Cyber Insight

This is the target for businesses in 2022

In 2022, businesses should set out to minimise confusion, improve understanding and refine insights, not only in the implementation of the cloud, but also in the application of appropriate security solutions designed to protect data and applications from cyberattacks, phishing and ransomware as well as common theft, internal corruption or accidental deletion.

In this light, security policies, controls, procedures and technologies have to be defined and evaluated as to their abilities to work in harmony to protect cloud-based infrastructures against myriad attack vectors.

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Do you have 20/20 vision?

They say that hindsight is 20/20 vision. Unfortunately, as the rate of cloud adoption continues to rise in 2022, the need for unobstructed views into the implementation of cloud services will be key to assisting companies drive down operating costs, scale their operations and develop agile systems capable of providing a competitive edge in business.

Moreover, a clear insight into how a cloud infrastructure could be expected to evolve within an organisation – this year and beyond - is essential if you want to plan ahead, keep abreast of advancements in cloud security and ensure that the latest privacy and regulatory compliance requirements are met.

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Hackers linger in networks after a breach, gathering as much sensitive data as possible.
This is evident after the Transunion hack.

Sadly this "extortion" is not only limited to Transunion but also to the clients involved, as the hackers expect the parties involved to pay up if they don't want their data to be leaked.

It's not just data; personal information is a gold pot for hackers and fraudsters. Possible implications could be increased identity theft and targeting of smaller Financial firms and other firms with high profile information for extortion.

https://www.moneyweb.co.za/news/south-africa/deadline-passes-for-r220m-extortion-demand-in-transunion-cyber-attack/

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Deadline passes for R220m extortion demand in TransUnion cyber attack TransUnion uses opportunity to up-sell clients, offering ID protection package at R499 a year.