Recent cyberattacks like Volt Typhoon, BlackCat ransomware syndicate, and NuGet serve as stark reminders of the critical importance of monitoring cyber risks as these attacks could all have been prevented.
We spoke to Randy Watkins, chief technology officer at Critical Start, to discuss why organizations must know the difference between cyber risks and threats, and how those enterprises that fail to mitigate against cyber risk will remain reactive, and ultimately fall behind their competitors.
BN: Why is it important for organizations to monitor risk profiles to prevent attacks?
RW: Monitoring risk profiles is essential for identifying and managing inherent vulnerabilities that could be exploited by cybercriminal entities such as Volt Typhoon and the BlackCat ransomware syndicate. This proactive approach towards cyber risk management focuses on the internal and external vulnerabilities present within the organization, rather than just the external threats themselves. Monitoring and managing cyber risks proactively ensure the integrity and resilience of an organization’s infrastructure against sophisticated cyber threats.
BN: Can you expand on the…
