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Moody’s to Include Cyber Risk in Credit Ratings

Adam Levin

The American business and financial services company Moody’s will start factoring risk of getting hacked into their credit ratings for companies. The move is seen as part of a wider initiative to gauge the risk of cyberattacks and data breaches to companies and their investors. “We’ve Read more about the story here.

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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. Not only are they not protected against their own losses, but many have zero liability protection in the event that they somehow become a hacker’s catalyst for inflicting cyber-damage on others.

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How security pros, the insurance industry, and regulators can combat ransomware

SC Magazine

Today’s columnist, Erin Kennealy of Guidewire Software, offers ways for security pros, the insurance industry and government regulators to come together so insurance companies can continue to offer insurance for ransomware. Insurance claims from cyber/ransomware events have consumed up to 40% of the claims of some insurers’ cyber books.

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Ransomware, endpoint risks are top concerns for DFIR professionals

CSO Magazine

The rise of ransomware attacks that occurred after the global pandemic in March 2020 remains a problem. However, ransomware is not the only threat. According to a new report from IDC and Magnet Forensics, the significant lack of cybersecurity skills gap and a plethora of other cyber risks are growing concerns.

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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? Check out tips for adopting AI securely from the World Economic Forum.

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Unlock Your Cybersecurity Potential: SecureWorld PLUS Training Courses

SecureWorld News

Instructor: Kip Boyle, vCISO, Cyber Risk Opportunities LLC Have you ever wondered how to use the NIST Cybersecurity Framework (CSF) and apply it to your organization? Cyber Risk Mapping (CR-MAP) Conduct a step-by-step CR-MAP of your organization to identify vulnerabilities, create remediation plans, and minimize cyber risks.

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Pondurance Launches Cyber Risk Assessments Powered by MyCyberScorecard

CyberSecurity Insiders

INDIANAPOLIS–( BUSINESS WIRE )– Pondurance , a leader in Managed Detection and Response (MDR) services, today launched Cyber Risk Assessments powered by MyCyberScorecard. Roadmaps to cyber resilience. Interactive reporting that is easy to export and effectively communicate to senior management.