Survey: Execs aren't prepared to deal with major cybersecurity attack | UL to test connected devices for cybersecurity holes | Report: Cyberrisks increasing for contractors
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April 7, 2016
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[Survey: Execs aren't prepared to deal with major cybersecurity attack]
Most corporate executives -- more than 90% -- aren't knowledgeable about cybersecurity and aren't ready to tackle a major cybersecurity attack, per a survey Tanium commissioned in conjunction with Nasdaq. The survey found that 40% of execs don't feel responsible for the fallout from cyberattacks. [CNBC] (4/1)
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Data Security & Privacy
[UL to test connected devices for cybersecurity holes]
UL has initiated a Cybersecurity Assurance Program to test and certify Internet of Things products for buyers and vendors. The program will address potential cybersecurity holes within IoT devices used in critical infrastructure, such as energy, health care and utilities. [Computerworld] (4/5)
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Cyber Risk
[Report: Cyberrisks increasing for contractors]
A Chubb report indicates that contractors will continue to face increased cyberrisks, including the threat of lost proprietary and confidential data. "Historically, contractors' risk has primarily been limited to standard commercial general liability, auto liability, workers compensation and builders' risk," said Chubb Construction and Environmental Assistant Vice President Diana Eichfeld. "Today, the risks are becoming more pervasive as contractors take on more aspects of project design." [Insurance Business America online] (4/4)
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By the Numbers
[Survey shows increase in breach issues related to third-party vendors]
Seventy-three percent of US health care organizations reported a rise in cybersecurity incidents related to third-party vendors, with 49% saying a data breach occurred because of an outside vendor, a Ponemon Institute survey has found. The survey has also found that 37% believed their third-party vendors would not tell them of a data breach, while 41% were sure that their vendors had data breach response plans. [BeckersHospitalReview.com] (4/4)
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- [Report presents steps to reduce effects of data breaches]
BeckersHospitalReview.com (4/1)
Practice & Policy
[Tighten your cybersecurity for tax season]
Tax season is a particularly vulnerable time for business data, as they're shared with tax professionals online. David Wagner, CEO of email encryption company ZixCorp, offers timely pointers on basic cybersecurity, beginning with encryption of sensitive documents and the simple step of ensuring that the person you send them to is the intended party. [BusinessNewsDaily.com] (4/4)
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[How to guard against costly ransomware attacks]
Ransomware, a cyberattack in which hackers lock down data until they are paid a ransom, cost victims $24.1 million last year. To guard against ransomware attacks, individuals and companies should secure backups of data, educate others in the workplace, use antivirus software, keep systems updated and act on the first sign of intrusion. [The Associated Press] (4/5)
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- [How much should you spend on security?]
First Round Review (3/29)
AllClear ID News
Is your team ready for a data breach?
As data breaches increase in scale and frequency, businesses must prepare today to ensure an effective, customer-focused response. Consumers, regulators and the media want a well-orchestrated response launched just days after a data breach, and preparation in advance is critical to success. [Download this Incident Response Workbook] and learn:
- Key considerations for data breach preparation and customer notification
- Best practices for the customer-facing aspects of data breach response
- Recommendations for planning and executing a well-orchestrated response
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4 steps to respond more effectively after a data breach
The most thorough preparation pre-breach won't matter if your response team is derailed by emotions like denial, tunnel-vision and anger. [Download this whitepaper], Factoring the Human Element Into Your Data Breach Response, to learn which emotions are most likely to derail your team and steps you can take now to be ready to address them during a crisis.
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SmartQuote
Should-haves solve nothing. It's the next thing to happen that needs thinking about."
-- Alexandra Ripley, writer
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Editor: [Amanda Gutshall]
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