CINS Army Brief
Why is ROI such a dirty word?
Our Take
In our humble opinion, the reason articles like this still need to be written is that we as vendors still have a hard time justifying the ROI on cybersecurity spend. Quantifying risk is hard. Justifying the benefits of managed services is easier. We’ll keep working on it.
Many companies still don’t see the full value of cybersecurity
https://www.techradar.com/news/many-companies-still-dont-see-the-full-value-of-cybersecurity
This is our CINS Army Brief for March 2023, curating the most interesting cyber news from the past month. Learn more and subscribe here.
- Banks, Financial Industry Hit by Rising Ransomware Attacks
https://www.bloomberg.com/news/articles/2023-03-21/banks-financial-industry-buffeted-by-rising-ransomware-attacks#xj4y7vzkg - Bank failure panic fuels moment of opportunity for threat actors
https://www.cybersecuritydive.com/news/bank-failure-panic-fuel-threats/644949/ - Municipal CISOs grapple with challenges as cyber threats soar
https://www.csoonline.com/article/3688958/municipal-cisos-grapple-with-challenges-as-cyber-threats-soar.html - New cyberattack tactics rise up as ransomware payouts increase
https://www.csoonline.com/article/3689014/new-cyberattack-tactics-rise-up-as-ransomware-payouts-increase.html - New malware infects business routers for data theft, surveillance
https://www.bleepingcomputer.com/news/security/new-malware-infects-business-routers-for-data-theft-surveillance/ - Hackers mostly targeted Microsoft, Google, Apple zero-days in 2022
https://www.bleepingcomputer.com/news/security/hackers-mostly-targeted-microsoft-google-apple-zero-days-in-2022/ - US federal agency hacked using old Telerik bug to steal data
https://www.bleepingcomputer.com/news/security/us-federal-agency-hacked-using-old-telerik-bug-to-steal-data/ - Auto Cyberattacks Becoming More Widespread
https://semiengineering.com/auto-cyberattacks-becoming-more-widespread/ - Most mid-sized businesses lack cybersecurity experts, incident response plans
https://www.helpnetsecurity.com/2023/03/20/mid-sized-businesses-cybersecurity-challenges/ - CISA launches pilot to spot ransomware vulnerabilities
https://gcn.com/cybersecurity/2023/03/cisa-launches-pilot-spot-ransomware-vulnerabilities/383993/ - Research shows two-thirds of orgs have had breaches caused by remote working
https://venturebeat.com/security/research-shows-two-thirds-of-orgs-have-had-breaches-caused-by-remote-working/ - Remote working: the most secure countries worldwide
https://www.techradar.com/features/remote-working-the-most-secure-countries-worldwide - EPA to make states evaluate public water systems’ cybersecurity
https://thehill.com/policy/energy-environment/3882433-epa-to-make-states-evaluate-public-water-systems-cybersecurity/ - How to enhance the cybersecurity of operational technology environments
https://www.mckinsey.com/capabilities/risk-and-resilience/our-insights/cybersecurity/how-to-enhance-the-cybersecurity-of-operational-technology-environments - 6 principles for building engaged security governance
https://www.techtarget.com/searchsecurity/post/6-principles-for-building-engaged-security-governance - Why we need to democratize governance, risk, and compliance
https://www.scmagazine.com/perspective/compliance/why-we-need-to-democratize-governance-risk-and-compliance - Analysts share 8 ChatGPT security predictions for 2023
https://venturebeat.com/security/analysts-share-8-chatgpt-security-predictions-for-2023/ - 7 guidelines for identifying and mitigating AI-enabled phishing campaigns
https://www.csoonline.com/article/3690418/7-guidelines-for-identifying-and-mitigating-ai-enabled-phishing-campaigns.html - CFO Cybersecurity Strategies: How to Protect Against the Rising Storm
https://www.cfo.com/technology/cyber-security-technology/2023/03/cybersecurity-strategies-protect-against-cyberattacks-investments/ - Cybersecurity Skills Shortage, Recession Fears Drive ‘Upskilling’ Training Trend
https://www.darkreading.com/vulnerabilities-threats/cybersecurity-skills-shortage-recession-fears-drive-upskilling-training-trend - The Role of Human Resources in Cybersecurity
https://securityintelligence.com/articles/role-human-resources-cybersecurity/ - CISA summons outside tips to alert victims of early-stage ransomware
https://www.cybersecuritydive.com/news/cisa-pre-ransomware-notification/646041/