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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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Moody’s to Include Cyber Risk in Credit Ratings

Adam Levin

The American business and financial services company Moody’s will start factoring risk of getting hacked into their credit ratings for companies. The move is seen as part of a wider initiative to gauge the risk of cyberattacks and data breaches to companies and their investors. “We’ve Read more about the story here.

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Most commonly used PINs putting smart phones to cyber risks

CyberSecurity Insiders

Well, according to the SANS Institute, 26% of devices using the above-mentioned passcodes were easily hacked by cybercriminals in the past three years. The post Most commonly used PINs putting smart phones to cyber risks appeared first on Cybersecurity Insiders.

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3 Productivity Hacks for Cyber Risk Quantitative Analysis with RiskLens

Security Boulevard

We built the RiskLens Enterprise SaaS platform to automate cyber risk quantification with Factor Analysis of Information Risk (FAIR™). A guided workflow takes you through the steps of creating risk scenarios, filling in the data inputs, running Monte Carlo analysis and reporting out the results in business-friendly formats.

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Accellion data breach highlights third party cyber risk

Security Boulevard

Two mega-breaches caused by third parties have occurred over the last month, adding to the recent Solarwinds epic supply chain hack, to create a growing tsunami of third party risk for enterprises and government organizations. The post Accellion data breach highlights third party cyber risk appeared first on SecureLink.

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The ultimate guide to Cyber risk management

CyberSecurity Insiders

Ambitious information security experts serve as a critical part of cyber risk management. This can be achieved through the use of cyber risk management approaches. This article explores the need for security and provides an overview of cyber risk assessment. Cyber risk management. Risk control.

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Webinar Recap: Mitigating Cyber Risks

SecureWorld News

What is the difference between a day at the beach and managing a cyber risk assessment plan? Risk is not what happens or occurs after that risk materializes. The speakers also delve into notable topics about what risk is, what it is not, and how to analyze potential risks.