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Due diligence is a process that confirms facts or details of something being purchased, or a contract for services. Due diligence examines all aspects of the deal to confirm that everything is as represented verbally and in writing by the offeror. It’s undertaken to prevent misrepresentations and to uncover potential fraud.

Federal Banking Regulators Issue Cybersecurity Breach Notification Requirement
Beginning in April 2022, banking organizations and bank service providers will be subject to the shortest regulatory breach notification reporting time frame of any law to date—36 hours. Read More

The United States Secret Service Electronic Crimes Task Force (ECTF) recently presented a 3-hour webinar titled Ransomware: An Emerging Threat. This presentation included members of government agencies and private corporations and contains a wealth of information. The entire session has been published on YouTube and full information is detailed below.

FTC Warns Businesses on Patching Log4j Holes… Or Else
The US Federal Trade Commission warned companies that vulnerable Log4j software needs to be fixed, responsibly, in a timely manner, or face the wrath of Lina Khan. Read More

Terrifying Cyber Weapon ‘Against Which There’s No Defense’
The Israeli company’s flagship spyware, Pegasus, is considered one of the most powerful cyber-surveillance tools available on the market. It’s continuing to make headlines as revelations on the tech’s reach, and its consequences, keep piling up. Read More

Log4J, a critical vulnerability, is actively being exploited worldwide. Researchers and major technology companies warn that hackers linked to foreign governments and criminal ransomware groups are already exploiting the vulnerability at a rate in excess of 100 attacks per minute.

Whether you’re a small company or one as large as Colonial Pipeline or T-Mobile, not having any cyber incident response plan will cause major problems and disruptions. When you’re hit with a breach, without a plan in place, your security and management teams will be scrambling and likely to make expensive mistakes. 

Bosses Are Reluctant to Spend Money on Cybersecurity... Then They Get Hacked
Cyberattacks like ransomware, business email compromise (BEC) scams, and data breaches are some of the key issues businesses are facing today. Despite the number of high-profile incidents and their expensive fallout, many boardrooms are still reluctant to free up the budget. Read Article

The modern security challenges facing law firms are more complex than ever. Regardless of its size, a firm is obligated to follow the data breach laws established in all 50 states, which require disclosure within a reasonable time following a cyber attack. This has forced law firms to take preventative measures to mitigate the risk of a breach by implementing security policies and procedures.

Organizations More Susceptible to Ransomware Attacks During Weekends & Holidays
In a recent survey, 37% of security professionals admitted their organization does not have contingency plans for a prompt response to ransomware attacks during the weekends and holidays. Read Article

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