Today’s cybercriminals are craftier and more efficient than ever, and data breach costs continue to soar, averaging $4.45 million for 2023, according to IBM. To stay ahead of the criminals, companies must take a multi-pronged, multi-layered approach to cybersecurity. Here are five ways to minimize your risk.

Password expiration notifications are typically met with groans from users. No one wants to trade a familiar password that they can input from muscle memory for one that they have to think up and memorize. But the good news is, many companies are doing away with mandatory password expiration policies, as these policies are no longer necessary or even recommended under today’s cybersecurity best practices.

People often ask me what's on my mind, what I'm working on, and what's "new and exciting." Since I'm not big on social media, this is how I share these things a few times a year.

Artificial intelligence (AI) is transforming the way the world works. From diagnosing diseases and detecting fraud to writing articles and optimizing agricultural crops, the applications of AI are rapidly expanding across all sectors of society. Cybersecurity is no exception. Based on a report by MarketsandMarkets, the global AI in cybersecurity market size is currently valued at $22.4 billion and is expected to swell to $60.6 billion by 2028. Below are ways that AI-powered tools are already impacting the world of cybersecurity.

The transition to hybrid workplaces prompted law firms to embrace the cloud for the mobility and accessibility it provides. But as they contemplate a full transition to cloud-based technologies, some law firms are stubbornly clinging to the perception that the cloud is not as secure as on-premise solutions. This perception could not be further from the truth. In fact, the cloud provides superior cybersecurity.

Desktop as a Service (DaaS) is growing exponentially. Worldwide, the DaaS market is expected to swell from $4.9 billion in 2022 to $18.7 billion by 2032, growing at a CAGR of 21% over the next decade, according to a 2023 report by Custom Market Insights. Companies of all sizes and across all industries are adopting DaaS solutions for multiple reasons, including enhanced flexibility and ease of use, superior security, lower capital expenditures, and instant scalability.  

When it comes to cybersecurity, a strong defense is the best offense. But with the threat landscape constantly evolving and cyber criminals becoming ever craftier, even the best-protected companies are vulnerable to a cyber attack. In addition to implementing multi-faceted protections to prevent a breach, having a detailed cyber breach response plan in the event of a cyber incident is crucial to securing your operations and minimizing the fallout. Cyber breach response plans are unique to each company and must be customized, but below are the main elements of an effective plan. 

In the wake of the pandemic, many companies are decreasing their office footprint. According to a survey published in May 2023 by real estate firm CBRE, 44% of companies have reduced their real estate space over the last three years, and 53% plan space reductions in the next three years, citing the increase in hybrid work, inefficiencies in their portfolio, and a desire to cut costs. For many companies, downsizing their offices also means downsizing their IT infrastructure but without losing access, functionality, or compromising on security. All this is possible with the transition to cloud technologies and DaaS (Desktop as a Service) in particular.

Cyber breaches are alarmingly expensive, costing impacted organizations an average of $4.45 million, according to IBM. Depending on the type and scope of the cyber incident, expenses can range from lost revenues, operational downtime, and reputational damage to ransom payments, remediation costs, and legal fees. Below is a closer look at some of the major consequences of a cyber breach, and how to fortify your system against a potential attack.