With cyberattacks rising at an alarming rate around the world, cyber insurance has become an increasingly popular layer of protection for businesses across all sectors. However, despite its clear appeal as a means of supporting and augmenting cyber risk management, insurance might not be the right fit for all companies in every circumstance. In fact,…

A recent spate of cyberattacks against small to midsize businesses (SMBs) across Northern Europe was initially believed to be the handiwork of LockBit, but following further investigation, it turns out that a copycat group is using leaked LockBit malware for campaigns of its own. According reports from Belgium’s Computerland publication, the “wannabes,” while not as…

BlueVoyant has strengthened its ability to monitor the remediation of supply chain issues and integrate that with questionnaire activity, co-founder and CEO Jim Rosenthal says. Existing supply chain security tools tend to generate lots of risk information but then put the burden on the client to interact with their suppliers about remediating that risk, Rosenthal…

Ukraine’s domestic intelligence agency revealed earlier this week that it successfully blocked more than 4,500 cyberattacks in 2022. The Security Service of Ukraine, which protects Ukraine’s information and digital security in wartime conditions, says the number of cyberattacks has tripled since last year and increased fivefold since 2020, when only 800 cyberattacks were documented. The…

Netwrix has released key cybersecurity trends that will affect organizations of all sizes in 2023. Here are five specific trends that you need to be aware of: The business of cybercrime will be further professionalized The return of malware strains like Emotet, Conti and Trickbot indicates an expansion of cybercrime for hire. In particular, the…

The GAO pointed out that the DHS, CISA and NIST have issued guidance, alerts, advisories, and other resources in an effort to help federal and private entities manage the cybersecurity risks associated with internet-of-things (IoT) and operational technology (OT) systems. While steps have been taken to protect critical infrastructure against cyberattacks, GAO believes more should…