article thumbnail

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

The Last Watchdog

trillion by 2025, a 300% increase since 2015 1. Yet, boardroom focus on cyber risk appears to be diminishing. The perceived threat of cyber risk to global business leaders peaked in 2021 (34%) and over the past two years, the risk perception has dropped (27%).

article thumbnail

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? Phishing emails are more common than you know. trillion annually by 2025.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Top 5 Security Trends this Summer: RSA Conference & Black Hat 2022

Webroot

As cyberattacks have become more costly and more challenging to track, cyber insurance has gained prominence across the industry. Unfortunately, as cyber risks mount, insurers are raising prices for coverage, requiring customers to answer lengthy questionnaires and limiting who they provide cyber insurance coverage to.

article thumbnail

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
article thumbnail

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

SC Magazine

trillion, by 2025, a 75% increase. The data supports a June Avanan report , which confirmed health care has been among the most targeted with phishing attacks during the first half of 2021, alongside the IT and manufacturing industries. The health care sector saw over 6,000 phishing emails out of an average of 451,792 emails.

article thumbnail

Inside the Complex Universe of Cybersecurity

SecureWorld News

The exponential growth of Internet of Things (IoT) devices, simultaneously projected to exceed 75 billion by 2025 by Statista, presents substantial security and privacy challenges, particularly in the context of widespread 5G connectivity. Real-world conflicts cast shadows that significantly amplify cyber risks.

article thumbnail

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

CyberSecurity Insiders

Also, that threat actors, especially state-sponsored, and criminal enterprises would take advantage of the expanding cyber-attack surface by using their resources to employ more sophisticated means for discovering target vulnerabilities, automating phishing, and finding new deceptive paths for infiltrating malware.