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When data breaches escalate, cyber-attacks grow more sophisticated, nation states ramp up their digital warfare, and regulations tighten the noose, staying ahead isnt just an optionits your only line of defence. Amid a backdrop of increasingly sophisticated and frequent cyberattacks, APTs are a growing concern for CISOs and cyberrisk owners.
On page 34 of the report, Accenture dives into the risk that cyber poses to the business. The section on cyberrisk is in bold: "We face legal, reputational and financial risks from any failure to protect client and/ or Accenture data from security incidents or cyberattacks.". That's where the fine print comes in.
This past year set a profound stage, from the advent of stringent cyber regulations to the convergence of generative AI, socialengineering, and ransomware. Last year, we witnessed the fast-evolving nature of socialengineering attacks, and this evolution poses greater challenges for detection and defense.
The vulnerabilities and challenges associated with declining worker mental health is causing cybersecurity risks to increase, especially from insider threats. Mental health cyberrisks. Sociallyengineered incidents have also been on the rise. Almost all of us have seen phishing emails in our inbox at some point.
The pre-COVID-19 CISO. The global COVID-19 pandemic has been a tumultuous time for Chief information security officers (CISOs) who on any given day have a long and complicated list of responsibilities. An explosion of cyberrisks and a complicated and constantly changing threat landscape. Budget and resource constraints.
This not only frees up valuable time for security professionals to focus on more complex tasks but also reduces the risk of human error. As CISOs, and ITDMs who are responsible for cybersecurity we can do three things: 1. It’s up to us as CISOs and ITDMs to ensure that AI is used as a powerful tool for defence.
As per Trend Micro’s recent international CyberRisk Index (CRI) findings for the second quarter of 2021, 76% of those surveyed anticipate a breach within the next 12 months. As the complexity of corporate networks keeps growing, all the companies need to have complete visibility over their attack surface.”
Nowadays, organisations need digital leaders such as CIOs, CISOs, and CTOs who are strategists, visionaries, and know how to manage, effectively. The pressure for those in charge is immense as cyberrisks have scaled, and can now bring businesses, economies, and communities to a halt. billion) is expected online.
Other programs cover specific topics, like how to navigate the web without picking up a virus, how to recognize socialengineering (a fancy term for the hacking practice of luring in unsuspecting victims with links and offers of this or that slice of paradise), safe mobile practice, safe travel practices, safe email practice, and much more.
In this Spotlight Podcast, host Paul Roberts talks with Chris Walcutt, the CSO of DirectDefense about the rising cyber threats facing operational technology (OT) and how organizations that manage OT - including critical infrastructure owners can best manage increased cyberrisks to OT environments. Read the whole entry. »
Check out invaluable cloud security insights and recommendations from the “Tenable Cloud Risk Report 2024.” Plus, a PwC study says increased collaboration between CISOs and fellow CxOs boosts cyber resilience. Meanwhile, a report finds the top cyber skills gaps are in cloud security and AI.
Enhanced Governance Requirements Entities must appoint a qualified Chief Information Security Officer (CISO) with a direct reporting line to the board of directors. New Risk Assessment Standards New updates mandate independent third-party risk assessments. These changes took effect in 2024. Here are the highlights: 1.
Other cyber incidents are common, including phishing attacks , business email compromise, exploitation of cloud and software vulnerabilities , socialengineering , third-party exposures, and more. Also see: Best Third-Party Risk Management (TPRM) Tools. AI, ML Playing a Role.
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.
The post Why an HR-IT Partnership is Critical for Managing Cybersecurity Risk appeared first on Security Boulevard. By aligning priorities into a shared game plan, HR and IT can finally set their organizations up to defend against modern cyberthreats.
Socialengineering attacks , including phishing, spam, and viruses introduced via clickable links within e-mail affected 80% of the banking institutions in 2016. VoIP phishing and impersonation also victimized millions of corporate employees across the world , contributing to an even greater cyber threat.
Last Watchdog posed two questions: •What should be my biggest takeaway from 2023, with respect to mitigating cyberrisks at my organization? CISOs will have to get quantum resilient encryption on their cyber roadmap. In 2024 I encourage leadership to dedicate more attention to discussing the risks of spear phishing.
Kip Boyle, vCISO, CyberRisk Opportunities LLC: The Challenge of Cultivating Buy-in from Leadership and Employees "Cybersecurity professionals will continue to face a critical challenge: cultivating genuine buy-in from both senior leaders and employees. "The What the Practitioners Predict Jake Bernstein, Esq.,
We asked two questions: •What should be my biggest takeaway from 2023, with respect to mitigating cyberrisks at my organization? Here’s part two of Last Watchdog’s year-end tête-à-tête with top cybersecurity experts. Part three to follow on Friday. What should I be most concerned about – and focus on – in 2024?
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. These groups are also shifting toward more human-centric exploits , like socialengineering and insider assistance.
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