article thumbnail

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

The Last Watchdog

The data shows how perceptions around cyber and technology risks, from ransomware and other cyber-attacks to the threats posed by AI, are changing the global business risk landscape. Yet, boardroom focus on cyber risk appears to be diminishing. trillion by 2025, a 300% increase since 2015 1.

article thumbnail

[eBook] A Step-by-Step Guide to Cyber Risk Assessment

The Hacker News

In today's perilous cyber risk landscape, CISOs and CIOs must defend their organizations against relentless cyber threats, including ransomware, phishing, attacks on infrastructure, supply chain breaches, malicious insiders, and much more. One of the most effective ways for CISOs and

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Understanding Cyber Risk and the C-Suite

CyberSecurity Insiders

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.

article thumbnail

News alert: AppDirect poll reveals company leaders losing sleep over cyber risks, compliance

The Last Watchdog

In fact, all of their other concerns—malware, stolen data, phishing, ransomware and misconfiguration of cloud services—include an element of human error and/or malice. The study also found that 49% of IT business leaders count human error, including those by employees, among their top security concerns.

article thumbnail

Annual Reports: How They Warn of Cyber Risk

SecureWorld News

However, we were most interested in seeing how Accenture articulated a particular business risk: the risk from a cyberattack. Especially because Accenture was hit with ransomware this year. On page 34 of the report, Accenture dives into the risk that cyber poses to the business.

article thumbnail

How security pros, the insurance industry, and regulators can combat ransomware

SC Magazine

Today’s columnist, Erin Kennealy of Guidewire Software, offers ways for security pros, the insurance industry and government regulators to come together so insurance companies can continue to offer insurance for ransomware. Insurance claims from cyber/ransomware events have consumed up to 40% of the claims of some insurers’ cyber books.

Insurance 113
article thumbnail

City of Dallas Vital Services Shut Down in Suspected Ransomware Attack

SecureWorld News

The City of Dallas, Texas, was forced to shut down police communications and IT systems on Monday morning, May 1, due to a suspected ransomware attack. Subsequently, the City has confirmed that a number of servers have been compromised with ransomware, impacting several functional areas, including the Dallas Police Department Website."