14 Jul Cybersecurity Series: What does the LinkedIn Hack Mean for Your Organization?
What does the LinkedIn Hack Mean
for Your Organization?
14 July 2021 · 4 min read
As organizations shift to hybrid work, cyberattacks and data breaches are increasing drastically. We’ve already seen high-profile attacks like the Microsoft Server Exchange hack, and SolarWinds, in which Russian-backed hackers gained access to some of the highest levels of U.S. government data.
Just this past week, LinkedIn joined the list of major organizations hit by a cyberattack, as they saw over 700 million of their users have their data exposed. Unfortunately, these attacks are likely to continue. Experts have forecasted a “cyber-pandemic” in which breaches like the ones mentioned above will continue to increase in frequency and scale.
Luckily, there are steps your organization can take to ensure that when hackers try to breach your systems, you’ll be prepared and able to control the damage.
What do Hackers do Once they Breach your Systems?
Hackers often gain access to organizations because of human curiosity and error. A classic example is a user falling victim to a ransomware attack by clicking on and opening a dicey email. Due to the interconnectivity of our collaboration systems and hybrid workplaces, when a single user falls victim, the entire organization is on the line.
Once hackers are in your systems, they take advantage of the mass data chaos that often exists in organizations. As users save and store projects and files in their personal drives instead of a secure, unified location, hackers have free reign to steal and delete data. When coupled with the fact that many organizations lack proper governance where users have access to data they are not supposed to – it further adds to the cybersecurity pitfalls.
Even worse, these cybercriminals often go undetected for months, gaining access to sensitive and intellectual property data for an average of 280 days before being discovered and contained. This could leave your organization with millions of dollars in stolen or deleted data, and on the hook for millions more in regulatory fines and reputational damage.
Simply put, your organization can’t afford to ignore the dangers of this cyber-pandemic.
Accept that Anyone Can be Hacked
One of the key points in preparing your organization from a cyberattack is accepting that anyone can fall victim to a hack – or what our CEO and Co-founder, Keith Lipman, calls “a bad day.” As evidenced by attacks like Microsoft Exchange, SolarWinds, and now LinkedIn, regardless of the size of your organization, attacks and breaches can and will happen. Once you accept that, you can begin to take proactive steps to ensure that even in the event of an attack, your data is protected, and the damage is controlled.
Guarding Data Through Provisioning and Governance
Hackers prey on organizations with a tremendous amount of data chaos. Properly provisioning and governing data should be your focus in preparing for a breach.
And as pivotal as Microsoft Teams can be for collaboration and productivity, one of its major limitations is manual provisioning. This process on top of being inefficient, also makes your organization vulnerable to security risks due to human error. That’s because when users don’t know where to place data, they will save it in their local drives, contributing to data chaos and hacking risks.
The first step in guarding your data is to automate this process and provide a logical place for users to store projects, files, matters, etc. Once data is in the right place and metadata is tracked, your organization’s risk management team can easily understand the business context of data and apply relevant security and minimization policies.
On top of that, as a general philosophy, you should focus on protecting the data you need, and minimizing the data you don’t need. As required by privacy and cybersecurity regulations, data should only be kept for as long as it is useful. Keeping it beyond that, increases storage costs and vulnerability to a data breach. Automatic minimization policies help by setting step-by-step controls on what should happen to data once a project or matter is completed. For an extra level of protection, your organization can establish a Zero-Trust security model.
Your organization should also consider adding archives for your data. That way, if hackers do breach your systems and attempt to steal or delete data, you will have a backup. This ensures that not only is your clients’ information still in your hands, but you can report what was compromised to the regulatory authorities and avoid hefty fines.
While necessary to shield your organization from nation-state attacks, the processes involved can be time-consuming if done manually. By automating them, your organization will improve efficiency, control the damage of cyber-attacks, and govern data across systems.
And Prosperoware can help you with that.
How Prosperoware Helps
Prosperoware CAM is a Software-as-a-Service platform (SaaS) for adoption and governance of collaboration systems. It allows organizations to provision, classify, protect, move, and minimize data, mitigating data chaos and reducing risks related to privacy & cybersecurity.
CAM enables organizations to create logical locations for users to place data. It provides rich custom metadata, empowering users to locate documents, and risk management teams to understand business context in order to apply the right security & data minimization policies.
CAM integrates with Microsoft 365 (Microsoft Teams, SharePoint Online, OneDrive, OneNote, Planner, Lists), iManage, NetDocuments, HighQ, and more to come.
Here is what CAM can do for you:
- Provisioning of workspaces, Teams, Channels, Lists, users & groups, and folders from Project Portfolio Management, CRM etc., or through a human workflow using readily available templates.
- Rich, custom metadata for project or document context.
- Unified project directory for content location for end users and risk management teams.
- Provision automatically or on-demand internal & external users, manage permissions across collaboration systems, and integrate with leading ethical wall systems.
- Data Loss Prevention (DLP) with activity monitoring and bulk security & metadata changes.
- Data protection by creating a separate archive of documents to access in case of incidents.
- Minimize data by setting automatic data disposition policies or apply litigation hold.