Insight Category: Cybersecurity

Cybersecurity should be a key focus area when assessing a company in M&A or Divestiture activities. Liberty outlines how we can help minimize cyber risk during these transactions.

Supply chain cyberattacks are increasing. In fact, the growing digital and connected global economy makes it even easier than ever for malicious people to carry out attacks exploiting the trust partners and businesses have for one another. In December 2020, network software developer SolarWinds suffered its biggest security breach. The SolarWinds “Orion” attack was so…

Every business – small, medium, and large – finds itself open to cloud breaches. With outsourcing being a major part and parcel of modern-day business best practices, how can enterprises protect themselves and their clients when doing business with third-party vendors?

Cybersecurity attacks continue to cripple both government agencies and companies.  Cybercrime is projected to cost the world $10.5 trillion dollars annually by 2025. In the United States, an average cost of a data breach is $9.44M with healthcare being hit the hardest.

Companies over the past several years have been shoring up their cybersecurity capabilities and increasing overall security budgets, but Software as a Service (SaaS) providers are often overlooked in these efforts.

Read this article from Reader’s Digest that outlines the ‘8 Places You Should Never Use Free Wi-Fi’ where Liberty Advisor Group’s Armond Caglar is quoted with his perspective.

Recently healthcare data breaches have grown in both size and frequency, with the most significant breaches impacting as many as 80 million people. Medical data can paint an intimate picture of a person’s life, which makes the information particularly valuable to cyber actors looking to exploit victims. As the healthcare industry continues to adopt new technologies, the volume of sensitive data that can be extracted through existing security gaps grows exponentially.

Cybersecurity risk oversight is a major focus for boards and one that will remain front and center on their agendas. In recent years, boards have often underestimated cybersecurity risks, resulting in large breaches with significant costs despite significant investments in defensive technologies.

An athletic clothing design company was looking to strategically select a mix of technologies to power their e-commerce sites while ensuring that protection against cybersecurity threats was top priority. Cybeta’s tools were used for a technology attack chain analysis, yielding an objective and predictive measure of how each layer of the e-commerce platform would perform as a stack. The right mix of technologies optimized breach likelihood, return on investment, and potential breach damages.

There are numerous applications for blockchain in cyberspace – all of them capitalizing on the fundamental security provided by decentralization and data immutability.