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Banks are a prime target for cybercriminals.

In fact, the typical financial services business in America gets attacked more than a billion times a year, according to PayPal CEO Dan Schulman.

That’s more than 7,600 threats every minute.

Compare that to the typical American business, which faces about 4 million attacks a year.  

This alarming trend is why banks must be regularly audited.

Healthcare is one of the most targeted sectors for cybercriminals.

In fact, almost every one in five claims from 2013-2017 was in the healthcare sector, according to NetDiligence’s 2018 Cyber Claims Study.

That’s why following HIPAA requirements is so important.

More than half of all cyberattacks result in financial damages of more than $500,000, according to the Cisco 2018 Annual Cybersecurity Report.

Damages from ransomware, in particular, have increased 15-fold—a report from Cybersecurity Ventures found that costs shot up from $325 million in 2015 to $5 billion in 2017.

The steep costs associated with ransomware require us to understand what ransomware is and how an attack could affect your organization.  

Do you know how much your account information is worth to criminals?

You might be shocked to find out that credentials you believe are incredibly important only fetch $10-20 on the dark web.

What’s worse is how much financial damage stolen data could cost you later on.

These thieves are taking part in credential theft, a market expected to exceed $18 billion by 2024.

Let’s find out more about credential theft and how to protect yourself against it.

If your business is a financial or healthcare institution, or you accept credit cards, you may want to pay close attention as there are a number of regulatory updates in store for 2019.

Let’s take a look.

One of the core elements of securing your company’s network is a firewall.

Firewalls control network traffic flow by determining whether to accept or discard a packet that passes through it based on predetermined security rules.

There’s a good chance that you’ve probably heard the headlines before:

Don’t let the people on the dark web get ahold of your information.

The dark web is a mysterious place.

You can protect your information against appearing on the dark web.

It turns out that all of these statements are scare tactics.

Spoiler alert: Your information is probably on the dark web.

The good news is that you can take action to prevent that information from being useful.

Malware. A data breach. Viruses.

These are just a few of the cybersecurity threats that lurk near your business, waiting to cost you money and damage your reputation.

One can get a glimpse at how serious a security event is by knowing whether the event must be reported to anyone.

Even though it’s more than a year away, now is the time to think about moving away from Windows Server 2008.

Microsoft has announced Jan. 14, 2020, as the end-of-life date for Windows Server 2008 and 2008 R2.

Let’s take a look at what the term “end of life” means and how you can migrate your business to a more secure server.

Start digging around about how to protect your data, and you’ll be soon drowning in a mix of apps, websites, and vocabulary terms that are difficult to understand.

Instead, simplify the process.

Here is a list of seven ways to safeguard your data.