Embracing a team sport philosophy unlocks strength in numbers through universal alignment across the hybrid attack surface, paving clear pathways to a stronger security posture that enables organizations to work protected. The firm also provides anti virus protection services including malware, spyware, intrusions, unwanted applications, spam and policy abuse. Once the risk profile is established, construct a robust security architecture that addresses its exposures based on its level of quantifiable risk. This maximizes protection around key areas of the business to avoid costly disruptions and operational downtime.
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This heightens the importance of adopting reliable email and collaboration security solutions that surround business communication channels with continuous protections and real-time detection and response capabilities. The products must be scalable to fit the evolving needs of the organization, as well as fully functional with other security tools and third-party integrations to promote actionable threat intelligence sharing and data-driven decisioning. Companies can’t afford a poor security posture that places their wider business ecosystem employees, customers, partners, investor—and supply distributors alike—in the crosshairs of attacks or stringent regulatory penalties.
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As a result of such risks, uncertainties and factors, Mimecast’s actual results may differ materially from any future results, performance or achievements discussed in or implied by the forward-looking statements contained herein. Mimecast is providing the information in this press release as of this date and assumes no obligations to update the information included in this press release or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Now more than ever, cyber risk is a fundamental business risk for the modern enterprise, and it’s imperative to design security architectures accordingly.
- Knowledge is power in this case, so ensure employees are equipped with continuous training and simplified resources for identifying email-borne threats.
- Carbonite, Inc. engages in the provision of cloud and hybrid backup solutions for consumers and small and medium sized businesses.
- Mimecast intends all such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995.
- Without interconnected tools and technologies combining the fundamental functions of security into a single meshed framework, it’s nearly impossible for organizations to protect data across its lifecycle and emerge victorious over their malicious opponents.
- When it comes to cybersecurity, a tech leader’s most important role may be in sharing their knowledge about best practices with the whole team and ensuring those practices are followed.
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By the time you finish reading this article, it’s likely that someone within your organization will have been targeted by a social engineering attack. The average cost of a data breach ballooned to a record-high $9.4 million in 2022, but the ripple effects of a single successful attack often linger long after operations are restored. A cyber incident exposing sensitive customer data, for example, can significantly diminish a brand’s reputation years into the future, potentially resulting in steep declines in YoY revenue. More than 60% of consumers said they would lose trust in their favorite brand if it disclosed personal information to a spoofed version of its website. Furthermore, according to the same report, 57% would stop spending money on their favorite brand altogether after falling victim to an impersonation attack of that brand. With more unstructured data to protect and compliance regulations to meet, organizations cannot afford friction or anomalies when it comes to data governance.
Key findings from Mimecast’s 2022 State of Email Security Report illustrate the severity of the situation at hand. According to the report, which commissioned an independent survey of more than 1,400 global cybersecurity professionals across 12 sectors, approximately 75% of companies were struck david raissipour by a ransomware attack in 2021, representing a nearly 15% increase from 2020. Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation.
New Workforce Trends Intensify Cyber Risks For Businesses: How Smarter Cyber Training Can Help
Email-driven attacks have been expanding in volume and velocity ever since the widespread adoption of hybrid work environments at the onset of Covid-19. Safeguarding the company’s invaluable digital assets can’t be the work of a CTO, CIO or CISO alone. It’s often said that people are the weakest link in any organization’s cybersecurity posture, but with careful planning and training, it may be possible to make them the strongest link.
A deep library of API and third-party integrations is the third component of the team sport approach. For a simplified example, envision the various components of a high-octane NFL offense built around an elite quarterback. If his offensive line can’t protect him in the pocket, he won’t have enough time to work through his reads and find the open receiver.
Also, ensure that clear KPIs are in place, and then continuously monitor and adjust the architecture as needed with input from the C-suite and board. This heightens the importance of prioritizing tool adoption that addresses the specific vulnerabilities of a hybrid attack surface. Is it interoperable with other systems to enable real-time threat intelligence sharing and end-to-end visibility?
According to a Senior Security Manager in the medical equipment and supplies industry, Mimecast Cloud Archive is a “Brilliant product all round and the security capabilities are next to none. Really user friendly and extremally customizable.” Via Gartner Peer Insights™ where Mimecast Cloud Archive has an overall rating of 4.6 out of 5 based on 132 reviews as of 27th January 2022. With hybrid structures here to stay, organizations must take proactive steps that further position them to combat these evolving tactics and techniques. Unfortunately, the hypothetical examples above are not mere exaggerations intended to depict a doomsday scenario to scare CISOs. They are clear microcosms of a complex and rapidly evolving cyber threat landscape—real-world occurrences that signify the dangerous environment we live and work in today. Raissipour will report directly to Bauer and will start in his role as CTPO effective June 28, 2021.
And with the growing rate of multi-vector supply chain attacks, companies can’t afford to collaborate with poorly secured external parties that subsequently heighten their own level of risk. Mimecast Cloud Archive is engineered to provide an all-in-one service designed to keep corporate knowledge available and protected while simplifying data management and administration. Customers gain business insights and can create a secure, digital corporate memory while reducing costs and risk for legal and compliance teams. Mimecast prioritizes innovation and over the past 12 months, has added new features to Cloud Archive, including new e-discovery review categories and search criteria, and new supervision advanced lexicons with Boolean search. According to Gartner, organizational cybersecurity spending is on pace to exceed $188 billion by 2023—representing an 11.3% increase from 2021.
It’s a reactionary response to the acceleration of cyber threats amidst rapid digital transformation that, while well-intended, has created a massive tool sprawl problem across industries. On average, companies deploy between 60 and 80 tools in their portfolio, with some leveraging as many as 140. In an evolving threat environment where adversaries seemingly grow more dangerous by the day, cyber risk is no longer just an IT problem—it’s a critical vulnerability that directly influences the health of the collective enterprise. A successful cyberattack can lead to damaging ramifications that are too severe to overlook amid high levels of economic volatility and geopolitical tension across the globe. Most recently Raissipour served as the senior vice president, Sophos Cloud Platform Group & Sophos Messaging Security Group at Sophos.
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