Insider Threats and Social Engineering - Lionfish Cyber Security

Defense Strategies to Combat Insider Threats

Lionfish Cyber Security | September 11th 2022 | Insider Threats and Social Engineering

Insider threats are among the most dangerous cyberthreats out there. Yet, organizations of all sizes seem to be either reluctant or negligent when it comes to fighting them. Even though some companies have an insider risk management program, they have a limited cybersecurity budget for mitigating insider risk.1 Simply having an insider risk management program is insufficient to protect your corporate data from today’s sophisticated attacks. This brief article will shed some…

What You Should Know if Your Business Is Targeted by Ransomware

Lionfish Cyber Security | October 25th 2021 | Insider Threats and Social Engineering

It may not be news to you that ransomware is on the rise, but the numbers may leave you shocked. In 2020 alone, there were close to 300 million ransomware attacks worldwide.1 The cost of ransom payments demanded by hackers are also increasing in tandem with the increase in attacks. According to a recent projection, the global annual cost of ransomware attacks will touch $20 billion by the end of 2021.2 Offerings…

Lionfish Cyber Security | August 10th 2021 | Insider Threats and Social Engineering

The Internet of Things (IoT) is rapidly changing the technology landscape as we know it. Businesses worldwide are leveraging IoT for benefits such as seamless collaboration, access to comprehensive data and the ability to make stronger business decisions based on insights derived from substantial data. Experts estimate the total number of installed IoT-connected devices worldwide to amount to 30.9 billion units by 2025.1 However, as we know, all that glitters is not…

Top 5 Threats IoT Devices Pose to Data Protection & Privacy

Lionfish Cyber Security | August 2nd 2021 | Insider Threats and Social Engineering

Gartner Inc. predicted that by 2023, CIOs would be responsible for over three times the endpoints they were responsible for in 2018 due to the rapid evolution of IoT trends and technologies. With billions of physical devices worldwide connected to the internet today, this prediction is on its way to coming true. However, the rapid evolution of IoT technology has proven to be a double-edged sword from a cybersecurity and compliance standpoint.…

Operational and Data Integrity Risks of IoT for SMBs

Lionfish Cyber Security | July 19th 2021 | Insider Threats and Social Engineering

The continued rise in the number of Internet of Things (IoT) connected devices has brought about a host of security challenges for many businesses. As manufacturers compete in a race to bring their IoT devices to market, most fail to include even the most basic security controls necessary to protect the networks these devices connect to or the data they collect or transmit. This leaves businesses of all industries extremely vulnerable to…

Regulations For Securing the Internet of Things

Lionfish Cyber Security | July 12th 2021 | Insider Threats and Social Engineering

We are living in the era of Digital Transformation and witnessing first-hand the proliferation of assistive technologies such as the Internet of Things (IoT). It is estimated that the global count of IoT devices will reach around 80 billion by 2025 — a figure that will outnumber the human population across the globe tenfold. This IoT network of physical devices — “things”— designed with embedded sensors, software and other technologies for the…

10 Truisms of Cyber Security-Part II

Lionfish Cyber Security | June 22nd 2021 | CMMC, Insider Threats and Social Engineering

Before we reveal the final 5 truisms of cyber security, let’s take a quick recap of the first 5. Preparation Is The Key To Success Always Be Able To Deliver The Necessary Outcome The Secret Of Crisis Management Is Not Good Versus Bad But Preventing The Bad From Getting Worse Do It Today Unity Is Strength- Have Partnerships To make your small business cyber ready let’s get on with the last 5…

10 Truisms of Cyber Security- Part I

Lionfish Cyber Security | June 16th 2021 | CMMC, Insider Threats and Social Engineering

Before we go straight into the truisms, know that cyber-readiness is not a role for any one person on your team, every member of the team has a role to play in it. Now let’s get your small business cyber ready. 1. Preparation Is The Key To Success Start with taking time out with your team for internal assessment. For a checklist, you can refer to CISA (Cybersecurity and Infrastructure Security Agency)…

A ‘Compliance First’ Mindset Limits Liabilities for SMBs

Lionfish Cyber Security | June 7th 2021 | Insider Threats and Social Engineering

By adopting a Compliance First strategy, when choosing solutions and vendors, you will identify those that do not comply with your requirements, eliminate them from your selection process, and then select from the rest. It also means evaluating your current solutions and vendors and replacing those that cannot support your compliance requirements. In simple terms, compliance is anything someone else makes you do. This means laws, regulations, contracts, and even the terms…

Making Security Awareness Second Nature

Lionfish Cyber Security | April 23rd 2021 | Insider Threats and Social Engineering

Your business’ security program must start with your employees and strong security policies rather than entirely depending on your IT team or the latest security solutions. You can significantly reduce the likelihood of a data breach by combining a well-drafted cybersecurity policy with comprehensive security awareness training. It is your responsibility to implement security training for all your employees so that your organization can withstand cyberattacks and carry out business as usual.…

Your Biggest Cybersecurity Risk: Your Employees

Lionfish Cyber Security | April 16th 2021 | Insider Threats and Social Engineering

Cybercriminals work round the clock to detect and exploit vulnerabilities in your business’ network for nefarious gains. The only way to counter these hackers is by deploying a robust cybersecurity posture that’s built using comprehensive security solutions. However, while you’re caught up doing this, there is a possibility you may overlook mitigating the weakest link in your fight against cybercriminals — your employees. With remote work gaining traction and decentralized workspaces becoming…

Defense Strategies to Combat Insider Threats

Lionfish Cyber Security | February 24th 2021 | Insider Threats and Social Engineering, Uncategorized

Insider threats are among the most dangerous cyberthreats out there. Yet, organizations of all sizes seem to be either reluctant or negligent when it comes to fighting them. Over 50 percent of organizations don’t have an Insider Risk Response Plan and 40 percent don’t assess how effectively their technologies mitigate insider threats.1 Even though 59 percent of IT security leaders expect insider risks to increase in the next two years, very little…

Securing Your Remote Workers

Lionfish Cyber Security | January 18th 2021 | Insider Threats and Social Engineering

Over the last few years, we have seen several tech companies, such as Buffer, Todoist and Help Scout, to name a few, switch to a fully remote or partial work setup. Most of these companies spent months preparing for the switch by training their employees, setting up remote work policies and ensuring the necessary infrastructure was in place to deal with cybersecurity threats. However, many companies were forced to make the switch…