The concept of a ‘’unhackable’’ system is unachievable. Perhaps, the most ‘’secure’’ system would be the one without any network connection, but it would nevertheless be vulnerable to physical attacks such as theft. Cybercrime is a global predicament that’s been dominating the news cycle. In 2020, that breach’s average cost was AUD...
Implementing a full-fledged Third-Party Risk Management (TPRM) strategy into your cybersecurity strategy may require a significant investment of various resources. Do you know that even though data breaches take the most significant news coverage when it comes to inadequate TPRM application in cybersecurity, other inherent risks...
In the era of high volume, more complicated cyber threats, organisations rely more than ever on the Security Operations (SecOps) team capability to detect and react to potential threats efficiently. However, when there are a lot of endpoints to monitor as part of growing digital infrastructure, how can organisations ensure that SecOps...
It is openly known that unverified vendors, usually unsuspecting organizations, are increasingly becoming a back-door for cyberattacks on large enterprises. The recent high-profile data breaches that happened through Q4 of 2020 to Q1 of 2021 reinforce the urgent need for large and critical enterprises to implement a robust...
Unverified third-party vendors remain one of the most significant threats organisations face today in protecting their data. Today, large enterprises set aside an investment to a proper Third-Party Risk Management (TPRM) strategy, following a push from various regulatory bodies. This ensures that their vendors meet all the required...
Data breach incidents involving third-party vendors are not something new for the community. However, the rising occurrence of these incidents in the last few years has been alarming. In Singapore alone, there have been three high-profile data breach incidents related to third-party vendors in the first quarter of 2021. The incidents...
One of the main objectives of data protection regulations such as Singapore's Personal Data Protection Act (PDPA) and the European Union's General Data Protection Rules (GDPR) is to ensure that any organisation does not use personal data without the person's consent. As both PDPA and GDPR sets out a list of guidelines for...
How do you manage cybersecurity in a remote-working archipelago nation which consists of more than 17,000 islands? SecOps are finding it challenging to detect and mitigate potential threats across various endpoints
Pandemic-driven Movement Control Order (MCO) in Malaysia has forced organisations to adopt remote working on short notice, despite varying cybersecurity risk awareness levels. This presented SecOps teams with an added complexity to manage security threats on various endpoints.
In the age of digital transformation, adversaries are winning the race in penetrating the cyber defence systems of organisations around the world. According to the IBM Cost of Data Breach Report 2020, a data breach’s average total cost is an astonishing USD 3.92 million. The same report also noted that between 2019 and 2020, there was...