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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. KAI), Hanwha Aerospace Co. , LIG Nex1 Co. , and Hyundai Rotem Co.

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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. Litigation risks for tech vendors. Ransomware claims and costs.

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Cybersecurity in 2022, Predictions for digital ecosystem facing more challenges and sophisticated threats

CyberSecurity Insiders

Also, that threat actors, especially state-sponsored, and criminal enterprises would take advantage of the expanding cyber-attack surface by using their resources to employ more sophisticated means for discovering target vulnerabilities, automating phishing, and finding new deceptive paths for infiltrating malware.

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Cyber Security Awareness and Risk Management

Spinone

Social engineering attacks , including phishing, spam, and viruses introduced via clickable links within e-mail affected 80% of the banking institutions in 2016. VoIP phishing and impersonation also victimized millions of corporate employees across the world , contributing to an even greater cyber threat.

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No more snack attacks? Mondelez hopes new security training will prevent the next ‘NotPetya’

SC Magazine

This global initiative will expose employees to short but, impactful video-based lessons produced by security awareness firm AwareGO on topics such as phishing, data leaks, Microsoft Office security and Zoom bombing. Then Betov’s team tests workers with phishing simulations and assessment questions to see if the lessons are retained.

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No more snack attacks? Mondelez hopes new security training program can help prevent the next ‘NotPetya’

SC Magazine

This global initiative will expose employees to short but, impactful video-based lessons produced by security awareness firm AwareGO on topics such as phishing, data leaks, Microsoft Office security and Zoom bombing. Then Betov’s team tests workers with phishing simulations and assessment questions to see if the lessons are retained.