Remove Cyber Risk Remove Data privacy Remove Ransomware
article thumbnail

Annual Reports: How They Warn of Cyber Risk

SecureWorld News

However, we were most interested in seeing how Accenture articulated a particular business risk: the risk from a cyberattack. Especially because Accenture was hit with ransomware this year. On page 34 of the report, Accenture dives into the risk that cyber poses to the business.

article thumbnail

Cybersecurity Snapshot: WEF Offers AI Security Best Practices, as DORA Regulation Places Strict Cyber Rules on Banks

Security Boulevard

Plus, the EUs DORA cyber rules for banks go into effect. And get the latest on ransomware trends; CIS Benchmarks; and data privacy. Are we clear on who must be involved in assessing and mitigating AI adoption cyber risks? NCC Group calls the December data a wake-up call.

Banking 69
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Security Roundup January 2025

BH Consulting

Curated advice, guidance, learning and trends in cybersecurity and privacy, as chosen by our consultants. Cyber risk 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.

article thumbnail

News alert: AppDirect poll reveals company leaders losing sleep over cyber risks, compliance

The Last Watchdog

In fact, all of their other concerns—malware, stolen data, phishing, ransomware and misconfiguration of cloud services—include an element of human error and/or malice. The study also found that 49% of IT business leaders count human error, including those by employees, among their top security concerns.

article thumbnail

Ransomware Incident Response: What Is It Like?

SecureWorld News

This was fallout from the Colonial Pipeline shutdown due to a ransomware attack—a legitimate story, for sure. What kind of pressure hits an organization as it conducts incident response to a devastating ransomware attack? For context, here is where Tuma fits into the ransomware incident response process.

article thumbnail

City of Dallas Vital Services Shut Down in Suspected Ransomware Attack

SecureWorld News

The City of Dallas, Texas, was forced to shut down police communications and IT systems on Monday morning, May 1, due to a suspected ransomware attack. Subsequently, the City has confirmed that a number of servers have been compromised with ransomware, impacting several functional areas, including the Dallas Police Department Website."

article thumbnail

How the ransomware explosion is reshaping the cyber insurance market

SC Magazine

The development of cybersecurity insurance has played an important role in determining how companies prepare for and respond to ransomware attacks and the resulting fallout. The ransomware reality check for insurers. Prior to 2017, most insurers covered ransomware under traditional property and casualty policies.