The financial industry has long been a target for cybercriminals. However, the situation is becoming even more critical, with hedge fund firms facing increasing cybersecurity breaches and having to deal with the expensive fallout. For example, a 2019 Accenture report revealed that the financial sector bore the highest average cost of cybercrime incidents, amounting to […]
The Benefits Of Network Security Assessments
Businesses are often blindsided when hit with a cyberattack or breach. If unprepared for such an attack, they may not know what networks were breached or what assets were compromised. Many organizations do not realize the immense impact of a security breach until they experience one firsthand. Fortunately, businesses can minimize their risk of suffering […]
Types Of Network Security Assessments
There has been a steady rise in online hacking and cyberattacks in recent years. The repercussions of an online attack or breach can be substantial, especially for small businesses. According to the U.S. National Cyber Security Alliance, about 60 percent of U.S. small businesses that suffer a cyberattack go out of business without six months. […]
The Largest Network Security Risks For Small Businesses
Cybersecurity risks remain extremely real and prevalent, and nearly every type of organization in any industry can fall prey to these threats. Even the smallest of businesses can be targeted, so it’s always essential to implement effective strategies to protect yourself against these threats, including network security risks and data breaches. Notable IT Security Risks […]
What Is A Network Security Assessment?
Let’s be honest: the unfortunate reality is that data breaches and other types of cyberattacks are extremely prevalent. Fortunately, there is one process that is highly effective in combating these threats: a network security assessment. Oftentimes, companies do not respond to cyberattacks in a timely manner and this can create issues. According to Ernst & […]