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How Spread Betting Platforms Safeguard Traders Against Cyber Risks

IT Security Guru

This heavy reliance on technology, however, makes it an attractive target for hackers seeking to exploit vulnerabilities in trading systems and platforms. If these cyber attacks are successful, even just a little, they could lead to billions of pounds in damages and losses to the companies that own the platforms and the traders.

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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

Williams Dr. Darren Williams , CEO, BlackFog Lesser-known ransomware groups like Hunters International will grow rapidly, leveraging AI for more efficient attacks, while “gang-hopping” by cybercriminals complicates attribution and containment. While cloud offers flexibility, it introduces new cyber risks.

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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.

Insurance 364
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NEW TECH: Trend Micro flattens cyber risks — from software development to deployment

The Last Watchdog

Thus the urgency for organizations to put all excuses aside and embrace stricter cyber hygiene practices could not be any higher. Cybersecurity technology is far more advanced today than it was five years ago, or even two years ago. It’s a very good thing that the cybersecurity industry has been innovating apace, as well.

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Shifting from Business Continuity to Continuous Business in Cyber

Jane Frankland

A scenario where you could face any looming cyber crisis knowing that you’d emerge unscathed. As ITDMs, CISOs and cyber risk owners this is our dream scenario, and he got me thinking. It means ensuring that you’re future ready and better equipped than your competitors to meet the demands of new technologies and threats.

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Third-Party Cyber Risks Surge in U.S. Energy Sector

SecureWorld News

In a time when cyber threats are growing more sophisticated and pervasive, a new report by SecurityScorecard and KPMG LLP sheds light on critical cybersecurity vulnerabilities facing the U.S. Titled " A Quantitative Analysis of Cyber Risks in the U.S. energy sector.