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Deepfake scams will escalate, with threat actors using AI to create convincing impersonations of executives, risking personal and corporate brands. While cloud offers flexibility, it introduces new cyberrisks. Alkove Jim Alkove , CEO, Oleria Identity is cybersecurity’s biggest challenge. million (NIST, WEF).
Healthcare cybersecurity is undergoing explosive growth, reflecting both escalating threats and urgent investments to protect patient data and systems. According to a new report, the global healthcare cybersecurity market was valued at US $21.25 billion in 2024 and is projected to reach $82.90 The market's expected ris e to $82.9
Yet, boardroom focus on cyberrisk appears to be diminishing. The perceived threat of cyberrisk to global business leaders peaked in 2021 (34%) and over the past two years, the risk perception has dropped (27%). But worryingly they appear less concerned by cyberrisk than a couple of years ago.
REvil ransomware operators claimed to have breached another healthcare organization, the victim is Valley Health Systems. Healthcare organizations are a privileged target of hackers due to the sensitive data they manage. The organization operates over 40 healthcare facilities with over 400 employees working across all their centers. .
In this episode of the podcast (#235) Justine Bone, the CEO of Medsec, joins Paul to talk about cyberthreats to healthcare organizations in the age of COVID. Justine’s firm works with hospitals and healthcare organizations to understand their cyberrisk and defend against attacks, including ransomware.
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. Nation-states and geopolitical tensions are increasingly fuelling modern cyberthreats.
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.
A look back at the cybersecurity landscape in 2023 rings all-too familiar: cyberthreats rapidly evolved and scaled up , just as they have, year-to-year, for the past 20 years. Moving ahead, it’s crucial for SMBs, municipalities and healthcare institutions to prioritize. Here is part one of three groupings.
In a recent survey conducted by Cybersecurity Firm Tenable, over 106 million healthcare records were exposed to hackers during the time of past 14 months. And analysis says that most of the records were leaked from the databases of organizations operating in the healthcare sector. percent of attacks.
For example, the healthcare sector, a prime target for these types of attacks , planned to spend $125 billion to defend against breaches from 2020 to 2025. However, as the nature of cyberthreats continues to evolve, so too do the offerings of cyber insurance, expanding to provide more comprehensive risk management solutions.
This shift aims to enhance the safety and integrity of medical devices, emphasizing the importance of cybersecurity in healthcare. Notably, the law is characterized by its foundational correctness and forward-looking approach, ensuring adaptability to evolving cyberthreats.
The goal of these mandatory reporting requirements is to help the federal government rapidly deploy resources to cyberattack victims, analyze trends to spot emerging threats quicker, share actionable warnings with potential targets, and ultimately strengthen America's cybersecurity resilience and incident response capabilities.
Check out best practices for shoring up data security and reducing cyberrisk. And get the latest on cyber scams; zero-day vulnerabilities; and critical infrastructure security. 1 - CSA: How to boost data security and reduce cyberriskRisk assessment gaps. Siloed cyber tools. Misaligned priorities.
We have seen largely Russian cyberattacks masquerading as ransomware against oil and gas pipelines (Colonial), healthcare (Change, Ascension, Synnovis, etc.), This growth, while beneficial for environmental sustainability, also increases the attack surface for cyberthreats.
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 cyberthreat that they face. Register here to watch the session on-demand.
As quantum computers grow, current encryption methods like RSA and ECC may soon become vulnerable," said Kip Boyle , vCISO, CyberRisk Opportunities LLC. Cyber warfare: Governments must prepare for quantum-enabled cyberthreats while leveraging quantum advantages for secure communications.
In sectors like healthcare, where sensitive patient data is gold, AI-driven insider threats could lead to large-scale data breaches, with both legal and reputational consequences. Now that we have widely accessible open-source AI agents, it's not hard to imagine this being by far the most alarming cybersecurity threat of 2025.
The Evolving CyberThreat Landscape The contemporary threat and regulatory landscape have pressed organizations to fortify their cyber-crisis management capabilities. In recent years, a surge in cyber-attacks targeting critical infrastructure has been observed globally.
In an era of relentless cyberthreats, compliance alone simply isn’t enough. This isn’t just a talking point; it’s the groundwork for a deeply integrated approach that balances regulatory needs with active cyberrisk management. Centraleyes seamlessly integrates compliance management with proactive cyberrisk management.
There are many enterprise-level solutions out there to minimize the risk of such catastrophic cybersecurity events, but they aren’t available to a company that doesn’t know what it doesn’t know. In this regard, knowledge of cyberrisks and cyber defense are fungible assets. Mark Warner (D-Va.)
Is your organization concerned about systemic cyberrisk? Sam King, Veracode CEO, recently participated in the Aspen Institute’s sixth annual Aspen Cyber Summit which put the spotlight on this issue. Organizations can address systemic risk by increasing their visibility into their attack surface. “If
The common denominator across all countries is that these criminal activities are mostly targeting the sectors of healthcare, finance, energy, education and government. A report jointly published by France and Germany states that there are two major types of threat actors in the current cyber-threat landscape.
These attacks can have cascading effects that impact public safety and national security. Our dedication extends to providing real-world solutions for evolving threats, ensuring your organisation stays one step ahead of potential adversaries.
In today's digital age, the demand for cybersecurity professionals is soaring due to increasing cyberthreats and data breaches. As the demand for skilled cybersecurity experts continues to rise due to increasing cyberthreats, opportunities for career growth and higher earnings are also becoming more prevalent in this field.
Even though this initiative is relatively young, CISA says it has notified over 60 entities across the energy, healthcare, water/wastewater, education, and other sectors about potential pre-ransomware intrusions, and we’ve confirmed that many of them identified and remediated the intrusion before encryption or data loss occurred.
Overall, insurance companies seem to be responding to increased demand from clients for cyber-specific insurance, and one survey found that the two things most likely to spur a purchase of cyber insurance are when a business experiences a cyber attack and when they hear about other companies being hit by a cyber attack.
Alexandra Heckler is Chief Information Security Officer at Collins Aerospace, where she leads a diverse team of cyber strategy and defense experts to protect against cyberthreats and ensure regulatory compliance. Director of CyberRisk & Security Services. Collins Aerospace. Petersburg, Florida.
Recent years have seen numerous major breaches originate from software supply chain compromises, such as the SolarWinds hack , and from vulnerabilities in vendor payroll or billing systems, such as the Change Healthcare breach. That's the whole idea behind the 'assume breach' philosophy.
NYDOH Oversight (10 NYCRR 405.46) The New York Department of Health enforces standards for securing healthcare data, complementing HRIPA and federal HIPAA requirements. This change accounts for modern cyberthreats such as phishing, malware, or insider threats.
While both HITRUST and HIPAA have substantial relevance in ensuring data security in the healthcare sector, they are very different standards. Covered entities encompass healthcare providers, plans, and clearinghouses, while business associates are organizations contracted to handle ePHI on behalf of covered entities.
For a solid rundown of what the updates mean, check out this SecureWorld article from Kip Boyle , vCISO, CyberRisk Opportunities LLC. Understanding your risk posture and having a playbook ready to deploy once a breach occurs is crucial to reducing the impact of an incident, getting your operations back online, etc.
VoIP phishing and impersonation also victimized millions of corporate employees across the world , contributing to an even greater cyberthreat. Cloud security success and choosing the right investments is all about having a clear understanding of threat types and their resulting damages.
Cyberrisk scores measure the potential impact and likelihood of cyberthreats. These scores help organizations prioritize their security efforts, allocate resources efficiently, and communicate risks to stakeholders clearly.
This surge in investment is driven by the growing complexity of cyberthreats and the emergence of next-generation technologies such as generative AI. As cyberthreats evolve, so too must the GRC tools and strategies used to combat them.
billion by 2026, driven not only by remote working and growing cyberthreats but also by a massive cybersecurity skills shortage , the demands of government regulations , and the simple cost benefits of outsourcing. Intelligence: Global threat intelligence is delivered by Trustwave SpiderLabs. billion in 2021 to $43.7
The Essential Eight is a cybersecurity framework developed by the Australian Cyber Security Centre (ACSC) to help organizations mitigate cyberthreats. While initially tailored for public sector organizations, it has gained traction across industries such as healthcare, finance, education, and utilities.
CyCognito’s innovative platform automates the discovery, multi-factor security testing and risk prioritization of all externally-exposed assets in an organization’s extended IT ecosystem. Carahsoft Technology Corp.
Add IoT devices, bring-your-own-device (BYOD) policies, and manual processes vulnerable to human error, and many organizations struggle to achieve the full visibility needed to defend against evolving cyberthreats. In these orgs, external exposure directly correlates with the likelihood of a breach.
The goal is to transition from cumbersome manual methods to a more efficient, automated system that enhances your compliance efforts and boosts your cyberrisk management. By adopting the right tools, you can ensure continuous compliance, proactive risk management, and a robust defense against cyberthreats.
These systems are integral to critical infrastructure sectors such as energy, critical manufacturing, transportation systems, government facilities, emergency services, healthcare, and utilities, and must ensure the safety, reliability, and efficiency of operations. Read More: NIST Cybersecurity Framework SP 800-82 Rev.
We talk about the growing demand for security automation tools and how the chronic cyber security talent shortage in North America and. Read the whole entry. » Like plastics in the 1960s, AI and machine learning are already big and getting bigger. The technology is poised to change just about everything else …at least eventually.
As digital business objectives accelerate the adoption of new technologies , drive innovation, and transform complex environments, the cyberthreat landscape continues to evolve along with the increased compliance and regulatory pressure on enterprise-grade companies. Growth of automated and sophisticated cyber attacks.
It offers layered protection via a defense in depth approach to cybersecurity and has been developed using firsthand experiences of cyber defenders across various industry verticals such as retail, manufacturing, healthcare, government, etc. Introduction – Choosing the Right Security Controls Framework.
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