Cybersecurity may seem like the buzzword everyone is using these days, but if you’re not making it a priority, you’re putting your business at risk.
And when it comes to cyber security threats, protection starts with risk management. What are the critical assets of your business, what could happen if you lost them, and what are the chances that you can lose them?
Voice Products can help you answer those questions.
We can help you identify the risks to your systems and develop safeguards to protect them. We can also help you develop and implement procedures to quickly detect a cybersecurity incident and take action. And finally, we can help you develop a process to recover and restore any affected systems while also making your company more resilient.
A cybersecurity breach is not only a stressful event but it can also take a chunk out of your company’s budget.
The cost of a data breach continues to increase. According to the Ponemon Institute’s annual research (sponsored, analyzed, and published by IBM Security), the global average total cost jumped almost 10% from 2020 to 2021, from $3.86 million to $4.24 million.
The cost is calculated by collecting information about both direct and indirect expenses, as well as opportunity costs.
A cybersecurity strategy is essential for public safety agencies to avoid interruptions in services and ensure proper response to emergencies.
Cyberattacks have already hit local governments, 911 call centers, and police departments, often disrupting day-to-day operations.
A ransomware attack, for example, can shut down critical systems by encrypting files and applications until the agency pays the demanded ransom.
When attackers hit Baltimore with ransomware a few years ago they disabled the city’s 911 servers, including their computer-aided dispatch system (CAD). The result was similar to that in other attacked cities and counties – it forced dispatchers to do manual logging and reporting on paper.
Some experts say it’s only a matter of time before your agency or organization is hit. Will you be prepared?
Here are some of the steps you can take now:
You also have to have a plan and make sure your employees are able to recognize an attack and know what to do.
Security breaches across the healthcare industry have had the highest cost for 11 years in a row, according to research done by the Ponemon Institute and sponsored by IBM Security.
Hackers consider healthcare organizations good targets because of the large amount of data available, from Protected Health Information (PHI) to other sensitive records. They’re also taking advantage of the stress COVID-19 has put on healthcare organizations. While cybersecurity teams were stretched thin with less staff and more responsibilities, hospitals and clinics added telemedicine and other technology systems that pose more security challenges.
Research on cybersecurity attacks in healthcare has found some common characteristics:
But the danger for healthcare providers goes beyond losing money. By disabling critical systems, a cyberattack could put lives at risk.
After a baby born with a severe brain injury in an Alabama hospital later died, the baby’s mother filed a lawsuit claiming the hospital was to blame because it was dealing with a ransomware attack. As the Wall Street Journal first reported, the 2021 lawsuit claims the hospital didn't tell the mother that computers were down when she arrived to deliver the baby. She says because of that she didn’t receive proper care, such as tests that would have shown the umbilical cord was wrapped around the baby’s neck.
Don’t leave cybersecurity up to chance.
Voice Products can help you build a process that identifies your critical systems, monitors for suspicious activity, and keeps you resilient and able to respond in the event of an attack.
Now’s the time to adjust your security strategy — don’t wait before your perimeter defenses are no longer effective against cyberattacks. Beyond prevention, you need swift breach detection and remediation to minimize the time criminals spend in your environment and the harm they can cause.
Actively searching for threats is important for keeping your business safe. To find threats, you need a team that monitors and manages your environment 24 hours a day, seven days a week using advanced technology and analytics.
Minimizing Breach Window
The most precious resource for a threat is time. So your security strategy must include an approach to closing the breach window as quickly as possible — the longer you are in a vulnerable state, the more damage you are susceptible to.
Managed service providers we work with not only notify you of a breach but will act on anomalous events immediately, on your behalf, based on pre-approved actions.
By turning to a Managed Service Provider that has the resources and experience to detect and respond to security events on your behalf, you can help ensure your environment’s security while reducing your TCO.
Reach out to us today to review your security and receive a free consultation to implement a strategy that protect your environment.