CyberSecurity Insiders

APRIL 22, 2021

With cyber attacks against financial and banking institutions now a daily occurrence, cyber threats have become the biggest risk to the global financial system, according to Federal Reserve Chairman Jerome Powell. The chances of a financial collapse akin to 2008 are “very low,” he said.

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Jane Frankland

OCTOBER 25, 2024

A scenario where you could face any looming cyber crisis knowing that you’d emerge unscathed. As ITDMs, CISOs and cyber risk owners this is our dream scenario, and he got me thinking. Just think about what happened at the last financial crisis in 2008, or more recently with the COVID 19 pandemic.

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SecureWorld News

APRIL 12, 2021

Federal Reserve Chairman Statement on Cyber Risk. CBS News Anchor Scott Pelley asked the Fed Chairman about the odds of a systemic crisis like the one we saw in 2008, where banks and others needed bailouts. There are cyber attacks every day on, on all major institutions. Will we need that following the pandemic?

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IT Security Guru

JUNE 28, 2022

Recent research from Hiscox even found that a fifth of businesses across the US and Europe faced insolvency as a direct result of a cyber attack. Unfortunately, transferring traditional insurance models to the cyber-sphere isn’t an easy task. This estimate turned out to be five times larger than the market in 2008.

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eSecurity Planet

APRIL 26, 2022

Company Sector Year Status Vicarius Vulnerability management 2022 Private Dragos ICS and OT security 2021 Private Safeguard Cyber Risk management 2021 Private CyberGRX Risk management 2019 Private Signifyd Fraud protection 2018 Private RedOwl Security analytics 2015 Acquired: Forcepoint. AllegisCyber Investments. NightDragon.

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