The healthcare sector is increasingly facing cyber-threats with ransomware and hacking at the forefront. In the last five years, there has been a staggering 256% rise in significant hacking-related breaches and a 264% surge in ransomware incidents reported to the U.S. Department of Health and Human Services (HHS) Office for Civil Rights (OCR). Hacking alone

The frequency of class actions related to data breaches has significantly increased, with no indication that this upward trajectory will plateau. This raises the question: Are there more efficient alternatives to settling these disputes in the public eye of the courts? Moreover, is it possible to mitigate the financial burden associated with these legal battles?

Ransomware attacks that shut business down to zero and data breaches that disclose the personal information of customers, vendors and employees justifiably strike fear in the hearts of executives everywhere. Organizations can suffer the reputational and financial consequences of these events for years to come. Due diligence in the current regulatory environment requires a plan

For many, responding to an incident feels chaotic — questions swirling, uncertainties piling up, and no clear direction. Even when prepared with a well-rehearsed incident response plan, a data security incident places a company’s response team in a precarious situation of juggling numerous variables at once. In the chaos of determining whether a breach has

The construction sector is known for its perennial pursuit of efficiency, quality, and safety. In recent years, one of the tools the sector has started leveraging to achieve these goals is predictive maintenance (PM), specifically the implementation of artificial intelligence (AI) within this practice. This approach, combined with continuous advancements in AI, is revolutionizing the

As cyber threats have evolved and expanded, cybersecurity has emerged as a threat to organizations across sectors, and there is more urgency than ever for companies to remain vigilant and prepared. Cybersecurity incidents can come with legal implications and lead to substantial financial losses, and members of the board must increasingly be involved and knowledgeable

In an era where our lives are ever more intertwined with technology, the security of digital platforms is a matter of national concern. A recent large-scale cyberattack affecting several U.S. federal agencies and numerous other commercial organizations emphasizes the criticality of robust cybersecurity measures.

The Intrusion

On June 7, 2023, the Cybersecurity and Infrastructure Security

Federally insured credit unions are now required to report a cyber incident to the National Credit Union Administration (NCUA) Board within 72 hours. This final rule was unanimously approved by the NCUA on February 17, 2023 and will take effect September 1, 2023 – giving credit unions just over 6 months to update their data