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CSO Online: CISOs are coming under increased pressures to keep quiet about security incidents because concerns about corporate reputation often outweigh adherence to regulatory compliance.
Risk and Insurance: As cyberattacks grow in frequency and complexity, private equity (PE) firms are elevating cybersecurity from a back-office IT concern to a strategic priority.
CFO Dive: The escalating risks underscore the need for increased coordination between cybersecurity and finance teams, according to the study.
PYMNTS: When the British retailer Marks & Spencer (M&S) disclosed last year that a supplier breach had unleashed a ransomware attack, it was the kind of nightmare scenario every corporate board dreads.
Cybersecurity Dive: Chief information security officers are increasingly concerned about the risk of a cyberattack, and a growing number say they have experienced a material loss of data over the past year, according to a report released by Proofpoint.
TechRadar: A function that was once buried deep within IT departments, cyber security is now firmly making its way up the boardroom agenda. 72% of UK businesses now classify cyber security as a high priority, with that extending to 96% of large businesses.
Dark Reading: The Allianz Life data breach, which the company confirmed in July, led to hackers allegedly stealing the personal data of around 1.1 million customers. The insurance giant has 1.4 million customers, and its parent company, Allianz, has more than 125 million.
CSO Online: CISOs have a one in four chance of their job surviving a successful ransomware attack, according to a recent Sophos report. The report’s findings are a wakeup call for CISOs regardless of whether they are found at fault or have any meaningful authority to block such attacks, industry experts say.
CNBC: CyberArk shareholders, for each of their shares, will get $45 cash and 2.2005 shares of Palo Alto. The deal is expected to close during Palo Alto Networks’ fiscal 2026.
Korea Times: Commercial lenders are finding it difficult to fully integrate generative artificial intelligence (AI) technologies into their financial services, impeded by the current regulation that prohibits the use of full, unencrypted personal credit information, market watchers said.
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