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5 Industries That DevOps Is Transforming

Angela Daniel
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5 Industries That DevOps Is Transforming

Here, I will share with you 5 industries that DevOps is transforming …

DevOps has wholly transformed how several industries operate. This article will explore five industries where DevOps is making a significant impact.

Industries That DevOps Is Transforming

1. Financial Services

Financial Services

In the financial services industry, DevOps is a perfect fit. The need for speed and agility is crucial for this sector as banks strive to keep up with the ever-changing demands of their customers.

The ability to scale up or down quickly, integrate with other systems, work with legacy systems, and react quickly to market changes are all characteristics that DevOps can help provide.

Gone are the days when a one-size-fits-all approach was the answer to all of the problems in the banking sector. This sector has seen some major transformations over the past few decades, thanks partly to new technologies like cloud computing and big data analytics.

With these new tools available at their disposal, along with DevOps practices applied across all aspects of IT infrastructure management (ITIM), financial companies can now achieve greater efficiency in areas such as customer service response times (CSRT).

JFrog recently shared a case study of a leading international bank in the Asia-Pacific region that has been able to scale its IT infrastructure rapidly while also improving the quality of its applications and reducing costs. The bank is a significant player in the region’s online retail market, with customers worldwide.

2. Insurance

InsuranceInsurance is an excellent example of an industry that can benefit from DevOps. It's no secret that insurance companies have to manage risk, and the better they are at managing risk, the more money they make. This means that improving your risk management process is one way to increase profits across the board.

In addition to managing risks more effectively, DevOps also helps insurance companies by enabling them to be more proactive about their business operations.

By using software development tools like continuous integration (CI) and continuous delivery (CD), insurance companies can implement changes quickly without waiting for approval from regulators or other parties involved in the implementation process before making those changes live in production environments.

READ ALSO: AI Revolution: Protecting Your Cyber Future

3. Healthcare

Healthcare

There are many ways that DevOps is helping the healthcare industry:

  • One of the most important ways is to improve patient care and reduce costs.
  • DevOps helps ensure that patients receive quality treatment without waiting for appointments or going through lengthy procedures.
  • It also reduces costs by making it easier for employees to find relevant information fast so they can provide better treatment with less time spent on research or training sessions.

DevOps has also enabled advancements in the healthcare industry, such as creating new products and services, improving patient experiences, and increasing efficiency at hospitals, clinics, and other health-related organizations

4. Marketing & Advertising

Marketing & Advertising

DevOps is transforming marketing and advertising because it makes it easier to deploy new software, scale up or down quickly, respond to market and customer base changes, and more.

One of the biggest challenges for marketers is keeping up with emerging technologies. The need to be able to react quickly to these changes was one of the reasons Slack was so popular with companies like YouTube and Ticketmaster when they first launched their chat groups.

5. Real Estate

Real Estate

The real estate industry is going through a significant transformation, with technology playing a pivotal role in the changes. The number of transactions and data involved makes the industry ripe for DevOps practices, which help improve customer experience and agent productivity.

Housing search engines like Zillow and Redfin have become household names, but these sites rely on information from agents who need to update listings regularly if they want to compete with other sites.

This creates massive amounts of data—and DevOps allows these companies to access that information more efficiently without losing quality control over their accuracy or timeliness.

As a result, buyers can easily find the perfect home based on their needs, while agents aren't spending hours updating listings manually when they could be showing homes instead.

In addition, because all parties involved are connected through apps that support instant notifications when something new happens (like an open house), everyone can stay on top of what's happening at any given moment rather than waiting days or even weeks for responses due to snail mail delivery services like FedEx Ground®.

READ ALSO: 2024 Cybersecurity: The Rise of CyberAttacks

FAQs About DevOps Transformation

Is DevOps a one-size-fits-all solution?

While core principles remain consistent, DevOps implementation can be customized to fit the specific needs and size of each organization.

What are some challenges of adopting DevOps?

  • Cultural shift: Breaking down silos between Dev and Ops teams requires a change in mindset and collaboration practices.
  • Automation skills: Implementing DevOps often requires teams to develop new skills in automation and tooling.
  • Security considerations: Security needs to be integrated throughout the development lifecycle within a DevOps approach.

How can businesses measure the success of their DevOps transformation?

  • Faster software delivery times
  • Improved deployment success rates
  • Increased developer and IT team productivity
  • Enhanced customer satisfaction

What's the future of DevOps?

DevOps is expected to continue evolving with a focus on:

  • Artificial intelligence and machine learning for automation
  • Cloud-native development for greater scalability and flexibility
  • Security automation for continuous integration and deployment

Conclusion

DevOps has a lot of potential to transform these industries, but it’s important to remember that it can be challenging. The first step is understanding the basics of DevOps and how it can be applied in your industry.

Once you know how you want to implement DevOps and what tools would work best for your company, start getting hands-on experience!

It might take some time before there’s widespread adoption across all industries, but the benefits are worth it: faster innovation cycles with higher quality software.

What do you think about the industries that DevOps is transforming? Leave a comment below.

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Why Is ISO 27001 Important For Small Businesses?

Chandra Palan
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0
Why Is ISO 27001 Important For Small Businesses?

This post will show you why ISO 27001 is important for small businesses…

Information security refers to the measures taken to keep data secure from unauthorized access or changes.

Whether large or small, all businesses are vulnerable to information security threats, leading to costly damages to both profits and the reputation of the business. Therefore, being proactive in information security is crucial for any business. 

Accounting for about 90% of businesses and 50% of employment worldwide, Small and Medium Enterprises (SMEs) play a crucial role in the economy by creating jobs, innovating new products and services, and generating significant growth for economies across the world (World Bank).

Although the ISO 27001 standard is more commonly associated with large businesses, it is amenable and can be adapted by small businesses to cover their information security needs. 

What Is ISO 27001? 

What Is ISO 27001

ISO 27001 (ISO/IEC 27001 – Information Security – Security Techniques – Information Security Management Systems – Requirements) is an internationally recognized standard for information security.

It helps businesses manage information security needs through the policies and processes outlined in the ISO 27001 framework. Key to these processes is the implementation of an Information Security Management System (ISMS) within a business to cost-effectively and systematically protect information assets and data. 

It is important to remember that ISO 27001 is an information security standard and is not restricted to Information Technology (IT) companies. Businesses in various sectors can adapt it as the framework of best practices for protecting their information.

Simply put, the framework provided by the ISO 27001 standard establishes, implements, maintains, and regularly reviews and improves the ISMS to protect information assets better. 

Implementing The Standard In Your Small Business 

Implementing The Standard In Your Small Business 

Small businesses serve as easy targets for cyber criminals due to their lack of resources to protect themselves.

Insufficient knowledge of information security and a scarcity of written policies on what to do in the event of an attack are the reasons small businesses are attractive targets. The ISO 27001 standard is one efficient way to combat this issue.

Obtaining the ISO 27001 certification means fulfilling some key requirements:

  1. Audits

Central to the certification are the audits that are carried out to test the viability of your ISMS. Audits, both internal and external, verify the business’s compliance with the standard. 

  1. Documents 

After your ISMS is tested and verified, you need to prepare your documents to get the certification. Documents include your ‘Scope’ document, your Information Security Policy Framework, and your Statement of Applicability (SoA).

  1. Best Practices 

Compliance with ISO 27001 standards is a continuous process and a number of best practices allow you to test your system and be updated on compliance guidelines regularly.

For example, businesses may choose to carry out network penetration tests, also known as ‘white hat attacks’ or ‘ethical hacking.’ These are done to identify vulnerabilities in your network and system to prevent future attacks and breaches. 

Information Security And Small Businesses 

Costs of cyber attacks are heavy, with IBM Security estimating that the global average total cost of a data breach was $4.24 million in 2021, an increase from 2020’s $3.86 million. Data from Accenture shows that approximately 43% of cyber attacks target small businesses.

The United States Securities and Exchange Commission reports that more than half of small businesses that fall victim to data breaches permanently shut down within six months of the attack. 

IBM Security further reports that while bigger businesses faced the highest costs due to data breaches, small businesses (categorised in this research as those with less than 500 employees) also saw a 26.8% increase in costs in 2021 as a result of data breaches. Complying with strong information security standards helps mitigate these adverse impacts. 

Cost and reputation are important factors in deciding whether to implement the ISO 27001 standard in a small business. There are also several other vital aspects to consider when making the decision. 

Benefits Of ISO 27001 For Small Businesses 

Benefits Of ISO 27001 For Small Businesses 

Implementing the ISO 27001 standard in any business is often thought of as a costly and time-consuming task. Having a look at the many benefits the standard brings to a small business shows a better understanding of the cost-benefit analysis. 

ISO 27001 helps small businesses:

1. Increase Credibility 

Customers from around the world can recognize the ISO 27001 standard as an international one which builds confidence in the business and increases its credibility. 

2. Open Up To Export Markets 

Security standards for businesses vary across regions and it can be daunting for small businesses to navigate evolving security needs. The ISO 27001 standard provides products with greater global compatibility which opens up export markets to small businesses. 

3. Gain a Competitive Advantage 

By implementing the ISO 27001 standard, a small business can show all its stakeholders, from suppliers to customers, it is serious about protecting personal data and information assets. This competitive edge will help businesses grow and connect with new customers. 

As a global standard, it provides all your stakeholders with the necessary assurance that their data is adequately protected and assists you in meeting the contractual obligations of customers. 

4. Streamline the Business

Growth in a small business can happen fast. When you experience quick growth, gaps in terms of information security may arise within your business.

These challenges include failing to meet customer service obligations and overlooking necessary information security standards. The methodology provided by ISO 27001 streamlines key decision-makers and policies in a business, which also increases the overall efficiency of the business. 

It also reduces the need for your business to be audited by other stakeholders, as the independent ISO 27001 certification serves as a third-party, objective audit. 

5. Control Expenses 

Information security attacks are costly, and the research outlined above shows that the costs of data breaches for small businesses keep increasing each year.

Preventing such attacks reduces the expenses that they bring about. The ISO 27001 standard helps small businesses to cost-effectively protect information assets comprehensively. 

6. Stay Compliant With Data Regulations 

Keeping information safe is a responsibility common to both large and small businesses. Information security, data privacy, and protection regulations vary across regions and sectors. ISO 27001 helps small businesses comply with these regulations efficiently.

READ ALSO: Online Privacy Explained: What It Is, Why It's Important, and How to Protect It

FAQs About ISO 27001 for Small Businesses

Is ISO 27001 certification complex and expensive for small businesses?

While achieving certification requires effort, the process can be scaled to the size and complexity of your business. Resources and costs can be managed effectively with proper planning.

We don't have a dedicated IT department. Can we still benefit from ISO 27001?

Absolutely. The core principles of ISO 27001 are applicable to any business that handles sensitive information. You can adapt the implementation process to your existing resources.

How can we get started with ISO 27001?

There are several resources available to help small businesses implement ISO 27001. Consider starting with a gap analysis to identify areas needing improvement.

Do we need to hire consultants to achieve ISO 27001 certification?

While not mandatory, consultants can provide valuable guidance and expertise throughout the implementation process.

How long does it take to get ISO 27001 certified?

The timeframe can vary depending on the size and complexity of your business, but it typically takes several months to a year to implement an ISMS and achieve certification.

Is ISO 27001 certification worth it for small businesses?

For small businesses that handle sensitive customer or company data, achieving ISO 27001 certification demonstrates a commitment to security, potentially leading to increased trust, improved processes, and reduced risks. By carefully considering the effort involved against the potential benefits, you can decide if ISO 27001 is the right fit for your small business.

Conclusion

SMEs are an integral part of the global economy, making significant contributions across sectors from exports to trade to entrepreneurial enterprises.

Allocating financial and human resources to implement the ISO 27001 standard in your small business is a critical but difficult decision.

The return on investment that the benefits of ISO 27001 bring to your business, especially in light of increasingly costly information security attacks, will help you make the decision comparatively easier. 

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5 Tips To Help You Successfully Translate Your Online Store

Chandra Palan
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0
5 Tips To Help You Successfully Translate Your Online Store

Here, I will show you 5 tips to help you successfully translate your online store…

As globalization accelerates, you have the opportunity to develop your business in international markets. The first step in carrying out this process will be to translate an existing online store. 

But the main question is how to do it properly. Several things should be kept in mind if you wish to both avoid paying too much, and guarantee that the translation is as successful as possible. 

Let’s take a closer look at several tips that can help you do this. 

5 Tips To Help You Successfully Translate Your Online Store

1. Be careful when using Google Translate

Google Translate is a major player in the field of machine translation. Still, is Google Translate accurate enough to meet your needs? What if you can’t use it to translate 100% of your online store content into another language?

The frequency of word pairs between two languages serves as a database for Google Translate's translation output. It first relied on statistical machine translation technology, which builds statistical models for translating particular words inside sentences using corpora of current translations.

Google took roughly a decade to improve the accuracy of its translations and move to neural machine translation as a more effective strategy.

Despite this advancement, Google Translate still cannot replace human translators who are able to understand the context and make considered choices. So, you don't need to worry on how to translate on Google.

To prevent translations that are not accurate enough, consider avoiding entirely relying on machine translation tools like Google Translate and hiring a professional translator. Google Translate may well speed up the process and help you stay productive, but it’s key to have a human deliver the final translation product.

Overall, Google Translate has improved a lot during the past decade, but it's still nowhere near the perfection you would require to translate every single sentence using only this method. So, be careful when using Google Translate for your online store.

2. Localization is crucial

Tips to Help You Successfully Translate Your Online Store

An eCommerce store's multilingual version requires more than simple translation. Your multilingual eCommerce website will receive visitors from various nations and cultures, so you need to engage and develop a relationship with them through the text, graphics, and other components of your website.

In addition to translation, you can use website localization to establish this relationship. Localization gives the impression that the website was made specifically with users of a certain nation or language in mind.

You can achieve this by using images that reflect the culture of your target audience and displaying prices in local currency, as well as translating product names as your target nations use them. Additionally, having the layout of the website match the conventions of the language you are translating into can also help. 

With localization, you can even examine what functional elements need to be changed. So when you construct a multilingual version of the website, consider localization rather than translation only.

3. What content pieces do you need to translate?

Implementing a plan for the content you need to translate will make things easier not only for you but for your website development team and your translators too. 

Make a list of the items you need to translate to get started. The list must contain everything you can legally and culturally offer to the target nation. For instance, since alcohol is a sensitive good in Arabic countries, it might be wise to omit them from your translation because they don't fit in with the local culture.

Moreover, before selling specific products online in some countries, keep in mind that you might need certain permits. You also need to translate other components of the website besides the products. So before you begin actually translating, make sure you have compiled a list of sections that you'll need to translate for your online store.

4. URLs need to be translated too

Tips to Help You Successfully Translate Your Online Store

Customers find it considerably easier to navigate websites with well-constructed URLs. Particularly for individuals who like to immediately access the page for the product they’re interested in.

The majority of WordPress CMS-based website translation applications automatically assign the right URL structure and add a parameter specifying the target language (en, de, fr, etc.). However, it’s worthwhile to translate the product's original name into its equivalent in a different language.

5. Cultural context matters

The process of translation involves more than only moving words from one language to another; it also involves adding nuanced aspects of culture into the text.

Therefore, phrases or idioms that are widespread in one language may have entirely different connotations when used in another language or culture. This might result in misunderstandings or a truly awkward image of the company.

Final Words

If you adhere to the best standards, translating eCommerce websites is not so difficult. However, you should consider localizing the webpage rather than merely translating it.

Select a translation tool or plugin to speed up the translation process and ensure that the website looks accurate to your visitors.

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5 Software Tools to Help You Improve Your Business Processes

Daniel Segun
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0
5 Software Tools to Help You Improve Your Business Processes

In this post, I'll show you 5 software tools to help you improve your business.

There is a great deal of work involved in running a company. A never-ending list of tasks, from personnel management to financial bookkeeping, must be completed to keep the company running.

Fortunately, in today's world, there are numerous software solutions available to help with workload management and the streamlining of related processes.

We've listed five types of must-have software tools and explained how they may make operating a company more straightforward for you. Let's get started on software tools to improve your business.

5 Software Tools to Help You Improve Your Business Processes

1. Proposal Software

Sending a business proposal to a customer is a common part of every sales job. In the past, customers may have taken months to get back to you. You'd ship a proposal to a customer, wait for them to evaluate and sign it, and then wait for it to return.

Now, there is a faster and simpler method to get your sales pitch out to potential clients. By using proposal software, you can submit proposals more quickly and with a larger conversion rate. Some of the advantages of investing in professional proposal software include:

  • Saving time and staying organized.
  • Boosting the success rate of your proposals.
  • Increasing revenue.
  • Keeping track of how clients respond to your offers.
  • Conveniently reminding customers using automated systems.
  • Speeding up the sales cycle.

Plagiarism Detector

2. Plagiarism Detector

Your company's website serves as a digital portfolio. Visitors will not be interested in reading anything that has been copied and pasted from elsewhere. Both the readability and believability of your content may suffer from excessive copying.

When people visit your site and see generic material, they won't bother reading it. Eventually, your search engine optimization will be impacted by the rising bounce rate. Business website owners need to exercise extreme caution when it comes to the content they post online.

There are numerous companies out there, and chances are good that at least a few of them cater to the same market as you do; so make sure you stand out. You could use a plagiarism checker for the content you publish on your website for a variety of reasons, including but not limited to:

  • Checking for plagiarism.
  • Ensuring the credibility of your online presence.
  • Avoiding paraphrasing errors.

3. Help Desk

In many cases, the IT equivalent of the Have you tried turning it off and on again? joke is the genuine, conventional solution to IT issues. Help desk personnel spend a lot of time on similar inquiries.

This reduces the number of problems you can answer every day and raises wait times for difficult issues, diminishing customer happiness and brand loyalty. In addition, a survey found that 40% of clients would rather deal with self-service than a customer support rep.

But how can you put it into practice? A FAQ page is one method, but consumers don't like scrolling through dozens of pages of text or community postings. What's the point if you don't have a personalized automated support desk? Chatbots and live chat are great solutions to improve your customers' communication and gain an advantage over the competition.

Purchase Order Software

4. Purchase Order Software

Orders that meet a blockage and cause a delay in processing can frequently be a source of frustration for the sales department. However, other departments can also hit production hurdles due to a shortage of resources, supplies, or equipment.

Companies that use email for the purchase clearance procedure face this problem often. When an onslaught of emails already swamps decision-makers, it might take a while before they can go through everything. Some messages may be completely forgotten in all the noise.

If you had a uniform approval form that sent papers to the right people in the right sequence, you could simplify and improve the process. To do this, you need a purchase order management system that is flexible enough to meet your specific requirements.

5. Onboarding Software Tools

Hiring someone new always sets in motion a variety of subsequent steps to improve your business. HR begins the hiring process by sending an employment contract to the candidate. Once signed, your organization prepares IT equipment, email addresses, internal system accounts, stationery, onboarding gifts, etc.

If you haven't yet improved your onboarding process and are still using old-school techniques, your HR department will have to send out individual emails to each department to inform them of what they need to do to be ready for the new hire.

If you're onboarding a large number of people in a short period of time, your HR department may be doing nothing but getting ready to welcome new hires across a wide range of departments. And then there's the training to get everyone up to speed.

What if this process could be automated so that once a new employee is added to the system, a series of notifications is sent to the relevant departments? This could help the HR department eliminate any mistakes, saving them precious time and energy.

Onboarding Software Tools

Final Words

The business software your organization uses might make or break its attempts to increase operational efficiency.

So, you need to be sure that you choose the right tools for your business’s specific needs. Before making a significant financial commitment to a single plan, you should take a close look at the many choices you have to improve your business.

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4 Reasons You Need Content Filtering For Your Business

Daniel Segun
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0
4 Reasons You Need Content Filtering For Your Business

In this post, I'll show you 4 reasons you need content filtering for your business…

Content filtering is the technical process whereby a company uses either hardware or software and its applications in order to restrict content from reaching a device or network.

It works through the configuration of both software and hardware components of machines to prevent them from accessing specific or filtered content.

The company decides what a user can and cannot see on their devices through a number of different methods.

 Emails in a remote work world, for example, can be configured to receive internal email only, and devices can be configured only to access certain websites on the Internet. These are just a few examples of how content filtering works.

In many cases, the goal is to restrict questionable or malicious content from reaching the end-user.

CHECK OUT: Best Antivirus For 2023: Windows, Mac, Linux, iOS & Android

However, there are many different reasons why a business would want to install content filtering on a device, database, or network. Learn more about the top 4 reasons here.

4 Reasons You Need Content Filtering For Your Business

4 Reasons You Need Content Filtering For Your Business

1. Improve Network Security

Network security is a top concern for any database professional. It is a concept that has been important to hardware use and software applications since computers became a mainstream component of daily business life 20 years ago.

Content filtering protects the end-user’s device from being infected with malicious content, which in turn protects the company’s network from the same problem.

This will, in turn, preserve network bandwidth and even boost it for all users on the network and will keep all users on the network protected from a downday due to malicious or suspicious content.

Employees won’t be able to spend the day on streaming services that eat up bandwidth when they should be working, and a malicious streaming trojan on one device won’t bring the whole company down for the day either when there are content filters.

2. Increase Productivity and Profits

Increase Productivity and Profits

While security is paramount in determining how much content is filtered to employees and network users, productivity and product losses will always be a priority for every business owner or manager.

A down day for Amazon has the potential to produce losses in the billions, and even a few minutes offline for the company will and has cost them millions.

Content filtering for a company prevents the wrong users from getting in both at the back end and as a frontline user. When one employee is down due to an attack, the company’s daily profits will suffer. When more than one is down, the outcome is disastrous.

3. Safeguard Users From Questionable Content

In this day and age, almost anything can get sent by email, chat application, or even through screen sharing.

When an employee does not have content filters on their devices, they may be at risk of being exposed to objectionable or questionable content from an external source or even an internal one. This has a damaging effect that reduces the success of a successfully configured network.

Malware is one example of questionable content that users need to be safeguarded from, but so is inappropriate content. A solid content filtering strategy minimizes this risk.

4. Improved Data Security

Improved Data Security

Protecting consumer, client, and business data security is important today, and so is protecting the data security of the average citizen.

Every country in the world has laws that impose severe penalties on companies or individuals that breach systems or networks, interfere with data or devices, or perform any act that violates existing privacy policies.

Improved data security is accomplished through appropriate content filtering methods that will also reduce the legal and criminal liabilities of a company that does not have them.

Methods of Content Filtering

There are a number of methods that a company can use to apply content filtering on their networks. White and black listing category-based methods, such as block lists or deny lists on email addresses, are widespread ways of doing that.

For companies that find this more difficult in the remote work era, businesses like Allot’s Endpoint Secure Solution can help you find the content filtering method for your employees that best meets everybody’s needs.

Time-based content filtering works by blocking content from coming in at certain times of the day. The Apple iOS operating system that offers Screen Time as a Setting for everyday users is a good example of this.

Application-based content filtering is another means by which content can be filtered. Here, filters can identify what is on an employee’s or user’s device and determine what shouldn’t be there.

Choose Secure Solutions

When you are worried about your business’s network or users being infected with content that could put their devices or your network at risk, then it is time to consider developing and implementing a content filtering plan.

READ ALSO: Privacy Vs Security: What’s The Difference?

How To Choose A Content Filtering Solution

How To Choose A Content Filtering Solution

When choosing a content filtering solution, it is important to consider the following factors:

  • The size of your business: Content filtering solutions are available for businesses of all sizes. Choose a solution that is scalable to meet your needs.
  • Your budget: Content filtering solutions can vary in price. Choose a solution that fits your budget and provides the features you need.
  • Your specific needs: Consider your specific needs when choosing a content filtering solution. For example, do you need a solution that can filter both inbound and outbound traffic? Do you need a solution that can filter email, web traffic, and applications?

Once you have considered these factors, you can start to compare different content filtering solutions. Be sure to read reviews and compare features before making a decision.

Conclusion

Content filtering is an important tool for any business that wants to protect its network and users.

By implementing a content filtering solution, you can improve your network security, increase productivity, safeguard users from questionable content, improve data security, and reduce your legal liability.

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25 Best Cybersecurity Forums To Join Right Now

Angela Daniel
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0
25 Best Cybersecurity Forums To Join Right Now

In this post, I will show you the best cybersecurity forums…

Cybersecurity is a broad field where experts and newbies might never stop hungry for more knowledge.

As technology improves, the cybersecurity field becomes broader and more challenging; thus, the need for Forums becomes necessary.

A forum is an online space where these experts and newbies connect to share ideas and exchange knowledge. The same applies to experts willing to help or learn from other experts in the field.

The interesting thing about these forums is that you can stay in your comfort zone while connecting with thousands of experts. 

Meanwhile, the limit to the number of people you meet on the best cybersecurity forums is undefined because of the large number of forums online today.

So, let’s see some of them below;

Best Cybersecurity Forums

Are you looking for a list of the best cybersecurity forums? We have already listed them below to save you from the stress of finding one for yourself.

1. Bleeping Computer

Bleeping Computer Best Cybersecurity Forums

Bleeping Computer has over 700,000 registered members. This Forum covers many aspects of technology and security.

In addition, Bleeping Computer allows users to ask questions, seek advice, and share ideas on different subjects, from security and Windows, support to IT certifications, careers, gaming, and mobile devices.

You don't need an account to view threads shared on this platform. However, if you want access to other features, you must create an account.

2. TechExams Community

Tech Exam community is an infosec forum with over 200,000 IT and security professionals who discuss various security topics like cloud security, security news, etc.

This forum makes it easy for security professionals worldwide to meet and share their ideas, experience, and knowledge. 

Also, on this platform, you can easily locate a topic you are looking for by browsing it anonymously without an account. However, some features are restricted for non-registered members.

3. MalwareTips

MalwareTips

Malware Tips have over 56,000 active users. This includes tech and IT professionals who share tips, strategies, and many others to prevent you from falling victim to cyber-attacks. 

As a member of this platform, you can post or ask questions and get answers for professionals.

4. Wilders Security Forums

This is a security-based forum. Most of the topics discussed on the forum are about online privacy and data protection. 

If you are someone that loves discussion on both topics above, the Wilders Security forum will get you covered.

5. TechRepublic Community Forum

This is a popular cybersecurity forum where IT and security professionals can chat, seek, and share advice.

In this forum, you can decide to join a group discussion or have a peer-to-peer conversation with other security professionals.

Also, the forum makes it easy to find any topic you are interested in by using tags and categories.

6. Antionline Forum

Antionline Forum Best Cybersecurity Forums

Antionline is not just a cybersecurity forum but also a cyberlearning center. On this platform, you can find discussions and tutorials on various subjects like cyber-scams, antivirus, adware, and firewalls.

READ ALSO: 54 Best Cybersecurity Podcasts For Technology Adepts!

7. Windows Security Forum

This worldwide forum covers almost every topic on the Internet and Technology. 

Those topics include Encryption, Firewalls, Windows, IDS, Linux, Hardware, and Software. However, this forum is for everybody; you have to be an IT or security professional to participate in this forum.

8. Hacklido Forum

Another entry on our list of the best cybersecurity forums is Hacklido.

Hacklido is a forum that brings Security and IT professionals worldwide to share knowledge, ideas, experience, and tips on cybersecurity and technology.

9. Hacker Combat

Hacker Combat Best Cybersecurity Forums

Hacker Combat is a cybersecurity forum with over 80,000 registered users. This major discussion on this platform is based on security topics.

It has more than 15 different categories that discuss security topics. And you don't need an account to access those categories. Just scroll down to the forum bottom; you'll find them there. Click on anyone you are interested in and view.

10. Comodo Forum

One of the best ways to fix cybersecurity issues is to join the Comodo Forum. This forum allows users to share whatever problem they are facing in the security field and get professional guides and suggestions from the experts.

11. Engage ISACA 

ISACA is a premier networking, training, and certification resource. There are many benefits you gain as a member of the platform. The Engage platform allows you to participate in forums with thousands of discussions, learn about upcoming events, or volunteer.

12. Spiceworks Community Forum

Spiceworks Forum

Another mention on this list of best cybersecurity forums is Spiceworks.

Spiceworks Forum is an antivirus, firewall, and security-related discussion forum. Every platform member can post their security challenges and get professional guides or advice from the experts in the forum. If you are an expert, you can also participate in this forum.

13. Youth4Work Forum

This forum sounds like a youth forum only. But it is not. Everyone is allowed to join this Forum. It doesn't matter whether you are young or old. The aim is to share security challenges and get answers from experts in the Forum.

14. Business of Cybersecurity

If you work as a security professional in an organization, your job is not just about defense. You are also expected to handle cyber risk management. That's why the cybersecurity business is there for you to get tips and ideas.

15. Advanced Persistent Threats

This is a private cybersecurity forum with about 3,000 security professionals. The major discussion on this Forum is based on cyber-attack prevention. Experts in the Forum share tricks, tips, and guides on how to secure your data from hackers.

16. Cyber Intelligence Network

Cyber Intelligence Network forum

Here is another best cybersecurity forum. The Cyber Intelligence Network forum has about 40,000 security and IT professionals. The main aim of this forum is to share ideas and insights on data protection.

17. Cybersecurity for Small Business

This forum was created basically for small business owners to connect and share ideas on how to stay safe online.

However, the forum has gone beyond that. It now covers various aspects of security and technology.

18. Information Security Forum (ISF)

The Information Security Forum has about over 14,000 members. Experts in the forums help and guide organizations and novices on using some security tools. The main aim of this online forum is to help individuals and organizations overcome cyber challenges. 

19. Insider Threat Management

The discussion in this forum is mostly based on security research, individual experiences, security threats, and best practices. 

20. The Penetration Testing Execution Standard

As the name entails, this Forum is based on penetration testing. They focus on identifying weak securities and addressing or standardizing the security.

21. Cyber Security Community

This Forum is for everyone interested in cybersecurity topics. It doesn't matter whether you are a security professional or a novice. You will find useful tips in this Forum.

22. Cyber Security Forum Initiative

The cybersecurity forum initiative has over 100,000 active members who aim to share awareness of the latest cyber trends. If you want to stay up to date on cybersecurity news, this Forum will help you achieve that.

23. Cybersecurity for Business and Government

This is the MCGlobalTech-sponsored Forum. Their discussion is based on the current cyber trends and the benefits of different cybersecurity approaches.

24. The International Cyber Threat Task Force

This forum is basically for everybody, irrespective of your location. The founder of this forum aims to bring security professionals worldwide to share ideas, tips, and cyber threats.

25. The Cybersecurity

The CybersecurityThis forum has more than 18,000 IT professionals and security experts. Their discussions cover almost every aspect of cybersecurity.

The experts in the forum are always ready for organizations and individuals. If you are looking for a way to share your ideas or get help from the experts, this cybersecurity forum is there for you.

Cybersecurity Forums: Frequently Asked Questions

Here are some FAQs about cybersecurity forums:

How can I find the right cybersecurity forum for me?

The best cybersecurity forum for you will depend on your specific interests and needs. If you're new to cybersecurity, you may want to start with a general forum like Spiceworks IT or Reddit's r/informationsecurity. If you're more experienced, you may want to join a more specialized forum like Wilders Security Forums or Null Byte.

What are some of the benefits of participating in cybersecurity forums?

There are many benefits to participating in cybersecurity forums. You can learn from other security professionals, stay up-to-date on the latest threats, and get help with security problems. You can also network with other security professionals and build your reputation in the security community.

What are some of the things I should keep in mind when participating in cybersecurity forums?

When participating in cybersecurity forums, it's important to be respectful of other users and to follow the forum's rules. You should also be careful about what information you share in the forums, as some forums are not very secure.

Are there any risks associated with participating in cybersecurity forums?

There are a few risks associated with participating in cybersecurity forums. Some forums may be infiltrated by attackers who are looking to steal information or spread malware. It's important to be careful about the links you click on in the forums and to be wary of unsolicited private messages.

How can I stay safe when participating in cybersecurity forums?

There are a few things you can do to stay safe when participating in cybersecurity forums. First, be careful about the information you share in the forums. Don't share any personal information or sensitive information about your company's security posture. Second, be careful about the links you click on in the forums. Only click on links from trusted sources. Third, be wary of unsolicited private messages. If you receive a private message from someone you don't know, don't open it.

What are some other ways to stay up-to-date on cybersecurity threats?

In addition to participating in cybersecurity forums, there are a number of other ways to stay up-to-date on cybersecurity threats. You can subscribe to security blogs and newsletters, follow security experts on social media, and attend security conferences and events.

Conclusion Of The Best Cybersecurity Forums

The benefits you gain from joining cybersecurity forums are endless. It is one of the best ways to solve security challenges without setting a foot outside your room.

No matter your aim, you will find people with common aims in those forums. 

And the interesting part is that you don't have to pay a dime to participate in any of the above forums. Join and take your security knowledge to the next level.

SUGGESTED READS

SAST In Secure SDLC: 3 Reasons To Integrate It In A DevSecOps Pipeline

Daniel Segun
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0
SAST In Secure SDLC: 3 Reasons To Integrate It In A DevSecOps Pipeline

Here, I will talk about SAST in secure SDLC. Also, I will show you 3 reasons to integrate it into a DevSecOps pipeline.

Vulnerabilities produce enormous reputational and financial risks. That's why many companies are fascinated by security and desire to build a secure development life cycle (SSDLC). So, today, we're going to discuss SAST — one of the SSDLC components.

SAST (static application security testing) is used to search for security defects in application source code. SAST examines the code for many potential vulnerabilities — possible SQL injections, XSS, SSRF, data encryption issues, etc. These vulnerabilities are included in OWASP Top 10, CWE Top 25 and other lists.

Before we discuss why SAST should be integrated into a DevSecOps pipeline, let me draw your attention to a couple of facts.

The number of vulnerabilities is growing. The cost of fixing them is growing too

Fact #1: the number of vulnerabilities is growing every year

To estimate the number of vulnerabilities found year by year, it is enough to look at the CVE (Common Vulnerabilities and Exposures) statistics. The graph below shows the number of vulnerabilities found from 2017 to 2021. The data is provided by National Vulnerability Database (NVD).

Vulnerability Database

Here are 2 facts:

  • the number of found vulnerabilities increases every year;
  • the difference between the number of vulnerabilities in 2017 and in 2021 is more than 30%.

By the way, at the time of writing the article in 2022, more than 5 thousand vulnerabilities have already been found.

Keep in mind that vulnerabilities can exist for years before they become publicly known. Take at least the sensational Log4Shell (CVE-2021-44228), that was disclosed 8 years after its appearance. Attackers can exploit a hidden vulnerability until it is discovered — as a result, the business is losing money.

What must be done? Use complex approaches and tools that will allow you to detect as many security defects as possible.

READ ALSO: Quality Assurance: Definition And Explanation

Fact #2: vulnerabilities found later are more expensive to fix

Here's what the IBM System Science Institute reports about the relative cost of fixing the vulnerability:

relative cost of fixing the vulnerability

Vulnerabilities found after the release are 15 times more expensive than those discovered at the development stage. Moreover, they are 100 times more expensive than vulnerabilities discovered at the design stage.

Different sources present this graph slightly differently. However, the overall statistics are the same: defects found later are more expensive to fix.

Absolute values depend heavily on many factors: how critical the vulnerability is, how complex it is to patch vulnerable components, etc. Vulnerabilities, as errors, can cost thousands, hundreds of thousands, or even millions of dollars.

Remember the launch of Ariane 5? The failure losses vary from $360,000,000 to $500,000,000. Or the story of the Polygon Plasma Bridge vulnerability with almost $850,000,000 at risk.

What must be done? Use tools and approaches that help to detect security defects as early as possible. Let your team improve their skills.

READ ALSO: Key Pro Tips For Managing Software Vulnerabilities

3 Reasons To Integrate SAST In SSDLC

1. Shift-left testing

Shift-left is a practice intended to perform testing early in the software development life cycle. That is, testing on the timeline of the project should shift to the left — closer to the beginning.

software development life cycle

One of the advantages of static analysis is early defect detection. It's relevant to SAST as well. This means that SAST in a DevSecOps pipeline allows you to follow shift-left testing and detect security defects earlier to fix them cheaper and easier.

Let's consider an example. To estimate the losses, we use the previous graph that shows the relative cost of fixing defects. For a standard unit, we take $100.

So, your team is developing an application that works with XML files. The XML handler is designed as follows:

  • The XML parser processes external entities without restrictions;
  • the parser receives the user data (taint data) to the input.

A system designed this way may be subject to an XXE attack. Suppose the developers find out about the problem and fix it at the same stage. However, the losses already amount to at least $100.

security defect

Imagine that a security defect was not detected and got into the release.

In a worst-case scenario, hackers find the vulnerability and exploit it. The exploitation brings about losses. However, neither you nor your clients are aware of this.

Sooner or later, you will find out about the vulnerability. The question is — what reputational damage and financial losses have you and your clients already suffered? Moreover, you need to close the vulnerability and update the client software. The graph suggests that the losses amounted to $10,000. Actually, this sounds optimistic.

SAST solution that can detect XXE

Suppose a company uses a SAST solution that can detect this XXE. If SAST is regularly used in CI/CD, developers can find a security defect earlier.

In this case, customers will not get a faulty product. And hackers will not exploit the security defect. As a result, possible losses are significantly reduced. The security flaw costs about $1,600.

fixing security defect

However, you can manage the process even better by using a SAST solution not only in CI/CD but also locally on developers' machines. This makes it possible to find the XXE during development in the IDE. Since the developer is in the task's context, it will be easier and, therefore, cheaper to fix the problem. The security flaw costs $650.

SAST in a DevSecOps pipeline

It turns out that SAST in a DevSecOps pipeline helped to cut costs by about 15 times, from $10,000 to $650. Shift-left testing in action.

Shift-left testing in action

2. Security defects in external code

Sometimes, developers use ready-made solutions — not only libraries but also code fragments. For example, code fragments copied from Stack Overflow or GitHub repositories. The question is — how secure is such code? Alas, there are no security guarantees.

The “How Reliable is the Crowdsourced Knowledge of Security Implementation?” research confirms this. The authors analyzed a number of questions on Stack Overflow and checked the proposed solutions for security. Here's what they found:

  • 644 out of 1429 inspected answer posts (45%) contain insecure solutions;
  • on average, answer posts containing insecure solutions are more popular and gain more comments and views;
  • accepted answers do not necessarily contain secure code.

Another research — “If you want, I can store the encrypted password” — discusses freelance developers. The paper suggests that freelancers are less likely to provide secure solutions if they are not explicitly asked about it. Just like everyone else does, they don't mind copying ready-made code, including code fragments from Stack Overflow.

By the way, there is an exciting story about copying code from Stack Overflow and the consequences. We're talking about Razer Synapse and Docker for Windows.

Different companies develop these applications and seem to be unrelated. However, if we run one of these applications, we can't run another. Why?

Developers of both applications used error codes from Stack Overflow.

There was a problem with getting a global mutex. Due to the error code, it turned out that both independent applications used a common mutex. You can read more about this in the thread on Twitter.

OK, a developer can copy-paste insecure code from Stack Overflow to an application. How can SAST protect the app from vulnerabilities in this case? By analyzing the copied code. SAST solution can be analyzed separately or after its integration into the application's code base.

Pay attention to the fact that sometimes vulnerabilities appear only after the integration of external code into the application. That's why you need to perform an analysis of the entire application's code and not only the copied one.

vulnerable code Stack Overflow

3. Improving security skills of developers

In fact, if you integrate SAST into your development process, you follow shift-left testing even more precisely. This is achieved by improving developers' skills in the security field.

Earlier, we discussed that SAST shifts the responsibility for the application security towards development. This happens because the developers handle the warnings of SAST solutions.

To fix a security flaw, a developer needs to investigate the problem. Is it possible to fix SSRF if you don't understand what it is? A path traversal? XEE?

The developer analyses a warning from a SAST solution and investigates the essence of the security defect to fix it. The tool documentation helps with this. Thus, the developer becomes more experienced in information security. 

But there is one more important thing. The developer now knows the weakness' essence. It means that they will be more attentive in such cases. As a result, the probability of having a similar security defect in the future is reduced.

Thus, as the expertise increases, the team will strive to prevent security defects even before writing the code. This reduces the cost of software development.

cost of software development

It is worth noting that SAST solution developers often have blogs where they describe best practices of using their tools, writing secure code and so on. Such blogs can become an additional opportunity for a team to develop new skills.

Conclusion

Let's sum it up. SAST allows for reducing financial and reputational risks. This is achieved by:

  • Shift-left testing. Security defects are detected at an early stage when their cost is minimal;
  • Analysis of third-party code. Code copied from Stack Overflow may be insecure. The same is true with custom-written code. Therefore, it is helpful to check external code for potential vulnerabilities;
  • team training. A developer needs to investigate the problem found by a SAST tool to fix it. As a result, the team improves its security skills. It helps to prevent security defects even before writing the code.

Despite these advantages, you need to remember one fact. SAST is not a panacea. It will not protect you from 100% vulnerabilities; it will not fix all issues. You can't create SSDLC only with the help of SAST.

And yet, SAST is another essential step up that can help reduce reputational and financial risks. If you are building SSDLC, SAST tools should be a mandatory part of the DevSecOps pipeline.

INTERESTING POSTS

Improving Customer Relationships: 5 Strategies For Success

Angela Daniel
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0
Improving Customer Relationships: 5 Strategies For Success

Here, I will talk about improving customer relationships and also show you 5 strategies for success…

Long-term relationships with clients are crucial to creating a successful business. Acquiring a customer is the first step, but retaining a customer is the next challenge. Establishing and maintaining long-term connections is a very different beast from making a sale.

After all, it is possible to persuade a consumer to make a purchase, but then have the customer request a refund after a few weeks have passed. That’s why it is vital to work on your customer relationships consistently.

5 Strategies For Success

1. Store data safely

Store data safely

There is no better way to develop a strong relationship with your customers than to reassure them that their data is safe. A person willing to do business with you needs to know how their data is handled.

That’s why you should consider investing in a private cloud storage solution. Private clouds may be hosted on-premises or in a third-party data center, which is also a privately hosted environment. This gives you greater control over your data and infrastructure, allowing you to make changes quickly if necessary.

Your IT department may monitor application deployment and use advanced analytics to anticipate and mitigate bottlenecks and downtime.

Private clouds offer an increased level of security compared to the public cloud, which is an additional benefit. On these servers, to which no other business has access, all data is stored and maintained.

This significantly enhances data privacy. If the servers are located on-site, they are handled by the company's IT department. Therefore, your company shouldn’t worry about the infrastructure's physical security.

READ ALSO: 4 Ways To Improve The IT Infrastructure In Your Company

2. Use help center software

Support center software is a platform that enables the operation of a knowledge base or a help center. It allows you to easily produce and publish articles that address frequently asked questions about your company's products and services.

The presence of a help center software solution reduces the likelihood that customers will contact customer service representatives. However, if customers do contact support, it will be easier for your support team to review the knowledge base articles and rapidly respond to client inquiries.

They could also provide links to relevant articles, tutorials, frequently asked questions and photos. This not only saves your customers’ time and effort but also saves you money on customer support hours. It maintains client satisfaction with prompt service. All of this, in turn, boosts the overall relationship with a business.

3. Be their consultant

customer loyalty

Taking a consultative approach is among the first critical steps in successfully creating customer loyalty. Pay close attention to the demands of the customer and try to come up with solutions that directly meet those needs.

Do this even if the solution you come up with will not make you the most money or even any money at all.

When a consumer has the impression that their requirements have been given top attention, it fosters trust, and even if they don’t make a purchase right away, they will remember your company the next time they have a requirement. This is absolutely necessary in order to cultivate a long-term relationship with the customer.

4. Present yourself as an authoritative figure

Building trust with customers is essential to successful sales and client management in general. If you want a customer to buy from you, they need to have faith in you. So you need to be knowledgeable about the subject matter.

Research both the product and the requirements of the customer so that you may always project an air of knowledge. Show your level of expertise while maintaining some measure of modesty. Instead of using it to dominate your client, reassure them that you have the solutions to their issues.

Moreover, you should research both the inside and the outside of your product to do this. You should be completely familiar with every aspect of your product. In addition to that, research the market movements, the actions of your competitors, and everything else that is relevant to your industry.

The more educated you are, the better off you will be. That will boost your customer’s trust in your expertise, which will, in turn, help improve your relationships.

5. Take full advantage of social media

social media

The use of social media is currently one of the simplest and least expensive ways to communicate with a large number of customers and keep existing ones satisfied. Since relationship marketing and social media marketing are frequently and intricately intertwined, you can't afford to ignore this sector of the industry.

It enables organizations to establish an emotional connection with their user base, to respond swiftly when something significant takes place, and to capitalize on trends that further extend their audience reach.

One of the obvious recommendations would be to hire a social media expert in addition to your regular marketing team. Social media marketing isn’t as simple as you may assume, and it requires a significant investment of both time and effort to do the necessary research.

Final Words

You should do your best to maintain good customer relationships. However, occasionally, customer-business interactions are unsuccessful. 

From a business perspective, it makes little sense to expend a great deal of time and effort on unprofitable customers who spend the majority of your time when you should be focusing on profitable ones.

Sometimes, it’s better to allow these customers to leave, using the time to cultivate relationships with existing clients and acquire new ones.

INTERESTING POSTS

Exclusive Interview With Kimberly Patlis Walsh, President of CRS

Mikkelsen Holm
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0
Exclusive Interview With Kimberly Patlis Walsh, President of CRS

In this interview, we spoke with Kimberly Patlis Walsh, President of Corporate Risk Solutions (CRS) who has over 20 years of insurance underwriting, program structuring, and multinational client risk advisory representation.

Unfortunately, several cyber attacks have been occurring, and recently, Costa Rica declared a state of emergency after ransomware hackers crippled computer networks across multiple government agencies, including the Finance Ministry.

The Russian invasion has also caused enormous damage to Ukraine’s internet infrastructure, promulgating the need for coordinated and bold responses. Geopolitics aside, the reality is any business that interacts with and/or depends on the internet for its existence can be a target, regardless of size.

Therefore, it is imperative to have proper business and cyber insurance plans implemented for any type of business.

So, we spoke with Kimberly Patlis Walsh on cyber risks and attacks, business insurance, and how to protect and help prevent your business from cyber-attacks.

Here Are Kimberly Patlis Walsh's Responses To Our Questions:

1. What is covered under cybersecurity insurance? What losses are exempted?

Kimberly Patlis Walsh: 

A cyber insurance policy protects an enterprise from liability/loss arising out of (a) first-party breaches (at the company itself and employee data (e.g., social security numbers, credit card numbers, bank account numbers, driver’s licenses, health information or material non-public information), and (b) third party breaches (customer, vendor or other parties’ sensitive business data, health and/or data or their employees).

Typically, all types of breaches (including amounts associated with actual ransom demands and/or malware, business interruption costs, and unencryption costs) are included in the coverage. Costs to retain breach response teams (i.e., legal, forensic accountants, cyber breach coaches etc.) are also included.

Programs are structured around helping a company respond, recover and restore the business to protect against the costs associated with an attack.

READ ALSO: How To Secure Your Computer Against Cyber Threats Like 007

2. Some businesses say cybersecurity insurance is expensive. Do you agree or is the pricing fair?

Kimberly Patlis Walsh: 

The cyber insurance marketplace has indeed spiked precipitously and dramatically due to the frequency and severity of breaches and the losses sustained by virtually every major global cyber insurance carrier. Pricing and retention/deductible levels are primarily driven by the level of security and the process/security protocols in force at any given company, as well as an insured’s claims history.

Specific vulnerabilities need to be addressed before carriers will be interested in quoting (most notably multifactor authentication, remote desktop & website protocols, business continuity planning and regular security testing).  Pricing could be in the range of $15K – $30K per million (or more), depending on the level of security protocols and penetration testing conducted.

3.  Is cyber insurance worth it for small businesses?

Kimberly Patlis Walsh: 

Regardless of size, any business that interacts with or utilizes the internet – and that’s everyone – has become a target for cyber thieves. In fact, recent reports have shown that small businesses are three times more likely to be targeted by cybercriminals compared to larger companies.

Potential targets are no longer limited to those that have personally identifiable information, personal health information or customer credit card data; instead, these attacks have either shut down or interrupted vital infrastructure, health systems, and financial companies. Manufacturing has been hit hard, including construction, supply chains, distribution, and sales.

With an overall increase in cyber attacks following the pandemic coupled with fewer resources, small to mid-sized businesses are left more vulnerable (especially if they are not as attentive to their security measures) for cybercriminals to take advantage.  To the extent a company is ‘choosing’ between getting their security house in order or purchasing insurance, we recommend first addressing open security challenges!

READ ALSO: How To Remotely Access Corporate Data Securely Without A VPN

4. Aside from cybersecurity insurance, what other type of insurance can businesses use to protect themselves from cyber attacks?

Kimberly Patlis Walsh: 

The best way to combat a cyber attack or breach is to spend the needed money to address security vulnerabilities. Outside of dedicated cyber insurance, another line of coverage that may respond to a claim is crime insurance, which may have coverage for ‘social engineering or impersonation’ by third parties claiming to be an in-house officer of the company demanding wires or changing of passwords or smartphone or computer changes allowing for wrongful wires/transfer of money and/or access to non-public or sensitive data.

5. What are some of the challenges of cyber security? How can cyber security be made easier?

Kimberly Patlis Walsh: 

Cyber security on its own is not particularly challenging, rather it requires a material amount of attention to detail. Unfortunately, there is no way around the need for cyber security protocols, business continuity protocols, and enterprise protections.

To the extent a company does not spend the time upfront on security measures, it is not a question of ‘if’ they will get breached but rather just ‘when and how material’. Cybersecurity experts and insurance carriers have identified key vulnerabilities that cybercriminals seek to manipulate to enter computer systems:

  • Multi-factor authentication tools to safely access internal computer systems
  • Robust Desktop Security Protocols, including virtual private networks, data encryptions, protective passwords, firewalls, and restricted access to admin rights
  • Active management of systems and configurations
  • A continuous hunt for possible network intrusions and third-party threat exposure
  • Keep update-to-date on upgrades in software at all times
  • Develop and exercise a system recovery plan, including regular testing of backups for data integrity and restorability and preparing and annually testing of incident response/ business continuity plan

An independent risk advisor can serve as a sounding board and help navigate through the various and sudden risks that global enterprises face to ensure maximum recovery of data, systems and monies.

6. What are the biggest cyber threats currently and what emerging risks should businesses know about?

Kimberly Patlis Walsh: 

Ransomware and malware attacks are on the rise and have been further compounded by the Russian invasion of Ukraine. Corporations of all sizes are encouraged to take all the necessary steps to protect their enterprises, avoid business interruptions and backstop their own security with robust insurance and access to active breach response teams.

7. Can you tell us more about Corporate Risk Solutions (“CRS”)? And how do you help small businesses?

Kimberly Patlis Walsh: 

Corporate Risk Solutions, LLC (CRS) is a premier independent risk management and insurance advisor primarily focused on alternative capital firms and their respective portfolio company investments. CRS also helps companies of all sizes and industries (both privately held and publicly traded) across the risk continuum, serving as an ‘outsourced risk manager’.

We work with all of our clients to develop comprehensive operational risk management plans to best navigate all business challenges, claims, litigation, and other commercial exposures.

We serve as an extension of our clients’ management team, help them determine the right level and adequacy of their risk assumption and transfer strategies, and provide guidance relative to the best protections, risk partners, and opportunities for cost mitigation and minimizing losses.  While we do have ‘small business’ oriented advisory services, our approach is the same irrespective of client size.

Note: This was initially published in October 2022, but has been updated for freshness and accuracy.

INTERESTING INTERVIEWS

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