From Forbes:
The National Cyber Security Alliance found that 60 percent of companies are unable to keep their businesses open six months after a cyber-attack. It should be obvious by now that security threats should always be a high business priority, and in most cases, cybersecurity should the highest order of business. Faulty prioritization is one of the reasons why we often see cybersecurity technologies failing organizations. While every organization is different and has different needs, in an ever-evolving threat landscape where attacks can come from anywhere at any time, cybersecurity programs must always lead the way and be built for modern and novel attacks. If your cybersecurity program is not leading then it is probably bleeding, and will unravel when a nefarious event happens.
Cybersecurity is not for the faint of heart. Foremost, good cybersecurity requires tremendous organizational will, but it also requires disciplined efforts, heightened knowledge, an investment in resources, proper planning, a budget commitment, a structuring of operations, a mission statement, and a vision. If the organization does not have what it takes, then it needs to find a partner that has mastered this.
There is an unsettling feeling that comes from the news of a major breach, especially when the affected brands are technologically focused. Last summer, we spoke of an incoming IoT winter when the news of a breach at Peloton hit the press. Stories of cyber hacks in emerging IoT markets stacked up from there. We are only at the beginning of this winter and the reason for that is that cybersecurity continues to be a business afterthought for high-flying tech companies.
Nascent IoT companies are not alone. Last year, T-Mobile, one of the most popular mobile phone service providers in the US, was the victim of a major data leak. Significant data was lost to the tune north of 7.8 million existing customers and 40 million records from prospective and previous customers.
Continue reading Security Lessons From The T-Mobile Hack on Forbes
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