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January 2021

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Data Privacy Day, advice for businesses

According to a Pew Research Center study, 79% of U.S. adults report being concerned about the way their data is being used by companies.

By respecting your consumers’ privacy you’ll increase trust and enhance reputation and growth in your business.

How can you protect customer data:

  1. If you collect it, protect it. Data breaches lead to financial loss, reputational damage and diminishing customer trust. By following reasonable security measures you can keep individuals’ personal information safe from inappropriate and unauthorized access. Only collect personal data for relevant and legitimate purposes and make sure it’s processed in a fair manner.
  2. Consider adopting a privacy framework. Research and adopt a privacy framework in your business to help you manage risk and create a culture of privacy in your organisation. You may find the following frameworks useful:
  3. Conduct an assessment of your data collection practices. Which privacy laws and regulations apply to your business? Make sure you fully understand the requirements and educate your employees of their and your organisation’s obligations to protecting personal information. 
  4. Transparency builds trust. Be open and honest about how you collect, use and share consumers’ personal information. Communicate clearly what privacy means to your organisation and how you achieve and maintain privacy. How would the consumer expect their data to be used? Create design settings to protect their information by default.
  5. Maintain oversight of partners and vendors. If someone provides services on your behalf, you are also responsible for how they collect and use your consumers’ personal information.

Find out more here.

News

Healthcare suffers a 51% spike in web app attacks in response to COVID-19 vaccine

The healthcare sector experienced a surge in web application attacks in December when the distribution of the first COVID-19 vaccines began, according to new data from Imperva.

Attacks increased 51% last month from November, an industry increasingly targeted by cyber-criminals over the past year due to the global pandemic.

Web application attacks are serious weaknesses or vulnerabilities that allow criminals to gain direct and public access to databases with the goal of using the sensitive data within. Many of these databases contain valuable information such as personal data and financial details, meaning they are frequently targeted.

Four specific web application attacks saw the largest increases in December:

1.) Cross-site scripting (XSS) detections
2.) SQL injection attacks
3.) Remote code execution/remote file inclusion
4.) Protocol manipulation attack

How can healthcare organisations reduce web application attacks?

1.) Web Application Firewalls (WAFs): A vital defence for critical applications and data. WAF controls access to web applications using rules designed to recognise and restrict suspicious activity, such as SQLi, XSS and exploitation of vulnerabilities. By continuously updating the rules they are prepared to catch the latest attack and exploitation techniques before they can harm important resources.

2. Vulnerability Scanning and Security Testing: The fact web applications connect external users to data and services easily makes them big targets for attackers. Scanning and testing databases, networks and applications can help find where the vulnerabilities are and how to mitigate them.

3. Secure Development Training: Provide your developers, testers, project managers and architects with the latest information regarding secure software development. Ensure there is a baseline of security awareness so staff can confidently design, build and deploy secure software and applications.

Terry Ray, Imperva, said that 2020 has been an “unprecedented year” of cyber activity, with global healthcare organizations (HCOs) experiencing 187 million attacks per month on average. That’s almost 500 attacks per HCO each month, a 10% increase year-on-year.

The US, Brazil, UK and Canada were the top countries targeted last year.

Ray believes that Healthcare’s reliance on third-party applications to save time and money may have exposed them.

“While there are sometimes business advantages to third-party applications, the risks include: patching only on the vendor’s timeline, known exploits that are widely publicized and constant zero-day research on widely used third-party tools and APIs.”

Ray also highlighted how exploiting web application vulnerabilities is the most common cyber attacks directed at healthcare organisations.

“Reliance on JavaScript APIs and third-party applications creates a threat landscape of more complex, automated, and opportunistic cybersecurity risks that are increasingly challenging for all organizations to detect and stop. And while ransomware attacks commonly land healthcare organizations in the news, it’s only the vulnerable application front-end to all healthcare data that experiences the variety and volume of daily attacks noted above.”

In just the first three days of 2021, Imperva saw a 43% increase in data leakage.

Cyber Threat Alert

5 Cyber Threats You Will Encounter In 2021

Here are our predictions for 2021 based on statistics collected from 2020.

We warned of ransomware, phishing and remote worker security last year but they won’t be disappearing from our top threats any time soon.

Newcomers AI-driven threats and Cloud threats grow as we rely on these services more and more.

Find our article on the top cyber threats of 2020 here.

Prevention and detection are key to avoiding these cyber threats.

Insurance is necessary but shouldn’t be your only line of defence. Actions need to be taken to help avoid cyber attacks in the first place.

We provide prevention and detection tools with our insurance in the hope you never have to experience a cyber attack. But if the worse should happen we will be there to help you fix it.

Learn more by checking out our in depth articles on some of the cyber threats:

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