Business continuity plans are lagging behind the speed and complexity of modern cyberattacks, according to Eric Schmitt (pictured), chief information security officer at Sedgwick. “In most cases, it is not,” Schmitt said, when asked whether current business continuity frameworks are adapting to today’s cyber threat environment.
He drew a sharp line between business continuity and disaster recovery, noting that many organizations blur the two. “Business continuity is business operations. Disaster recovery is the technical restoration – the nerd side, if you would,” he said.
Read more…
Source: Insurance Business News
Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox
Related:
- DDoS attacks in Q4 2021
February 10, 2022
Q4 2021 saw the appearance of several new DDoS botnets. A zombie network, named Abcbot by researchers, first hit the radar in July, but at the time it was little more than a simple scanner attacking Linux systems by brute-forcing weak passwords and exploiting known vulnerabilities. In October, the botnet was upgraded with DDoS functionality. ...
- Oil terminals disrupted after European ports hit by cyberattack
February 3, 2022
Port facilities in Belgium, Germany, and the Netherlands have been targeted by a large-scale cyberattack, authorities say. Officials say the hack began several days ago and has primarily disrupted operations at oil terminals, preventing tankers from delivering energy supplies. German judicial authorities say they have launched an investigation into suspected “extortion” of oil operators, amid soaring energy ...
- Telehealth: A New Frontier in Medicine and Security
February 1, 2022
Telehealth today doesn’t just involve chatting with a doctor via a video-conferencing application. It’s become an entire collection of rapidly developing technologies and products that includes specialized applications, wearable devices, implantable sensors, and cloud databases, many of which have only appeared in the past couple of years. However, telehealth in its current form began to take ...
- Brazilian Ministry of Health recovers systems over a month after cyberattack
January 18, 2022
After a major cyberattack brought key systems of Brazil’s Ministry of Health (MoH) to a halt, the department has reported all its platforms are back online. According to a statement released by the MoH on Friday (14), most systems have been reestablished following a cyberattack in early December 2021, including ConecteSUS, which holds COVID-19 vaccination data. ...
- Cyberattack shuts down Albuquerque schools; county copes with ransomware incident
January 13, 2022
School officials in Albuquerque, New Mexico have cancelled classes for Thursday and Friday due to a cyberattack. The shutdown took place just days after a ransomware attack hit government services across Bernalillo County. In a statement posted to the Albuquerque Public Schools (APS) website, officials said schools will remain closed “as the district continues to investigate ...
- Maryland officials confirm ransomware attack shut down Department of Health
January 12, 2022
Maryland officials confirmed on Wednesday that state’s Department of Health is dealing with a devastating ransomware attack, which has left hospitals struggling amid a surge of COVID-19 cases. In a statement released on Wednesday, Maryland Chief Information Security Officer Chip Stewart said the attack began on December 4 and crippled their systems. “We have paid no extortion ...