DATA SECURITY

Malicious actors in the hospitality industry reserving their cyber attacks

tripwire | January 31, 2021

Digital assaults that lead to information penetrates are getting progressively basic in all ventures, yet there are particular kinds of organizations that are more helpless than others. The cordiality business specifically is perhaps the most probable enterprises to be focused by cybercriminals notwithstanding retail and account.

It just bodes well that the movement business would be a particularly tempting objective for malevolent entertainers. All things considered, what number of businesses do you are aware of that save duplicates of full lawful names for reservations, relate with their clients by means of email for affirmations and store Mastercard data for quite a long time or even a very long time ahead of time before a forthcoming stay? Add this to the way that cybercrime has risen definitely since the pandemic hit. It's not difficult to perceive any reason why; 78% of network safety experts at organizations have been taking extra protects this year.

In this article, we will talk about the huge danger confronting travel organizations today and stress the significance of utilizing advancements that eliminate hazards and secure put away delicate information. We'll additionally address how travel organizations can deal with fix their digital protection conventions and guarantee clients that their data is protected.

Spotlight

It could come tomorrow, or perhaps two years from now. It could arrive in many forms, perhaps as a distributed denial of service attack or malware siphoning off company secrets. Whatever its shape or nature, the first question is not whether an enterprise-threatening incident will come, but instead when.


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SOFTWARE SECURITY

Thrive Integrates SOAR Technology into their Security Operations to Enhance Real-Time Cyber Threat Detection

Thrive | May 20, 2022

Thrive, one of the leading Managed Security Services Providers (MSSPs) in the world, has made a significant investment to upgrade their 24x7x365 eyes-on-glass Security Operation Center (SOC) by integrating a Security Orchestration, Automation, and Response (SOAR) engine. The SOAR capabilities will enable the Thrive global security team to better navigate today's complex, risk-laden environment for clients via tool aggregation and coordinated response, unified operations, reduced alert fatigue, and Artificial Intelligence (AI). This will result in a significant reduction of incident response times for client threats and provide higher quality information for the Thrive SOC to combat intricate cyber risks in real time. By 2025, the amount lost to cyber theft is expected to reach $10.5 trillion annually, which is the single greatest transfer of wealth in history, according to a report from AT&T. These glaring statistics indicate why cybersecurity has become imperative in the world of commerce. "Cybersecurity threats and vulnerabilities are constantly multiplying, due to not only more sophisticated social engineering but also a rise in micro-ransomware incidents, That means vigilance against attacks of all kinds must also evolve. Incorporating a SOAR into our robust global security operations unit will allow Thrive clients to have a stronger defense system in place against cybersecurity attacks and enable our team to respond more expeditiously to any issues should they arise." Mike Gray, CTO of Thrive Thrive's integrated managed cybersecurity solutions provide a proactive and expert approach to security management for identifying and remediating security issues. Powered by next-gen technology, proven frameworks and service-driven experts, Thrive's unified cybersecurity platform enables Thrive's 24x7x365 SOC to automatically address critical security issues without client intervention. By creating a stress-free experience that solves for the technical complexity and talent shortage mid-market enterprises face, Thrive's cybersecurity solutions fortify the digital transformation initiatives that propel business growth. About Thrive Thrive is a leading provider of NextGen managed services designed to drive business outcomes through application enablement and optimization. The company's Thrive5 Methodology utilizes a unique combination of its Application Performance Platform and strategic services to ensure each business application achieves peak performance, scale, uptime, and the highest level of security.

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DATA SECURITY

Wipro to Acquire Edgile to Strengthen its Leadership in Strategic Cybersecurity Services

Edgile | December 24, 2021

Wipro Limited, a leading global information technology, consulting and business process services company, today announced it has signed an agreement to acquire Austin, Texas headquartered Edgile, a transformational cybersecurity consulting provider that focuses on risk and compliance, information and cloud security, and digital identity. Edgile is recognized by security and risk leaders for its unique business-aligned cybersecurity capability, deep understanding of the changing regulatory environment and enabling cloud transformations that help secure the modern enterprise. In addition, the company’s “strategy-first” approach and “Quick Start” solutions will allow the combined entity to deliver enhanced value in strategic cybersecurity services. Together, Wipro and Edgile will develop Wipro CyberTransform™, an integrated suite that will help enterprises enhance boardroom governance of cybersecurity risk, invest in robust cyber strategies, and reap the value of practical security in action. In collaboration with an extensive roster of alliance partners from Wipro and Edgile, Wipro CyberTransform™ will enable organizations to accelerate their digital transformation and operate in virtual, digital supply chains all in a highly secure manner. “Adding Edgile’s strategic consulting capabilities and launching Wipro CyberTransform™ are significant milestones on our journey to becoming the trusted partner to security leaders and boardroom stakeholders. I see the team blending very well with Wipro’s CyberSecurists to deliver transformational cybersecurity on a global scale.” Tony Buffomante, Senior Vice President & Global Head – Cybersecurity & Risk Services, Wipro Don Elledge, Chief Executive Officer, Edgile, said, “We are immensely thrilled to join Wipro, a company we admire for its values and deep technology capabilities. Our collective full spectrum of cybersecurity risk consulting and security management capabilities will help our global customers to continue to securely embrace their digital transformation journey and sustain their on-going risk management priorities.” Earlier this year, Wipro strengthened its cybersecurity business by acquiring Ampion, a leading provider of cybersecurity services in Australia, and the cybersecurity practice at Capco, a leading consultancy in the BFSI sector in Europe and the US. Additionally, through its Wipro Ventures arm, the company continues to invest in innovative cybersecurity start-ups, demonstrating the firm’s strong commitment towards providing industry leading cybersecurity solutions across sectors and regions. Abry Partners, a minority private equity investor in Edgile, will fully exit its investment in Edgile as a result of this transaction. Piper Sandler acted as financial advisor to Edgile and Stone Key Partners LLC acted as financial advisor to Wipro for the transaction. About Wipro Limited Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 220,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future. About Edgile Edgile is the trusted leader in cybersecurity transformation and risk services partnering with the world’s leading organizations, including 31% of the Fortune 100 and 20% of the Fortune 500. Our strategy-first model optimizes today’s enterprise journey to the cloud and modernizes identity and security programs through a risk lens and expert compliance knowledge. We secure the modern enterprise by transforming risk into opportunity with solutions that increase business agility and create a competitive advantage for our clients.

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ENTERPRISE SECURITY

M.C. Dean launches Enterprise Security SaaS

M.C. Dean | March 25, 2022

M.C. Dean, a leader in cyber-physical solutions and systems integrator for enterprise-class security systems, today announced the launch of its Enterprise Security software as a service (SaaS) on AWS commercial and GovCloud. "Our Enterprise Security SaaS offering provides integrated access control, intrusion detection, and video surveillance managed services with the ease, flexibility, and resiliency of the cloud." Eric Dean, M.C. Dean chief technology officer M.C. Dean's fully managed Enterprise Security SaaS runs on high availability AWS Cloud with leading commercial-off-the-shelf security systems combined with 24x7x365 service monitoring and customer support. The service supports web-based and client software access with enterprise-level system integrations such as single sign-on and standard or custom options. Flexible & Resilient: Benefit from cloud-enabled system self-restoration and managed database capabilities. Automated deployments can build and rebuild systems within seconds. Active directory integrations provide secure, seamless access. Take advantage of centralized support for low-cost, high-performance nationwide installation and maintenance. Highly Secure: Enterprise Security SaaS is designed to meet FedRAMP, FICAM, and other industry requirements. Keep application data separate and secure while accelerating cybersecurity authorizations for commercial and government clients. Time & Cost Effective: Replace costly CapEx with utility-based pricing and immediate availability. Streamline setup costs and timelines, while reducing the price per site and device. About M.C. Dean M.C. Dean is Building Intelligence®. We design, build, operate, and maintain cyber-physical solutions for the nation's most recognizable mission-critical facilities, secure environments, complex infrastructure, and global enterprises. The company's capabilities include electrical, electronic security, telecommunications, life safety, automation and controls, audio visual, and IT systems. M.C. Dean is headquartered in Tysons, Virginia and employs more than 5,100 professionals who engineer and deploy automated, secure, and resilient power and technology systems; and deliver the management platforms essential for long-term system sustainability.

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DATA SECURITY

SecurityScorecard Research Reveals Cyber Vulnerabilities Pose a Threat to U.S. Maritime Security

SecurityScorecard | December 21, 2021

SecurityScorecard, the global leader in cybersecurity ratings, today released a new report on the U.S. shipping industry, "Proactive Security Measures for Global Maritime Shipping." The research found that high severity cyber vulnerabilities pose a big risk to U.S. maritime security, especially ahead of a busy holiday season. In December 2021, SecurityScorecard conducted an analysis of the cybersecurity health of 100 global shipping container companies compared to the Forbes Global 2000 companies, finding that: Overall, the cybersecurity risk posture of the shipping industry was better than the Forbes Global 2000, but the shipping industry did not perform higher in every risk group factor The largest risks to the sector include vulnerabilities in application security, irregular patching cadence, and network security Data breach percentages for shipping container companies increased from 2018 through 2021, indicating that the industry may be an increasingly attractive target for malicious cyber actors during the 2021 winter holiday season Shipping container companies initially did better than the Forbes Global 2000 until April 2020, when high-profile attacks sank the industry average. Since mid-2020, shipping container companies have continued to struggle to build resilience in their cybersecurity and have not yet returned to their pre-2020 breach scores. Global supply shortages and shipping disruptions brought on by the COVID-19 pandemic pose a threat to U.S maritime security and threaten to disrupt the holiday gift-giving season. The maritime shipping network, which is responsible for 90% of the global trade, has gone from being a fast and cost-effective system to one plagued by delays, clogged shipping lanes, and exorbitant prices. "The shipping and maritime industry is already strained and taxed by the pandemic and resulting supply chain backlog,A potential cyber incident in the shipping industry could have catastrophic effects on people and businesses all across the world. This research is a key indicator that the industry should continue to keep a focus on cyber resilience through continuous monitoring." Aleksandr Yampolskiy, CEO and co-founder of SecurityScorecard SecurityScorecard continuously monitors millions of entities world-wide, and non-intrusively assesses their security posture across ten risk categories, including DNS health, IP reputation, web application security, network security, leaked information, hacker chatter, endpoint security, and patching cadence. This instantly delivers an easy-to-understand "A" through "F" security rating. About SecurityScorecard Funded by world-class investors including Silver Lake Partners, Sequoia Capital, GV, Riverwood Capital, and others, SecurityScorecard is the global leader in cybersecurity ratings with more than 12 million companies continuously rated. Founded in 2013 by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh, SecurityScorecard's patented rating technology is used by over 25,000 organizations for enterprise risk management, third-party risk management, board reporting, due diligence, and cyber insurance underwriting. SecurityScorecard continues to make the world a safer place by transforming the way companies understand, improve and communicate cybersecurity risk to their boards, employees and vendors. Every organization has the universal right to their trusted and transparent Instant SecurityScorecard rating.

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Spotlight

It could come tomorrow, or perhaps two years from now. It could arrive in many forms, perhaps as a distributed denial of service attack or malware siphoning off company secrets. Whatever its shape or nature, the first question is not whether an enterprise-threatening incident will come, but instead when.

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