Sentences with phrase «cybersecurity incident»

A "cybersecurity incident" refers to an event where there is an unauthorized breach or attack on computer systems, networks, or data. It involves actions attempting to gain unauthorized access, cause damage, steal information, or disrupt normal operations of an organization's digital infrastructure. Full definition
The cliché goes that humans are the weakest link in cybersecurity, and potentially even the leading cause for the majority of cybersecurity incidents in recent years.
Further, it recommends that companies should consider the full life - cycle of their vehicles and facilitate rapid response and recovery from cybersecurity incidents.
Two major reasons for an increase in investment is the high level of cybersecurity incidents against law firms and the need to adhere with strict compliance regulations.
Most insurance companies offer insurance policies specifically designed to protect against losses and liabilities arising from cybersecurity incidents.
Nearly 50 % of general counsel say their role has expanded to incorporate planning for cybersecurity incidents and responding to such attacks, according to a new Legal Week Intelligence report.
Bethesda, Md. — February 21, 2018 — Generali Global Assistance («the Company»), a leader in the assistance industry since its founding in 1963, part of the multinational Generali Group, and the developer of a proprietary and innovative identity and digital protection platform, today published a white paper titled, «The Impact of Cybersecurity Incidents on Financial Institutions.»
This spring's report documented a 10 % increase in cybersecurity incidents at US government agencies for a total of 77,183 (page 14).
Common cybersecurity incident scenarios include malware infection, DDoS diversions, denial of service or unauthorized access.
These are just some of the critical functions that automating cybersecurity incident response can provide.
«We, as an IT Company, elaborate Cybersecurity Incident Response Plans on a regular basis because tech companies, and not only, should have a coordinated approach to respond to such incidents...»
Part of the historical challenge, of course, is that dealing with cybersecurity incidents has been a lonely business: No one wants to share the sordid details of what went wrong or how they've interacted with hackers.
We shall expect a steady growth of cybersecurity incidents related to digital coins and ICO in 2018.»
Kaspersky Labs has come under fire this year as fears of Russian interference in U.S. affairs were stoked by innumerable cybersecurity incidents and alleged links to the present administration.
Singapore's new cybersecurity law passed earlier this week mandates that owners of critical information and infrastructure report cybersecurity incidents to the Cybersecurity Agency.
«Cybersecurity Incident Response Plans (CIRP), like computers themselves, are not as simple as they seem on the surface and should be modular...»
See BLG bulletin Insurance for Cybersecurity Incidents and Privacy Breaches.
Effective insider risk management requires a risk - based, multi-functional approach by an organization's various departments and disciplines to deter, prevent, detect and respond to cybersecurity incidents caused by insiders.
Traditional insurance policies (e.g. commercial liability, business disruption and commercial crime policies) often do not cover losses and liabilities resulting from cybersecurity incidents, either because of narrow policy language or express exclusions.
There are statutory obligations to report — in Alberta and, soon, federally — if there's a cybersecurity incident that presents a real risk of significant harm to an individual.
Organizations that have been the victim of a cybersecurity incident may have a number of legal obligations to report or disclose the incident, not only to government but also to other organizations and individuals whose data might be involved.
US federal, state, and city government agencies, and governmental agencies and officials in the Canada and the UK are investigating among other things, how the cybersecurity incident «occurred, the consequences thereof, and our response thereto.»
The «cybersecurity incident» occurred in mid-May, was discovered in July, and was first disclosed on September 7.
Unknown «Future Costs» associated with the «cybersecurity incident» beyond the judgements, penalties, fines, and the like, include:
But it also disclosed in the fine print of its SEC filing just what a legal and financial nightmare it is getting into over what it calls the «cybersecurity incident
Undisclosed number of «other lawsuits and claims allegedly arising out of the cybersecurity incident,» presumably including the $ 500,000 - lawsuit filed by short seller Carson Block.
The initial expenses related to the «cybersecurity incident» were an undramatic $ 27.3 million.
TaskRabbit, an oddjob app, advised customers to change their passwords after it disclosed Tuesday that it was investigating a «cybersecurity incident
The SEC and the US Attorney's Office for the Northern District of Georgia have sent subpoenas to Equifax «regarding trading activities by certain of our employees in relation to the cybersecurity incident
The governmental agencies investigating the cybersecurity incident may seek to impose injunctive relief, consent decrees, or other civil or criminal penalties, which could, among other things, impact our ability to collect and use consumer information, materially increase our data security costs and / or otherwise require us to alter how we operate our business.
They «allege their businesses have been placed at risk due to the cybersecurity incident and generally assert various common law claims such as claims for negligence and breach of contract, as well as, in some cases, statutory claims.»
On September 7, consumer credit reporting agency Equifax announced it had experienced a cybersecurity incident potentially impacting 143 million Americans — nearly half the country.
An Equifax spokesperson said the waiver «applies to the free credit file monitoring and identity theft protection products, and not the cybersecurity incident
«As previously disclosed, Equifax is cooperating with agencies that are investigating or otherwise seeking information about the cybersecurity incident, including the CFPB.
The on - demand home - service platform acquired last October by Ikea, announced that it has taken down its site and app in order to investigate a cybersecurity incident.
Obviously the key thing for all businesses is to quickly ascertain if and how customers are affected by a cybersecurity incident, and take immediate steps to minimize the impact and avoid reputational damage.
Of course, with all response plans, a cybersecurity incident response plan should be tested to insure thoroughness and reviewed periodically as company requirements are likely to change over time.
«A company must consider that a cybersecurity incident response plan will balance two opposing forces...»
By considering how to break down your cybersecurity incident response plan into various smaller components, you will be able to easily compose a comprehensive strategy to cover a wide range of incidents.
To effectively implement a cybersecurity incident response plan, train team members on cybersecurity policies in addition to roles and responsibilities in the event of an incident.
Having automated processes in place for notification and immediate containment measures are integral to your cybersecurity incident response plan.
Those are the most important aspects to take care of in case of a cybersecurity incident.
«What are the most important considerations when developing a cybersecurity incident response plan?»
Overall, the most important rule when developing a cybersecurity incident response plan is...»
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