Your monthly update of ICT continuity news and information

FEATURE ARTICLES

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ClearView

Lessons from a ransomware attack
In the wake of a reported ransomware attack on global manufacturing firm Aebi Schmidt, Peter Groucutt outlines the steps companies should take to prepare for such incidents. A clear cyber incident response plan and maintaining frequent communication are critical.
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• UK / World

IT resilience is central to a successful digital transformation
Steve Blow explains that while businesses must remain consistently focussed on digital transformation in order to not fall to the back of the pack, digital transformation efforts could be futile if businesses don’t address and improve their IT resilience.
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• World

Digital transformation: why business continuity and data security are key
Don Boxley looks at some important questions that need to be asked to ensure that business continuity and data security are considered during digital transformation projects.
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• World

Daisy

Overcoming barriers to becoming a security-first organization
Taking a security-first approach involves prioritizing security in all areas of the business, including its people, processes and applications; and requires moving away from a simple ‘protecting the perimeter’ approach. Justin Calmus highlights four key areas that organizations need to consider when moving in this direction.
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• World

Don’t go once more unto the breach: fix these policy configuration mistakes
It may not be the most interesting aspect of protecting your business but optimizing policy configuration for firewalls and other security devices is an important consideration. Asher Benbenisty examines four common security policy errors, and shows how organizations can avoid them.
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• World

Backup – is your strategy evolving?
It goes without saying that backing up data is one of the most important things a business can do, especially considering how data is now essentially the lifeblood of an organization. With this in mind, five IT industry professionals give their advice as to how business continuity professionals can keep up with the ever-evolving world of backup...
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• World

NEWS ARTICLES

Assurance Software

'You Say Incident, I Say Event': exploring a challenging term
A new white paper written by the Disaster Recovery Institute’s Glossary Committee looks at the difficulty the committee has experienced in defining the term ‘incident’ and explains why agreeing a definition is important.
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• US / World

Mid-Market IT Priorities Report looks at technology risk trends
Node4 has published its Mid-Market IT Priorities Report, which surveyed 300 mid-market IT decision-makers, including IT managers, CIOs, IT directors and Heads of IT. It identifies how IT leaders in organizations from a range of industries are managing both their existing and new technologies.
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• UK / World

Cyber attacks ‘reach a new intensity’ while security fails to keep up
A sharp increase in the number and cost of cyber attacks is the key finding in a study of more than 5,400 organizations across seven countries, commissioned by insurer Hiscox.
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• Various

Capital Continuity

Researchers find that the impacts of successful cyber attacks can last for up to five years
Researchers at Warwick Business School have found that security breaches have a lasting impact on organizations, with breached companies typically paying lower dividends and invested less in research and development up to five years after the attack.
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• UK / World

Cyber hygiene is at an all-time low finds report
Keysight has published the third annual Security Report from Ixia, its cybersecurity and visibility business. The 2019 report analyzes the biggest security findings over the past year from Ixia’s Application and Threat Intelligence (ATI) Research Center.
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• World

Industrial control systems increasingly threatened by unaddressed vulnerabilities
According to Positive Technologies, the number of new vulnerabilities in Industrial Control Systems (ICSs) grew by 30 percent between 2017 and 2018. The US still has a lead in the number of Internet-accessible ICS components, with 95,661 IP addresses for ICS components found in 2018 compared to 64,287 in 2017.
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• World

Fortress

Proposed ISO standard on cyber insurance is ‘premature and inappropriate’ according to FERMA
The Federation of European Risk Management Associations (FERMA) has expressed concern about the ISO/IEC 27102 ‘Information Security Management Guidelines For Cyber Insurance’ standard, which is currently under development.
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• Europe / UK

New resource aims to help organizations with service continuity management
Carnegie Mellon University’s Software Engineering Institute (SEI) has published a new Technical Note to assist organizations that have conducted its Cyber Resilience Review to use the results to develop a service continuity management (SCM) plan.
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• US / World

The majority of organizations say that insider attacks are becoming more common
Bitglass has released ‘Threatbusters’, its 2019 Insider Threat Report. In partnership with a cyber security community, Bitglass surveyed IT professionals about insider threats, as well as what their organizations are doing to defend against them.
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• World

Risk Logic

UK Government publishes annual Cyber Security Breaches Survey
The Cyber Security Breaches Survey is a quantitative and qualitative survey of UK businesses and charities which is published each year by the Government, providing a useful record of how cyber attacks have developed.
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• UK

FDIC tells financial institutions that their technology contracts are lacking when it comes to business continuity
The US Federal Deposit Insurance Corporation (FDIC) has written to financial institutions to highlight deficiencies that have been discovered in some technology contracts when it comes to business continuity.
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• US

Certificate-related outages frequently impact critical business applications and services
Venafi has released the results of a study of the scale and frequency of certificate-related outages on critical business infrastructure. Over 550 chief information officers from the US, UK, France, Germany and Australia participated in the study.
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• Various

eBRP

New global study shows deep concern about third-party cyber risk
BitSight and the Center for Financial Professionals (CeFPro) have released the results of a joint study shedding light on how financial institutions are addressing challenges associated with third-party cyber risk.
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• US/ World

BSI urges businesses to move towards ‘information resilience’
In today’s quickly evolving cyber landscape, organizations must achieve a state of information resilience in order to safeguard not only their data but also their people, their finances and their reputation. That was the overriding message at the inaugural BSI International Cyber Resilience Exchange which took place recently at The Convention Centre, Dublin.
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• Europe / World

Too much security data holding information security back: many see machine learning as the answer
CyberEdge Group has published its sixth annual Cyberthreat Defense Report (CDR). The report found that IT security’s greatest inhibitor to success is contending with too much security data.
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• World

IoT threats and attacks are increasing, but rely on well-known security weaknesses
A new report from F-Secure finds that Internet of Things related threats and the number of attacks continue to increase, but still rely on well-known security weaknesses, such as unpatched software and weak passwords.
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• World

Global research reveals that backup and recovery strategies are shifting with evolving threats
Barracuda has released key findings from a global research study entitled ‘Closing Backup and Recovery Gaps’. Barracuda surveyed more than 1,000 IT professionals, business executives, and backup administrators worldwide to find out more about their data protection strategies.
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• World

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