Ransomware threat as high for insurers as it is for their clients
The article discusses the increasing threat of ransomware facing insurers, highlighting the necessity for strong cybersecurity measures as they manage sensitive data. As ransomware attacks become more frequent and sophisticated, insurers must enhance their internal security protocols to safeguard client information and comply with regulations like the Digital Operational Resilience Act (DORA). Source: Business Money […]
Rumbo al ciberseguro inteligente: La VI Edición de Cyber Insurance Day repasará actualidad y tendencias en ciberseguridad y seguros
The sixth edition of Cyber Insurance Day in Madrid is set to explore the latest trends and news in cybersecurity and insurance on the 5th of June. This event will connect key players from the cybersecurity and insurance sectors, including insurers, cybersecurity solutions providers, and public entities, such as the Ministry of the Interior. Source: […]
Fashion under fire: How can retail fend off cyber attacks?
Summary The article discusses the growing threat of cyber attacks in the fashion retail sector, highlighted by the recent ransomware attack on British retailer Marks & Spencer (M&S), which is expected to cost the company £300 million. Experts share insights on necessary defences to maintain cybersecurity in retail, especially as attacks become more sophisticated. M&S […]
Palo Alto rallies on M&S hacks, but earnings fail to woo investors
Palo Alto Networks is in the spotlight following a series of cyber attacks on major British retailers, including Marks & Spencer (M&S). While the latest earnings report has mixed results, there’s a silver lining for the cybersecurity firm amidst rising security concerns across the retail sector. Key Points Palo Alto’s revenue grew by 15% year-on-year […]
Embracing a security-first approach to cyber threats in APAC
Cybersecurity in the Asia-Pacific (APAC) is becoming increasingly crucial as threats evolve, leading industries to rethink their defence strategies. The article highlights the shift from compliance to a proactive, security-first approach, particularly in the financial services sector and among small to medium enterprises (SMEs). Source: Intelligent CIO APAC Key Points Cyber threats in APAC are […]
INE Security Partners with Abadnet Institute for Cybersecurity Training Programs in Saudi Arabia
INE Security has teamed up with Abadnet Institute to launch cybersecurity training programmes across Saudi Arabia. This partnership aims to enhance IT and cybersecurity education for both individuals and organisations, providing essential knowledge and skills necessary for the growing digital landscape. Source: TechBullion Key Points INE Security partners with Abadnet Institute to enhance cybersecurity training […]
Active LummaC2 malware campaigns targeting US critical infrastructure, as DOJ seizes domains
The U.S. Cybersecurity and Infrastructure Security Agency (CISA) and the FBI have issued a joint advisory warning of ongoing LummaC2 malware campaigns that are currently threatening the nation’s critical infrastructure. This malware is proving to be a formidable tool in stealing sensitive credentials and data. The Justice Department’s recent seizure of several domains linked to […]
Protecting Connected Medical Devices from Evolving Cyber Threats
Summary As healthcare continues to embrace digital connections, the security of medical devices has become paramount. This article discusses the increasing vulnerabilities posed by connected medical technologies and outlines proactive measures to safeguard patient care and device function. The piece highlights an upcoming webinar that will delve into the cybersecurity challenges facing medical device manufacturers […]
Ask the expert: Parametric cyber insurance – is it worth it?
The cybersecurity industry is increasingly leaning towards parametric solutions, which offer a more measurable and manageable way to tackle the rising digital risks. With companies facing a shocking increase in cyber attacks and staggering projected losses, innovative risk management is absolutely essential. Small UK businesses are particularly vulnerable, facing high cyber insurance premiums that can […]
Payment Security Concerns Are Pushing US Consumers to Use Virtual Cards Online
Summary A recent report highlights a significant shift among U.S. consumers towards using virtual cards as a response to growing payment security concerns. With the rise of cybercrime, more shoppers are opting for one-time-use virtual cards that help shield their financial information from digital thieves. The PYMNTS Intelligence report reveals that 42% of U.S. consumers […]