Despite heightened interest in enterprise deployment of artificial intelligence, only 40 percent of respondents to ISACA’s second annual Digital Transformation Barometer express confidence that their organizations can accurately assess the security of systems based on AI and machine learning. This becomes especially striking given the potential for serious consequences from maliciously trained AI; survey respondents…

Small businesses are leaving themselves exposed to significant financial risk from cybercrime by not having adequate measures in place to recover in the event of a cyber attack. That’s according to the findings of InsuranceBee’s Cyber Survey, which asked more than 1,000 SMBs how prepared they are to deal with cybercrime. Although the average cost…

Only one third of senior executives in UK organisations admit their company insurance currently covers them for a security breach and for the financial impact of data loss, despite the fact that 81 percent agree that it is ‘vital’ their organisation is insured against information security breaches. This is according to the Risk:Value report from…

In July 2018, F5 released its first annual Application Protection Report. As part of the report, F5 commissioned Ponemon to survey of 3,135 IT security practitioners across the world. The survey collected information about respondent’s application security processes. A key question asked for respondents to name their organization’s primary owner of application risk. In theory,…

The rapid convergence of enterprise IT and operational technology networks in manufacturing organizations has definitely caught the eyes of cyberattackers. According to a new report out today, manufacturing companies have started experiencing elevated rates of cyber reconnaissance and lateral movement from attackers taking advantage of the growing connectivity within the industry. Developed by threat hunting…

The overwhelming demands on security leaders today can have a paralyzing effect. Gartner analysts provided guidance to security and risk leaders and practitioners on how to be empowered to adapt their people, processes and technologies to address the old and the new; to transform their approach to risk governance to be more continuous and inclusive;…

A new study of the UK cyber risk insurance and broker community reveals startling findings. First and foremost, the insurance industry needs to address non-affirmative cyber in a meaningful way. Second, measurement of cyber risk in financial terms is highly deficient among insurance customers and the insurance industry itself. More than three-quarters (77 percent) of UK cyber…

While some organizations have spent decades fine-tuning their ability to respond to and manage cyber risks, far too many are still playing games with their security strategy. From a cybersecurity perspective, 2017 will go down as a record year for data breaches. The Identity Theft Resource Center (ITRC) reported 1,579 breaches, up 45 percent from 2016. By…