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The Consequences of a Data Breach: Why Fines are Just the Tip of the Iceberg

When it comes to the true ramifications of a data breach, suffering a financial penalty imposed by the ICO is just the tip of the iceberg. Although significant, fines are only one aspect financial organizations have to deal with as part of the aftermath. We saw the media frenzy that surrounded the Capital One data breach, and most of us heard when First American exposed 885 million sensitive...
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One Big Threat Protection Problem, One Simple Email Security Solution

There’s no question, Microsoft 365 is a production powerhouse used by millions worldwide. It offers a multitude of robust products that allow easy collaboration and efficiency, and many organizations believe the email security features are adequately protecting them. The harsh truth is that it’s probably not protecting them as much as they think. The proverbial saying goes: “Don’t put all of your...
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Why Cybersecurity Matters: Elevating IT to the C-Suite in Your Organization

There isn’t a CEO or board member in the world that would publicly state that their organization believes cybersecurity doesn’t matter. A Cybersecurity Ventures report has forecast that cybercrime will cost businesses worldwide an astonishing $10.5 trillion annually by 2025, so it’s an evident and sizable area of concern. Any CEO not taking this seriously would be roundly criticized by customers...
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Top Tell-Tale Signs & 3 Things You Can Do to Stop Spoofed Email

Something caught my eye recently. It was an email in PMM (Personal Message Manager – a component of the Clearswift Secure Email Gateway) where you can look at what email has not been delivered to your Inbox, as the product has recognized it as being spam or (potentially) newsletters. There was one particular email that caught my eye as it appeared to have come from ‘[email protected]’. In...
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Debunking Cybersecurity Jargon: Part Four – What is Optical Character Recognition?

As part of our on-going blog series explaining some of the many acronyms and pieces of jargon that bedevil the cybersecurity industry, we turn our attention to optical character recognition technology or OCR as it is commonly known. Clearswift added OCR functionality to all of its core email and web security products to help organizations combat the risk posed by the millions of image files that...
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Internal Breaches: The threat that’s too close to home

There were 108.9 million accounts were breached in the third quarter of 2022. This is a 70% increase compared to the second quarter. However, despite a common belief that attacks mostly involve cyber espionage or are state-sponsored, our research found that 42% of security incidents actually come from inside the organization. Since the introduction of data protection laws, such as GDPR, it is...
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How to Neutralize the Rising Threat of Ransomware

In IBM's "Cost of a Data Breach 2022" report, the average payout for ransom was $812,360. The steady payout incline suggests that ransomware remains big business for cyber criminals, particularly as successful execution means easy money without the need for malicious actors to worry about exfiltration of the data they have stolen. On top of this, the tools for a ransomware attack are becoming...
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Is your enterprise ready for the latest LockBit ransomware?

Ransomware is a pervasive and persistent threat. It comes in many different forms and guises and constantly evolves, making it very difficult for organizations to protect themselves. A current example of this can be found with the emergence of LockBit 3.0. LockBit 3.0 is the latest version of LockBit ransomware and has a range of new features, including Zcash payments and a bounty program. It's a...
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Ryuk, REvil, and Clop – How to Prevent Ransomware in Your Organization

Cybersecurity trends ebb and flow according to a range of factors. Yet there has been one consistent (and persistent) threat over the past few years – ransomware, the practice of demanding payment to return stolen data. Ryuk, REvil, NHS, Clop, Cezar, Pubg, Webroot, and Cryptolocker are just some examples of ransomware that have been prevalent – there are others, and there undoubtedly will be more...
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Why Supply Chains Are Today’s Fastest Growing Cybersecurity Threat

Business ecosystems have expanded over the years owing to the many benefits of diverse, interconnected supply chains, prompting organizations to pursue close, collaborative relationships with their suppliers. However, this has led to increased cyber threats when organizations expose their networks to their supply chain and it only takes one supplier to have cybersecurity vulnerabilities to bring a...
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Are Cybersecurity and Data Protection Now Integral to Business Success?

A famous front cover of The Economist in 2017 declared that the 'world’s most valuable resource is no longer oil, but data.' The value of data has indeed increased significantly. Organizations rely on data and data analytics for almost every facet of their operations and use it to make insightful decisions to help move the business forward. Many have invested in the tools and solutions - AI, CRM...
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How Data Classification Helps Organizations Maintain a Strong Data Security Posture

The rise of globally dispersed workforces and new work from home requirements are placing extraordinary pressure on every organization’s cybersecurity. And wherever there is upheaval, so cyber criminals thrive. Alongside the devastating health and economic impacts of the coronavirus pandemic, we have also seen an escalation in cyber-attacks. A recent CISO/CIO survey, looking at cybersecurity...
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Five Ways to Secure Data Within the Defense Supply Chain

Unsurprisingly the defense industry requires the most secure information sharing environment in the world, but what implications does this have for ensuring the effective mitigation of cyber risks? There is something of a paradox between the need for complete information governance in the defense sector and the rise of IoT, BYOD, cloud computing and the democratization of data in today’s blurred...
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Prevent Supply Chain Cybersecurity Attacks with Safer Data Sharing

When considering cybersecurity policies and risk management, protection from phishing, ransomware, and other Advanced Persistent Threats (APTs) are usually top of mind. Data loss protection usually makes the list as well. However, one area of risk that can be overlooked is supply chain cybersecurity attacks. Trusted partners are vital to organizations but the cyber risks they pose can be just as...
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The Greek philosopher Plato wrote that “the beginning is the most important part of the work.” The great American statesman, scientist, and philosopher Benjamin Franklin similarly emphasized the importance of planning when he stated that “by failing to prepare, you are preparing to fail.” It is unfortunate that many cybercriminals heed their advice today. The number of threats continues to...
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Defending Against DoppelPaymer – The Latest Ransomware Incident

It’s been said that the first ransomware attack took place as far back as 1989. Delegates who’d attended the World Health Organization AIDS conference in Stockholm were sent floppy discs containing malicious code that installed itself onto MS-DOS systems. After each machine was booted up for the 90th time, the trojan hid all the directories and encrypted the names of all the files on the drive...
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Cybersecurity Risks in the Supply Chain Are Leaving Organizations Vulnerable

When it comes to cybersecurity, any organization is only as strong as its weakest link. It may have invested in the best email security solutions, information security, web security solutions, and Advanced Threat Protection (ATP) on the market. It may also have trained its employees to recognize and react to cyber-attacks and put in place the processes to deal with social engineering lures. But if...
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The Not-So-Hidden Dangers of Hidden Data

Odds are, files and documents in your organization are not sitting in a folder on a desk or in a filing cabinet in the office. On the contrary, they are sitting on the cloud or computer desktop, and they are being transferred over email. The convenience of sending documents quickly with a few clicks has transformed the speed of business. But, like all things digital, convenience comes with risks...
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Gone Phishing: What’s the Best Way to Educate Staff on Security?

How do you work out the weakest link in your team? Who is that employee most likely to fall prey to the socially engineered scams that are making billions of pounds for cyber criminals on the black market? Pertinent questions in the aftermath of the recent Kaspersky Lab report that revealed more than 100 banks, financial institutions and e-payment systems in over 30 countries had been targeted by...