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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. The economic impact of cybercrime on business across the globe continues to reach new levels, with the cost predicted to reach US$10.5

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The Scammers’ Playbook: How Cybercriminals Get Ahold of Your Data

eSecurity Planet

Cybercrime is a growth industry like no other. According to the 2021 IBM Threat Force Intelligence Index , Manufacturing was the industry most likely to be attacked last year, comprising 23.2% of cyber attacks IBM handled. In 2020 alone, 79 ransomware attacks were conducted against government entities in the U.S.,

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Cybersecurity threats: what awaits us in 2023?

SecureList

We can therefore expect that cybercrime groups from either block will feel safe to attack companies from the opposing side. The economic downturn (caused by energy prices, inflation, sanctions, etc.) Stefan Soesanto, Senior Cyber Defense Researcher, The Center for Security Studies (CSS) at ETH ZĂĽrich.

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5 Major Cybersecurity Trends to Know for 2024

eSecurity Planet

We each need to consider how these trends may affect our organizations and allocate our budgets and resources accordingly: AI will turbo-charge cybersecurity and cyberthreats: Artificial intelligence (AI) will boost both attackers and defenders while causing governance issues and learning pains.

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Cyber CEO: Cybersecurity in 2021 – What We’ve Learned So Far

Herjavec Group

While the world transitions out of the pandemic, cyber adversaries have continued to take advantage of the chaos – cyber attacks have skyrocketed and are only becoming more frequent, destructive, and sophisticated. It’s a lucrative cyber attack option and can be delivered in various ways.