Tag: Knowledge | SpinSafe

The Data Center Ransomware Attack That Costs You Everything | Data Center Knowledge

September 1, 2023/in Internet Security

I work closely with our editorial team here at DCK, and we often throw ideas around as to what to cover. It’s not often that a topic of conversation breaks my heart.

When discussing security in the data center, we often discuss physical security, gates, fences, and biometrics. We also discuss cybersecurity, infrastructure segmentation, proper network security, and isolation. But I always wonder how many folks here take these little golden nuggets of wisdom and apply them.

In a recent post on DCK, I dove into physical security because, for the very first time, our AFCOM State of the Data Center 2023 report saw multiple types of physical human threats emerge into the top five of the biggest threats against critical infrastructure. Today, we focus on what topped that list — ransomware.

And I’ll fill you in on a little secret. It’s not the first year that ransomware was at the top of the charts. For the seventh year in a row, and surprising no one reading this, ransomware hit the top of the list. Remember, every connected device is a target as it relates to data. When asked to indicate the top five security and infrastructure threats to their companies, respondents were by far more likely to mention ransomware (52%), followed by loss of PII (39%) and outside human threats (39%).

All of these security threats can create downtime. And that quickly becomes costly. According to the Uptime Institute’s 2022 Outage Analysis, the consequences and cost of downtime are worsening, with 60% of failures now resulting in at least $100,000 in total losses. They also found that when significant outages happen, over 85% of the incidents stem from staff failing to follow procedures or flaws in the processes themselves.

Data Center Outage Math

But what happens when it’s not just downtime? What happens if a ransomware attack costs you everything?

After a devastating ransomware attack, that’s precisely what happened to a Danish cloud provider.

The ransomware encryption attack that cost CloudNordic everything

On the night of Friday,…

Source…

IMEI | 🔍📱| #viral #shorts #technology #learning #knowledge

June 20, 2023/in Video

Improved knowledge is important to addressing cyber crimes

May 30, 2023/in Internet Security

BY LORRAINE WOHI

Lack of people with knowledge on how to deal with cyber threat intelligence is an issue that needs to be addressed in PNG and rest of the Pacific Island nation.

APNIC Senior Internet Security Specialist, Adli Wahid speaking at the 27th PITA conference in Port Moresby said in most cases many of the organisations are struggling not with the issue itself but with people who are dealing with these issues.

Cyber threat intelligence refers to data that is collected, processed, and analyzed to understand a threat actor’s motives, targets, and attack behaviours.

Mr Wahid said in most cases, organisations lack people including security engineers, security practitioners who are quite new to the field and they are playing catch-up on different areas.

He spoke on three main areas which include insights on how organisations prepare to question and identify why and how ransomware occur in an effort to improve cybersecurity, to better define and provide awareness.

“Cyber security intelligence is about people.

“The bottom line is getting the people to be informed in discussion and talking about it.

All of you need to ask each other how does the security teams or the security engineers heard information about threat and is there something we can do to collaborate together.

I think this is where organisation needs to put profit aside and see if there is a common goal in defending the organisation in the Pacific region as well as in the niche economic so that you can bring people together,” Mr Wahid said.

Discussions on cyber security is one of the key topics of discussion that has and will be discussed at the four days annual general meetings for the Pacific Islands Telecommunication Association (PITA) at Hilton , Port Moresby.

Source…