Three-quarters of U.S. CEOs in PwC’s 24th Annual Global CEO Survey said they are “extremely concerned” about cyber threats. They want to understand roadblocks, cyber insurance coverages, and budget allocation, among other critical topics. CISOs prefer the language of technology, and boards prefer the language of finance.
Citing senior Cybersecurity and Infrastructure Security Agency (CISA) officials, journalistsreported on November 8 that DDoS attacks had temporarily disabled the website of a state government. A group claiming to be pro-Russian hacktivists, CyberArmyofRussia_Reborn, claimed responsibility for that attack and another on the website of a U.S. political party’s governing body on the same day, specifying one target IP address for each organization.
Simplify your procurement process and subscribe to Splunk Cloud via the AWS marketplace Unlock the secrets of machine data with our new guide All companies want to protect their reputation as any mishandling of it, either self-inflicted or via outside forces, can have a devastating impact. Mitigating reputational issues involves mitigating the risk that leads to them.
With the rise in cybercrime, including malware and ransomware attacks, digital forensics has become vital for many organizations. Digital forensics is the science of recovering, investigating, and analyzing digital records, often called digital artifacts, or in legal language forensic artifacts. This can be to find evidence of a crime, but is more often used to identify activity occurring on a computer and to understand how a cyberattack or breach may have occurred.
It’s no secret that loss control programs are essential for cyber insurance. Unlike other forms of insurance where the risk and assets don’t change much during a policy term, cyber insurance is meant to mitigate a constantly evolving risk and cover organizations whose security posture is always changing. A cyber insurance policy could be priced completely differently today compared to a few weeks or months later.
The FTX crypto disaster is a great lesson in risk management. It brings into focus the importance of knowing where your valuables are and how they are being managed.
Third party cyber risk can be a lot like the wild wild west - it’s hard to predict where your next loss will come from. We know that third-party cyber events can lead to millions of dollars of loss revenue, remediation costs, regulatory fines & more. That’s why Kovrr has made significant updates to their platform to help put a financial quantification on risk derived from your organization’s third parties.
When discussing cybersecurity, “penetration testing” and “red teaming” are two terms that are often used interchangeably but are two entirely separate concepts. If you are considering implementing additional cybersecurity protocols within your organization, it’s essential to understand the unique role and function of each of these processes and how they can benefit your organization.
SecurityScorecard, the global leader in cybersecurity ratings, commented on the Federal Energy Regulatory Commission’s (FERC or “Commission”) proposal to establish rules for incentive-based rate treatments for certain voluntary cybersecurity investments by utilities. Cybersecurity is among the greatest threats to the resilience and reliability of America’s critical infrastructure, including its electricity infrastructure.
