Concentrated Cyber Risk Threatens Global Digital Economy: Insights from SecurityScorecard’s Latest Report

In the report “Redefining Resilience: Concentrated Cyber Risk in a Global Economy,” produced by SecurityScorecard in collaboration with the RSA 2024 President’s Forum and McKinsey & Company, the vast scale of the global economy and its profound reliance on digital commerce are scrutinized through the lens of cybersecurity. As the digital footprint of global commerce expands, so … Read more

HITRUST Boosts Cybersecurity with AI-Powered Threat Engine Powered by Microsoft

HITRUST logo featuring bold, uppercase lettering with "HI" in red and "TRUST" in dark blue, symbolizing cybersecurity and risk management.

HITRUST, a player in information cybersecurity and compliance assurance, announced significant enhancements to its Cyber Threat Adaptive engine. It now powers a collaboration with Microsoft, utilizing Microsoft Azure OpenAI Service and Microsoft Defender Threat Intelligence. This announcement represents an evolution in HITRUST‘s approach to safeguarding against the increasingly sophisticated and dynamic nature of cyber threats. … Read more

Intel 471 Acquires Cyborg Security to Bolster Cyber Threat Hunting

Intel 471, a leader in cyber threat intelligence solutions, has announced its acquisition of Cyborg Security, a move poised to enhance its threat-hunting capabilities significantly. This strategic acquisition allows Intel 471 to integrate Cyborg Security’s advanced behavioral detections and cutting-edge threat-hunting technologies into its portfolio. Jason Passwaters, CEO and Co-Founder of Intel 471 expressed enthusiasm … Read more

Netwrix Reports Sharp Increase in Cyberattacks and Consequent Business Losses

In its latest report, Netwrix unveils the stark and growing menace of cyberattacks that have surged over the past year. The 2024 Hybrid Security Trends Report, distilled from a survey of 1,309 IT and security experts worldwide, exposes that a staggering 79% of organizations have been prey to cyberattacks in the last 12 months—marking an … Read more

Berkley Cyber Risk Solutions Launches Crisis Counseling Coverage for Data Breach Victims

Data breaches, often triggered by human error, not only compromise security but also bring significant emotional distress and financial impacts to the employees involved. The stress and guilt stemming from these incidents can affect productivity and well-being, leading to a tangible cost for businesses. In response, Berkley Cyber Risk Solutions, a division of the Berkley … Read more

×