Cybersecurity Report

Cybersecurity Vulnerability: Companies Risk Governance Woes Over Delayed Security Fixes

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Cybersecurity negligence and resulting vulnerability have become increasingly critical as the number of known vulnerabilities surges. In a recent report, S&P Global Ratings warns that organizations slow to remediate highly targeted cyber vulnerabilities may face significant governance issues. Such delays increase the risk of system compromises and could negatively influence S&P’s assessment of an entity’s … Read more

Cybersecurity Readiness: Why Most Enterprises Overestimate Their Resilience

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Cybersecurity and insurance leaders should consider bringing in more psychologists to help overcome the challenges inherent in human behavior: overconfidence, narcissism, underestimating time requirements, and other traits that undermine effective cybersecurity. These human factors help explain why many organizations feel prepared for cyber threats but are still vulnerable. Kyndryl’s latest survey reveals a troubling gap … Read more

2024 Phishing Trends: How Employee Awareness Training Can Combat Rising Threats

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The famous line goes, ‘To err is human; to forgive, divine.’ However, a more fitting line from Alexander Pope’s poem might be, ‘All seems infected that th’ infected spy.’ In the world of cybersecurity, the infection is phishing, and no one is immune. Last week, we reported on an Arctic Wolf report revealing a striking … Read more

The Role of Human Error in Cybersecurity Failures and How to Mitigate It

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Humans are the heartbeat of any organization, driving innovation, decision-making, and daily operations; as both customers and employees, they keep businesses afloat. However, with human involvement comes the inevitability of human error. This issue transcends industries—whether it’s the 1999 NASA Mars Climate Orbiter crash caused by a metric conversion error or the 2021 Colonial Pipeline … Read more

Ransomware, AI, and Nation-States: Inside Microsoft’s 2024 Cybersecurity Report

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The Microsoft Digital Defense Report 2024 paints a vivid and alarming picture of the rapidly evolving cyber threat landscape, where cybercriminals and nation-state actors leverage more sophisticated tools and tactics. The report highlights the devastating impact of cyberattacks, from ransomware crippling 389 healthcare institutions in the US, leading to delayed medical procedures and risking lives, … Read more

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