Intelligent CIO LATAM Issue 12 | Page 24

TRENDING card machines . The focus is to identify flaws that may cause risks to companies , such as data leakage that impact the Brazilian General Data Protection Law ( LGPD , in Portuguese ), invasion , ransomware attacks or other vulnerabilities .
“ The company that hired the service then evaluates the submitted vulnerability reports and , if approved , the researcher receives his reward .”
For the COO , the increase in attacks will continue to put cybersecurity in the spotlight and become a concern for organizations .
The main cybersecurity issues faced by organizations in 2021 were precisely information leakage and ransomware attacks .
“ This should increase the demand for cyber insurance and new solutions for identifying and managing risks , such as the bug bounty itself ,” said Telles .
Compliance with LGPD
Some companies still see information security and data privacy as an expense , not understanding that these factors can help maintain a more solid operation , providing the basis for the organized growth of processes and , consequently , revenue .
However , the main cybersecurity issues faced by organizations in 2021 were precisely information leakage and ransomware attacks , which sparked a red flag for many of these groups .
To avoid further financial , image and reputation losses , adapting to the LGPD in Brazil must be one of the goals for corporations in 2022 .
“ Cybercrime has been evolving and has gained speed during the pandemic . Criminals use technical vulnerabilities to attack systems and infrastructure to achieve their goals , being information theft or even ransomware deployment ,” explained Telles .
“ In addition , they use human vulnerabilities aiming to trick users into taking previously foreseen actions and may also compromise the security controls implemented in a company . With full compliance with the LGPD , the company is one step ahead of cybercrime .”
Basic security actions
In the same way that compliance with LGPG is one of the ways to ensure cybersecurity , there are initial actions that are fundamental to face the problem
24 INTELLIGENTCIO LATAM www . intelligentcio . com