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- CISA warns of Microsoft SharePoint vulnerability | CIOSurge
CISA warns of Microsoft SharePoint vulnerability | CIOSurge
SharePoint Exploit Warning, Rising Data Breach Costs, CIO Leadership Shifts
Zack Tembi
October 29, 2024
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Welcome to this week’s edition of CIOsurge!
Get ready for a fresh dive into the latest trends, insights, and strategies shaping the future of IT leadership. So grab your coffee, get comfy, and let's dive in! It’s time to explore how CIOs like you are turning challenges into opportunities and pushing the boundaries of what’s possible. Let’s make this week a game-changer.
Stay sharp. Stay ahead.
🚨 CISA highlights active exploitation of Microsoft SharePoint vulnerability
CISA has added a Microsoft SharePoint vulnerability, CVE-2024-38094, to its Known Exploited Vulnerabilities catalog, warning of active exploitation. The flaw, with a CVSS score of 7.2, allows attackers with Site Owner permissions to execute arbitrary code. While a patch was released in July 2024, proof-of-concept exploits are publicly available, urging swift action to secure systems by November 12, 2024.
“In light of CISA’s warning about the active exploitation of a Microsoft SharePoint vulnerability, partnering with a Microsoft-focused consulting firm is a smart move. These specialists provide tailored security strategies, real-time monitoring, and rapid incident response. For CIOs, working with experts ensures critical systems stay protected and resilient against emerging threats, aligning security practices with evolving risks.” - Zack Tembi
🔒 Where organizations invest after a data breach
Organizations often pass the rising costs of data breaches to customers, but this strategy fails to prevent future incidents. IBM research shows breaches now cost an average of $4.88 million, with recovery taking over 100 days. Post-breach, many firms focus on reactive spending, neglecting holistic security strategies. Experts recommend proactive investments in people, processes, and continuous monitoring.
“With data breaches on the rise, the importance of investing in robust recovery strategies has never been clearer. As highlighted in the article, simply focusing on prevention is no longer enough—organizations must also prioritize recovery to minimize downtime and mitigate impact.
Effective recovery strategies combine technical resilience with a clear, rapid response plan. CIOs should look at building partnerships with data security and consulting firms that bring specialized expertise in incident recovery and post-breach analysis. These experts can help identify vulnerabilities, set up reliable backup protocols, and establish recovery workflows, ensuring that organizations not only respond to breaches effectively but also learn from them.
In today’s threat landscape, balancing prevention with solid recovery investments empowers organizations to bounce back swiftly, protecting both their operations and their reputation.” - Zack Tembi
🗞️ At A Glance
💡 CIO Spotlights
EnerMech appoints Chetan Bhat as Global CIO to drive digital strategy
Chetan Bhat joins EnerMech as Global CIO, tasked with leading IT governance, security, and digital transformation initiatives.
Bhat brings over 20 years of IT leadership, including recent success at Maverick Natural Resources, where he enhanced governance for technology investments.
Reporting to the CTO, he will align IT strategies with EnerMech's global goals, succeeding interim IT Director John Clark.
Salesforce CIO Juan Perez highlights challenges of accelerating AI adoption
Salesforce CIO Juan Perez highlights the growing impatience of C-suites, urging faster AI implementation without clear understanding of its limitations.
Perez stresses the importance of data quality, security, and careful planning to avoid "shadow AI" in enterprises.
He advises CIOs to prioritize AI education and build strong partnerships to maximize responsible AI adoption.