Navigating cybersecurity can be difficult, especially in a world of uncertainty. In 2020, organizations were faced with a multitude of COVID-19 challenges, including the rapid digital transformation in the healthcare industry, the adoption of a remote workforce, a lack of cybersecurity professionals, and a significant rise in cyberattacks.
Attackers are constantly looking for new ways to get around tools, and solely relying on Endpoint Detection and Response (EDR) and SIEM will not close the gap in mitigating cyber risk and vulnerabilities. Technology alone is not enough to stop some of the top attacks that Pondurance has detected in the first quarter of 2021.
Based on the data we collected and analyzed, we noticed a significant rise in cyberattacks targeting the healthcare industry. Threat actors targeted various health-related sectors, and the rise in telemedicine and work from home gave way for these attackers to craft COVID-19-related phishing emails that advanced ransomware attacks.
Malicious attacks that involve phishing, destructive files, and malware can lead to ransomware — costing organizations upward of $4.4 million per incident. Human error and misconfigurations continue to be leading causes of data breaches that can cost organizations millions to detect, remediate, and pay attackers.
The shortage of cybersecurity talent is a growing pain point for organizations, especially in 2021. To detect and mitigate cyber threats throughout the organization, 24/7 monitoring is critical. Often organizations do not have the budget to employ a staff of about 15 cybersecurity professionals to constantly monitor the critical elements of their digital landscape on a 24/7 basis. Organizations are turning to Managed Detection and Response (MDR) services to fill the gap to improve their cyber risk posture.
According to Gartner, by 2025, 50% of organizations will be using MDR services for threat monitoring, detection, and response functions. The Pondurance 2021 Q1 Quarterly Report shares data collected by Pondurance MDR and Incident Response (IR) teams to provide you with insight into the critical threats within the cybersecurity landscape. Read the report: Pondurance Security Operations Report 2021 Q1.
Product Marketing Manager | Pondurance
Monique is a Product Marketing Manager and has worked in cyber security roles for more than 5 years. Prior to joining Pondurance, Monique worked with Truyo powered by Intel®, specializing in data privacy rights automation and consent management and was a product and channel marketing specialist at SiteLock. Monique has a passion for cyber security and leveraging her knowledge to create better experiences for consumers and businesses throughout their customer journey. Outside of cyber security, Monique loves photography and taking pictures of the beautiful Arizona sunsets and landscape.