Cloud

Resilience in Focus: How Boards Are Preparing for CPS 230

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Resilience in Focus: How Boards Are Preparing for CPS 230

According to an industry expert, resilience has become a board-level concern for Australia’s financial services industry ahead of new CPS 230 Operational Risk Management regulations from the Australian Prudential Regulatory Authority, the industry’s regulatory body. Australian banks, insurers, and superannuation funds will be required to meet the APRA’s new consolidated CPS 230 standard for operational risk management. Those classified as “significant” financial institutions have until July 2025 to comply, while non-significant financial institutions have been…

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Is Cloud Fax Secure? Yes. Compliant? It Depends.

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Is Cloud Fax Secure? Yes. Compliant? It Depends.

Cloud fax makes it easy to send and receive faxes over the internet with the same level of security and privacy as traditional fax machines. Widely used in the financial, legal, and medical sectors, it seems compliant with strict privacy and security standards, right? While cloud fax can be compliant, it depends on the specific regulations you have to meet, how it’s implemented, and the provider you choose. 1 Connecteam Connecteam’s internal communication solution gives…

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Ensuring security and compliance in evolving cloud environments

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Ensuring security and compliance in evolving cloud environments

With the rapid pace of cloud adoption, organizations are quickly revolutionizing business operations but are having a harder time ensuring that systems are built and operated effectively and deployed with the proper cyber hygiene. Business growth experts say to move fast and break things but failing to implement appropriate cybersecurity controls simply doesn’t work because both the regulatory and threat landscape are evolving more rapidly than ever.  Even before organizations embarked on huge digital transformation…

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4 steps organizations can take to get started with AI-powered SecOps

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4 steps organizations can take to get started with AI-powered SecOps

Cybersecurity is under siege. While 74% of security leaders recognize the growing threat of AI-powered cyberattacks, only 40% feel confident in their ability to defend against them. The latest AI tools are making highly personalized phishing attacks and the ability to change the signatures and hashes associated with malware files easier than before. Not to mention, methods to identify exactly when and where AI is being applied are scarce. This leaves CISOs racing against the…

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CrowdStrike Outage Disrupts Microsoft Systems Worldwide | TechRepublic

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CrowdStrike Outage Disrupts Microsoft Systems Worldwide | TechRepublic

A major disruption to Windows PCs in the U.S., U.K., Australia, South Africa and other countries was caused by an error in a CrowdStrike update, the cloud security company announced on Friday. Emergency services, airports and law enforcement reported downtime, which is ongoing. “This is not a security incident or cyberattack,” CrowdStrike said in a statement. Blue Screen of Death widespread due to CrowdStrike outage Affected organizations saw the infamous Blue Screen of Death, the…

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Cyber Insurance Premiums Are Declining, Howden Insurance Brokers Report Finds

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Cyber Insurance Premiums Are Declining, Howden Insurance Brokers Report Finds

Improved cyber hygiene among businesses has led to a reduction in cyber insurance premiums by 15% worldwide over the last two years, a new report from Howden Insurance Brokers has found. This is despite the fact that cyberthreats, particularly ransomware attacks, are becoming more prevalent. Awareness of cyber hygiene practices, like multifactor authentication, EDR and cloud backups, has grown significantly since 2022. Ransomware attacks have increased by 18% this year, according to Howden and NCC…

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Closing the cloud skills gap as adoption grows

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Closing the cloud skills gap as adoption grows

Global spending on public clouds has increased by 20.4% in the last year alone. Despite this rapid adoption rate and spike in spending, one out of every four IT and security specialists have struggled to keep up with the expertise and training required to adequately implement cloud security. As cloud use continues to grow, training and scaling teams to protect a modern cloud environment will pay off exponentially in the form of better data security…

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83% of organizations faced at least one account takeover the past year

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83% of organizations faced at least one account takeover the past year

A survey from Abnormal Security reveals that account takeovers are a prominent threat. By surveying 300 security professionals across a range of industries and organization sizes, the report found that 83% of organizations claimed to have experienced at least one account takeover in the last year. Furthermore, 45.5% of organizations experienced more than five account takeover incidents in the past year, and nearly one in five experienced more than 10. The survey determined that 77%…

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Top 5 Cloud Trends U.K. Businesses Should Watch in 2024

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Top 5 Cloud Trends U.K. Businesses Should Watch in 2024

As business data demands increase, cloud providers and their customers find themselves having to consider the implications of increasing storage costs, security risks and environmental footprint. Such impacts are of particular importance to U.K. organisations, as it is the largest cloud market in Europe. TechRepublic spoke to U.K. cloud experts to identify the top five industry trends emerging from the country’s burgeoning reliance on the fundamental IT infrastructure. These cloud trends are: Premiumisation of cloud packages….

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Security leaders are facing a new wave of identity risks

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Security leaders are facing a new wave of identity risks

A study has found that increased technological and organizational complexity is contributing to new identity risks that security leaders must manage. The study, done by ConductorOne, surveyed more than 500 IT security leaders in the United States and found that increased complexity is driving new identity risks.  On the subject of technology complexity, the report found that hybrid IT environments are common. 76% of respondents reported that their company has a hybrid IT environment. 18%…

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