The Security Ledger

MAY 2, 2024

Host Paul Roberts speaks with Jim Broome, the CTO and President of MSSP DirectDefense about the evolution of cybersecurity threats and how technologies like AI are reshaping the cybersecurity landscape and the work of defenders and Managed Security Service Providers (MSSP). Read the whole entry. »

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Cyber threats Artificial Intelligence Threat Reports Technology 52

SecureWorld News

MARCH 20, 2024

However, as the nature of cyber threats continues to evolve, so too do the offerings of cyber insurance, expanding to provide more comprehensive risk management solutions. The scarcity of data here forces insurers to depend on a range of indirect factors to estimate risks and price policies.

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Cyber Insurance Insurance Ransomware Risk 94

Jane Frankland

APRIL 28, 2022

Today, in business, it’s all about working with digital natives – customers, partner companies, and employees – building trust and implementing advanced solutions to enhance their experience. Nowadays, organisations need digital leaders such as CIOs, CISOs, and CTOs who are strategists, visionaries, and know how to manage, effectively.

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CISO Mobile Technology Risk 130

SecureWorld News

DECEMBER 11, 2023

How do you trust an algorithm that's making thousands of decisions a second when you don't even know how it works? And how do you trust a company that is silently tracking your movements every day, collecting data on you, and not telling you what they do with that data? Have you been thinking about digital trust?

Technology 92

Technology Artificial Intelligence Cybercrime Government 92

eSecurity Planet

MAY 27, 2021

A report this month from the Government Accountability Office (GAO) found that the number of companies seeking cyber insurance coverage has steadily risen since 2016 and that insurers are increasing the prices of their policies and lowering their coverage limits as the number of cyberattacks rise. How secure is their architecture?

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Cyber Insurance Insurance Cyber Attacks Ransomware 128

SecureWorld News

MAY 5, 2023

Broadnax, who said he is optimistic that the risk is contained. Since City of Dallas' Information and Technology Services detected a cyber threat Wednesday morning, employees have been hard at work to contain the issue and ensure continued service to our residents," he said. Bleeping Computer covered the breach in this article.

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Ransomware Cyber Risk Cyber Insurance Social Engineering 83

Cytelligence

AUGUST 8, 2023

Cyber threats pose a significant risk to businesses of all sizes. No organization is immune to the ever-evolving landscape of cyberattacks, from small startups to multinational corporations. Every business has its own set of assets, operations, and risk appetite.

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Cyber threats Threat Detection Risk Cybersecurity 52

SiteLock

AUGUST 27, 2021

Whether it’s rent, payroll, or something else, there’s one potentially huge cost many business owners don’t factor in until they’re facing it – the cost of recovering from a cyberattack. The problem is so severe and widespread that Cybersecurity Ventures projects that cyberattacks will cost organizations worldwide $6 trillion by 2021.

Data breaches 98

Data breaches DDOS Ransomware Marketing 98

Duo's Security Blog

OCTOBER 7, 2022

Cyber security is a concern for companies of all sizes, but can be particularly significant for smaller businesses who are less likely to have the dedicated technical staff in place to ensure the right controls are in place to protect them. What are the benefits of working with a Duo Managed Service Provider?

Small Business 76

Small Business Cyber Insurance Insurance Cyber Risk 76

CyberSecurity Insiders

DECEMBER 6, 2021

Some of the most disruptive cyberattacks occurred this year, such as JBS Foods, Kaseya and Colonial Pipeline. Another respondent had a similar viewpoint, suggesting that CEOs “design security into the product, service or process and shift the work left to provide a more resilient and better outcome for your company and customers.”

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Cybersecurity Ransomware Security Awareness Technology 105

IT Security Guru

DECEMBER 1, 2022

During the last few years, we have all become witnesses to intense cybercrime and sophisticated cyberattacks. This upward trend is further fuelled by a shift in working conditions like working remotely. Instead, what they need to do is to manage human risk. In every organization, training is a fundamental procedure.

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Cyber threats Cybersecurity Education Risk 111

CyberSecurity Insiders

MARCH 27, 2023

In today’s digital world, it’s no surprise that cyberattacks are becoming more frequent and intense. What are cybersecurity audits and how often should they be to remain safe in the threatening IT world? The post How often should security audits be? appeared first on Cybersecurity Insiders.

Artificial Intelligence 121

Artificial Intelligence Cybersecurity Phishing Risk 121

Duo's Security Blog

DECEMBER 7, 2022

Much has been published about how the demand — and subsequent cost — for cyber liability insurance has skyrocketed in line with increasing incidents of cyberattacks. But what are the risks with this approach? Is the solution compatible with remote work and cloud applications? How are you protecting your endpoints?

Insurance 80

Insurance Cyber Insurance Ransomware Risk 80

Security Affairs

DECEMBER 1, 2022

The attack is a good reminder of how critical strong encryption is in protecting your website users. government agencies and large organizations were hit by cyberattacks due to a vulnerability in their IT infrastructure provider – SolarWinds. Third-party risk management. Educate employees about cyber risks.

Data breaches 101

Data breaches Passwords Social Engineering Encryption 101

SecureWorld News

NOVEMBER 23, 2020

We hear it all the time from the virtual stage of regional SecureWorld conferences: Cyber risk is business risk. Hedge fund firm: profits way up before the cyberattack. And hackers took advantage of this trend to launch a silent cyberattack against Levitas Capital—one it never saw coming. Million to Hackers ].

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Cyber Attacks Banking Cyber Risk Accountability 113

Centraleyes

NOVEMBER 8, 2023

stock exchanges must adhere to the cyber risk management and material incident reporting guidelines, commencing in mid-December 2023 (or Spring 2024 for qualifying small companies). Review and Strengthen Your Cyber Risk Management Program: Ensure that your cybersecurity risk management program adheres to best practices and is robust.

CISO 52

CISO Cyber Risk Risk Cybersecurity 52

SecureWorld News

MARCH 3, 2021

Universal Health Services (UHS), an American Fortune 500 company that provides healthcare services, recently revealed that it fell victim to a cyberattack in late September 2020 which forced IT networks to be shutdown at multiple hospitals in the US. This is just more proof that cyber risk is a business risk.

Data breaches 86

Data breaches Technology Healthcare Insurance 86

IT Security Guru

JUNE 28, 2022

The majority of cyberattacks are not complex, they don’t need to be. For the ones that didn’t, it was a tough year with costly remediation work to systems and significant brand damage. The unknowing recipient, who probably had never received any training on how to spot a spam email, clicked the link.

Cybersecurity 76

Cybersecurity Digital transformation Phishing Cybercrime 76

Cisco Security

JUNE 21, 2021

In light of the recent May 2021 Federal Budget, which puts focus on Cybersecurity, the Australian Government’s increased emphasis on protecting critical infrastructure from cyberattacks is an important step in strengthening our ability to defend the Australian economy and society at large. All in all, 11 industries are now included.

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Cyber Risk Risk Engineering Government 91

SC Magazine

JUNE 16, 2021

During the original purchase of Yahoo by Verizon in 2017, when Yahoo disclosed two large-scale data breaches, Verizon lowered its initial offer by $350 million to offset some of the security risks they would have to take on. Every company can play a role in reducing (or increasing) cybersecurity risk during a merger or acquisition.

Risk 53

Risk Cyber Risk Technology Cybersecurity 53

The Last Watchdog

JANUARY 31, 2019

A report co-sponsored by Lloyd’s of London paints a chilling scenario for how a worldwide cyberattack could trigger economic losses of some $200 billion for companies and government agencies ill-equipped to deflect a very plausible ransomware attack designed to sweep across the globe. cyber foes exploit government shutdown.

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Ransomware Government Technology Cyber Risk 145

IT Security Guru

FEBRUARY 28, 2022

Given the connectivity needs of a remote workforce – and knowing a hybrid workforce is here to stay – many IT teams have had to make sudden changes in the way workers connect to corporate systems that could introduce new cyber risks and vulnerabilities. . Cloud dominance .

CISO 97

CISO Digital transformation Artificial Intelligence Risk 97

SecureWorld News

MAY 16, 2023

The legal agreement with the other entities must be worked through and agreed to before signing any agreement." Tom Brennan is the Executive Director, Americas Region, at CREST, a global community of cybersecurity businesses and professionals working to keep information safe in a digital world. He says: "I love this idea!

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Cybersecurity Insurance Cyber Risk CISO 78

IT Security Guru

OCTOBER 14, 2021

COVID-19 accelerated the shift to remote working globally and, while the opportunity to work from anywhere has been welcomed by many globally, it has presented multiple security challenges. An explosion of cyber risks and a complicated and constantly changing threat landscape.

CISO 55

CISO Social Engineering Marketing Cyber Risk 55

The Last Watchdog

FEBRUARY 3, 2020

There has been plenty of news coverage of certain high-profile Iranian and Russian cyberattacks; not nearly as much on clandestine U.S. and Saudi cyber operations. The drone strike taking out Soleimani itself demonstrated America’s singular ability to potently blend cyber ops with physical firepower. Clearly, the U.S.

Energy and Utilities 330

Energy and Utilities Malware Hacking Passwords 330

Schneier on Security

FEBRUARY 28, 2024

In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after the devastating NotPetya cyberattack in 2017.

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Cyber Insurance Insurance Government Cyber Risk 226

SecureWorld News

MAY 26, 2021

New research reveals that a record number of organizations are buying cyber insurance policies as a tool for protecting themselves against cyber risk. However, the cost for those policies is rising dramatically as cyber insurance premiums soar up to 30% vs. the previous year. cyber insurance market and the results are in.

Cyber Insurance 58

Cyber Insurance Insurance Cyber Risk Marketing 58

Cisco Security

MAY 24, 2021

Now ask yourself: How well do they secure it? How confident are you that the product you just received is genuine and safe? The way suppliers conduct business, as well as they products they sell, could put you and your family at risk. They’ll also generate new aircraft data themselves during their development work.

Risk 94

Risk Software Cyber Risk Manufacturing 94

CyberSecurity Insiders

NOVEMBER 15, 2022

With increased susceptibility to cyberattacks, organizations are taking a more proactive approach to realize “zero trust,” including the U.S. Cyber Defense team. The United States is aiming to meet the cyber security challenge head-on by updating the zero trust, trust and verify approach. The policy of the U.S.

Cybersecurity 97

Cybersecurity Architecture Energy and Utilities Encryption 97

IT Security Guru

JUNE 28, 2022

Unfortunately, transferring traditional insurance models to the cyber-sphere isn’t an easy task. The factors determining the likelihood of a cyberattack are both innumerable and largely unsubstantiated, especially when compared to the decades-old metrics that determine premiums for insuring a house, a car, or a life. The solutions.

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Cyber Insurance Insurance Small Business Marketing 135

CyberSecurity Insiders

OCTOBER 23, 2021

“By tapping into the advanced capabilities of our IT scanning technology, we’re proud to share actionable data to increase awareness around the current state of cyber risk technology and help eliminate the impact of adverse events — especially as we approach the end of a pivotal year,” said Madhu Tadikonda, President of Corvus Insurance. “We

Insurance 59

Insurance Cyber Risk Technology Ransomware 59

CyberSecurity Insiders

APRIL 1, 2021

When a cyberattack is attempted against critical infrastructures such as hospitals, electrical grids, or water systems, the potential repercussions can affect thousands of individuals like you and me. Over 65% believe that a cyberattack on critical infrastructure has the potential to inflict more damage.

Passwords 130

Passwords VPN Data breaches Accountability 130

Centraleyes

DECEMBER 6, 2023

A thorough cybersecurity risk assessment is an essential and comprehensive way to identify vulnerabilities in your organization that a scan alone cannot catch. A cyber risk assessment will identify and prioritize your assets, show how well your controls are working, identify gaps and offer insights into cybersecurity risk mitigation.

Risk 52

Risk Cyber Risk Software Information Security 52

SecureWorld News

JANUARY 25, 2021

Throughout the past year, there have been many documented cases of security failures that have severely impacted victims of cyberattacks. One of the first sections of the report is the results of a "Global Risks Perception Survey." The survey looks into the global risks horizon, landscape, network, and evolving risks.

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Risk Cybersecurity Cyber Risk Education 102

eSecurity Planet

FEBRUARY 2, 2022

Tens of thousands of applications that are critical to the operations of data centers around the globe are exposed to the internet, with many secured with default factory passwords, posing a significant cyber risk to enterprises worldwide. Doing so puts the complete environment at risk of cyber-attack.

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Internet Internet Passwords Software 120

SiteLock

AUGUST 27, 2021

It was not immediately clear how many employees were affected by the possible breach. Sweetow stated that this allegation was the result of an intentional damage to his reputation and he was very guarded about any work products he may be working. Ireland Gears Up for Cyber War – New Strategy to Protect Critical Infrastructure.

Cybersecurity 52

Cybersecurity Banking Government Cyber Attacks 52

BH Consulting

JUNE 22, 2021

Also known as cyber risk insurance, it’s now a prerequisite in some public sector tenders. Insurers know this and will say it’s a significant business risk not to have cover if a breach happens. That may be true, but the danger is, some companies could think a cyber risk policy by itself is enough.

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