Posts Tagged ‘cybersecurity’
Cybersecurity risk assessments are very important for protecting a company’s digital future. Companies use technology more and more for everyday tasks, making digital systems more vulnerable to threats. All organizations face many threats, including complex cyberattacks, data leaks, insider risks, and system breakdowns. These threats can harm sensitive information and disrupt operations.
A risk assessment helps companies find weak spots. They can then focus on major threats and create strategies to reduce risks. By managing risks early, companies protect their property and customer data. They also gain the trust of stakeholders and keep a good reputation in a competitive market. Engage with a Managed IT Services Provider in Nashville to leverage cybersecurity risk assessment services, identify vulnerabilities, and safeguard your business from potential cyber threats. These assessments help create a security-focused culture and support ongoing improvement, ensuring digital systems grow along with new threats.
In this blog, we will explore what is a cybersecurity risk assessment, why is cybersecurity risk assessment important, and the benefits of conducting regular assessments to strengthen an organization’s security measures.
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Ransomware attacks are increasingly costly to financial organizations, with the average cost reaching $5.13 million in 2024. (1) According to CrowdStrike’s 2024 Global Threat Report phishing, ransomware, and third-party breaches remain the top cyber threats facing credit unions today. (2) Additionally, the NCUA has warned that smaller credit unions are particularly vulnerable, as they often lack the dedicated cybersecurity resources of larger financial institutions.
Recognizing these growing risks, the National Credit Union Administration (NCUA) implemented a new rule requiring all federally insured credit unions to report significant cyber incidents within 72 hours. This rule, which took effect on September 1, 2023, is designed to enhance regulatory oversight, improve threat intelligence sharing, and help mitigate systemic risks to the financial sector. By understanding this regulation and implementing strong cybersecurity measures, credit unions can better protect their members and maintain compliance. (3)
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Phishing scams are a growing concern for businesses of all sizes. These deceptive attacks target employees with fake emails, messages, and websites that steal sensitive information like passwords, financial data, or company secrets. As cybercriminals become more sophisticated, the threat of falling victim to these scams becomes more real. A single phishing attack can lead to data breaches, financial losses, and damage to your company’s reputation.
The workplace, with its abundance of digital communication and sensitive data, is a prime target for these attacks. Interact with Managed IT Services Nashville experts to strengthen your business’s protection against phishing scams with advanced security measures and employee training. While phishing scams can seem intimidating, there are effective strategies to safeguard your business. By implementing strong security measures and fostering a culture of awareness, you can significantly reduce the risk of falling prey to these cyber threats.
In this blog, we will explore the most common phishing scams and discuss essential strategies for safeguarding your business and ensuring a more secure working environment.
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Let’s explore what an M365 hardening strategy entails, why it’s essential, and some technical steps you can take to secure your environment effectively.
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