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Western Digital shuts systems due to Cyber Attack

CyberSecurity Insiders

A cyber attack launched and identified on March 26th of this year has triggered the incident response teams of Western Digital (WD) to take appropriate steps to mitigate the cyber risks of the incident. The post Western Digital shuts systems due to Cyber Attack appeared first on Cybersecurity Insiders.

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Growing Nation-State Alliances Increase U.S. Cyber Risks

Lohrman on Security

NATO countries are facing a growing breadth and depth of nation-state cyber attacks as Russia, China, Iran and other countries increase military cyber cooperation.

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Zurich chief warned that cyber attacks will become uninsurable

Security Affairs

The chief executive of insurance giant Zurich warns that cyber attacks, rather than natural catastrophes, will become uninsurable. Mario Greco, chief executive of insurer giant Zurich, has warned that cyber attacks will become soon “uninsurable.”. These people can severely disrupt our lives.” Pierluigi Paganini.

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Australia entities suffer Cyber Attacks and QUAD update

CyberSecurity Insiders

The Guardian’s Australian staff were targeted in a sophisticated cyber attack that led to the leak of personal information of 140 current and former staff members. The post Australia entities suffer Cyber Attacks and QUAD update appeared first on Cybersecurity Insiders.

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GUEST ESSAY: New SEC rules aim to help C-levels, board members quantify cyber risks

The Last Watchdog

Securities and Exchange Commission (SEC) is taking steps to crack down on insufficient cyber risk reporting. Related : Making third-party risk audits actionable. The SEC, in essence, is compelling businesses, public companies and large investment firms to better prepare for inevitable cyber attacks.

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Cyber Risk Quantification Drives Cyber Risk Awareness for Security AND Business Leaders

Security Boulevard

As hackers get savvier and cyber-attacks continue to grow in frequency and damage, business leaders must prioritize cyber spending and resources. The post Cyber Risk Quantification Drives Cyber Risk Awareness for Security AND Business Leaders appeared first on Axio.

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CFOs ignoring billions of dollars loss incurred through Cyber Risks

CyberSecurity Insiders

Chief Financial Officers aka CFOs are ignoring billions of dollars loss incurred through cyber risks and threats, says a survey. So, experts want the CFOs to stay in a loop with the board to understand the risks and severity involved in cyber attacks.