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2 Million Patients’ Data Compromised in Cyber Attack on Shields Healthcare Group

Shields Healthcare Group recently suffered a data breach, putting at stake the personal information of roughly 2 million people. The Massachusetts-based healthcare company provides management, MRI, PET, CT, and ambulatory surgical services on behalf of health care facilities in New England.  According to a notification published on the company’s official website, Shield became aware of the … [Read more...] about 2 Million Patients’ Data Compromised in Cyber Attack on Shields Healthcare Group

Tips for Supply Chain Risk Management

Cyber risk management is a rather challenging feat, even for the most experienced cybersecurity teams. Many day-to-day business functions depend on outsourcing to third-party companies to create a vast digital trail that ultimately requires cyber protection and monitoring. Therefore, relationship management is essential for managing cybersecurity risks in the supply chain or the vendor … [Read more...] about Tips for Supply Chain Risk Management

Domain Impersonation Witnesses a Sharp Rise

The average business sees almost 90 domains impersonating their business per month – that’s approximately 1100 domains per year on average. These fraudulent domains are set up by cybercriminals and sometimes even by threat actors sponsored by states to carry out such activities.  A report by a digital risk protection company called Digital Shadows showed that the industry that is most at … [Read more...] about Domain Impersonation Witnesses a Sharp Rise

4 reasons your company needs cyber insurance

Between 2014 and 2020, the average data breach cost increased by 10%. What makes data breach damaging is not the act itself but expenses like regulatory fines, legal costs, and hiring security to alleviate data breach damage. To keep financial losses under control, a risk management strategy is necessary. And what makes a critical part of your risk strategy is cyber insurance. Read on to … [Read more...] about 4 reasons your company needs cyber insurance

America’s small businesses aren’t ready for a cyberattack

In view of the Russa-Ukraine war, the U.S. government has warned of higher risk of cyberattacks coming from Russia. Why? Because Russia would be carrying out these cyberattacks to pull the U.S. into the conflict.  Unfortunately, this heads-up wasn’t enough to motivate small businesses to be prepared for these potential cyber threats.  In the latest CNBC|SurveyMonkey Small Business … [Read more...] about America’s small businesses aren’t ready for a cyberattack