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Shifting from Business Continuity to Continuous Business in Cyber

Jane Frankland

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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Cyber Threats: The Financial System’s Top Risk

CyberSecurity Insiders

During an interview on CBS News’ 60 Minutes, Powell said cyber risks surpass even the types of lending and liquidity risks that led to the Great Recession in 2008. The chances of a financial collapse akin to 2008 are “very low,” he said. But the world changes, the world evolves, and the risks change as well.

Insiders

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What the Federal Reserve Chair Just Said About Cyber Risk

SecureWorld News

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. Will we need that following the pandemic? The odds of that, are very, very low.

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Too many issues in Pentagon networks expose it to cybersecurity risks

Security Affairs

A new security assessment conducted by the Defense Department Inspector General revealed that the Pentagon is still exposed to many cyber risks, The report published by the Defense Department Inspector General on January 9, shows a worrisome situation, there are 266 issue, some of them are ten-years-old cybersecurity?related

Risk 109
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Cyber Insurance: The Good, the Bad, and the Ugly

IT Security Guru

A conservative estimate from 2002 predicted that by 2005, cyber insurance would boast a global market worth $2.5 This estimate turned out to be five times larger than the market in 2008. Astoundingly, the cyber insurance market shrank relative to the Internet economy. billion in 2020, expected to rise to US$27.83

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Why do CISOs Keep Quitting on Florida?

SecureWorld News

And this is increasing cyber risk. David Taylor, CIO for the state of Florida from 2008 to 2012, said this about the state's funding: "In terms of the third-largest state, it’s a ludicrously insufficient amount of money.". There’s no way around it.

CISO 98
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Spotlight on Cybersecurity Leaders: Krista Arndt

SecureWorld News

She has worked in and around security, risk, and governance since 2008 in various roles. It is such an easy way to significantly reduce cyber risk to your personal assets. Krista Arndt is the Chief Information Security Officer for United Musculoskeletal Partners (UMP).