The Last Watchdog

JULY 13, 2023

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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Cyber Risk Risk Insurance Energy and Utilities 189

Security Boulevard

MAY 18, 2023

Cybersecurity is no longer just an IT issue but a business risk that can impact an organization's reputation, financial health, and legal compliance. Cybersecurity risks are business risks, and CISOs must communicate the potential impact of cyber threats on the business for continuity and resilience.

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SecureWorld News

APRIL 18, 2024

The National Cybersecurity Alliance has launched Cybersecure My Business, a training program for non-technical owners and operators of small- to medium-sized businesses (SMBs) on how to manage cyber risk in their business. Visit Cybersecure My Business for more information and to join the waitlist for the training program.

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The Last Watchdog

JULY 5, 2022

Related: We’re in the golden age of cyber espionage. Intelligence is required to support the evolving needs of business, providing information for decision makers throughout the company lifecycle – everything from entering and exiting markets to managing mature operations. Cyber in a silo? Context of risk.

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Security Boulevard

MARCH 19, 2024

Ostrich Cyber-Risk proudly announces its ongoing partnership with the FAIR Institute as an Institute Sponsor for the year 2024. This strategic collaboration reaffirms Ostrich Cyber-Risk's commitment to advancing the discipline of measuring and managing information risk in the cybersecurity landscape.

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CyberSecurity Insiders

SEPTEMBER 13, 2022

Chief Financial Officers aka CFOs are ignoring billions of dollars loss incurred through cyber risks and threats, says a survey. So, experts want the CFOs to stay in a loop with the board to understand the risks and severity involved in cyber attacks.

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SecureWorld News

NOVEMBER 3, 2023

So, if a hacker steals your trade secrets or your customers' personal information, you may still be out of luck. Third, cyber risks are constantly evolving, and insurance companies may not be able to keep up. This means that there may be some cyber risks that are not covered by your policy.

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CyberSecurity Insiders

APRIL 7, 2023

This means that hackers can use software to easily guess the passcode and enter the device to steal information. The post Most commonly used PINs putting smart phones to cyber risks appeared first on Cybersecurity Insiders.

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Security Boulevard

JANUARY 6, 2023

Risk management is the new foundation for an information security program. Risk management, coupled with necessary compliance activities to support ongoing business operations, centers upon identifying and working to mitigate risks associated with a given organization. .

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Security Boulevard

MARCH 2, 2023

It’s high stakes in the cyber risk landscape for healthcare ­providers, payers, medical device makers, third-party vendors, and the rest of a complex ecosystem where cyber events have real-world consequences in cancelled surgeries, disrupted emergency rooms, and damaging releases of the most sensitive personal information (PHI).

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SecureWorld News

JULY 28, 2023

They need to understand the economic drivers and impact of cyber risk, and they need to ensure that cyber risk management is aligned with business objectives. These principles are backed by research and best practices, and they can help organizations navigate the treacherous cyber landscape while driving strategic goals.

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CyberSecurity Insiders

FEBRUARY 2, 2022

Ambitious information security experts serve as a critical part of cyber risk management. The corporation is responsible for structuring IT and information security activities to protect its data resources, such as hardware, software, and procedures. Organizations have long encountered various types of risk.

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Cyber Risk Risk Architecture Identity Theft 99

CyberSecurity Insiders

MAY 17, 2023

As a result, cybersecurity has become a top priority for organisations of all sizes, and the C-suite, including CEOs, CFOs, CIOs, and CISOs, plays a critical role in managing and mitigating cyber risk. Email remains the primary communication tool for businesses, but it also poses significant security risks.

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SecureWorld News

AUGUST 24, 2021

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.

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Security Boulevard

JUNE 23, 2022

The RSA Conference brings some of the brightest minds in information security together in one place. The post RSA Spotlights Supply Chain, Critical Infrastructure Cyber Risk appeared first on Security Boulevard. We wrote about some of the interesting and must-see talks at this year’s show.

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SecureWorld News

APRIL 6, 2023

So it's fitting that a recent SecureWorld webcast, sponsored by Spirion, tackles the topic of "Does ChatGPT Belong on Your Cyber Risk Register? CEO of Global Cyber Risk LLC, offers this advice: "You need to have a process for evaluating the risks associated with that technology, in this case Chat GPT. Westby, Esq.,

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Security Boulevard

FEBRUARY 8, 2023

A successful quantitative cyber risk management program begins with lunch – more specifically, a Lunch ‘n’ Learn or other roadshow event to introduce to stakeholders the concepts, benefits, and practical details of launching a CRQ program or capability. What Is Cyber Risk Quantification?

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Cyber Risk Risk Digital transformation Technology 86

Security Boulevard

JANUARY 4, 2023

Jack Whitsitt, former InfoSec Risk Quantification Program Architect at. Freddie Mac, joins Ostrich Cyber-Risk as the Director of Risk. Quantification to inform product direction and lead the Professional. Services division.

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Centraleyes

NOVEMBER 26, 2023

Including diverse groups and minorities in risk mitigation in cyber security is not overvalued; in fact, it’s increasingly essential for cyber risk reduction. Diversity, Equity, and Inclusion (DEI) can revolutionize cyber risk mitigation techniques by bringing unique perspectives and strengths to the field.

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Security Boulevard

MAY 19, 2022

The RiskLens platform not only helps to display an organization’s risk in quantitative terms but contains features that make it easier to compare those risks to each other. The post See Cyber Risk from Any Angle — RiskLens Risk Assessments and Portfolios appeared first on Security Boulevard.

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The Last Watchdog

NOVEMBER 28, 2023

Their top areas of concern include cybersecurity risk (58%), information security risk (53%) and compliance risk (39%). Best-in-class training, with testing and regular retraining and testing, will go a long way to mitigate the risks of social engineering security breaches.”

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Cyber Risk Risk B2B Social Engineering 113

SecureWorld News

OCTOBER 20, 2021

Cyberrisk is business risk. But how should we communicate this risk to the business, to clients, or to investors? Accenture annual report: risks we face from cyberattacks. However, we were most interested in seeing how Accenture articulated a particular business risk: the risk from a cyberattack.

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Security Boulevard

JANUARY 19, 2023

We built the RiskLens Enterprise SaaS platform to automate cyber risk quantification with Factor Analysis of Information Risk (FAIR™). But within the platform are some functions you may not know about that streamline and accelerate risk analysis to get you trusted results on tight schedules.

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Cyber Risk Risk Hacking 52

CyberSecurity Insiders

APRIL 29, 2022

Here is a rundown of the benefits of an asset management software in cutting down cyber-related threats. Identify assets and their associated risks. Admins can reduce security risks associated with unidentified, forgotten, or malfunctioning IT assets when IT possessions are tracked. Handle the threats’ possible risks. .

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Cyber Risk Software Risk IoT 122

Security Boulevard

MAY 9, 2022

SecurityScorecard, the leader in cybersecurity ratings, now offers a cyber risk quantification (CRQ) solution within its platform, powered by FAIR™ (Factor Analysis of Information Risk) and risk data supplied by RiskLens.

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The Last Watchdog

MARCH 14, 2019

So they began inundating their third-party suppliers with “bespoke assessments” – customized cyber risk audits that were time consuming and redundant. Kneip also painted the wider context about why effective third-party cyber risk management is an essential ingredient to baking-in security at a foundational level.

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CyberSecurity Insiders

DECEMBER 14, 2021

INDIANAPOLIS–( BUSINESS WIRE )– Pondurance , a leader in Managed Detection and Response (MDR) services, today launched Cyber Risk Assessments powered by MyCyberScorecard. Comprehensive views of low, medium and high risk MyCyberScores. Streamlined workflows and robust analytics.

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Security Boulevard

JUNE 9, 2022

I was first introduced to the concept of cyber risk quantification when I began working with Factor Analysis of Information Risk or the FAIR Model (see a diagram of the model here ). With this model, an analyst can estimate cyber risk in financial terms (i.e., dollars and cents).

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Security Boulevard

JUNE 16, 2022

We recently spoke with a potential buyer of RiskLens software and services that is already running a home-grown solution for cyber risk quantification based on Factor Analysis of Information Risk (FAIR™) -- with mixed results. The post Build or Buy an Application to Run FAIR Cyber Risk Quantification?

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Security Boulevard

NOVEMBER 11, 2021

We recently had the rare opportunity to sit down with three cyber-experienced executives offering their views on cybersecurity and how to communicate cyber risk with the C-Suite and Board. Read article > The post 5 Takeaways From Our Webinar on Cyber Risk with Former BP CEO Bob Dudley appeared first on Axio.

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SC Magazine

MAY 11, 2021

Today’s columnist, Sean McDermott of RedMonocle, says that companies should use the NIST 800-53 security and privacy controls to help find cyber risk blind spots. The rapid, overnight shift exposed new cyber risk blind spots and gaps unknown to security leaders or executive teams. Credit: NIST.

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Security Boulevard

NOVEMBER 10, 2022

Flagstar said it has no evidence that any of the information obtained in the latest breach has been misused – nonetheless, at least two customer lawsuits are in the courts, one filed by a plaintiff who claims that his identity was falsely used to take out a loan after the breach. RiskLens is the leader in cyber risk quantification .

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The Last Watchdog

DECEMBER 31, 2019

Related: Good to know about IoT Physical security is often a second thought when it comes to information security. This could include expensive hardware, or access to sensitive user and/or enterprise security information. If risks are not properly assessed, providing security becomes tedious.

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Jane Frankland

AUGUST 18, 2020

trillion in global value will be at risk from cyberattacks. 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. Cybersecurity, on the other hand, is about safeguarding information assets from damage or theft. billion by 2022.

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Security Boulevard

DECEMBER 20, 2022

The post RiskLens Fast Facts on Cyber Risk for CPAs, Lawyers & Other Professionals appeared first on Security Boulevard. Bansley & Kiener did not admit any guilt. That settlement would be a hefty penalty for a firm with annual revenue around $9 million, according to public records. .

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Security Boulevard

NOVEMBER 14, 2023

Contending with the increased interest by Boards and executive leaders in cybersecurity, CISOs and security teams need a risk assessment model that can easily translate cyber risk data into financial insights. The post The FAIR Risk Model: A Practical Guide for Organizations appeared first on Security Boulevard.

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CyberSecurity Insiders

JANUARY 24, 2022

by Great American, a powerful cyber risk management platform that combines the National Institute of Standards and Technology (NIST) driven, inside-out review of an organization’s cyber security posture with insights from continuous, external vulnerability scans and best-in-class cyber security ratings from SecurityScorecard.

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