The Last Watchdog

MARCH 31, 2022

You are no doubt aware of the grim statistics: •The average cost of a data breach rose year-over-year from $3.86 million in 2021, according to IBM. A sobering analysis by Cybersecurity Ventures forecasts that the global cost of ransomware attacks will reach $265 billion in 2031. • million to $4.24

Artificial Intelligence 204

Artificial Intelligence Threat Detection Engineering Software 204

Security Boulevard

NOVEMBER 10, 2022

Flagstar Bank, the seventh largest bank mortgage lender in the US, announced in June, 2022, that it had been hacked in December, 2021, and personal data on 1.5 According to news reports, Flagstar hasn’t explained the six-month time lapse from the attack to the announcement. million for Primary Response Costs. million Total .

Cyber Risk 52

Cyber Risk Risk Banking Financial Services 52

eSecurity Planet

DECEMBER 20, 2023

Attack surface management (ASM) is a relatively new cybersecurity technology that combines elements of vulnerability management and asset discovery with the automation capabilities of breach and attack simulation (BAS) and applies them to an organization’s entire IT environment, from networks to the cloud.

Software 100

Software Risk Architecture Internet 100

CyberSecurity Insiders

JANUARY 12, 2022

It seems as though the adversaries are always a step ahead, and all we can do is try our best to contain the breaches. You may decide to pick your battles and only protect the sites connected to sensitive data, while ignoring the security of third-party hosted or brochureware sites. the likelihood of breach sits at 30% over two years.

CISO 126

CISO Cybercrime Risk Healthcare 126

McAfee

OCTOBER 25, 2021

The investigation is taunting and less glamorous, realizing that it can take an average of 228 days even to identify the breach [i]. Figure on an average of 80 days to resolve and contain a breach. And it’s also complicated by the cost of threat hunting talent, given the current shortage of cybersecurity expertise. View Now. [1]

Cybersecurity 91

Cybersecurity Artificial Intelligence CISO Threat Detection 91

Errata Security

JULY 19, 2020

CEOs who read about this in the news ask how they can protect themselves from similar threats. Security isn't a moral issue but simple cost vs. benefits, risk vs. rewards. For the second part, they just want to be average in their industry, or at best, slightly above average. Recently, Twitter was hacked. This isn't true.

CSO 51

CSO Cybersecurity Ransomware Hacking 51

SecureWorld News

JULY 28, 2022

IBM has released its 17th annual Cost of a Data Breach report , providing security professionals with some valuable insight that can help mitigate the rising cost of data breaches. The research was conducted independently by the Ponemon Institute and analyzed and published by IBM Security.

Data breaches 69

Data breaches Healthcare Risk Software 69