Remove 2021 Remove 2022 Remove Security
article thumbnail

An increase in cyber attack fines highlights firms’ need to tighten security

Open Access Government - Technology News

The Hiscox 2022 Cyber Readiness Report shows the median cost of cyber attacks has risen 29% in the past year to just under $17,000. It showed the number of companies that reported receiving a fine following a cyber attack almost doubled from 11% in 2021, to 20% in 2022. 23% in 2021, 30% in 2022). Loss of customers.

Security 115
article thumbnail

Improving software security in the public sector

Open Access Government - Technology News

UK public sector organisations are facing threats and increasingly sophisticated attacks on key infrastructure and software security This trend is only expanding as more services become digitised and complex software supply chains multiply the opportunities for malicious actors to infiltrate networks.

article thumbnail

Combating cyber-enabled fraud: Sapphire’s proactive cyber security approach

Open Access Government - Technology News

Given the vast number of cyber-enabled frauds in the UK, significant changes in the approach to cyber security are necessary to achieve this goal. Sapphire is a UK-owned and operated cyber security company. Cyber security awareness Security awareness is crucial in protecting against fraud and cyber attacks.

Security 116
article thumbnail

Plugging the cybersecurity skills gap to retain security professionals

Open Access Government - Technology News

The global pool of security professionals needs to grow 65% to defend organisations’ critical assets – so how can we plug the cybersecurity skills gap? Globally, (ISC)² approximates that the cybersecurity workforce will expand significantly by adding 464,000 new professionals in 2022, marking a stark 11.1%

Security 114
article thumbnail

How to shore up data protection beyond cyber security policies and standards

Open Access Government - Technology News

We rarely go for long without hearing of an information security breach or cyber-attack to which a public sector body or local council has fallen prey despite significant ongoing efforts and resource deployment to prevent them. Aberdeenshire Council had 243 data breaches between 2020 and 2022.

Security 119
article thumbnail

How to improve security with an employee emphasis

Open Access Government - Technology News

We must improve security because the impacts of human error on cybersecurity can be immense, and one small slip-up can have disastrous impacts One small slip-up or moment of personal irresponsibility can cause havoc for even the most robust organisations. The statistics speak for themselves. This isn’t coincidence.

article thumbnail

Review: WatchGuard EDR Tool Blends with Existing Tech to Bolster Network Security

FedTech Magazine

According to Verizon’s 2022 Data Breach Investigations Report, the public sector reported nearly 3,000 cyber incidents in 2021, with more than 75 percent of them committed by external threat actors. The continuing increase in cyberattacks is fueling the push for federal agencies to create zero-trust environments.