We recently learned that cyber threat actors, with the
intention of financial gain, have started to convert their business model to a
subscription service. This service offers subscribers protection to be excluded
from being ransom in the future. Welcome to the new digital era of extortion by
actors who operate like mafia, extorting money to safeguard your business from
other threat actors. Here is a tip from us to prevent you from being in this
situation:
1. Work closely with service providers that offer
holistic cyber protection solution packages, which include comprehensive
security measures such as asset inventory, endpoint protection, and regular
patch updates.
2. Invest in ongoing cyber awareness education to help
employees recognize and thwart social engineering attempts.
3. Develop a robust data protection strategy.
4. Establish an incident response plan.
5. Finally, focus on governance.
With the rise of
AI-driven cyber attacks, no business is too small for a cyber attack. You need
to ask yourself whether your business is able to avoid bankruptcy when a cyber
incident occurs. Speak to us to find out how we can help you mitigate business operation
risk, reputation risk, and compliance risk of cyber threats