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Pearson agreed to pay $1 million for 2018 Data Theft

CyberSecurity Insiders

Pearson, a London based e-textbook publishing firm that supplies software to Schools and Universities has been slapped with a fine of $1 million for misleading investors about a 2018 data breach that witnessed siphoning of millions of student records by hackers.

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Safer Internet Day: The importance of training employees to keep organizations safe

CyberSecurity Insiders

Staying safe online is not just a worry for parents of young children and teenagers – organizations are also constantly at risk from cyber-attacks, which is why training staff to reduce the likelihood of any such attack is crucial. So why is it vital to train employees on cybersecurity and internet risks?

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The future of cyber insurance

IT Security Guru

Their loss ratios – total claims plus the insurer’s costs, divided by total premiums earned – are now consistently above 60%, which presents something of an existential threat to the insurance industry, making cyber risk a potentially uninsurable area due to falling profitability. This isn’t just the media catastrophising.

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Brand New SEC Cybersecurity Requirements

Approachable Cyber Threats

and then repeat that process for the many other risks that could lower the value of your investment. In the same way, your investors want to know how prepared you are to foresee and mitigate cybersecurity risk events like data breaches, ransomware, and data center outages resulting from cyber attacks.

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22% of all users still run Microsoft end-of-life Windows 7

SC Magazine

“A trusted operating system may seem fine on the surface, but if the vendor no longer supports it with important updates to the software, the system becomes more susceptible to attacks,” Kaspersky said. The post 22% of all users still run Microsoft end-of-life Windows 7 appeared first on SC Media.

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As market for cyber insurance booms, watchdog calls for better data

SC Magazine

Overall, insurance companies seem to be responding to increased demand from clients for cyber-specific insurance, and one survey found that the two things most likely to spur a purchase of cyber insurance are when a business experiences a cyber attack and when they hear about other companies being hit by a cyber attack.

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Brand New SEC Cybersecurity Requirements

Approachable Cyber Threats

and then repeat that process for the many other risks that could lower the value of your investment. In the same way, your investors want to know how prepared you are to foresee and mitigate cybersecurity risk events like data breaches, ransomware, and data center outages resulting from cyber attacks.