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

The Last Watchdog

The data shows how perceptions around cyber and technology risks, from ransomware and other cyber-attacks to the threats posed by AI, are changing the global business risk landscape. Yet, boardroom focus on cyber risk appears to be diminishing. trillion by 2025, a 300% increase since 2015 1.

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Microsoft disables macros to curtail Malware Cyber Attacks

CyberSecurity Insiders

Microsoft has made it official that it has disabled macros across its office products to block malware cyber attacks. The post Microsoft disables macros to curtail Malware Cyber Attacks appeared first on Cybersecurity Insiders.

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Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs

eSecurity Planet

The explosion of ransomware and similar cyber incidents along with rising associated costs is convincing a growing number of insurance companies to raise the premiums on their cyber insurance policies or reduce coverage, moves that could further squeeze organizations under siege from hackers. In addition, the U.S.

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NEW TECH: Trend Micro flattens cyber risks — from software development to deployment

The Last Watchdog

The Internet from its inception has presented a wide open attack vector to threat actors. Covid19 has upgraded the Internet — from the criminals’ point of view — to a picture-perfect environment for phishing, scamming and deep network intrusions. Something needs to be done to flatten the cyber risk curve.

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How to Stop Local Governments From Being Attractive Cyber Attack Targets

CyberSecurity Insiders

However, that IT department often does not have the investment it requires, so holes in their security leave them vulnerable to attacks — from viruses to hackers to phishing. These attacks often begin with an email with links or attachments that seem benign but give the hacker access to a single system followed by the network.

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Have board directors any liability for a cyberattack against their company?

Security Affairs

As the risk of a cyberattack grows, it is pivotal to consider whether the directors of a company hit by a ransomware attack, for example, can bear any liability for negligence in failing to take steps to limit the risk. The size of the cyber risk to companies cannot be underestimated.

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Over 106m health records exposed in Cybersecurity Incidents

CyberSecurity Insiders

As per the researchers, most of the healthcare related data breaches happened because of ransomware that accounted for over 54.95 percent of attacks. percent ransomware breaches, Maze followed the path with over 6.17 While RYUK topped the list with over 8.64 percent breaches on a respective note.