Cyber Defense eMagazine December Edition for 2021
Will you stay one step ahead of Cyber Scrooge this year? Learn new ways to protect your family, job, company & data. December Cyber Defense eMagazine: Cyber Deception Month is here...Defeat Cyber Scrooge! Cyber Defense Magazine December Edition for 2021 in online format #CDM #CYBERDEFENSEMAG @CyberDefenseMag by @Miliefsky a world-renowned cyber security expert and the Publisher of Cyber Defense Magazine as part of the Cyber Defense Media Group as well as Yan Ross, US Editor-in-Chief, Pieruligi Paganini, International Editor-in-Chief and many more writers, partners and supporters who make this an awesome publication! Thank you all and to our readers! OSINT ROCKS! #CDM #CDMG #OSINT #CYBERSECURITY #INFOSEC #BEST #PRACTICES #TIPS #TECHNIQUES See you at RSA Conference 2022 - Our 10th Year Anniversary - Our 10th Year @RSAC #RSACONFERENCE #USA - Thank you so much!!! - Team CDMG CDMG is a Carbon Negative and Inclusive Media Group.
Will you stay one step ahead of Cyber Scrooge this year? Learn new ways to protect your family, job, company & data. December Cyber Defense eMagazine: Cyber Deception Month is here...Defeat Cyber Scrooge!
Cyber Defense Magazine December Edition for 2021 in online format #CDM #CYBERDEFENSEMAG @CyberDefenseMag by @Miliefsky a world-renowned cyber security expert and the Publisher of Cyber Defense Magazine as part of the Cyber Defense Media Group as well as Yan Ross, US Editor-in-Chief, Pieruligi Paganini, International Editor-in-Chief and many more writers, partners and supporters who make this an awesome publication! Thank you all and to our readers! OSINT ROCKS! #CDM #CDMG #OSINT #CYBERSECURITY #INFOSEC #BEST #PRACTICES #TIPS #TECHNIQUES
See you at RSA Conference 2022 - Our 10th Year Anniversary - Our 10th Year @RSAC #RSACONFERENCE #USA - Thank you so much!!! - Team CDMG
CDMG is a Carbon Negative and Inclusive Media Group.
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Survey results show businesses are becoming increasingly aware and diligent in their security practices,<br />
especially as the pandemic reshapes work environments, including increased cloud adoption and<br />
companies welcoming hybrid work scenarios. However, the threat of a cyberattack still looms.<br />
Business disruption is the most prevalent concern<br />
Nearly two-thirds (62%) of FLEETCOR survey respondents report concerns their business is at risk of<br />
becoming cyberattack prey, while 83% strongly agree cybersecurity breaches are damaging to business.<br />
Not surprisingly, when asked to select the most concerning cyberattack consequence, 65% of<br />
respondents chose loss of profitability and/or disruption to operations. And it’s no wonder since, in 2020,<br />
the average cost of a data breach was $3.86 million, according to the Cost of a Data Breach Report by<br />
Ponemon Institute.<br />
Little spent on cybersecurity protection<br />
Despite the high level of apprehension <strong>for</strong> being at risk of a cyberattack, few businesses surveyed by<br />
FLEETCOR put their money where their concern is. Fifty-seven percent of respondents said they allocate<br />
5% or less of their annual IT budget to cybersecurity protection, while 25% allot 6%-10% of their IT<br />
budgets to this cause. Although they’d like to spend more on cybersecurity protection, lack of capital<br />
resources is the primary reason businesses don’t.<br />
Digital payments here to stay<br />
As many businesses at the onset of the pandemic temporarily closed physical locations, digital payments<br />
soared, and this shows no signs of slowing. More than half of American business owners (53%) surveyed<br />
said the global crisis increased their adoption with apps being the most executed method. It’s no wonder<br />
since they’re easy to use, safe and can be used around the clock.<br />
And while secure digital practices should be table stakes <strong>for</strong> companies conducting business with other<br />
companies, most respondents – four out of 10 – don’t know about their vendors’ cybersecurity policies<br />
and practices. More than 20% rely on word of mouth and said they had no knowledge regarding this<br />
matter at all.<br />
This practice of not knowing is risky. When vendors lack strong security controls, your company is<br />
exposed to a myriad of risks – financial operational, regulatory and reputational, to name a few.<br />
Don’t risk it<br />
Going into the new year, evaluate your company and vendor security practices and identify areas you<br />
might be falling short. Consult with your fellow business leaders and put a plan in place to mitigate risk.<br />
The last two years have proven life is unpredictable, but the more you understand your business risk<br />
realities, the better equipped you will be to handle security challenges.<br />
<strong>Cyber</strong> <strong>Defense</strong> <strong>eMagazine</strong> – <strong>December</strong> <strong>2021</strong> <strong>Edition</strong> 137<br />
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