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Global Cybersecurity Skills Gap Still Widening Despite Growing Workforce

SecureWorld News

The costs of cybercrime continue to rise, with estimates of more than $6 trillion in damages globally per year by 2025. With technological innovations like cloud computing, AI/ML, the Internet of Things, and more making cyber risks even more complex, qualified talent is hugely in demand.

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The Evolving Role of Cyber Insurance in Mitigating Ransomware Attacks

SecureWorld News

For example, the healthcare sector, a prime target for these types of attacks , planned to spend $125 billion to defend against breaches from 2020 to 2025. On top of this, a significant 41% of victims opted to pay the ransom, which is a difficult decision that's fraught with its own respective complexities and risks.

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Cybersecurity in 2022, Predictions for digital ecosystem facing more challenges and sophisticated threats

CyberSecurity Insiders

projected deaths due to a cybersecurity threat weaponizing industrial facilities by 2025. “By 2025, it is expected that there will be more than 30 billion IoT connections, almost 4 IoT devices per person on average and that also amounts to trillions of sensors connecting and interacting on these devices. The firm Gartner Inc.,

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Inside the Complex Universe of Cybersecurity

SecureWorld News

Notably, artificial intelligence (AI) emerges as a double-edged sword. While it fosters innovation, automation, and productivity, it simultaneously introduces significant cybersecurity and privacy risks. Real-world conflicts cast shadows that significantly amplify cyber risks.

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Protecting your Customers and Brand in 2022: Are you doing enough?

Jane Frankland

These are leaders who understand how to implement progressive technologies, like the cloud, 5G, artificial intelligence, machine learning, and others that are intricately woven, interconnected, and interdependent. Cyber risks top worldwide business concerns in 2022. billion) is expected online.

CISO 130
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Form risk operations centers to manage cyber as a business function

SC Magazine

Unlike the SOC, which takes a more reactive approach to cybersecurity, the ROC encompasses cyber and IT with a focus purely on proactive risk management, working with the SOC to analyze risks of the past and improve mitigation. ROCs also focus on collaboration between technical and business stakeholders.

Risk 66
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The Challenges in Building Digital Trust

SecureWorld News

With some experts predicting that cybercrime is going to grow into a $10 trillion industry by 2025, how long can digital trust be taken for granted before we begin to lose faith in our digital services? I consider digital trust, just like cyber risk management, to be a team sport. That is a trend that is already apparent.