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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. Yet, boardroom focus on cyber risk appears to be diminishing. trillion by 2025, a 300% increase since 2015 1.

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What Is Integrated Risk Management? Definition & Implementation

eSecurity Planet

Integrated risk management (IRM) is a discipline designed to embed risk considerations for the use of technology throughout an organization. In other words, it links technology spending directly to the value of the resource protected and the associated risks controlled by that technology.

Risk 67
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Cyber and Privacy Risks for Real Estate Enterprises

SecureWorld News

Cyber risk is an existential issue for companies of all sizes and in all industries. The integration of technology and automation, and related collection, use, and sharing of information into everyday business practices presents an enormous opportunity for efficiency and precision, especially in the real estate sector.

Risk 84
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Risk and Regulation: A Strategic Guide to Compliance Risk Assessment

Centraleyes

Compliance Risk Assessments For a Dynamic Regulatory Terrain Crafting an effective compliance program is no one-size-fits-all endeavor; it involves tailoring a comprehensive strategy that addresses your company’s unique needs and confronts specific challenges head-on. Compliance Risk Assessment: Who, What, Where, When, and How?

Risk 52
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Crypto trading firm freezes accounts due to a Cyber Attack

CyberSecurity Insiders

While the company has not provided a specific timeline, it has reassured users that its IT staff are working tirelessly to mitigate the risks associated with the attack. In response to the attack, FPG has taken precautionary measures by locking all 3rd party accounts and wallets.

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Even dead employees pose a security risk when their accounts are still active

SC Magazine

A recent ransomware attack highlight the dangers of extraneous accounts sitting on your network – particularly those belonging to former employees. Standard cyber hygiene calls for the purging of employees’ credentials accounts from a corporate network once they quit or are fired from their position.

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As market for cyber insurance booms, watchdog calls for better data

SC Magazine

In a report released May 20, the Government Accountability Office looked at how the private cybersecurity insurance market has developed over the past five yearsRich Baich is global chief information security officer for insurance giant AIG. Photo by Spencer Platt/Getty Images).