Blackswan Cybersecurity

According to a recent report, financial services firms are 300 times more likely to be targeted by a cyber attack, with an average breach cost of $5.9 million USD. #PII was the costliest and most-common data exfiltrated in breaches. 💸 Blackswan Cybersecurity has built a custom cybersecurity service solving for the following cybersecurity challenges that #CreditUnions face and being able to reduce the cyber risk of an attack. We partner with the Cornerstone League to protect their member credit unions 24x7x365 from a cyber attack and respond before it becomes a business impacting event that can result in downtime and damage to brand reputation. 🔐 1) Insufficient and outdated technology- This leads to unpatched vulnerabilities and cybersecurity gaps. 2) Strained workforce- IT teams at credit unions are overworked and under- resourced. 3) Incident Response and Regulatory Reporting-Credit unions must notify the NCUA as soon as possible, and no later than 72 hours of a cyber incident/data breach. 4) Managing cyber insurance requirements- Premiums continue to increase along with the needed requirements that now expand far beyond basic security controls to more comprehensive measures. 5) Increased Risk of Ransomware- Credit unions are targeted by threat actors with this kind of attack due to the vast reputation and financial damage that can occur if they don’t immediately pay ransom. 6) Supply Chain Risks- Credit Unions work with several vendors and often have multiple locations with a vast user base. If you don't have a cybersecurity program or have recently done a cyber gap assessment, now is the time to be proactive to identify #cyberrisk for your organization. ✅ #Financialrisk #CreditUnion #PII #Cyber #AI #machinelearning #Financialcompliance #FinancialAudit #Houstonbanking #Dallasbanking #Austinbanking #SanAntoniobanking #Financialreporting #Financialbreach #databreach #incidentresponse #MTTD #MTTC #NCUA #Vulnerability

If you're attending MSSP Alert Live in Austin, TX next week, don't miss the chance to hear our CEO Dr. Mike Saylor at Blackswan Cybersecurity, participate in the panel discussion on Tuesday October 15th at 3:30pm speaking on hiring and retaining top cybersecurity talent. In this session you will: -Hear from an MSSP and MSP who have spent considerable time and effort on optimizing talent acquisition. -Learn how to improve retention. -Explore how to get the most out of your workforce. Learn more: https://lnkd.in/gdZ54cP6 #cyberfocus #ITevents #AustinTX #MSSPAlertLive #Cyberpartner #cybersecuritytalent #cyberjobs #cybertalent #incidentresponse #MSSP #SOC #cyberresponse

American Water Works Company, Inc., the largest regulated water and wastewater utility in the United States, reported a cybersecurity incident on October 3, 2024, affecting its computer networks and systems. This incident highlights the growing cybersecurity challenges faced by critical water infrastructure. The Environmental Protection Agency (EPA) recently warned that cyberattacks against water utilities in the U.S. are becoming more frequent and severe. As energy and utility providers look to bridge the gap, a holistic approach that matures prevention, detection, response and recovery capabilities will be critical in mitigating risk to an increasingly susceptible sector of critical infrastructure. Below are the top energy/utility industry challenges- 🎯A clear understanding of risk based best practices 🎯Lack of visibility into IT and OT assets 🎯Technical capabilities to identify and contain threats across IT and OT 🎯Zero-day risks, often associated with global mega attacks or industrial safety events 🎯Lack of internal resources and expertise 🎯Lack of alignment between OT and IT 🎯Lack of a response plan and a slow response to past incidents 🎯Compliance and regulatory regimes #criticalinfrastructure #waterbreach #cyberattack #Blackhat #hacker #EPA #incidentresponse #energy #threatintel

Outsmart Digital Scammers: Three Tips to Avoid Phishing Scams -- learn more: https://zurl.co/SuNU #cybersecuritymonth #phishing

"Too big to fail" is a dangerous mindset. Relying on one major partner or revenue stream can put any business at risk. Diversification is key—leaders need the courage to balance growth with resilience and avoid putting all their eggs in one basket. Loved this interview Rob Ocel did with Dr. Mike Saylor from Blackswan Cybersecurity all about cybersecurity team leadership, entrepreneurship, and more! Link in the comments!

Dr. Mike Saylor, CEO of Blackswan Cybersecurity and Professor at The University of Texas at San Antonio, joins W. Curtis Preston on the Backup Wrapup podcast, offering key insights into executing effective BIAs and explaining the advantages of having an independent third party conduct them. Watch now: https://zurl.co/A2Od

Discover the latest cyber strategies, technology trends, and business insights at the third annual MSSP Alert Live event in Austin, TX. Join us on October 14-16 to network with industry experts and gain valuable knowledge to manage and grow your managed security services business. Don't miss out - Register now!

Blackswan's OSINT Cybertruck Challenge - #5 (Lvl HARD) Happy Hunting! https://zurl.co/du7Q

𝙒𝙚 𝙠𝙞𝙘𝙠 𝙤𝙛𝙛 #Cybersecurity 𝘼𝙬𝙖𝙧𝙚𝙣𝙚𝙨𝙨 𝙈𝙤𝙣𝙩𝙝 with our post in Dark Reading! Building on our "𝘿𝙤𝙣'𝙩 𝘾𝙡𝙞𝙘𝙠 𝙄𝙩' cause program, for October we'll focus on: • Promoting best practices for securing digital environments. • Educating the public on the 20 most common cyber threats (e.g., #phishing, #ransomware, data #breaches ). • Encouraging cybersecurity training for employees and organizations. • Highlighting emerging threats and new trends in cybersecurity. Thanks to Blackswan Cybersecurity, CyFlare — A Top 20 Global MSSP  and Judy Security for participating! 𝙎𝙩𝙖𝙣𝙙 𝙗𝙮 𝙛𝙤𝙧 𝙙𝙖𝙞𝙡𝙮 𝙥𝙤𝙨𝙩𝙨! 𝘙𝘦𝘢𝘥 𝘵𝘩𝘦 #DarkReading post here https://lnkd.in/g4Kyw-qR #SecOps

THREAT ADVISORY *CRITICAL* -- Storm-0501 Ransomware Threatens Hybrid Cloud Environments The threat actor group Storm-0501 has been launching ransomware attacks against government, manufacturing, transportation, and law enforcement sectors in the U.S. This complex, multi-phase operation is aimed at penetrating hybrid cloud environments, allowing the attackers to move laterally from on-premises systems to the cloud. Their objectives include data theft, credential compromise, system manipulation, persistent backdoor installation, and ransomware deployment. According to Microsoft, "Storm-0501 is a financially motivated group that utilizes commercial and open-source tools to carry out its ransomware activities." Please read the full Threat Advisory: https://zurl.co/Jq4y #ransomware #mssp