Organizations have become heavily reliant on digital solutions to run their business in today’s digital age. For organizations to work efficiently it’s imperative that they process and store sensitive customer and employee data. Failing to protect this data can put the affected organization against various legal consequences. The recent attack against Medibank is a clear example of this risk.
Managed Detection and Response
Organizations of all sizes and across industries are moving their workload to the cloud to facilitate digital transformation and enhance work efficiencies. The cloud shift has witnessed a tremendous boost during the previous two years, especially after the COVID-19 pandemic, which forced organizations worldwide to adopt the remote working model. Accessing sensitive work resources through the internet will make them susceptible to cybersecurity threats.
Privilege escalation is a cyberattack that grants adversaries privileges beyond what the system or application intended to give. The attack can be carried out by internal or external threat actors and is considered a key phase in many advanced cyberattacks. In this article we will define privilege escalation attacks, list privilege escalation types and attack vectors, and discuss the mitigation strategies to counter this attack type.
Cybercriminals are working daily to invent new ways to evade detection. The expansion of the supply chain, and the increased dependence on third-party vendors to support core business functions have made the IT environments more open and complex, allowing threat actors to find different ways to hide. Threat hunting helps detect unknown and advanced cyber-attacks.
In today’s complex IT threat landscape, enterprises cannot guarantee complete security by just installing security solutions (such as Firewalls, IPS, NDR, and SIEM) and monitoring them. Enterprises also need to be prepared for cyber incidents as no organization is 100% immune to cyberattacks. Due to the constant threat to cybersecurity, it is imperative to have an incident response plan ready to execute once a data breach is discovered.
Lack of financing in the security department causes enormous monetary losses due to data leaks, breaches, and other security incidents. Businesses need to invest in security — but how can you justify this investment to your management and get their buy-in? And how much budget can you allocate? In this article, we go through the numbers and the formula for calculating the ROI of security investments.