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LW ROUNDTABLE: Compliance pressures intensify as new cybersecurity standards take hold

The Last Watchdog

Part three of a four-part series In 2024, global pressure on companies to implement advanced data protection measures intensified, with new standards in encryption and software transparency raising the bar. emphasizes governance, while the SEC mandates cyber risk reporting and incident disclosures.

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Healthcare Cybersecurity Market Soars: Key Trends and Insights

SecureWorld News

billion in 2024 and is projected to reach $82.90 The healthcare sector faces an unprecedented wave of cyber threats, which in turn is fueling record growth in cybersecurity spending. billion by 2033 signals a nearly fourfold increase from 2024. billion by 2033, at a robust 18.55% CAGR. The market's expected ris e to $82.9

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Top Cyber Attacker Techniques, August–October 2024

Digital Shadows

Key Points Phishing incidents rose during the reporting period (August 1 to October 31, 2024), accounting for 46% of all customer incidents. Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance.

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Risk Management in Higher Education: Top Challenges and Proven Solutions

Centraleyes

Cyber Insurance: Another Layer of Complexity With ransomware on the rise, cyber insurance premiums are spiking. Insurers are demanding risk quantificationmeaning institutions need to demonstrate they have: Incident response plans. Regular risk assessments. Vendor risk management processes.

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Trade Wars: How U.S. Tariffs Are Reshaping Cyber Risk and Resilience

SecureWorld News

The impact will be felt well beyond the involved countries of Canada, USA, Mexico, and China," said Kenrick Bagnall , Founder, KONCYBER & RB-Cyber Assurance; Royal Candian Mounted Police (RCMP) Contractor/Instructor; Toronto Police Service (Cybercrime Unit) (Ret.). " These tariffs will create real cyber risks.

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Cyber Insurance Premiums Decline as Businesses Boost Security Measures

SecureWorld News

Global cyber insurance premiums are declining despite an uptick in ransomware attacks, according to a recent report by insurance broker Howden. This trend reflects improved business security practices, evolving insurance industry dynamics, and changing attitudes toward cyber risk management.

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U.S. Treasury, NSF Partner to Bolster Terrorism, Cyber Risk Modeling

SecureWorld News

Department of the Treasury's Federal Insurance Office (FIO) announced a major new initiative this week to improve the insurance industry's capabilities around modeling and underwriting terrorism and catastrophic cyber risks.