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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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North Korean Hackers Intensify Cyberattacks on South's Arms Industry

SecureWorld News

North Korea's prolific state-sponsored hacking units are once again setting their sights on South Korea's defense and arms manufacturing sector. South Korea is home to major defense manufacturers such as Korea Aerospace Industries Ltd. KAI), Hanwha Aerospace Co. , LIG Nex1 Co. , and Hyundai Rotem Co. currently Hanwha Ocean Co.

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Deciphering the Omnibus for Medical Device Security

NetSpi Executives

Section 3305 mandates that medical device manufacturers must submit comprehensive plans to the FDA, focusing on monitoring, identifying, and proactively addressing medical device vulnerabilities. Notably, the law is characterized by its foundational correctness and forward-looking approach, ensuring adaptability to evolving cyber threats.

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Corvus Insurance Reports the Ratio of Ransoms Demanded to Ransoms Paid is Steadily Declining

CyberSecurity Insiders

The report provides an inside look at the insights and tools used by risk managers, IT departments, security researchers, and solution providers to hone their offerings and approaches to keeping organizations safe from evolving cyber threats. “By Litigation risks for tech vendors. Ransomware claims and costs.

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SPOTLIGHT: Women in Cybersecurity

McAfee

Alexandra Heckler is Chief Information Security Officer at Collins Aerospace, where she leads a diverse team of cyber strategy and defense experts to protect against cyber threats and ensure regulatory compliance. in Communication, Culture and Technology from Georgetown University. Director/CISO of IT Risk Management.

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

CyberSecurity Insiders

As we near 2022, the cyber threat landscape remains just as ominous. For hackers’ soft targets for ransomware extortion are plentiful, especially in the healthcare, financial, and manufacturing industries. The scale and frequency of cyber-attacks against critical infrastructure continues to grow. forbes.com).

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Cyber Security Awareness and Risk Management

Spinone

VoIP phishing and impersonation also victimized millions of corporate employees across the world , contributing to an even greater cyber threat. Cloud security success and choosing the right investments is all about having a clear understanding of threat types and their resulting damages.