article thumbnail

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

The Last Watchdog

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. Yet, boardroom focus on cyber risk appears to be diminishing. trillion by 2025, a 300% increase since 2015 1.

article thumbnail

(Cyber) Risk = Probability of Occurrence x Damage

The Hacker News

Here’s How to Enhance Your Cyber Resilience with CVSS In late 2023, the Common Vulnerability Scoring System (CVSS) v4.0 was unveiled, succeeding the eight-year-old CVSS v3.0, with the aim to enhance vulnerability assessment for both industry and the public.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

RiskLens CEO Nick Sanna on Cyber Risk Quantification in 2023

Security Boulevard

Cybersecurity budgets under pressure…regulators tightening risk disclosure rules.breakdown in the cyber insurance market. As 2022 ended, a series of trends lined up that will set the agenda in 2023 for cyber risk and security leaders.

article thumbnail

Ranking Top Cyber Risks to Financial Companies with Risk Quantification

Security Boulevard

Add “that’s where the data is” to crime risk for the financial industry today, including banks, insurance companies, lenders, investment companies, credit agencies, exchanges and the many third parties that make the money go around. “Because that’s where the money is” – the classic answer from a bank robber on why he robbed banks.

article thumbnail

News alert: Qualys unveils ‘Enterprise TruRisk Platform’ to help businesses eliminate cyber risks

Security Boulevard

21, 2023 — Qualys , a cloud-based IT, security and compliance solutions leader, unveiled its forward-looking vision of the Qualys Enterprise TruRisk Platform on Nov. Foster City, Calif.,

article thumbnail

3 Ways to Defend a Cybersecurity Budget with Cyber Risk Quantification

Security Boulevard

Survey participants named “cost management” their number one priority for 2023. The post 3 Ways to Defend a Cybersecurity Budget with Cyber Risk Quantification appeared first on Security Boulevard. On the other hand, 79% said they intend to make new investments in the new year in “digital transformation.”.

article thumbnail

Ranking Cyber Risks to Healthcare Companies with Risk Quantification

Security Boulevard

It’s high stakes in the cyber risk landscape for healthcare ­providers, payers, medical device makers, third-party vendors, and the rest of a complex ecosystem where cyber events have real-world consequences in cancelled surgeries, disrupted emergency rooms, and damaging releases of the most sensitive personal information (PHI).