Is Your Business Prepared for a Cyber Attack?

In this edition of Cyber Files, we explore why organizations of all sizes are in the crosshairs of cybercriminals and the proactive measures you can take to protect your business.

The Reality Check

Cybersecurity isn't just a tech issue; it's a business imperative. Large enterprises often face a staggering 40% impact from cyber extortion, while 60% of small and medium enterprises (SMEs) that suffer a cyber attack go out of business within six months.

You might think, “It won’t happen to us; we’re too big (or too small).” That’s a dangerous mindset. Cybercriminals target businesses across the spectrum, exploiting vulnerabilities in both large organizations and SMEs alike.

So, how can you combat these threats? The answer lies in proactive security measures like Continuous Threat Exposure Management (CTEM).

Unlike traditional security approaches that react after an attack, CTEM continuously assesses your security posture, identifying vulnerabilities before they can be exploited. This proactive approach provides real-time visibility, prioritizes risks, and allows for swift responses to emerging threats.

Investing in such measures isn’t just an expense; it’s essential for safeguarding your reputation and customer trust.

To emphasize the urgency of adopting such measures, let's take a look at some of the most pressing vulnerabilities and incidents from September.

Understanding real-world incidents can highlight the importance of proactive measures:

• Microchip Technology, a leading semiconductor company, has confirmed a ransomware attack that resulted in...read more ➔

• The news about a data breach at Avis Budget Group, a car rental giant, has revealed that the personal information of over 299,000...get the full scoop ➔

• The transportation industry has been facing a wave of cyberattacks in recent times. These attacks have specifically targeted...read the full story ➔

Here are the top Common Vulnerabilities and Exposures (CVEs) you should watch out for:

• CVE-2024-43491 | Microsoft Windows Update Remote Code Execution Vulnerability

CVSS Score: 9.8

• CVE-2024-38194 | Azure Web Apps Elevation of Privilege Vulnerability

CVSS Score: 8.4

• CVE-2024-37341| Microsoft SQL Server Elevation of Privilege Vulnerability

CVSS Score: 8.8

• CVE-2024-38018 | Microsoft SharePoint Server RCE Vulnerability

CVSS Score: 8.8

1. Is Vulnerability Scanning Enough for Organizations in 2024? Discover what the future holds for vulnerability scanning and whether your current strategy is up to the challenge! Read here

2. Top 5 Vulnerability Management Mistakes Companies Make (Plus a Bonus Mistake to Avoid) Learn about the pitfalls that could cost you dearly—and uncover the bonus mistake that might be flying under your radar! Read here

3. Decoding the Pentesting Process: A Step-by-Step Guide Unlock the secrets of pentesting and learn how to master the process to strengthen your organization's security posture! Read here

Strobes Platform Feature Updates

• Strobes Enhanced Role-Based Access Control: Dynamic Asset Permissions 

• Strobes Integrates with Azure Repos: Enhancing Code Security

• Enhanced User Access: More Control, More Security with Strobes