The headline is startling: Cybercrime costs the world more than $1 trillion, a 50% increase from 2018. From our experience in the trenches, this feels about right. Attackers are using more complex methods for spreading their malware, and the payloads keep getting more sophisticated – better at evading detection and more effective at delivering their malicious payload.
On April 30, 2020, the Federal Financial Institutions Examination Council (FFIEC) issued a new Joint Statement on the topic of “Security in a Cloud Computing Environment.”
In the past 18 months, Accume Partners has responded to and investigated scores of security incidents involving a variety of attack techniques.
There are less than six months until the New York Department of Financial Services (NYDFS) Cybersecurity Vendor/Third Party Service Provider Requirements goes into Effect