This week, the podcast discusses the recent data breach of HBO’s computer network. Hackers leaked scripts from popular shows like “Game of Thrones” and demanded up to $15 million in ransom. HBO reportedly responded with a $250,000 offer.
Special guest and Cybersecurity expert Tim Crosby explains how the hack could have been prevented. Specifically, Crosby stated that “No company – large or small – is immune to being a target; the HBO saga makes it even more apparent that cyber security teams must remain vigilant to detect and prevent attacks before they happen.”
Crosby’s solution to safeguard a network is for businesses to identify potential vulnerabilities through an information security risk assessment. With a rapidly changing cybercriminal landscape, static assessments, stale employee training and protocols will not keep up with the dynamics of cyber security today.
Crosby’s top tips discussed on the podcast include security teams that should monitor for aberrant and unexpected behavior, such as accounts being used at odd hours, at multiple locations or while on vacation. Also, businesses should employ a host of protection programs that notify personnel when a threat exists, such as Security Information and Event Management (SIEM) systems that automatically aggregate events and alerts based on anomalous activity.
Topics discussed on the podcast include How much money HBO is predicted to lose because of this hack? What is the economic impact that malware outbreaks could have on businesses and how would it affect the bottom line? What are some of the common errors businesses make that lead to security breaches? Why is there so little knowledge among businesses about security risks and why is it so pervasive? What are the best practices for identifying what data must be protected?
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