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In this blog, we’ll look at the root causes of concern for today's CISO and share some practical strategies to deter cybercriminals. The CISO role can be an unenviable one. Is the cyber deck stacked against today's CISO? The asymmetry of resources: It’s hard to fight cybercrime on an uneven playing field.
But as a CISO or cyber risk owner, it’s not just about locking down sensitive informationits about doing it without slowing down your people. Nation-states and geopolitical tensions are increasingly fuelling modern cyber threats. For CISOs and cyber risk owners, this isnt just a riskits a gamble no one can afford to take.
In this blog, I’ll be exploring some of the main cracks in current cybersecurity defence approaches specifically around Secure Operation Centres (SOCs) and the value that CISOs and ITDMs are currently getting from their internal teams and third-party providers. growth in cybercrime, and during the COVID-19 pandemic when it surged 300%.
The Honourable David McGuinty, Minister of Public Safety, on February 6th unveiled Canada's National Cyber Security Strategy (NCSS), a long-term plan to protect Canadians, businesses, and critical infrastructure from an increasingly complex cyber threat landscape. and allies on cybercrime enforcement and supply chain security.
Regardless of your political views, we must all agree that equipping our government with best cybersecurity talent, technology, and resources is critical to protecting our national interests," said Bruce Jenkins, CISO at Black Duck. John DiLullo, CEO at Deepwatch, had this to say, "The blast radius from these cuts at CISA will be massive.
And the cost of damage directly related to cybercrime is adding up, expected to reach $6 trillion by 2021. The painful impact of cyber attacks on businesses is worsening despite advances in technology aimed at protecting enterprises from malicious network traffic, insider threats, malware, denial of service attacks and phishing campaigns.
API Security Maturity in 2025 Chief Information Security Officers (CISOs) are increasingly aware of the number of APIs within their organizations. Moreover, by uncovering hidden APIs, software developers and security administrators can gain a more accurate insight into how to address potential security issues.
At the end of January, police forces from eight countries took down two of the worlds largest cybercrime forums. Europol, which supported the forum takedowns, also published three reports : one, into the challenges in cybercrime and investigations involving digital evidence. MORE Sigh.
API Security Maturity in 2025 Chief Information Security Officers (CISOs) are increasingly aware of the number of APIs within their organizations. Moreover, by uncovering hidden APIs, software developers and security administrators can gain a more accurate insight into how to address potential security issues.
Could artificial intelligence (AI) be the key to outsmarting cyber threats in an increasingly connected world? These are questions I’ve been asking myself recently as AI and cybercrime have become hot topics in the tech industry, and for world leaders. Is it our only hope for survival?These
In 2023, the cost of cybercrime globally was projected to reach $8 trillion , with expectations to rise to $10.5 This staggering figure underscores the growing threat and the extensive damage cyberattacks can cause, including data breaches, downtime, and compromised sensitive information. trillion by 2025.
Cybersecurity detection is a criminal investigation. Cybercrime investigators are experts who are in limited supply. As we mentioned in March , we align XDR with MITRE to greatly expand the depth of our investigation, threatdetection, and prevention capabilities to prevent the attack chain with relevant insights.
Prior to joining Delta Dental, Almeida was the CISO at Covanta Holding Corporation, a leader in energy-from-waste management services. In his role as CISO of Lumin Digital, he is responsible for cybersecurity, risk management and compliance programs to scale the next generation of cloud-based digital banking.
Predictions that cybercrime will be painful and AI will create problems are mind-numbing to read and offer little practical guidance for professionals. Final Thoughts 2024 was a tough year for CISOs. Few stand the test of time. Sources : Forbes AI Analysis , Cyber AI Research. Sources : Harvard Business Review , Dark Reading Insights.
Unlike traditional applications, GenAI introduced unique threat models, including risks of accidental data leakage and adversarial attacks aimed at poisoning AI outputs. Through increasingly sophisticated means, these groups improved their chances of successfully stealing sensitive data and evading economic sanctions.
Microsoft and Okta disclosed breaches this week involving Lapsus$, a cybercrime group that has made headlines multiple times in recent months for attacks against corporations including NVIDIA, Ubisoft, Samsung, and Vodafone. SOC Detection Rules for Okta. What happened in the Okta attack? Verify Okta Support access is disabled.
It offers a unique environment and is increasingly becoming a logical target for all manner of threat actors, from criminal syndicates to sophisticated state sponsored attackers and hacktivists simply because they hold sensitive client information, handle significant funds, and act as intermediaries in commercial and business transactions.
Overall cybercrime costs are expected to reach $10.5 Its extended detection and response (XDR) solution tracks network traffic and automatically combines the information with machine-comprehended threatdetection. Darktrace – Threatdetection. billion in funding in 2020. SECURITI.ai. SECURITI.ai
Mo Wehbi, VP, Information Security & PMO, Penske Automotive Group: The Good and the Bad "The Good: Widespread Adoption of AI and Machine Learning for ThreatDetection: AI will become more sophisticated and integral in identifying threats in real-time, reducing response times and mitigating risks faster than ever before.
Cybercrime will go to the next level: Cyberattackers will implement improved skills, “shift left” attacks, and shifting strategies to adjust to evolving cyberdefense. Government actions will increase: Expect more government regulations, state-sponsored cyberattacks, and increased documentation required to protect CISOs. Read more.
Threat Actors Cybersecurity threats are growing more complex and persistent, driven by the heightened activities of nation-state actors and increasingly sophisticated cybercrime groups. Organised Cybercrime Groups Up Their Game Cybercriminals arent resting on old tactics with cybercrime expected to hit $12 trillion in 2025.
Tyler Farrar ,CISO, Exabeam. Use this month to be sure you have the right threatdetection, investigation and response (TDIR) technologies in place for yourself and your security teams.” With cybercrime projected to cost the world $10.5 ” Danny Lopez, CEO, Glasswall.
Without governance and rationalization of their software inventory, organizations will struggle to manage risk effectively, perpetuating a cycle of reactive defenses against an ever-growing threat landscape. These events point to an increased reliance on AI-driven threatdetection and automated compliance tools.
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