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Cybercrime to cost over $10 Trillion by 2025

Security Boulevard

By 2025, it is estimated that cybercrime will cost businesses worldwide $10.5 For this reason, business leaders need to prioritize cybersecurity measures in order to protect their data and their company. Minimize data transfers. In a corporate setting, it’s nearly impossible to prevent the transfer of data between devices.

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How Secure Is Cloud Storage? Features, Risks, & Protection

eSecurity Planet

When assessing the overall security of cloud storage and choosing a solution tailored to your business, it helps to determine its features, potential risks, security measures, and other considerations. CSP collaboration improves the security environment where there’s a need to mitigate the emerging risks quickly and comprehensively.

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

SecureWorld News

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. Principle 2: Understand the economic drivers and impact of cyber risk Cyber risk is a financial risk. And a report by the U.S.

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

SC Magazine

million patients have been impacted by a health care data breach so far in 2021, a whopping 185% increase from the same time period last year where just 7.9 Thus, the attack surface has equally expanded, including moving private records and data from outside the walls of the hospitals. trillion, by 2025, a 75% increase.

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Stress pushing CISOs out the door

CSO Magazine

Nearly half of CISOs will change jobs by 2025 due to stress caused by the risk of being breached while trying to retain staff, according to the Gartner report, Predicts 2023: Cybersecurity Industry Focuses on the Human Deal. To read this article in full, please click here

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26 Cyber Security Stats Every User Should Be Aware Of in 2024

Security Affairs

Phishing Attacks: Phishing is the top cyber attack, causing 90% of data breaches. Data Breach Costs: The average global cost of a data breach in 2023 was $4.45 Cyber Skills Gap: By 2025, there could be 3.5 trillion annually by 2025, rising by 15% each year. of organizations faced ransomware.

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What is the Difference Between DORA and GDPR?

Centraleyes

Published in the Official Journal of the European Union on December 27, 2022, DORA officially came into force on January 16, 2023, with its full implementation slated for January 17, 2025. It signaled a significant shift in the approach to digital risk management for financial entities and select ICT service providers.