More Internet of Things (IoT) means more security risk, says RedSeal Chief Technology Officer Mike Lloyd – but by gaining a better understanding of how your network works and where key vulnerabilities lie, you’ll be able to implement effective segmentation to reap all the benefits of IoT without succumbing to data loss or damaging outages.
https://www.redseal.net/wp-content/uploads/2016/08/RedSeal-logo.png00Keith Dohttps://www.redseal.net/wp-content/uploads/2016/08/RedSeal-logo.pngKeith Do2017-10-03 07:59:012017-10-11 08:09:39Fishing for Trouble in a Smart Fish Tank
We’re going through a shift in thinking in cybersecurity. In the old days, we thought one solid line of defense was enough — keep the bad guys out and life would be good. Then we found out that bad guys are wily and would find different ways in. The result was security sprawl: so many technologies, so many ways to defend, but no way to do it all, no way to hire enough experts in all these different techniques.
https://www.redseal.net/wp-content/uploads/2016/08/RedSeal-logo.png00Keith Dohttps://www.redseal.net/wp-content/uploads/2016/08/RedSeal-logo.pngKeith Do2017-09-21 09:37:092017-09-21 09:37:09Perfect Cybersecurity Makes No Business Sense
Cybersecurity experts applauded the introduction of a new Senate bill in July that would mandate minimum security standards for the growing number of internet-connected devices and sensors used by the federal government.
https://www.redseal.net/wp-content/uploads/2016/08/RedSeal-logo.png00Keith Dohttps://www.redseal.net/wp-content/uploads/2016/08/RedSeal-logo.pngKeith Do2017-09-18 00:28:502017-09-19 00:31:29Bipartisan Bill Jump-Starts Badly Needed Security for Internet of Things
Strategic News Service | Global Report on Technology and the Economy | September 4, 2017
RedSeal CEO Ray Rothrock contributed a Special Letter to the Strategic News Service Global Report on Technology and the Economy. In it, Ray starts with history of cyber security, from the early days of the World Wide Web in the early 1990s where cyber was a technical issue managed by engineers and similarly skilled people. Things have changed drastically, and today cybersecurity is everyone’s problem, and everyone must be involved. As a result, it takes a strategy of policy, technology, personnel, and investment to do it correctly.
https://www.redseal.net/wp-content/uploads/2016/08/RedSeal-logo.png00Keith Dohttps://www.redseal.net/wp-content/uploads/2016/08/RedSeal-logo.pngKeith Do2017-09-11 05:56:082017-09-13 23:42:05Cyber Security is Everyone's Business
Smart cities will either be flexible or secure – they are not at all likely to be both. Why? Cities are sprawling, complex affairs – they change and grow without central control. Indeed, attempts to build centrally planned cities have generally been disastrous. Historically, cities only work when many individuals can all optimise independently for their own goals and objectives, without central control.
https://www.redseal.net/wp-content/uploads/2017/09/iStock-588957634.jpg476735Keith Dohttps://www.redseal.net/wp-content/uploads/2016/08/RedSeal-logo.pngKeith Do2017-09-01 13:42:312017-09-02 13:53:56How Smart City Initiatives Can Be Securely and Effectively Managed
The deluge of cyber-attack stories in the news is becoming commonplace. Recorded cyber crime cost the UK economy £10.9bn in 2015/16; and unreported crime could cost magnitudes more. For small businesses alone, the average cost per attack is around £3,000.
Fortunately, the level of attention criminals are paying to cyber crime is more than matched by those fighting against them. But for SMEs with limited budgets, securing themselves can be a tricky job.
https://www.redseal.net/wp-content/uploads/2016/08/RedSeal-logo.png00Keith Dohttps://www.redseal.net/wp-content/uploads/2016/08/RedSeal-logo.pngKeith Do2017-08-23 13:58:122017-08-24 14:25:29How Small Businesses Should Invest in Cyber Security
Security spending and staffing are rising, but restrained resources are tempering market growth.
The IT security market is often painted as a non-stop growth curve with no end in sight. But many analysts who have studied market trends say despite recent increases in spending and hiring, the market paradoxically is being slowed by a shortage of resources.
In some cases, upper management is putting a cap on spending and hiring. In the recently published 2017 Black Hat Attendee Survey, most security professionals say they are increasing hiring and spending. Yet, some 71% of security professionals do not feel they have enough people to handle the threats they will face in the coming year. Fifty-eight percent say they don’t have enough budget.
It’s clear that corporations want to buy insurance to reduce their exposure to losses from cyber-attacks, and insurers have responded to the need. However, most buyers are dissatisfied – the coverage amounts are low, and the covered events are too narrow. From the insurer’s point of view, it had to be this way, due to historic challenges with visibility into cyber risk and liability.
When everyone wants the same kind of policy, the insurer has to think about the systemic risk, and if that systemic risk is poorly understood, each individual policy has to stay small. Think of everyone in a Medieval town wanting to buy fire insurance at the same time – individually, they all want the same thing, but the insurer can’t take on the combined risk without understanding whether the houses are all in the same town, or made of the same flammable material.
https://www.redseal.net/wp-content/uploads/2017/08/Counting-the-Cost-of-Mega-Cyber-Risk-460550113.jpg498702Keith Dohttps://www.redseal.net/wp-content/uploads/2016/08/RedSeal-logo.pngKeith Do2017-08-10 09:41:342017-08-16 22:09:16Counting the Cost of Mega Cyber Risk
Payment risks and email scams are too complex to pass off to an insurance provider. They call for C-level involvement in making sure the entire trading partner network is secure.
Some CFOs and corporate treasury managers lack a sense of urgency about the need for cybercrime prevention and about the financial hits that could come from cybercrime attacks. Scanning conference rosters, I see an emphasis on cyberinsurance, which ostensibly transfers the risk of loss to someone else, all for the price of a policy. But an effective cybercrime prevention strategy requires much more than that. It requires CFOs to be proactive about making their networks secure.
https://www.redseal.net/wp-content/uploads/2017/07/softwarequality_article_015.jpg4001200Keith Dohttps://www.redseal.net/wp-content/uploads/2016/08/RedSeal-logo.pngKeith Do2017-07-31 10:09:232017-08-01 10:13:51Time For CFOs to Get Serious About Cybercrime Prevention
https://www.redseal.net/wp-content/uploads/2017/07/Cyber-Insurance-1.jpg8881252Keith Dohttps://www.redseal.net/wp-content/uploads/2016/08/RedSeal-logo.pngKeith Do2017-07-13 05:51:312017-07-14 05:57:02SC Media asks the industry: Is cyber attack insurance worth it?