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News alert: Beazley reports on how AI, new tech distract businesses as cyber risk intensifies

The Last Watchdog

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. trillion by 2025, a 300% increase since 2015 1. trillion by 2025, a 300% increase since 2015 1.

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26 Cyber Security Stats Every User Should Be Aware Of in 2024

Security Affairs

26 key cyber security stats for 2024 that every user should know, from rising cyber crime rates to the impact of AI technolog y. Cyber Crime Surge: During COVID-19 , cyber crimes shot up by 600%, showing how threats adapt to global changes. Cyber Skills Gap: By 2025, there could be 3.5

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Key Cybersecurity Trends for 2024: My Predictions

Jane Frankland

Cybersecurity can often feel like a game of cat and mouse where cyber attackers and defenders engage in a chase, with one party trying to outsmart the other. Just like in previous years, 2024 is set to test practitioners’ skills as the frequency of cyber threats continues to surge leaving no room for complacency.

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The Evolving Role of Cyber Insurance in Mitigating Ransomware Attacks

SecureWorld News

For example, the healthcare sector, a prime target for these types of attacks , planned to spend $125 billion to defend against breaches from 2020 to 2025. On top of this, a significant 41% of victims opted to pay the ransom, which is a difficult decision that's fraught with its own respective complexities and risks.

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National Cyber Security Centre for Sweden

CyberSecurity Insiders

Sweden’s counterterrorism and counter espionage unit SAPO will also coordinate with NCSC to identify, prevent, and deal with the risks associated with the cyber threats that target critical IT infrastructure.

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Global Cybersecurity Skills Gap Still Widening Despite Growing Workforce

SecureWorld News

Cyber threats pose one of the most significant risks to businesses, governments, and individuals today. Without enough competent professionals to secure systems, assess risks, and respond to threats, organizations in every industry are dangerously exposed. This skills gap represents a critical vulnerability.

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Protecting your Customers and Brand in 2022: Are you doing enough?

Jane Frankland

These are leaders who understand how to implement progressive technologies, like the cloud, 5G, artificial intelligence, machine learning, and others that are intricately woven, interconnected, and interdependent. Cyber risks top worldwide business concerns in 2022. billion) is expected online.

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