Cybersecurity Vulnerability

The SEC Has Announced Charges Against Deficient Cybersecurity Procedures

August 31, 2021

On this day, August 30, the Securities and Exchange Commission (SEC) has sanctioned multiple firms in three actions for failures in both cybersecurity policies and procedures. These failures resulted in large data breaches, causing thousands of email account takeovers for clients and customers. These sanctioned firms have agreed to settle the charges. In one instance,…

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Market Spotlight: Secure Your Third-Party Relationships with Drawbridge

August 27, 2021

In modern times, further scrutiny has been placed on third party groups with regards to a firm’s cybersecurity. As more possible breaches are discovered through a lack of third-party vendor due diligence, it has become a point to properly equip firms with the tools needed to fend off and eliminate these potential threats. Vendors attached…

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Cyber Security News: What the Senate’s $1.9 Billion Towards Cybersecurity in New Infrastructure Package Means

August 21, 2021

In the ever-changing and constant field of cybersecurity, its emphasis in world affairs has never been more important. The Senate has recently allocated, as part of a $1 trillion infrastructure package, $1.9 billion for national Cybersecurity. The importance of this cannot be understated, as legitimate fears of cyber attacks have only been increasing throughout the…

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Service Spotlight: Office 365 Assessment and Security from Drawbridge

July 23, 2021

Microsoft Office 365 can be an imperative tool to your business and the efficiency at which you run it. Many businesses rely on its features, such as its OneDrive cloud storage, easy installation on numerous devices, and the latest versions of Office apps. If you’re one of the businesses that use Office 365, you might…

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Market Spotlight: Cyber Protection for Allocators

July 20, 2021

Allocators need a specialized level of confidence that their assets and information are safe with the managers they invest in. With recent developments in cyber threats, it can be hard for an allocator to continuously ensure the security of themselves and their counterparts. Allocators require more than a generic cybersecurity platform to maintain the safety…

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Kaseya Cyber Attack

Cybersecurity News Cycle: The Kaseya Cyber Attack Compromises the Security of Up to 1,500 Businesses

July 19, 2021

There is growing evidence that cyber attackers are only becoming stronger and better at what they do. As the cybersecurity landscape evolves to meet these new challenges, so do hackers, who evolve their own cyber threats and attacks. Last week’s Kaseya cyber attack compromised the security of around 1,500 businesses and organizations globally, including the…

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Cyber Risk Assessments

Service Spotlight: Cyber Risk Assessments with Drawbridge

July 16, 2021

In order to best protect your business and organization, you need to continuously check and update your cybersecurity program to ensure it is protecting and managing confidential data correctly and prudently. The first step is assessing the cyber risks your organization faces with Drawbridge’s Cyber Risk Assessments. Risk assessments are used to identify, estimate, and…

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Cybersecurity Program Management

Service Spotlight: Cybersecurity Program Management from Drawbridge

July 13, 2021

Cyber attacks and other digital risks continuously threaten every aspect of the security of your business, including business continuity, operational resilience, revenue, brand and reputation, and customer relationships. In order to protect the interests of your clients, partners, investors and vendors, your firm must have a comprehensive cyber program in place, no matter what type…

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Cybersecurity News Cycle: Hackers Going After Physical Infrastructure with Ransomware Attacks

July 12, 2021

We have seen it with government agencies, private companies, and more recently, the Colonial Pipeline and major meat producer JBS USA. Cyber threats are more prominent than ever, and they are targeting companies both big and small. Cybersecurity can be overwhelming, especially when you are scrambling to protect your firm in light of recent occurrences.…

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Kaseya Ransomware Update

Kaseya Ransomware Update

July 6, 2021

Beginning on Friday, July 2nd, 2021, reports started to come in of a large-scale attack on the software used by 1000’s of Managed Service Providers and IT Teams. Kaseya is used by these teams to provide remote assistance to desktops, laptops, servers, and other endpoints. Kaseya VSA on-premise appears to be the sole product affected…

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