article thumbnail

New DHS Rules Aim to Enhance Visibility Across Critical Infrastructure

SecureWorld News

The Cyber Incident Reporting for Critical Infrastructure Act (CIRCIA) , signed into law in March 2022, directs the Cybersecurity and Infrastructure Security Agency (CISA) to develop regulations for covered entities to report cyber incidents and ransom payments. Gallagher called the estimated $2.6

article thumbnail

Don’t Bet on Passwords: Using MFA to Make Insuring Your Security Less of a Gamble

Duo's Security Blog

Our experts will discuss the risks posed by passwords, what cyber insurers require to protect organizations, and how MFA can meet both of those needs. Hedging your bets with cyber insurance Did you know that global cybercrime costs are expected to grow 15% year over year , eventually reaching $10.5

Insiders

Sign Up for our Newsletter

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

article thumbnail

Report: Cyberattacks drive 185% spike in health care data breaches in 2021

SC Magazine

Estimates show cybercrime will cause $6 trillion in global damages this year and is predicted to reach $10.5 trillion, by 2025, a 75% increase. Lastly, the report warns entities not to rely on cyber insurance as the rates have skyrocketed in response to the rise in ransomware attacks.

article thumbnail

Inflation Is Making Cybersecurity Even More Challenging for Leaders

SecureWorld News

Increased risk of cyberattacks The rising cost of living can lead to an increase in cybercrime, as people become more desperate to make money. Kimberly "KJ" Haywood, Principal Advisor at Nomad Cyber Concepts and Adjunct Cybersecurity Professor at Collin College, had this to say: "Inflation is hitting organizations harder than ever.