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Insight #1: CISOs, you need insurance coverage According to German multinational insurance company Munich Re, the global cyber insurance market is expected to rise from $14 billion to $29 billion by 2027. The post Cybersecurity Insights with Contrast CISO David Lindner | 10/11/24 appeared first on Security Boulevard.
Despite years of modernization initiatives, CISOs are still contending with an old-school problem: shadow IT, technology that operates within an enterprise but is not officially sanctioned — or on the radar of — the IT department.
CIOs and CISOs have long grappled with the challenge of shadow IT—technology that is being used within an enterprise but that is not officially sanctioned by the IT or security department. Shadow IT can introduce a whole host of security impacts, for one primary reason: You can’t protect what you don’t know about.
Not only is the Internet of Medical Things, or IoMT, surging — with the global market projected to reach $160 billion by 2027 , according to Emergen Research — the stakes can be quite high, and sometimes even matters of life or death. But for cybersecurity professionals, internet-connected medical devices are more likely to be top-of-mind.
billion globally by 2027. Around that time, most CISOs and security teams were drowning in a sea of data accompanied by too many security alerts, many of them not actionable. Over the last 20+ years, the SIEM market has procured substantial growth within the technology industry. Today, SIEM accounts for approximately $4.4
With the social commerce market projected to reach a size of nearly $605 Billion by 2027 , many companies are using platforms such as Facebook and Instagram to reach new customers and grow their sales.
And get the latest on the top “no-nos” for software security; the EU’s new cyber law; and CISOs’ communications with boards. The law will “enter into force” after its publication in the EU’s official journal and will apply and be enforceable 36 months later, so most likely in October 2027 or November 2027. As a result, the U.K.
Facing a perplexed gaze, I turned my back on one of cybersecurity’s most high profile CISOs, my hands pressed firmly against my ears, belting out a powerful melody. In that moment, I found myself at a crossroads. However, the reason why women matter so much in cybersecurity is because of the way they view and deal with risk.
Implementation will be phased with the vulnerability reporting obligations in late 2025 and the remaining obligations in early 2027. As these regulations scale, expect to see more legal cases and fines on companies and CISOs particularly from the SEC, like the SolarWinds and CISCO, Tim Brown, case.
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