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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 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. .

Insiders

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Security Affairs newsletter Round 493 by Pierluigi Paganini – INTERNATIONAL EDITION

Security Affairs

CISA adds Windows and Qualcomm bugs to its Known Exploited Vulnerabilities catalog Three new Ivanti CSA zero-day actively exploited in attacks Ukrainian national pleads guilty in U.S. Every week the best security articles from Security Affairs are free in your email box.

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NEW TECH: Trend Micro flattens cyber risks — from software development to deployment

The Last Watchdog

All year now they’ve been stepping up cyber attacks that leverage and/or exploit the notoriety of the global pandemic in one way or another. Threat actors today have access to sophisticated scanning and search tools, for free, as well as turnkey hacking kits that require minimal tech savvy. Threat actors haven’t missed a beat.

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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. However, it assured to the media that it will reveal more of the cyber incident details after the probe gets done.

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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.”. SecurityAffairs – hacking, Zurich). Pierluigi Paganini.

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China is targeting smaller nations with Cyber Attacks

CyberSecurity Insiders

Exploiting zero-day vulnerabilities, phishing, malware attacks, and exploring and exploiting unpatched software issues were being employed by the hacking groups funded by the Xi Jinping led nation. The post China is targeting smaller nations with Cyber Attacks appeared first on Cybersecurity Insiders.