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GUEST ESSAY: New SEC rules aim to help C-levels, board members quantify cyber risks

The Last Watchdog

Securities and Exchange Commission (SEC) is taking steps to crack down on insufficient cyber risk reporting. Related : Making third-party risk audits actionable. The new rules urge companies to build more robust cyber risk management programs. Disclosing policies and procedures for risk management.

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Billion Dollar CyberSecurity Annual Budgets Have Arrived

Joseph Steinberg

Major American banks and various other parties serving them are each spending $1 Billion per year on cybersecurity, according to Bank of America’s CEO, Brian Moynihan. The post Billion Dollar CyberSecurity Annual Budgets Have Arrived appeared first on Joseph Steinberg: CyberSecurity, Privacy, & Artificial Intelligence (AI) Advisor.

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GUEST ESSAY: The three horsemen of cyber risks: misinformation, disinformation and fake news

The Last Watchdog

Such a transformation however, comes with its own set of risks. Misleading information has emerged as one of the leading cyber risks in our society, affecting political leaders, nations, and people’s lives, with the COVID-19 pandemic having only made it worse.

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What is cyber risk quantification, and why is it important?

Tech Republic Security

One way to get C-level managers and cybersecurity department heads on the same page is to employ cyber risk quantification, as it speaks to costs versus risks.

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Moody’s to Include Cyber Risk in Credit Ratings

Adam Levin

This is to enhance our thinking about credit as cyber becomes more and more important,” said Derek Valda, head of Moody’s Investors Services Cyber Risk Group. The cyber risk for a company will be considered as part of a company’s existing credit rating with an eye toward designating a completely separate cyber risk rating.

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GUEST ESSAY: Leveraging DevSecOps to quell cyber risks in a teeming threat landscape

The Last Watchdog

In today’s digital landscape, organizations face numerous challenges when it comes to mitigating cyber risks. Related: How AI is transforming DevOps The constant evolution of technology, increased connectivity, and sophisticated cyber threats pose significant challenges to organizations of all sizes and industries.

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CyberSecurity Is Not Enough: Businesses Must Insure Against Cyber Losses

Joseph Steinberg

And even relatively rich organizations may fail altogether if they suffer the reputational harm that follows multiple serious cyber-incidents. iBynd also has a first-of-its-kind Personal Cyber Insurance offering that it delivers directly to consumers through CyberInsurancePlus.com.

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