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

The Last Watchdog

The economic impact of cybercrime on business across the globe continues to reach new levels, with the cost predicted to reach US$10.5 Yet, boardroom focus on cyber risk appears to be diminishing. In 2024, it is predicted to remain at 27% whilst business preparedness for this risk continues to decline.

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

Jane Frankland

Last year, according to Verizon, 43% of cyberattacks targeted small businesses. Hackers are creative, adaptive, resourceful, and business-like. That could be through common hacking techniques like phishing, bait and switch, cookie theft, deep fake , password cracking , social engineering , and so on. But know this.

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Top 9 Cybersecurity Challenges SMEs Currently Face

Responsible Cyber

Phishing and Spear Phishing. Despite constant warnings from the cyber security industry, people still fall victim to phishing every day. As cybercrime has become well-funded and increasingly sophisticated, phishing remains one of the most effective methods used by criminals to introduce malware into businesses.

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Cyber certification program for SMBs emphasizes leadership, reducing risk

SC Magazine

A new training and certification program seeks to help individuals at small businesses feel more confident as they take steps to secure their digital environment. A new training and certification program launched to help individuals at these small businesses feel more confident as they take steps to secure their digital environment.

Risk 79
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Here’s Why SMBs Need Improved Cybersecurity Now More Than Ever

Vipre

Even prior to the pandemic, a 2019 survey revealed that only 14 percent of SMBs rated their ability to prevent and properly address cyber risks and vulnerabilities as useful. . There are a number of reasons that SMBs find themselves at risk for security breaches. Let’s break them down. Endpoints . How SMBs can improve security.

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Security Roundup July 2023

BH Consulting

The 51-page report goes into detail on the threat landscape, risks to key sectors and supply chain risks. The EDPB also published a data protection guide for small business, focusing on individuals’ rights under GDPR. MORE Researchers from NTT in Japan used ChatGPT to detect phishing sites.

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MY TAKE: A path for SMBs to achieve security maturity: start small controlling privileged accounts

The Last Watchdog

The challenge of embracing digital transformation while also quelling the accompanying cyber risks has never been greater for small- and mid-sized businesses. Somehow SMBs must keep pace competitively, while also tamping down the rising risk of suffering a catastrophic network breach. Remote desktop risks.