Cybersecurity is a business priority, and many organizations need a lot of help here. Investments will continue but they’ll be a “back-to-basics” vibe throughout the year. CISOs will also fine-tune planning as the year unfolds.
Cybersecurity spending and economic headwinds in 2023 | CSO Online
Organizations need MFA as part of their cybersecurity strategy. But relying on it as a panacea would be a grave mistake. Organizations still need a comprehensive cybersecurity strategy in addition to a robust technology stack to combat and mitigate threats when MFA fails.
Here are a few strategies organizations can implement to improve their security posture in the wake of anti-MFA attacks.
Tips to overcome the limitations of MFA | Security Magazine
Cyberattacks continue to target critical infrastructures such as health systems, small government agencies and educational institutions. Ransomware remains a popular attack method for large and small targets alike. While organizations may choose not to disclose the costs associated with a cyberattack, the loss of consumer trust will always be a risk after any significant attack.
Let’s look at the 13 costliest cyberattacks of the past year and the trends that defined major threats from now to the beginning of 2022.
The 13 Costliest Cyberattacks of 2022 (securityintelligence.com)
A trend that is growing and will help healthcare CISOs is Cyber Risk Quantification (CRQ). CRQ enables CISOs to measure and communicate cyber risk in financial terms and to also prioritize where to spend their next cyber dollar based on financial risk reduction vice technical measures.
Using CRQ CISOs are now able to answer questions like, “how much an attack would cost us?” and, “are we spending enough on security?” Applying CRQ for healthcare will not only help CISOs prioritize the right security investments, but it will enable the entire organization to understand and balance cyber risks alongside other risks they face.
How are healthcare CISOs reporting & measuring risks? | Security Magazine