The data backup service Veeam reports that cybersecurity incidents were the leading cause of outages for 15% of survey respondents. Of course, protecting your organization against cyber attacks is a significant issue. But this can be especially hard for organizations to do if they’re guided by leaders who don’t understand the threats and realities of creating and maintaining strong cyber defenses.

As such, they may not see the intricacies of how some specific aspects of business overlap can impact others. This is why it’s important that every CEO understands that cybersecurity isn’t just about protecting your systems against cyber attacks and cybercriminals. While achieving compliance is great, there’s more required to achieve strong cybersecurity. Nathaniel Cole says that while being compliant with industry and regional regulations is important, it doesn’t mean that your organization is fully secure against cyber threats and cyber attacks. While this spells bad news for you, the good news is that there are things you can do to help prevent this type of scenario from happening. If you’re like most CEOs, cybersecurity isn’t your main area of expertise — but that’s OK … just knowing a few fundamental security concepts can help you make the right decisions for your company.

Insights Your Ciso, It And Cybersecurity Pros Want You To Know As A Ceo

But nothing beats old school research and threat assessments when it comes to evaluating your organization’s risk tolerance and response capabilities. Nathaniel Cole cautions against chasing industry trends and adopting the newest technologies just because they’re shiny and new. An important part of maintaining complete visibility of your network and overarching cybersecurity infrastructure includes tracking and managing your public key infrastructure . This includes carefully managing your certificates and keys and knowing where each one is in use within your infrastructure. Nathaniel Cole is the Chief Information Security Officer at Network Assured. With more than 15 years’ experience building & operating modern security programs under his belt, he uses these insights to write a cybersecurity advice column for business leaders on the company’s website.

It’s a smart move by your IT and cybersecurity employees to sort of “translate” things for you and spell out why it matters. Check Point delivers next-generation security threat protection against hackers and cyber security concerns… Eslam Reda serves as the founder of SECLINQ and head of cybersecurity services at Nueva Solutions. Reda has worked as a penetration tester, security engineer, researcher and consultant, among other roles, and holds many industry certifications. Henning Horst serves as Chief Technology Officer at comforte AG, a German tech company that offers software-based data protection solutions. Horst is a researcher and inventor who has worked previously as a systems architect and systems analyst.

Let’s check out what our team of experts thinks you should know about cybersecurity to avoid becoming the next data breach headline. It’s no secret that you and your employees are the first line of defense against cyber threats. After all, they’re the ones that cybercriminals try to trick, manipulate or coerce into doing something that can hurt your business. The best way to shore up your defenses is to educate employees about what threats exist and what they can do to keep your organization and data safe. This is why cyber awareness training should be required for every member of your organization, regardless of their rank, as well as other network users .

Zscaler is revolutionizing internet security with the industry’s first Security as a Service platform. As the most innovative firm in the $35 billion security market, Zscaler is used by more than 5,000 leading organizations, including 50 of the Fortune 500. Zscaler ensures that more than 13 million users worldwide are protected against cyber attacks and data breaches while staying fully compliant with corporate and regulatory policies.

  • While this spells bad news for you, the good news is that there are things you can do to help prevent this type of scenario from happening.
  • He’s certified as both an information systems security professional and Offensive Security Certified Professional .
  • Of course, protecting your organization against cyber attacks is a significant issue.
  • Some companies jump headfirst into using new software programs just because they’re perceived as the “latest and greatest” things.

Peter Carroll is the founder of The 2hO Network, a software company that specializes in secure remote team enablement and zero-trust networking. Part of this understanding is knowing what types of risks they face and how those risks would impact their organization. This website is using a security service zscaler reviews to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Communicating on a frequent basis about how security is the full organization’s responsibility and setting clear expectations.

Checking If The Site Connection Is Secure

The banking trojan targets companies that are involved in specific industries such as automotives, logistics, machinery, chemical manufacturing, civil and industrial construction, and fleet management services. Alam is a software developer with more than 10 years of experience working in the IT industry. Reda recommends starting off by creating and maintaining an accurate, up-to-date list of your digital and physical assets is a big step towards your goal of achieving end-to-end security. The banking malware known as Grandoreiro has been observed in recent attacks again. According to Zscaler’s ThreatLabz, it discovered a campaign called Grandoreiro that specifically targets companies in Spain and Mexico. Zscaler enables its customers to realize extensive savings in time and money as it streamlines everyday business operations.

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Eslam Reda, founder of SECLINQ and head of cybersecurity services at Nueva Solutions, says that you can’t protect something if you don’t know the threat exists. No matter what shiny, expensive tools or software you use, they won’t do you any good if you don’t have a clue as to what the assets are you’re trying to protect. Did you know that 43% of small and mid-size businesses don’t have a cybersecurity defense plan in place? This data from BullGuard calls out a massive concern regarding small businesses and their perceptions of cyber threats. But breaches are just one of many cybersecurity issues facing organizations — many things can go wrong, including outages and unplanned downtime. needs to review the security of your connection before proceeding. Needs to review the security of your connection before proceeding. Wojciech Syrkiewicz-Trepiak serves as Security Engineer at Spacelift, an infrastructure-as-code platform for DevOps engineers. He’s certified as both an information systems security professional and Offensive Security Certified Professional . This is why Camila Serrano, Chief Security Officer at MediaPeanut, says that she wishes CEOs would start investing in cybersecurity from the get-go, right from when an organization is first conceptualized.

This is not something that is a burden to the organization but something that is required for proper business to be conducted. Not having cybersecurity measures in place up front is kind of like opening a new brick-and-mortar storefront without bothering to install a lock or security gate on the front door. And if it does, you’re going to run into a lot of theft and crime-related issues as a result.

Grandoreiro Email Attach

They are a highly successful startup and I think a leader in cloud based security.

Creating A Culture Of Security Goes A Long Way In Making Your Organization More Secure

These 11 leaders share their insights about what every CEO needs to know about cybersecurity. Compliance is key and ranked as the No. 1 cost factor for data breaches in IBM’s 2021 Cost of a Data Breach report. In this year’s report , IBM’s data shows that the average cost of a data breach for organizations with the “highest levels of compliance failures” was a whopping $5.57 million.

You don’t — and can’t — know everything there is to know about IT and cybersecurity. Earlier, we touched on the importance of having business continuity and disaster recovery plans in place. However, there are other plans and policies you should have in place as well, including a well thought out and updated cybersecurity plan. For many businesses, small businesses in particular, their leaders believe that they’re not likely to be targeted by cybercriminals because they are too small. But this is a fallacy; Barracuda Networks reports that small businesses (i.e., those with 100 or fewer employees) are the targets of 350% more social engineering attacks than their enterprise counterparts. Matthew Aubin is a technical investigation specialist and founder of CSCT Global.

Casey Crane is a regular contributor to Hashed Out with 15+ years of experience in journalism and writing, including crime analysis and IT security. Messdaghi has served as a chief strategist for Point3 Security as well as the head of security researcher community at Bugcrowd. Hojjati says that part of having full visibility of your IT environment entails getting rid of the unknowns — unknown codes, certificates, and applications.

Matt has more than a decade of experience relating to privacy, cyber security and electronic counterintelligence. He’s a cyber forensics expert who has worked with in partnership with local and federal law enforcement agencies as well as dozens of elected legislators. Henning Horst, Chief Technology Officer at comforte AG, says that every CEO needs to have a holistic, well thought out strategy to secure their IT environments.

No Organization, Regardless Of Size, Is Immune To Cybercrime And Cyber Attacks

After that, the loader will collect information about the system, retrieve a list of installed antivirus programs, cryptocurrency wallets, and online banking applications, and then send that list to the C2. The actors will deploy procedures in order to force the victims to download and execute a file or a link that contains the Grandoreiro malware. Grandoreiro, a malware known as a banking trojan, is yet again on the loose, attacking workers from Spain and Mexico. Get a quick side by side comparison of products to save you time and money.

Global research from PwC’s 2022 Global Digital Trust Insights report shows that CEO and Board cyber awareness training is the most highly regarded way for improving cybersecurity. A stock image representing hands-on industry professionalsAs a CEO, you might get a lot of recognition and accolades when your company is succeeding. However, when things go wrong — say, you find yourself the target of a cyber attack and a subsequent data breach — it means you also take a lot of heat. Often times, the burden of bearing the responsibility of your organization’s missteps and its weak security defenses falls squarely on your shoulders. This is why we’ve decided to ask industry leaders what they would like for their CEOs to understand regarding their organization’s cyber defenses.