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

The Last Watchdog

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. trillion by 2025, a 300% increase since 2015 1. trillion by 2025, a 300% increase since 2015 1.

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Mobile Security Company Zimperium acquires WhiteCryption

CyberSecurity Insiders

whiteCryption offers advanced application shielding and cryptographic protection technology that will now be integrated into the Zimperium’s Mobile Application Protection Suite (MAPS) that will help create world’s most advanced mobile application protection solution. billion mobile and IoT devices.

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Best Third-Party Risk Management (TPRM) Tools of 2021

eSecurity Planet

In a developing market, third-party risk management (TPRM) software and tools could be the answer to helping organizations fill the gap. This article looks at the top third-party risk management vendors and tools and offers a look into TPRM solutions and what buyers should consider before purchasing. Aravo TPRM.

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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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Form risk operations centers to manage cyber as a business function

SC Magazine

Visa has been a leader in establishing a risk operations center. We see a rapid shift in large enterprises towards thinking and communicating their posture in terms of risk. We see a new, dedicated function arising, the risk operations center (ROC). Executives are very good at making decisions based upon risk.

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Global Cybersecurity Skills Gap Still Widening Despite Growing Workforce

SecureWorld News

Cyber threats pose one of the most significant risks to businesses, governments, and individuals today. Without enough competent professionals to secure systems, assess risks, and respond to threats, organizations in every industry are dangerously exposed. This skills gap represents a critical vulnerability.

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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.

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