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PYMNTS: Cybereason, which can help prevent cyberattacks, is the recipient of a $275 million investment from crossover funding, according to a company press release.
Dark Reading: When Team Cymru's James Shank worked with the Ransomware Task Force to come up with the worst-case scenarios for a ransomware attack, the group focused heavily on impacts: How could attackers endanger people or cause significant damage to infrastructure?
Institutional Asset Manager: Executives at some of the world’s biggest banks, insurers and asset managers were asked to choose from a list of potential business, economic, policy, social and environmental threats to growth. They ranked cyber-attacks top (56 per cent), followed by pandemics (51 per cent) and over-regulation (50 per cent).
Help Net Security: A RUSI paper finds that the contribution of the insurance sector to improving cyber security practice is ‘more limited than policymakers and businesses might hope’, and recommends government and industry action.
Business Wire: New hybrid working arrangements are placing firms at greater risk of cyberattack. Employers must be confident that staff understand how to stay safe while working from different locations, according to Questionmark, the online assessment provider.
IT Pro: The company published the figure in a report that surveyed cyber security professionals worldwide, with 24% of them based in the US. It found that 46% of the companies targeted a second time were attacked by the same criminals that infected them the first time.
ZDNet: Cybersecurity works best when people know that their corporate information security team will be sympathetic to mistakes. That's because, if someone suspects they may have clicked a phishing link or fallen victim to a cyberattack, they're much more likely to be open about it – and that helps the whole organisation stay secure against malicious hackers.
KnowBe4: With 81% of organizations believing ransomware attacks will become more prevalent in the second half of 2021, nearly everyone is preparing for the worst to come.
Help Net Security: An overwhelming 90% of security leaders are concerned about group legal settlements following a serious data breach, compared to 85% who are worried about regulatory fines, Egress reveals.
Forbes: Fraud is not a new problem. Some historians trace it back to 300 B.C., when a Greek merchant named Hegestratos took out an insurance policy on his boat full of corn with the intent to sink it and collect the insurance money.
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