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

The Last Watchdog

The data shows how perceptions around cyber and technology risks, from ransomware and other cyber-attacks to the threats posed by AI, are changing the global business risk landscape. The economic impact of cybercrime on business across the globe continues to reach new levels, with the cost predicted to reach US$10.5

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6 Consensus Principles for Cyber Risk Governance: A Roadmap for Boards

SecureWorld News

And a report by the World Economic Forum estimates that the global cost of cybercrime could reach $10.5 trillion by 2025. They need to understand the economic drivers and impact of cyber risk, and they need to ensure that cyber risk management is aligned with business objectives. And a report by the U.S.

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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

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Defending Against the Threats to Our Security

SecureWorld News

As we rely increasingly on digital technologies for our work, communication, entertainment, and education, we also expose ourselves to more and more cyber risks. But how much do we know about the cyber threats we face daily? According to PurpleSec, 98% of cybercrime relies on social engineering to accomplish it.

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Global Cybersecurity Skills Gap Still Widening Despite Growing Workforce

SecureWorld News

Without enough competent professionals to secure systems, assess risks, and respond to threats, organizations in every industry are dangerously exposed. The costs of cybercrime continue to rise, with estimates of more than $6 trillion in damages globally per year by 2025.

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

Jane Frankland

They know that by 2025 an estimated 70% of the workforce will be working remotely at least 5-days per week and by 2030 90% of the world’s population (7.5 The pressure for those in charge is immense as cyber risks have scaled, and can now bring businesses, economies, and communities to a halt. billion) is expected online.

CISO 130
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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. Thus, the attack surface has equally expanded, including moving private records and data from outside the walls of the hospitals.