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LW ROUNDTABLE — How 2024’s cyber threats will transform the security landscape in 2025

The Last Watchdog

Carignan Nicole Carignan , Vice President of Strategic Cyber AI, Darktrace If 2023 was the year of generative AI and 2024 the year of AI agents, 2025 will spotlight multi-agent systems, or agent swarms. These systems promise innovation but also introduce risks. While cloud offers flexibility, it introduces new cyber risks.

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LW ROUNDTABLE: Cybersecurity takeaways of 2023 — and what’s ahead in 2024 ( part 1)

The Last Watchdog

A look back at the cybersecurity landscape in 2023 rings all-too familiar: cyber threats rapidly evolved and scaled up , just as they have, year-to-year, for the past 20 years. Eyal Benishti , CEO, IRONSCALES Benishti Generative AI (GenAI) reshaped cybersecurity in 2023. Here is part one of three groupings.

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Protecting Oil and Gas Industry Infrastructure: Strategies for Resilience

SecureWorld News

A report from 2023 revealed that 67% of energy and utility companies faced ransomware attacks, with many incidents exploiting unpatched vulnerabilities. Develop backup and recovery plans: Data recovery plans are essential to mitigate the impact of cyber incidents.

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Cyber Insurance Premiums Decline as Businesses Boost Security Measures

SecureWorld News

This trend reflects improved business security practices, evolving insurance industry dynamics, and changing attitudes toward cyber risk management. However, it also notes that smaller firms are less likely to purchase cyber insurance, partly due to a lack of awareness of cyber risks.

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Australia entities suffer Cyber Attacks and QUAD update

CyberSecurity Insiders

The company is, however, not interested in bowing down to the demands of hackers and is interested in recovering their data from backups, as they already have a proactive data continuity plan in place. The post Australia entities suffer Cyber Attacks and QUAD update appeared first on Cybersecurity Insiders.

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The future of cyber insurance

IT Security Guru

Their loss ratios – total claims plus the insurer’s costs, divided by total premiums earned – are now consistently above 60%, which presents something of an existential threat to the insurance industry, making cyber risk a potentially uninsurable area due to falling profitability.

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Pre-ransomware notifications are paying off right from the bat

Malwarebytes

CISA (Cybersecurity and Infrastructure Security Agency) has published the first results of its pre-ransomware notifications that were introduced at the start of 2023. In order to develop the pre-ransomware notifications, CISA established the Joint Cyber Defense Collaborative (JCDC) to "unify cyber defenders from organizations worldwide".