Cybersecurity Must Be Top of Mind in the C-Suite

Data security breaches are no longer just an IT problem—they’re a C-suite problem. By now this should be obvious to everyone. Today’s advanced hackers — including cybercriminals, nation states, hacktivists and malicious insiders—are perpetrating ever more targeted, dangerous and frequent attacks. And the cost of these attacks is growing fast. The average total cost of a breach was $4 million in 2016, up 29 percent since 2013. And yet security is still not top of mind in the C-suite. Too many CEOs still consider security breaches merely a cost of doing business — rather than a serious threat to their…

Infosecurity Europe 2017: Workplace Distraction Is a Major Security Risk, So What Can We Do About It?

From Yahoo to TalkTalk, and Wonga to Kmart, wherever you look today data breaches dominate the headlines. In fact, organisations are urged to assume it’s a case not of “if” but “when” they’re hit, and plan accordingly. The repercussions could be disastrous: a recent Centrify study revealed that on average share prices tumble 5% following a breach, with a third (31%) of customers discontinuing their relationship with the affected firm. But where do these breaches stem from? Human error has long been pegged as a major contributing factor, so we decided to take a snap poll of attendees at Infosecurity…

Time to Ditch Passwords: Taking the Centrify Message to Infosecurity Europe

London Olympia will again be the venue this week as experts from around the world flock to the capital for the annual Infosecurity Europe show. With over 13,000 visitors expected over the three days, this is one of the biggest industry events around. Centrify will be there on Stand C65 to share why we think our range of advanced identity services are the only way IT leaders can secure their hybrid enterprise against modern threats. Attendees also have a great opportunity to hear first-hand from customer Remy Cointreau on the challenges of becoming a more secure and agile organisation through…

Joining the Dots to Better Breach Prevention: A Centrify Roundtable

The volume and frequency of data breaches seem to have hit a new high in recent months. But away from the sensational headlines, do we really know what the impact of such incidents can be on the victim organisation’s reputation and bottom line? Centrify recently commissioned the Ponemon Institute to shine a light on exactly this area — interviewing CMOs, IT practitioners and customers — and uncovered some fascinating findings. Not only do UK firms on average see a lasting share price slump of 5% following a breach, but many IT and marketing professionals are profoundly divided –from each other…

Impact of Data Breaches on Reputation & Share Value (Hint: it’s HUGE)

Effective cyber risk management starts with the C-suite and belongs in the boardroom Wow, this last Friday and over the weekend we have heard about the massive cyber attack infecting thousands of organizations with ransomware in over 75 countries. In Britain, dozens of hospitals and National Health Service providers were crippled. While the ransomware was only demanding $300 worth of bitcoin the impact of the attack saw thousands of appointments canceled, phone lines down and patients turned away. Today, a brand new Ponemon study, sponsored by Centrify, was released and examines the impact of data breaches on reputation and share…