Cybersecurity Investment: The Hidden Core of JPMorganChase’s $1.5 Trillion Security Plan

JPMorganChase’s Security and Resiliency Initiative Examined Yesterday, JPMorganChase announced a $1.5 trillion Security and Resiliency Initiative, a 10-year plan designed to enhance America’s economic and digital strength, improving critical industries. While “cybersecurity” is only mentioned directly in one of the four pillars, investment in it quietly powers all of them. CEO Jamie Dimon emphasized urgency … Read more

Cost of Extreme Cybersecurity Attack on OT Greater Than $300 Billion

The Critical Matter of OT Cybersecurity – The global financial impact from catastrophic cyber events targeting Operational Technology (OT) could hit $329.5 billion. This, according to a new report from industrial cybersecurity firm Dragos and Marsh McLennan’s Cyber Risk Intelligence Center. In the worst modeled scenario, business interruptions alone would account for more than $172 … Read more

92% of Industrial Sites Face Cybersecurity Risks from Remote Access, DeNexus Study Finds

A new study by DeNexus has revealed that a startling 92% of industrial sites worldwide are at risk from unsecured remote access systems, exposing them to potential losses as high as $1.5 million per location. The research into Industrial cybersecurity risks looked at 254 industrial facilities. Covering North America, Europe, and Australia, underscoring the vulnerability … Read more

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