The significant upheavals of the last couple of decades, such as the global recession and the COVID-19 pandemic, have demonstrated that firms will suffer severe setbacks if their supply chains are not resilient. An entire supply chain becomes vulnerable if one component is exposed to risk, just like a house of cards will topple if…
Global events, such as recessions and pandemics, create enormous social and economic challenges that impact organizations and their management. From employee and customer satisfaction to financial difficulties, supply chain disruption, and skyrocketing cyberattacks, top-level management oversees many concerns. As business owners aim to address multiple challenges that may threaten their organizations’ success, resilience is a trending buzzword….
The COVID-19 pandemic threw multiple challenges at the healthcare industry. First, the sector saw a steep increase in demand, leading to the collapse of health infrastructures in different parts of the world. What’s more, the industry experienced an unprecedented cybercrime surge. According to a report, the most attacked sector in 2020 was healthcare, and experts…
The overall technology landscape is evolving at a breakneck pace. While these changes are meant to improve the quality of life, the unfortunate flip side is increased cyber threats. This is why global cybersecurity spending increased from nearly $40 billion in 2019 to $54 billion in 2021. Unfortunately, due to a lack of personnel or…
Although ransomware has long been a serious concern for business owners worldwide, the COVID-19 pandemic has created new opportunities for this threat to flourish, and the attack vector is likely to become even more dangerous in the coming years. According to a report, 304 million ransomware attacks occurred globally in 2020, affecting over 65% of…
The healthcare industry has been going through a difficult phase. While the COVID-19 pandemic overwhelmed health infrastructures across the globe, cyberattacks targeting the industry are skyrocketing. In 2020, healthcare was the worst affected industry by cybercrime. Experts suggest that this trend will continue into 2021 and beyond. Therefore, this is a reminder for organizations to…
From a hybrid workforce perspective, data hygiene aims to structure information and eliminate dirty data from your network. It involves the implementation of sound policies to check records for accuracy and the removal of errors. Data hygiene is vital for businesses because if you base your decisions on dirty data, it could lead to undesirable…
4 Reasons Cyber Security Attack Surfaces Are Expanding