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Industry News

Industry News

Stay tuned with the latest news from from Canary Trap.

Board of Directors

Boardrooms play a pivotal role in shaping the future of an organization and as cyber threats keep surging, boards must take crucial budgeting decisions to safeguard their companies. That’s why educating board members on cybersecurity is vital to navigate the complexity of overseeing cyber risks. Most board members lack IT expertise, but to bridge this […]

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Cyber Insurance

Cyber insurance, responding to the surge in cyber threats, is a rapidly growing field that provides protection against losses incurred from cyber attacks and data breaches. Projected to reach $22.5 billion in annual premiums by 2025, this sector is dynamically evolving. Despite its role in mitigating critical risks, challenges persist, such as the absence of […]

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Digital Forensics Pros & Cons

Digital forensics, a remarkable discipline within forensic science, equips professionals to meticulously collect, preserve, analyze, and present data with scientific precision. It extends beyond mere data recovery, encompassing a comprehensive toolkit designed to ensure data integrity. While it offers distinct advantages such as data preservation, thorough analysis, and reliable use in court, it also poses […]

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Cyber Threat Intelligence

In their quest for business security, organizations benefit from understanding how Cyber Threat Intelligence (CTI) works. Benefits include early threat detection, and improved incident response, while challenges include costs, data quality, and integration issues, which can be solved through business justifications, training, data quality management and stakeholder support. Choosing a CTI provider requires assessing data […]

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MFA Adoption

Security breaches linked to passwords persist in the digital age, primarily due to the slow adoption of Multi Factor Authentication (MFA). While passwordless authentication is emerging as a potential solution, it faces integration challenges. Moreover, the increasing use of AI tools in cyber attacks underscores the importance of implementing zero-trust initiatives and robust MFA practices. […]

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ChatGPT IRP

Generative AI applications such as ChatGPT have evolved to the point of being used by cybercriminals to create ransomware and other malicious attacks, but it seems that when it comes to creating an Incident Response Plan (IRP), ChatGPT isn’t quite as effective as it can only provide basic guidance and knowledge. That’s why human expertise […]

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AI Pros & Cons

Now that Artificial Intelligence (AI) has become increasingly integrated into the modern world, it can revolutionize technology forever. On one hand, it has helped enhance cybersecurity measures, but on the other hand, it has also been creating new challenges. That’s why it’s important to understand the pros and cons of AI and what that implies […]

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Incident Responses

With the ongoing increase in cyber threats, it’s crucial for organizations to create incident response plans that can efficiently reduce the damage caused by an attack. This involves setting clear expectations and responsibilities, comprehending their data, taking into account vendor involvement, and seeking guidance from insurance carriers. To ensure readiness in responding to cyber incidents, […]

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MFA

While robust passwords and various security measures can help mitigate a range of cyber threats, Multi-Factor Authentication (MFA) stands out as a superior solution. Yet, the financial implications and user difficulties associated with MFA adoption pose challenges for many organizations. However, embracing a phased implementation strategy, educating stakeholders, and simplifying the process to make it […]

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