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A newly adopted law known as the “ Cyber Resilience Act ” outlines cybersecurity requirements for the design, development, production and lifecycle maintenance of these types of products, including IoT wares such as connected cars.
As the number of IoT devices deployed globally continues to rise, cyber-physical systems and business operations are exposed to greater risk. Not only do IoT devices introduce more entry points for potential attackers, but many of these devices are often overlooked by traditional security efforts.
Draft a businesscontinuity plan outlining how your SMB will maintain operations if it suffers a cyberattack. Designate a cyber leader wholl be tasked with monitoring cyberthreats, share best practices and foster cyber awareness. Offer cybersecurity awareness training to your staff. Acquire cyberinsurance.
The 14-page document, published this week, aims to help critical infrastructure organizations “make decisions for designing, implementing, and managing OT environments to ensure they are both safe and secure, as well as enable businesscontinuity for critical services.”
As businessescontinue to adopt more innovative technologies to streamline operations, their risk of being exposed to a cyberattack is spiraling upward as well. 2021 might also be the year when deepfakes go on to render more convincing phishing scams than ever before, which could end up costing businesses billions of dollars.
The Internet of Things (IoT) and unsecured IoT devices are also proving to be a huge risk for SMBs. In 2017, 50,000 cyber-attacks were targeted at IoT devices, an increase of 600 percent from 2016 and the number of IoT-driven malware attacks surpassed 121,000 in 2018.
Check out part of their conversation below and if you’d like to listen to the full discussion, where they share more best practices from real‑world RBVM programs – go to the webinar recording. Why unknown IoT devices can pose a threat to your IT environment Chris Goettl: A couple of things that could be a concern.
Here’s what it recommend: Be as prepared as possible for a ransomware attack, including having data backups; a businesscontinuity and disaster recovery plan for critical applications; cyber insurance coverage; and updated threat intelligence information.
The definition of endpoints, in this case, extends to all devices, such as laptops, mobile phones, tablets, and even servers and IoT devices. Compromising even a single endpoint can provide threat actors with easy access to a company’s private network and applications as well as workloads on the cloud, threatening businesscontinuity.
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