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Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs

eSecurity Planet

The explosion of ransomware and similar cyber incidents along with rising associated costs is convincing a growing number of insurance companies to raise the premiums on their cyber insurance policies or reduce coverage, moves that could further squeeze organizations under siege from hackers. COVID-19 Accelerates Attacks.

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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.

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Russia steals information from US Defense Contractors

CyberSecurity Insiders

A high alert raised by FBI, NSA and CISA on a joint note says that some government backed hackers are busy stealing confidential information from defense contractors and the campaign to steal intelligence is going from January 2020. Note 2- The advisory was issued when Russia was trying to wage a war with its neighbor Ukraine.

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NASA Audit: Cyber Risk Skyrockets with 'Work from Home'

SecureWorld News

The audit proves what we've heard from many security leaders during our SecureWorld Remote Sessions : the pandemic and work from home have greatly increased the cyber attack surface and attack attempts. NASA lacked an Agency-wide risk management framework for information security and an information security architecture.

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Has ESG Become aWake-Up Call for Cybersecurity?

Security Boulevard

Attacks on the rise. Cyber incidents happen every day. Email phishing, brute force, and even employees leaving with a host of USB sticks, organizations face countless and often unreported cyber attacks. Maintaining these critical resources directly impacts the organization’s risk scoring.

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Cybersecurity in 2022, Predictions for digital ecosystem facing more challenges and sophisticated threats

CyberSecurity Insiders

Also, that threat actors, especially state-sponsored, and criminal enterprises would take advantage of the expanding cyber-attack surface by using their resources to employ more sophisticated means for discovering target vulnerabilities, automating phishing, and finding new deceptive paths for infiltrating malware.

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How to Stop Local Governments From Being Attractive Cyber Attack Targets

CyberSecurity Insiders

For some time, many local government officials did not recognize the risk of behaviors in which they were engaged. Local governments need security because of the high level of stored sensitive information and number of systems they use to share data with state and federal government programs. 1 and June 4.