article thumbnail

The Industrial Revolution v4.1: with increased opportunity comes increased vulnerability

SRM

also brings an increased level of vulnerability. Disaster Recovery : taking a strategic approach to managing staff in the event of a successful attack, minimising damage to brand reputation and safeguarding the interests of key stakeholders; 3. Yet the Industrial Revolution v4.1 Penetration testing: man vs machine.

article thumbnail

How to Offload Your Risk to a Third Party

MHA Consulting

There are four main strategies for mitigating risk : ยท Risk acceptance: Making a conscious decision to remain vulnerable to a potential harm, usually based on a cost-benefit analysis. The Promise and Pitfalls of Insurance Insurance is the most frequently used and easiest method of risk transference.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cybersecurity in healthcare: How MSPs help safeguard patient data

Online Computers

Patient data, containing sensitive information ranging from medical histories to insurance details, has become a lucrative target for cybercriminals. Every piece of data, from medical records and treatment plans to billing and insurance details, contributes to a comprehensive understanding of the patient's health history.

article thumbnail

Four Storage and Backup Security Predictions for 2023

Solutions Review

Many of these attacks took advantage of known vulnerabilities and security misconfigurations in storage and backup systems. As more backups are infected with ransomware and more storage and backup vulnerabilities are used to infiltrate other enterprise systems, the word is getting out โ€“ slowly. Insurance Refusals and Rate Hikes.

Backup 52
article thumbnail

Ransomware is on the rise, and no industry is safe

OffsiteDataSync

According to Nuspireโ€™s Josh Smith โ€œReally no industry is safe…โ€, because the hackers will attack anyone they deem vulnerable. But, a number of industries have been hit this year including agriculture , manufacturing , entertainment , insurance , and more. For pricing, click here.

article thumbnail

Helping Healthcare Organizations Stay Agile and Protect Data

Pure Storage

The multinational health insurance and services company has been knee-deep in this nightmare since its technology unit, Change Healthcare, was targeted by the BlackCat/ALPHV ransomware affiliate in late February. UnitedHealth Group does not need to imagine this scenario.

article thumbnail

Understanding Ransomware

Business Resilience Decoded

. โ€ข Small businesses are strongly advised to set up offsite data backups, implement audit logging, purchase cyber insurance, and devise an incident response plan. Cybercriminals are proficient at finding vulnerable companies, even ones with few employees and a low profile. LinkedIn: [link] โ€ข Disaster Recovery Journal: [link]