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Recently, I was part of four conversations with security leaders across several industries – manufacturing, financial services, natural resources and healthcare – about some of the challenges they face with cyberrisk management.
Deepfake scams will escalate, with threat actors using AI to create convincing impersonations of executives, risking personal and corporate brands. Well see CISOs increasingly demand answers about why models flag certain malicious activity and how that activity is impactful at enterprise scale. That’s the easy part.
From the stringent interagency guidelines and state laws in New York to healthcare regulations and European legal frameworks, companies face mounting pressures to enhance their third-party cyberrisk management practices, Valente noted. It’s just an enormous challenge. “It’s It’s just an enormous challenge.
Srivatsav Ravi Srivatsav , CEO, DataKrypto Non-compliance with regulations, such as the European Unions General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA), risks severe penalties. And industries like healthcare face persistent targeting due to their outdated systems and high-value data.
Cyberrisk remains top of mind for business leaders A regular January fixture, the World Economic Forums Global Risk Report 2025 features two technology-related threats among the top five risks for the year ahead and beyond. The report ranks risks by severity over two-year and 10-year timeframes.
In a groundbreaking move, New York Governor Kathy Hochul has unveiled a comprehensive cybersecurity strategy that aims to safeguard the state's critical infrastructure, specifically its healthcare sector. This proactive approach will undoubtedly strengthen patient trust and confidence in New York's healthcare system.
By the way, Sean Scranton will be presenting on "Covering Your Cyber Assets" at the SecureWorld Philadelphia conference on April 19-20. Can companies live without cyber insurance? that may be included as part of the cyber insurance coverage terms. Theresa Le, Chief Claims Officer, Cowbell: "Cyber insurance is highly recommended.
This shift aims to enhance the safety and integrity of medical devices, emphasizing the importance of cybersecurity in healthcare. This definition extends its reach to the Internet of Medical Devices (IoMT), covering an array of healthcare innovations, from smart diagnostics to wearable devices, insulin pumps, and even pacemakers.
The overall implication will be that cybersecurity is valued at a higher level and has a better voice within the overall organization,” said one CISO. In the weeks after COVID-19 was declared a pandemic in the U.S.,
A data breach leading to PII or PHI theft is not just a loss of trust and loss of revenue problem to the organization, rather an immediate impact to the individual citizens and the cyber threat that they face. Luckily for cybersecurity, there is no shortage of real-time data that can be used for effective and impactful decision making. ~~~.
Forrester also predicts that the number of women CISOs at Fortune 500 companies will rise to 20 percent in 2019 , compared with 13 percent in 2017. Her work centered on helping aerospace manufacturers manage the convergence of cyberrisk across their increasingly complex business ecosystem, including IT, OT and connected products.
And get the latest on the top “no-nos” for software security; the EU’s new cyber law; and CISOs’ communications with boards. 1 - CSA: How to prevent “shadow AI” As organizations scale up their AI adoption, they must closely track their AI assets to secure them and mitigate their cyberrisk. s cyber agency has found.
BOSTON–( BUSINESS WIRE )– CyberSaint , the developer of the leading platform delivering cyberrisk automation, today announced that John A. Wheeler, one of the world’s leading market analysts and thought leaders on Integrated Risk Management (IRM), has joined the company’s Growth Advisory Board. Linkedin: [link].
Strategic perspectives provide a glimpse of what cyber-trends will be pervasive, and tactical is focuses on what technical and policy remedies will need to be prioritized by CISOs, CIOs, and their IT shops. With that comes cyber-risk. Protecting supply chains is still an area of key focus for CISOs. Ransomware.
Creeping cyberrisk grabbing global headlines Ransomware keeps reminding us of the strong connection between a cybersecurity incident and financial loss. CNN reports that ransomware victims in the US healthcare sector say they’re “haemorrhaging money”, as disruption affects their daily operations. for $50,000.”
For a solid rundown of what the updates mean, check out this SecureWorld article from Kip Boyle , vCISO, CyberRisk Opportunities LLC. Michael Gregg, CISO, State of North Dakota: " One of the things that most excites me about the new framework is the addition of the 'govern' function. 19, Detroit on Sept. Stacy O'Mara, Sr.
Since founding Cedric Leighton Associates, he has become an internationally known strategic risk expert. Leighton is also a founding partner of CYFORIX, specializing in the field of cyberrisk. Prior to joining Delta Dental, Almeida was the CISO at Covanta Holding Corporation, a leader in energy-from-waste management services.
A more in-depth look at the framework is available in the report, titled: “Playing with Lives: Cyberattacks on Healthcare are Attacks on People.”. Finn said that if the framework is to work, then senior management accountability can’t stop at the CISO level. asked Finn.
Key positions include the Chief Information Security Officer (CISO), who oversees the entire security strategy, and Security Directors responsible for implementing security policies and managing teams. These professionals protect organizations from cyber threats by identifying vulnerabilities and responding to incidents.
But even advanced tools can’t tell you who owns it – or what it means to the organization in terms of risk.”. In 2019, the College of Healthcare Information Management Executives (CHIME) outlined the biggest health IT security gaps facing provider organizations, in response to Sen. And there are many tools that can accomplish that.
It is vital for any enterprise landscape to ensure viable, open, and reliable corporate communications – fostering innovation and economic prosperity, with respect to safeguarding against disruption and serious cyberrisk perception. What are the benefits of cyber security awareness trainings?
Ransomware Targets Critical Infrastructure: Ransomware attacks will increasingly focus on critical infrastructure, including healthcare, utilities, and transportation, leading to potentially catastrophic consequences. Preparing for Q-Day in 2025 should be a top priority for CISOs for this very reason. Growing patchwork of U.S.
Millions of people daily entrust their personal data and information to various entities, and with information sharing occurring virtually everywhere, at retail shops, healthcare centers, gyms, financial institutions or websites, typically these people don’t know where their data goes or what other processing is done on it and by whom.
In this blog, I’m exploring these changes, grouped under key categories that I’ve used in previous years, to help business leaders and cyberrisk owners better prepare for the evolving landscape. The emergence of shadow AIunauthorised AI tools used without IT approvalamplifies these vulnerabilities.
As cyber threats evolve, so too must the GRC tools and strategies used to combat them. Organizations increasingly turn to automated, integrated, and AI-powered solutions to enhance their cyberrisk management capabilities. This shift requires continuous upskilling and a more integrated approach to risk and compliance.
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