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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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GUEST ESSAY: The three horsemen of cyber risks: misinformation, disinformation and fake news

The Last Watchdog

Such a transformation however, comes with its own set of risks. Misleading information has emerged as one of the leading cyber risks in our society, affecting political leaders, nations, and people’s lives, with the COVID-19 pandemic having only made it worse.

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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. Interestingly, over 87% of survey respondents are over-confident that their companies can overcome any level of threats, although their current Cybersecurity posture was never tested to the core.

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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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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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Cyber Attack on New York Transport Authority

CyberSecurity Insiders

New York Metropolitan Transport Authority, well known shortly as MTA was reportedly hit by a cyber attack in April this year and sources report that the incident was limited only to some systems and no employee or customer info was compromised. .