The First Half of 2021 Cyber Risk Index
Trend Micro
AUGUST 2, 2021
Learn about the current state of cyber risk organizations are facing today based on the Cyber Risk Index results for the first half of 2021.
News alert: Beazley reports on how AI, new tech distract businesses as cyber risk intensifies
The Last Watchdog
JULY 13, 2023
Yet, boardroom focus on cyber risk appears to be diminishing. The perceived threat of cyber risk to global business leaders peaked in 2021 (34%) and over the past two years, the risk perception has dropped (27%). But worryingly they appear less concerned by cyber risk than a couple of years ago.
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GUEST ESSAY: Rising cyber risks make business intelligence gathering more vital than ever
The Last Watchdog
JULY 5, 2022
This concern isn’t new, there is wide understanding that when it comes to cyber incidents, it is about ‘when’ not ‘if’, and all large companies will have cyber strategies in place. And who is creating and driving the cyber strategy? Would this conflict spill into cyber space and what could that look like?
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BrandPost: An Intelligent Way to Monitor and Manage Your Cyber Risks
CSO Magazine
OCTOBER 28, 2022
Cyber risks, especially those emanating from third and fourth parties, are escalating. Successful breaches via the supply chain increased from 44% in 2020 to 61% in 2021, according to Accenture.
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Cyber Risk Index (2H’ 2021): An Assessment for Security Leaders
Trend Micro
APRIL 17, 2022
We take a look at our latest Cyber Risk Index (CRI) findings across North America, Europe, Asia-Pacific, and Latin/South America, to help security leaders better understand, communicate, and address their enterprise’s cyber risk.
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The ultimate guide to Cyber risk management
CyberSecurity Insiders
FEBRUARY 2, 2022
Ambitious information security experts serve as a critical part of cyber risk management. This can be achieved through the use of cyber risk management approaches. This article explores the need for security and provides an overview of cyber risk assessment. Cyber risk management. Risk control.
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SIRAcon 2021 Talk | Baby Steps: Easing your company into a quantitative cyber risk program
Security Boulevard
AUGUST 3, 2021
company into a quantitative cyber risk program.” Abstract: Risk managers tasked with integrating quantitative methods into their risk. The post SIRAcon 2021 Talk | Baby Steps: Easing your company into a quantitative cyber risk program appeared first on Security Boulevard. This blog post contains.
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Seeds of Destruction: Cyber Risk Is Growing in Agriculture
The Security Ledger
MAY 4, 2021
In this episode of the podcast (#213): Molly Jahn of DARPA and University of Wisconsin joins us to talk about the growing cyber risk to the Food and Agriculture sector, as industry consolidation and precision agriculture combine to increase the chances of cyber disruption of food production. Read the whole entry. »
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RiskLens Fast Facts on Cyber Risk in the Telecommunications Industry
Security Boulevard
JULY 27, 2022
On July 22, 2022, T-Mobile agreed to settle the class action suit brought on behalf of 76 million customers whose PII was stolen in a data breach in 2021. The post RiskLens Fast Facts on Cyber Risk in the Telecommunications Industry appeared first on Security Boulevard.
Episode 238: Robots Are The Next Frontier In Healthcare Cyber Risk
The Security Ledger
MAY 25, 2022
about his firm’s discovery of a string of critical security flaws in an autonomous medical robot, TUG, that is already deployed in hundreds of clinical settings and the growing issue of medical device insecurity and cyber risks to healthcare. Robots Driving Cyber Risk. Read the whole entry. »
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RiskLens Fast Facts on Cyber Risk in the Financial Industry
Security Boulevard
NOVEMBER 10, 2022
Flagstar Bank, the seventh largest bank mortgage lender in the US, announced in June, 2022, that it had been hacked in December, 2021, and personal data on 1.5 Earlier in 2021, Flagstar was among the many companies breached through the hack of the Accellion file transfer appliance. RiskLens is the leader in cyber risk quantification .
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Annual Reports: How They Warn of Cyber Risk
SecureWorld News
OCTOBER 20, 2021
But how should we communicate this risk to the business, to clients, or to investors? This includes the 2021 annual report at Accenture. Accenture annual report: risks we face from cyberattacks. However, we were most interested in seeing how Accenture articulated a particular business risk: the risk from a cyberattack.
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This Week in Security News - August 6, 2021
Trend Micro
AUGUST 5, 2021
Also, read about the results from Trend Micro’s first half 2021 biannual Cyber Risk Index report. This week, learn how false advertisers use spam browser notifications to gain ad revenue.
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Ransomware: A Deep Dive into 2021 Emerging Cyber-Risks
Threatpost
APRIL 19, 2021
Our new eBook goes beyond the status quo to take a look at the evolution of ransomware and what to prepare for next.
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Tactical Approach to Combat Cyber Attacks in 2021
Security Boulevard
MARCH 2, 2021
“One of the main cyber-risks is to think they don’t exist. The post Tactical Approach to Combat Cyber Attacks in 2021 appeared first on Kratikal Blog. The post Tactical Approach to Combat Cyber Attacks in 2021 appeared first on Security Boulevard. The other is to try to treat all potential Continue reading.
Half of US Consumer’s Personal Data was stolen in 2021
CyberSecurity Insiders
SEPTEMBER 30, 2022
Astonishingly, most of the information steals cases where or are yet to be solved and surged to 55% from 30% between 2020 to 2021. Just by creating awareness among employees, using proactive security solutions, deploying MFA, using password managers can help in mitigating most of the cyber risks to a large extent. .
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Half a billion cyber attacks thwarted by Tokyo Olympics 2021
CyberSecurity Insiders
OCTOBER 24, 2021
Hackers are always interested in events that grab the attention of the entire globe and one such sporting event was the Tokyo Olympics 2020 that was postponed by the organizers because of COVID-19 Pandemic and rescheduled and held between July–August 2021 i.e. in this year.
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Great American Insurance Group Launches Innovative Cyber Risk Management Platform for Policyholders
CyberSecurity Insiders
JANUARY 24, 2022
by Great American, a powerful cyber risk management platform that combines the National Institute of Standards and Technology (NIST) driven, inside-out review of an organization’s cyber security posture with insights from continuous, external vulnerability scans and best-in-class cyber security ratings from SecurityScorecard.
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How do cyber risk ratings need to evolve?
SC Magazine
MAY 19, 2021
The post How do cyber risk ratings need to evolve? In a conversation with Security Weekly’s Adrian Sanabria, Paul McKay, principal analyst at Forrester Research, will talk about his own research on security rating platforms: where he sees the most potential, and what could still use some development before prime time.
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A Toast to the Cybersecurity Incidents of 2021
Security Boulevard
DECEMBER 27, 2021
Let’s take a Cyber Drink to 2021 Cybersecurity professionals have been put in the spotlight this year. Read article > The post A Toast to the Cybersecurity Incidents of 2021 appeared first on Axio. Read article > The post A Toast to the Cybersecurity Incidents of 2021 appeared first on Axio. It’s now a business.
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The Analyst Prompt #20: Attack Against Tata Power Highlights Cyber Risk to India’s Growing and Increasingly Connected Population?
Security Boulevard
OCTOBER 27, 2022
Key Infrastructure and Critical Vulnerabilities: Attack Against Tata Power Highlights Cyber Risk to India’s Growing and Increasingly Connected Population. The post The Analyst Prompt #20: Attack Against Tata Power Highlights Cyber Risk to India’s Growing and Increasingly Connected Population?
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Illinois Hospital Closure Showcases Ransomware's Existential Threat
Dark Reading
JUNE 14, 2023
Margaret's Health is shutting down due to a 2021 ransomware attack and other factors. It's an object lesson for how small and rural healthcare facilities face grave cyber-risk when extortionists come calling.
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Best Third-Party Risk Management (TPRM) Tools of 2021
eSecurity Planet
AUGUST 27, 2021
BitSight is a Leader in the Forrester Wave report for Cybersecurity Risk Rating Platforms in 2021. Black Kite Cyber Risk Rating System. Black Kite is a Contender in the Forrester Wave report for Cybersecurity Risk Rating Platforms in 2021. Galvanize ThirdPartyBond. Prevalent TPRM Platform. ProcessUnity VRM.
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Axio’s Cybersecurity Hall of Fame Awards: 2021
Security Boulevard
JANUARY 10, 2022
With a near incessant flow of high-profile cyber-attacks, 2021 was a significantly active year for cybercriminals. Read article > The post Axio’s Cybersecurity Hall of Fame Awards: 2021 appeared first on Axio. Read article > The post Axio’s Cybersecurity Hall of Fame Awards: 2021 appeared first on Axio.
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So far, ransomware attacks way down at schools, hospitals in 2021
SC Magazine
FEBRUARY 25, 2021
Some good news, for once: Health care and government organizations started 2021 with ransomware incidents at their lowest point in more than a year. As technology in schools continues to advance, so do the challenges that come with it — especially the cyber risks, which only intensify in the education sector,” Hafeez said. “In
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Episode 205 – Google’s Camille Stewart: InfoSec’s Lack of Diversity is a Cyber Risk
The Security Ledger
FEBRUARY 26, 2021
According to an estimate from Cybersecurity Ventures, the shortage of US cyber security workers could reach 500,000 people in 2021. Do infosec’s racial and gender imbalances create their own kind of security risks? ISC2 data show that just 24% of cybersecurity workers are women.
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Cloudflare Helps Businesses Manage Their Cyber Risk; Announces Partnerships with Leading Cyber Insurers and Incident Response Providers
CyberSecurity Insiders
DECEMBER 11, 2021
In the second quarter of 2021 alone, cyber insurance premiums rose by more than 25%. As a result, a new generation of insurance startups has arisen over the past five years to rethink how cyber risk is underwritten, infusing security expertise into the insurance product. © 2021 Cloudflare, Inc. in the U.S.
Decline in ransomware claims could spark change for cyber insurance
CSO Magazine
OCTOBER 21, 2021
The findings come from Corvus Insurance’s Risk Insights Index , which analyzes cyber risk mitigation and claims data, with the commercial insurance firm’s data suggesting that the costs associated with ransomware claims are notably shifting. To read this article in full, please click here
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Report: Cyberattacks drive 185% spike in health care data breaches in 2021
SC Magazine
JULY 13, 2021
million patients have been impacted by a health care data breach so far in 2021, a whopping 185% increase from the same time period last year where just 7.9 Further, the number of breaches reported to the Department of Health and Human Services during the first six months of 2021 increased by 27% year-over-year. More than 22.8
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Cybersecurity and Data Protection lessons from a look back at 2021
BH Consulting
JANUARY 11, 2022
From ransomware and scams to security frameworks and employee privacy, our 2021 ‘greatest hits’ show how broad the areas of cybersecurity and data protection can be. We begin with a look at a contentious topic: cyber risk insurance. However, John warned against thinking a cyber risk policy by itself is sufficient protection.
CISO New Year's Resolutions for 2021
Dark Reading
JANUARY 4, 2021
Six resolutions for forward-looking cyber-risk leaders.
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Prevalent Study Reveals Few Companies Are Expanding Third-Party Risk Management Programs Despite Increasing Threats
Security Boulevard
APRIL 15, 2021
Less Than Half of Respondents Report Tracking Non-Cybersecurity Reputation Risks PHOENIX — April 15, 2021 – Prevalent, Inc., The post Prevalent Study Reveals Few Companies Are Expanding Third-Party Risk Management Programs Despite Increasing Threats appeared first on Security Boulevard.
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Meet the 2021 SC Awards judges
SC Magazine
MAY 1, 2021
For 2021, the judges took on a record number of submissions, identifying which products, people and companies stood out during a tumultuous year. Click here to see the full list of 2021 SC Award finalists. Since founding Cedric Leighton Associates, he has become an internationally known strategic risk expert.
Cyber CEO: A Look Back at Cybersecurity in 2021
Herjavec Group
DECEMBER 15, 2021
Needless to say, in 2021 cybersecurity was front and center for individuals, enterprises, and governments alike. While this was a big task to take on, I have to admit – I’m leaving 2021 behind feeling encouraged and hopeful for cybersecurity in the New Year. The Rise of Ransomware.
How Has CAP Certification Evolved to Lead in Risk Management?
CyberSecurity Insiders
AUGUST 13, 2021
As the needs in cyber risk management change, so must the credentials that support them. The globally recognized credential confirms the knowledge, skill and experience required for using a broad range of frameworks to manage risk and to authorize and maintain information systems.
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Cyber Attack on New York Transport Authority
CyberSecurity Insiders
JUNE 3, 2021
New York Metropolitan Transport Authority, well known shortly as MTA was reportedly hit by a cyber attack in April this year and sources report that the incident was limited only to some systems and no employee or customer info was compromised. .
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Two Tools from RiskLens for Defensive Cyber Insurance Shopping
Security Boulevard
JUNE 1, 2022
cyber insurance carriers in 2021 rose 92% year-over-year, largely in response to a surge in ransomware. Cyber risk insurers are also declining coverage to companies with substandard cybersecurity controls, as well as changing the fine print for sublimits to reduce coverage for types of losses one by one.
The Top Five Sources of Data Breaches and How to Reduce Their Impact
Security Boulevard
JUNE 2, 2022
In the US, 2021 was a record year for reported data breaches , while in the UK, a recent government report revealed that two-fifths of businesses had suffered a cyber-attack over the previous 12 months. Corporate IT security teams are often accused of being too reactive in their approach to threat defense.
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CISO’s Guide to Presenting Cybersecurity to Board Directors
CyberSecurity Insiders
MARCH 30, 2023
Seasoned CISOs/CSOs understand the importance of effectively communicating cyber risk and the need for investment in cybersecurity defense to the board of directors. A comprehensive approach encompasses aligning with business objectives, identifying key cyber risks, and setting priorities for investment.
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Cohesity Launches Security Advisor – Making It as Easy as Scan, Score, Remediate to Improve Security Posture and Reduce Cyber Risks in an Era of Sophisticated Ransomware Attacks
CyberSecurity Insiders
DECEMBER 14, 2021
Studies show that ransomware attacks soared 93% in the first half of 2021. © 2021 Cohesity, Inc. The post Cohesity Launches Security Advisor – Making It as Easy as Scan, Score, Remediate to Improve Security Posture and Reduce Cyber Risks in an Era of Sophisticated Ransomware Attacks appeared first on Cybersecurity Insiders.
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Episode 257: Securing Software on Wheels with Dennis Kengo Oka of Synopsys
The Security Ledger
MARCH 27, 2024
In this episode of The Security Ledger Podcast (#257) Paul speaks with Dennis Kengo Oka, a senior principal automotive security strategist at the firm Synopsys about the growing cyber risks to automobiles as connected vehicle features proliferate in the absence of strong cybersecurity protections. Read the whole entry. »
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Western Digital shuts systems due to Cyber Attack
CyberSecurity Insiders
APRIL 3, 2023
A cyber attack launched and identified on March 26th of this year has triggered the incident response teams of Western Digital (WD) to take appropriate steps to mitigate the cyber risks of the incident. However, it assured to the media that it will reveal more of the cyber incident details after the probe gets done.
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Zurich chief warned that cyber attacks will become uninsurable
Security Affairs
DECEMBER 28, 2022
Cyber attacks targeting critical infrastructures, such as hospitals, pipelines, and electric grids, could block their operations and cause extensive damage. On May 2021, Ireland’s Health Service Executive service shut down its IT systems after they were hit with a “significant ransomware attack.”.
New Axio Research Illustrates Organizations Lack Basic Cybersecurity Practices, Significantly Increasing Ransomware Exposure
Security Boulevard
OCTOBER 13, 2022
Axio’s 2022 State of Ransomware Preparedness Report reveals only 30% of organizations have a ransomware-specific playbook for incident management in place NEW YORK, October 12, 2022 – Axio, the leader in cyber risk management software, today released its 2022 State of Ransomware Preparedness research report.
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