Co-working setups are becoming more popular than ever before, especially for the global IT segment. But, this also adds an extra layer of risk for all operations. The fact that multiple organizations are sharing a third-party server for the exchange of information makes the system vulnerable.
For a lot of businesses, data continues to be the most important asset. Due to the cyber threats increasing at such an alarming rate, it’s frightful to imagine the loss that any company would have to incur in case of a data breach.
The FBI has issued a public service announcement alerting businesses about the rise in Business Email Compromise (BEC)/Wire Fraud email attacks. As the cryptocurrency sector has grown, so has the number of frauds perpetrated. Even though these frauds are heinous, there are ways your business can keep your users safe and protected.
Cyber risk normally describes a business’ comprehensive cybersecurity posture. It focuses on determining the risk factors of the business, given the steps it has undertaken to secure itself. At the outset, cyber risk helps in realizing the threats that companies face day in and day out.