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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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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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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. So, how do organizations prepare against such threats?

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

The Last Watchdog

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. Yet, boardroom focus on cyber risk appears to be diminishing. trillion by 2025, a 300% increase since 2015 1.

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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.

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GUEST ESSAY: Rising cyber risks make business intelligence gathering more vital than ever

The Last Watchdog

The top reason, chosen from a proved list of ten, was ‘increased cyber security risks’, followed by the related concern, ‘new and/or increased data privacy regulations’. Cyber security keeps the C-suite up at night and perhaps that’s no surprise. Cyber in a silo? Context of risk.