that belonged to one of its suppliers.<\/p>\n
Taking immediate action and aligning with law enforcement agencies, Royal Mail has become ensnared in the latest incident to rock the cybersecurity landscape; an incident that throws the spotlight back on the increased risks cyber threats hold for large and small enterprises alike. <\/p>\n
Quick Remedial Measures<\/b><\/p>\n The company has not yet revealed the name of the supplier affected, nor has it confirmed the authenticity of the threatened data dump.<\/p>\n Cybersecurity Landscape<\/b><\/p>\n In an October survey by cybersecurity firm Sophos, over half of organisations reported being hit by ransomware in the past year.<\/p>\n Royal Mail, and in this instance its unnamed supplier, are the latest additions to a growing list of companies who have experienced such threats, following giants like Marriott International, EasyJet, and Twitter.\n<\/p><\/div>\n Cyber Threat Impact on Businesses<\/b><\/p>\n IBM’s 2020 Cost of a Data Breach Report estimates the global average cost of a data breach at $3.86 million.<\/p>\n This figure only grows for companies in the United States, with an average cost hitting $8.64 million per incident.\n<\/p><\/div>\n From such incidents, it becomes critical for organisations to invest in their cyber defence mechanisms and train their employees to be aware of such threats. <\/p>\n Practical Advice<\/b><\/p>\n It’s also essential to communicate with stakeholders, comply with data breach notification laws, and consider enrolling affected parties in credit monitoring services.\n<\/p><\/div>\n In preparing for future attacks, businesses tend to focus on technical measures, such as encryption, two-factor authentication, and regularly updating software.<\/p>\n However, a comprehensive plan also includes training employees about phishing scams and educating them about the importance of using strong, unique passwords for each device and online account.<\/p>\n Follow-Up Reading<\/b><\/p>\n 1. IBM’s 2020 Cost of a Data Breach Report<\/a> that belonged to one of its suppliers. Taking immediate action and aligning with law enforcement<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,5],"tags":[],"class_list":["post-3044","post","type-post","status-publish","format-standard","hentry","category-cybersecurity","category-news","pmpro-has-access"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/aegislens.com\/home\/wp-json\/wp\/v2\/posts\/3044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aegislens.com\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aegislens.com\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aegislens.com\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/aegislens.com\/home\/wp-json\/wp\/v2\/comments?post=3044"}],"version-history":[{"count":1,"href":"https:\/\/aegislens.com\/home\/wp-json\/wp\/v2\/posts\/3044\/revisions"}],"predecessor-version":[{"id":3047,"href":"https:\/\/aegislens.com\/home\/wp-json\/wp\/v2\/posts\/3044\/revisions\/3047"}],"wp:attachment":[{"href":"https:\/\/aegislens.com\/home\/wp-json\/wp\/v2\/media?parent=3044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aegislens.com\/home\/wp-json\/wp\/v2\/categories?post=3044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aegislens.com\/home\/wp-json\/wp\/v2\/tags?post=3044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n2. Sophos October Survey on Cybersecurity<\/a>
\n3. Marriott International’s Experience with Data Breaches<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"