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Public companies may not grasp responsibility to investors in sharing info on cyber risk

SC Magazine

Publicly traded companies must start disclosing more “actionable” information to shareholders and regulators around their cyber risks and vulnerabilities. data breach. The post Public companies may not grasp responsibility to investors in sharing info on cyber risk appeared first on SC Media.

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News alert: Kovrr report reveals exposure and cost of material cyber threats — across industries

The Last Watchdog

5, 2023 — Kovrr , the leading global provider of cyber risk quantification (CRQ) solutions, announces the release of its new Fortune 1000 Cyber Risk Report, shedding light on the complex and ever-evolving cyber risk landscape across various industry sectors and the respective financial repercussions companies may consequently face.

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Kroll Employee SIM-Swapped for Crypto Investor Data

Krebs on Security

And there are indications that fraudsters may already be exploiting the stolen data in phishing attacks. This means that stealing someone’s phone number often can let cybercriminals hijack the target’s entire digital life in short order — including access to any financial, email and social media accounts tied to that phone number.

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GUEST ESSAY: Atrium Health data breach highlights lingering third-party exposures

The Last Watchdog

The Atrium breach demonstrates how any third party in a company’s digital ecosystem can be the weak link that gives attackers a clear path to exposed data. The fact that this incident is being labeled “the Atrium breach” in the media also shows where the reputational risk lies. Sticky problem.

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Report: Cyberattacks drive 185% spike in health care data breaches in 2021

SC Magazine

million patients have been impacted by a health care data breach so far in 2021, a whopping 185% increase from the same time period last year where just 7.9 The Fortified Health report is meant to support health care covered entities in light of the ongoing threats and the rise in data breach numbers. More than 22.8

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News alert: Harter Secrest & Emery announces designation as NetDiligence-authorized Breach Coac

The Last Watchdog

15, 2024 – Harter Secrest & Emery LLP , a full-service business law firm with offices throughout New York, is pleased to announce that it has been selected as a NetDiligence-authorized Breach Coach ® , a designation only extended to law firms that demonstrate competency and sophistication in data breach response.

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7 Insights About Managing Cyber Risk You Can’t Afford To Miss

Jane Frankland

IBM found that the average time to identify a breach in 2019 was 206 days. Human error causes many data breaches. Often, I see a tendency to deal with risk management as a compliance issue that can be solved by creating lots of rules and ensuring employees follow them. But know this. One size does not fit all.