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Cyber Threats: The Financial System’s Top Risk

CyberSecurity Insiders

With cyber attacks against financial and banking institutions now a daily occurrence, cyber threats have become the biggest risk to the global financial system, according to Federal Reserve Chairman Jerome Powell. But the world changes, the world evolves, and the risks change as well.

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Cybersecurity Snapshot: U.S. Gov’t Urges Adoption of Memory-Safe Languages and Warns About Iran Cyber Threat

Security Boulevard

government’s latest call for developers to use memory-safe programming languages, as well as its warning for cybersecurity teams regarding cyber risk from hackers tied to Iran. Plus, get the latest on ransomware trends, the quantum computing cyber threat and more! Check out the U.S. and the U.K.)

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

The Last Watchdog

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%). But worryingly they appear less concerned by cyber risk than a couple of years ago.

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Navigating a Heightened Cyber Threat Landscape: Military Conflict Increases Attack Risks

Security Boulevard

banks, defense contractors and oil industry companies since the military bombings, although no widespread disruptions have been caused yet. According to the article, “Two pro-Palestinian hacking groups claimed they targeted more than a dozen aviation firms, banks and oil companies following the U.S. strikes over the weekend.

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From Compliance to Confidence: How AI Is Reshaping Third-Party Risk

SecureWorld News

As geopolitical instability, supply chain disruption, and cyber threats continue to escalate, third-party risk management (TPRM) is evolving from a compliance function to a strategic business imperative. Third-party cyber risk is no longer confined to the IT function.

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The Role and Benefits of AI in Cybersecurity

SecureWorld News

Cyber threats evolve daily, often outpacing traditional security measures. On defense, AI analyzes network traffic, detects anomalies, and responds to threats in real time. Unlike traditional signature-based systems, AI excels at identifying new and unknown cyber threats, making security stronger and more adaptive.

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Unanswered Questions Loom Over Cyber Attacks on M&S, Co-op & Harrods

Jane Frankland

It’s the May Bank Holiday, and as I sit at my desk, working, unanswered questions continue to swirl around the recent cyberattacks on Marks & Spencer (M&S) , the Co-op , and Harrods , leaving the full scope and implications of these breaches uncertain. Shift your Mindset from If to When Cyber incidents are inevitable.