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Industry News: ESG5

      Cybersecurity Funding Plummets 51% In Q3

      2024-10-10

      Crunchbase: After a robust comeback in the second quarter of this year, funding to cybersecurity startups tumbled 51% in Q3 as investors pulled back.

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      Cybersecurity: A Strategic Imperative For Business Leaders

      2024-10-10

      Forbes: As the CEO of a cybersecurity firm, I've witnessed the evolution of cybersecurity from a niche concern to a cornerstone of strategic business planning. 

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      New Data Privacy Trends Help Drive Growth in Frequency and Severity of Large Cyber Claims: Allianz

      2024-10-09

      Business Wire: Cyber claims have continued their upwards trend over the past year, driven in large part by a rise in data and privacy breach incidents, Allianz Commercial warns in its annual cyber risk outlook. 

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      CISOs, C-Suite Remain At Odds Over Corporate Cyber Resilience

      2024-10-07

      Cybersecurity Dive: The research highlights a troubling gap between security executives and the C-suite at a time when the security industry has been pushing businesses to embrace cyber risk as a core business risk. 

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      Cyber Resilience Becoming Extremely Difficult Amid Gen AI Upgrades

      2024-09-30

      CSO Online: With rapid advancements in Artificial Intelligence (AI) pushing boundaries and the regulatory environment in constant flux, achieving cyber resilience is becoming more difficult for enterprises.

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      CrowdStrike Apologizes for Global IT Outage in Congressional Testimony

      2024-09-24

      The Guardian:CrowdStrike senior executive apologized for causing a global software outage that ground the operations of hospitals, airports, payment systems and personal computers around the world to a halt in July.

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      Cybersecurity Insurance Market Growing with Significant CAGR 16.4% Over the Forecast Period 2024-2032

      2024-09-24

      Yahoo Finance: One of the main drivers contributing to the growth of the cybersecurity insurance market is the increasing number of cyberattacks, which escalate in frequency and become more sophisticated.

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      Cybersecurity Success Hinges On Full Organizational Support, New CompTIA Report Asserts

      2024-09-24

      PR Newswire: Cybersecurity is the top technology priority for the vast majority of organizations, but moving from aspiration to reality requires a top-to-bottom commitment that many companies have yet to make, according to new research released today by CompTIA, the nonprofit association for the technology industry and workforce.

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      How Shifts in Cyber Insurance Are Affecting the Security Landscape

      2024-09-18

      Dark Reading: The rising cost of cyberattacks, including downtime, investigations, lawsuits, ransoms, and more are prompting cyber insurers to re-examine underwriting and encourage greater cyber resiliency in their customer bases.

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      Cybersecurity: A Key Business Imperative, Not Just A Technical Problem

      2024-09-17

      Forbes: Cybersecurity has become a pivotal business imperative, transcending mere technical challenges. While many organizations still view cybersecurity as an IT issue, the reality is that it fundamentally impacts every facet of a business, from reputation and customer trust to regulatory compliance.

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