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GUEST ESSAY: Why internal IT teams are ill-equipped to adequately address cyber risks

The Last Watchdog

Every industry is dealing with a myriad of cyber threats in 2024. It seems every day we hear of another breach, another scam, another attack on anything from a small business to a critical aspect of our nation’s infrastructure. Open are slim to none.

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Understanding the Cost of Cybersecurity Breaches for Small Businesses

Cytelligence

Small businesses are increasingly becoming prime cyberattack targets in today’s interconnected world. While large corporations often make headlines when they fall victim to cybercrime, the impact on small businesses can be equally devastating, if not more so.

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

The Last Watchdog

The economic impact of cybercrime on business across the globe continues to reach new levels, with the cost predicted to reach US$10.5 Yet, boardroom focus on cyber risk appears to be diminishing. In 2024, it is predicted to remain at 27% whilst business preparedness for this risk continues to decline.

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GUEST ESSAY: How ‘DPIAs” — data privacy impact assessments — can lead SMBs to compliance

The Last Watchdog

It’s often difficult for small businesses to invest significantly in data privacy compliance or security measures because they don’t have large budgets. But this same characteristic can also be a disadvantage, as SMBs often lack the resources and expertise to keep up with complex regulations. Scarce resources.

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Small and Medium Businesses Day: Tips on Securing the Backbone of National Economies

Thales Cloud Protection & Licensing

An expanding and more complex business risk environment More than ever, small businesses need support to overcome the ripple effects of geopolitical tensions, climate crisis, and financial recession. However, small businesses ability to respond to threats due to constrained resources is very different.

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US Bill Would Require Vulnerability Disclosure for Federal Contractors

SecureWorld News

However, some critics have argued that the bill could be too burdensome for small businesses. The DoD and its federal defense contractors face the same escalating cyber threats that every industry faces daily. Moreover, the DoD entrusts highly sensitive and proprietary data and networks with its defense contractors.

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MY TAKE: A path for SMBs to achieve security maturity: start small controlling privileged accounts

The Last Watchdog

The challenge of embracing digital transformation while also quelling the accompanying cyber risks has never been greater for small- and mid-sized businesses. There’s a glut of innovative security solutions, to be sure, and no shortage of security frameworks designed to help companies mitigate cyber risks.