Security practitioners must do a much better job of prioritizing their investments based on the most significant risks their organizations face, says Zulfikar Ramzan, chief technology officer at RSA, who offers insights on "fighting the right battle."

The global cybersecurity skills shortage is real, and it's deeply impacting organizations' abilities to implement and manage new technology tools, says Lee Fisher of Juniper Networks. But worse, it's also affecting how organizations assess their adversaries.

CISO Mitchell Parker of Indiana University Health says healthcare organizations that have focused on HIPAA compliance when crafting security and privacy policies need to be making plans to comply with the EU's GDPR if they handle Europeans' data. How will that influence decisions about data protection?

The ISMG Security Report leads with a discussion about the sale of compromised remote desktop protocol credentials for as little as $3 on darknet marketplaces. Also, grading the performance of DHS in sharing cyberthreat information.

The latest ISMG Security Report features highlights from the recent panel discussion at the ISMG Fraud and Breach Prevention Summit in London on preparation for the European Union's General Data Protection Regulation set to be enforced next May.

To help prevent breaches caused by third parties, organizations need to improve their vendor risk evaluation methods, carefully assessing their business partners' processes and risk mitigation methods, says Anuj Tewari, CISO of HCL Technologies.

As the explosive growth of the internet of things continues, it's essential to take a structured approach to implement security-by-design with secure coding and end-to-end encryption of data, says Mumbai-based Juergen Hase, CEO of Unlimit, the IoT business unit of the Reliance Group.

Jennings Aske, CISO of New York-Presbyterian, says the healthcare sector is still struggling to figure out medical device security and contends that federal regulations have not been helpful in making it a priority.

The latest edition of the ISMG Security Report leads with an analysis of a British parliamentary probe into the WannaCry ransomware attack on England's National Health Service. Also featured: a discussion of cyber threats posed by outdated industrial systems.

When it comes to warding off phishing attacks, too many organizations are reliant on internal awareness campaigns. But a more proactive defense and controls are needed, says John "Lex" Robinson of PhishMe.