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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: Compliance pressures intensify as new cybersecurity standards take hold

The Last Watchdog

Srivatsav Ravi Srivatsav , CEO, DataKrypto Non-compliance with regulations, such as the European Unions General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA), risks severe penalties. And industries like healthcare face persistent targeting due to their outdated systems and high-value data.

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Episode 238: Robots Are The Next Frontier In Healthcare Cyber Risk

The Security Ledger

about his firm’s discovery of a string of critical security flaws in an autonomous medical robot, TUG, that is already deployed in hundreds of clinical settings and the growing issue of medical device insecurity and cyber risks to healthcare. Daniel Brodie is the Chief Technology Officer at Cynerio.

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REvil ransomware operators breached healthcare org Valley Health Systems

Security Affairs

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. .

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

The Last Watchdog

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 cyber risks. Alkove Jim Alkove , CEO, Oleria Identity is cybersecurity’s biggest challenge.

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Secure Communications: Relevant or a Nice to Have?

Jane Frankland

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 cyber threats.

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NEW TECH: This free tool can help gauge, manage third-party cyber risk; it’s called ‘VRMMM’

The Last Watchdog

Related: Atrium Health breach highlights third-party risks. One might assume top-tier financial services firms and healthcare vendors would have solved third-party cyber exposures by now. Third-party cyber risks are likely to persist at the current scale for a while longer. Uphill battle.