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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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News alert: Beazley reports on how AI, new tech distract businesses as cyber risk intensifies

The Last Watchdog

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. Yet, boardroom focus on cyber risk appears to be diminishing. trillion by 2025, a 300% increase since 2015 1.

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LW ROUNDTABLE — How 2024’s cyber threats will transform the security landscape in 2025

The Last Watchdog

Meanwhile, while business logic hacks, supply chain holes, and cyber extortion continue to loom large. Businesses must adopt tools and automation capable of invoking immediate action, even at the risk of false positives. Attackers arent hacking in theyre logging in. The drivers are intensifying.

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NEW TECH: Trend Micro flattens cyber risks — from software development to deployment

The Last Watchdog

Threat actors today have access to sophisticated scanning and search tools, for free, as well as turnkey hacking kits that require minimal tech savvy. Flattening cyber risks Granted, holistic security practices are in a nascent stage and, yes, there’s a long, long way to go. Clark, 17, of Tampa, Fla. I’ll keep watch.

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LW ROUNDTABLE: Wrist slap or cultural shift? SEC fines cyber firms for disclosure violations

The Last Watchdog

Security and Exchange Commission (SEC) recently laid down the hammer charging and fining four prominent cybersecurity vendors for making misleading claims in connection with the SolarWinds hack. But the SEC’s latest actions underscore that failing to inform stakeholders about material risks and breaches is not an option.

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Most commonly used PINs putting smart phones to cyber risks

CyberSecurity Insiders

Well, according to the SANS Institute, 26% of devices using the above-mentioned passcodes were easily hacked by cybercriminals in the past three years. The post Most commonly used PINs putting smart phones to cyber risks appeared first on Cybersecurity Insiders.

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This Simple Hack Could Tank Your Business

Adam Levin

Barely a day goes by without news of an elite hacking team creating a more stealth exploit– malware , elaborate spear-phishing attacks, trojans, and a killer array of ransomware that can take factories and other organizations offline, or even hobble entire cities. Cyberattacks are constantly getting more sophisticated.

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