The name WannaCry still invokes memories of chaos and disaster amongst anyone in the technology world. The anniversary of this widespread attack in May each year has been named Anti-Ransomware Day, to encourage organisations to back up their data and adopt necessary security protections.
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From our Cyber Insurance Issue: In today’s interconnected digital world, there is no such thing as an “unconnected” business. That means for most that the extent of their online exposure will include running a calculated risk of becoming the victim of a cyber-attack because that event risk can never be zero. Or does i
There are many themes arising for the RSA Conference next week including tools and services to protect against originating with unsecured third parties in the supply chain. That is a crucial issue in every industry especially with almost every company doing business with a supplier in the cloud. But the scope of the problem is almost impossible to resolve. The reasons are myriad.
With every Fortune 1000 business and government agency doing business with tens of thousands of third-party suppliers, the odds of finding one chink in the security protocols are very good for the criminals and state actors looking to do damage.
Social engineering can easily bypass the strongest technical defenses. It only takes a single lapse in digital hygiene to open the door to man-in-the-middle attacks, invite malware injections, and launch credential stuffing. It is also the favorite strategy of ransomware gangs.
Ransomware grabs headlines and remains highly lucrative for ransomware gangs. When compared to other forms of cybercrime, however, ransomware is really a minor issue. There are more than 33 million small businesses (under $100 million in revenue) operating in the United States alone representing 99 percent of all businesses. However, according to a study produced by the Black Kite Research and Intelligence Team, less than 5000 of them experienced a successful ransomware attack in the last 12 months...
Ethics in AI is an afterthought in development, making adoption a risky proposition. New industry standards, such as ISO/IEC 42001, and rigorous testing for generative AI models, guided by established ethical principles in AI management, can ease apprehension surrounding the advancement of this truly transformative technology.
Huge hazards and pitfalls loom in AI adoption without adequate safeguards and guardrails. There’s potential for perpetuating stereotypes, spreading misinformation, advancing hate speech, hallucinating, exposing private data, and unforeseen harm. The potential for facing legal and financial consequences due to the inappropriate use of generative AI is genuine with devastating outcomes.
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For any cybersecurity or data protection strategy to succeed, organisations need to rely on strong internal collaboration and communication processes. In particular, the CIO/CISO dynamic can have a significant impact on both short- and long-term decision making, from strategic investment decisions to leading the response to security incidents.
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Our current election season faces the same problems as in 2016 and 2020. Foreign adversaries are interfering with the election process. This time we know it’s happening we know where it’s coming from and we have ways of dealing with it. The question is, is it enough?
We’ve all been guilty of not backing up important files, only learning our lesson after losing family photos, documents or homework. But for businesses, not backing up data can be a costly mistake.
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The end of March marks World Backup Day, a day traditionally designed to raise awareness of the importance of backup and encourage best practices. However, in 2024… Is backup still relevant?
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GDPR, with its rigorous data protection standards and hefty fines for non-compliance, has heightened awareness about data privacy and reshaped the demand for cyber insurance.
Cyber insurance offers a financial safety net that can help organisations mitigate the potentially devastating financial impacts of cyber incidents, including data breaches, ransomware attacks, and other forms of cybercrime.
Organisations should consider cyber insurance as an integral component of their risk management strategy, particularly given the escalating landscape of cyber threats and regulatory requirements.
When we received an invitation to review AI Doctor we were quite excited to get a look inside what a serial entrepreneur, investor, and cardiologist thinks about dealing with those vulnerabilities.
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