to provide visibility of who is on your network, and what they are doing?
The recent Amazon breach, where hackers gained access to third-party vendors and stole credentials, shows a clear need for stronger third-party cybersecurity measures. What can you do to protect your company from the reputational damage, as well as the legal ramifications, often associated with these kinds of breaches?
With this sharp rise in cybercrime, let’s dive into some ways you can reduce security risks and keep your network access secure:
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