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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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North Korean Hackers Intensify Cyberattacks on South's Arms Industry

SecureWorld News

North Korea's prolific state-sponsored hacking units are once again setting their sights on South Korea's defense and arms manufacturing sector. The group employed sophisticated spear-phishing, watering hole attacks, and kernel-level malware to compromise the targets.

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Security Awareness Training and Human Risk Management Company AwareGO Achieves Year of Outstanding Growth

CyberSecurity Insiders

SAN ANTONIO–( BUSINESS WIRE )–Security Awareness Training and Human Risk Management company AwareGO today announced company milestones achieved and overall performance for 2021, including record year-over-year online revenue growth of 219%, enterprise revenue growth of 156%, and total revenue growth of 116%. About AwareGO.

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Cyber Security Awareness and Risk Management

Spinone

In this article we will learn how to address and effectively respond to major enterprise cybersecurity threats and provide tips to mitigate IT security risk. Social engineering attacks , including phishing, spam, and viruses introduced via clickable links within e-mail affected 80% of the banking institutions in 2016.

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Report: Cyberattacks drive 185% spike in health care data breaches in 2021

SC Magazine

The data supports a June Avanan report , which confirmed health care has been among the most targeted with phishing attacks during the first half of 2021, alongside the IT and manufacturing industries. The health care sector saw over 6,000 phishing emails out of an average of 451,792 emails. Another 20.7%

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NIS2 Framework: Your Key To Achieving Cybersecurity Excellence

Centraleyes

In recent years, a surge in cyber-attacks targeting critical infrastructure has been observed globally. The transition to remote work during the pandemic has also exposed new vulnerabilities, increasing susceptibility to phishing attacks. Important entities” include manufacturing, food, waste management, and postal services.

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Corvus Insurance Reports the Ratio of Ransoms Demanded to Ransoms Paid is Steadily Declining

CyberSecurity Insiders

The report provides an inside look at the insights and tools used by risk managers, IT departments, security researchers, and solution providers to hone their offerings and approaches to keeping organizations safe from evolving cyber threats. “By Litigation risks for tech vendors. Ransomware claims and costs.