By adopting a Compliance First strategy when choosing solutions and vendors, you can identify those that do not comply with your requirements & eliminate them in order to be prepared for your cyber insurance questionnaires. It also means evaluating your current solutions and vendors and replacing those that cannot...
If you think that your cybersecurity insurance claim will be cleared with no questions asked, think again. While reviewing your claim, your cyber insurance provider will assess whether you took “due care” to protect your business from being compromised by a cyberattack. While having a cyber liability insurance policy is non-negotiable today, you cannot be fully assured that your insurer will...
Cyber insurance (also referred to as cyber liability insurance or data breach insurance) provides coverage for the impact of data breaches and cyberattacks. In recent years, cyber insurance brokerages have begun to recognize that security controls which reduce risk and liability are foundational to every organization's security posture.
Clients have been engaging our team for assistance with cybersecurity insurance renewals with increased frequency, which has raised the question: Why? Is it that...
While cloud computing and services are becoming more and more popular, some industries are hesitant to jump on the bandwagon. Financial technology, or FinTech, is one of them.
Working in FinTech, your #1 goal is to improve and automate the delivery and usage of financial services for banks, equity firms, and other entities within the industry. You work to provide the right technology and process...Cyber threats continue to evolve at a rapid pace, challenging even the most operationally mature firms to properly manage the risks.
Smart company owners know that complacency presents a threat to your business in the best of times. But in our current climate, the velocity and unpredictability of those threats – and opportunities – has increased exponentially. That’s why staying on the cutting edge of cybersecurity has become imperative.
Operating in a digital world comes with the risk of losing everything in a cyber incident. It’s estimated that a ransomware attack takes place every 11 seconds, and our team has observed an increasing number of businesses having their backups targeted in these attacks. So, when bad actors penetrate your environment, how do you go from being a victim of ransomware to a victor of ransomware?
Until early 2020, the oft-heard pushback from legacy security practitioners was that cloud computing could never be as secure as on-premise operations. With the COVID-19 pandemic dramatically and rapidly expanding work-from-home demands, many "cloud naysayers" were forced to adopt at least some elements of the cloud.
Now is not the time to get complacent with your passwords.
This month, it was discovered that SolarWinds, a national IT software and infrastructure company, suffered a devastating data breach. By using a Trojan horse system, cybercriminals were able to infect more than 18,000 companies. While this plot was uncovered in December, in actuality, this siphoning of invaluable company information had been happening since March – undetected.
As news of the SolarWinds Orion security breach continues to develop, the Ascend Technologies security team is closely monitoring updates and evaluating the impact on organizations like yours. This feed will be updated frequently with breaking news and expert insights directly from our Security Operations Centers (SOCs).
Tagged Incident Response, Financial, Alerts, Technical, Energy, Cybersecurity
Though pandemics have occurred throughout history, they are an unprecedented event for modern business. Across the United States in mid-March, many businesses took the lead in requiring employees to work remotely where possible as COVID-19 accelerated across the world. Municipalities and state governments followed shortly thereafter. At that time, we were...
Ascend Technologies is a far cry from your run-of-the-mill managed services provider. Our information technology professionals help business leaders make IT investments with confidence, eliminate cybersecurity threats, meet the needs of the business, and optimize user productivity — making technology the catalyst for business expansion.
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