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

The Last Watchdog

The data shows how perceptions around cyber and technology risks, from ransomware and other cyber-attacks to the threats posed by AI, are changing the global business risk landscape. Yet, boardroom focus on cyber risk appears to be diminishing. trillion by 2025, a 300% increase since 2015 1.

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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.

Insiders

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Half a billion cyber attacks thwarted by Tokyo Olympics 2021

CyberSecurity Insiders

A recent statement issued by the Summer Olympics Organizer from Japan revealed that the cyber threat to the games event was so intense that the organizing committee had to hire a third party firm that with a dedicated team of 200 Cybersecurity specialists helped thwart over 500 million or half a billion cyber attacks.

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Spotlight Podcast: CSO Chris Walcutt on Managing 3rd Party OT Risk

The Security Ledger

In this Spotlight Podcast, host Paul Roberts talks with Chris Walcutt, the CSO of DirectDefense about the rising cyber threats facing operational technology (OT) and how organizations that manage OT - including critical infrastructure owners can best manage increased cyber risks to OT environments.

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Why a fear of cyber threats is not paranoia

IT Security Guru

million following a cyber attack in 2018 which flagged that it was failing to keep its customers’ personal data secure. Cyber threats are a real and significant problem. So what changed to make me understand the very real risk that cyber threats present to daily life? Education is the best defence.

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NIS2 Framework: Your Key To Achieving Cybersecurity Excellence

Centraleyes

The Evolving Cyber Threat Landscape The contemporary threat and regulatory landscape have pressed organizations to fortify their cyber-crisis management capabilities. In recent years, a surge in cyber-attacks targeting critical infrastructure has been observed globally.

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LW ROUNDTABLE: Cybersecurity takeaways of 2023 — and what’s ahead in 2024 ( part 3)

The Last Watchdog

Last Watchdog posed two questions: •What should be my biggest takeaway from 2023, with respect to mitigating cyber risks at my organization? ai Antani Many speculated that the ransomware attack on a Toyota supply chain player in Kojima, Japan was in retaliation for Japan’s aid to Ukraine. Educate your workforce.