Cyber insurance companies gather a lot of information on the cost of breaches, but security organizations need to know the bigger picture. Jack Jones, chairman of the FAIR Institute, discussed identifying risk and evaluating overall costs with the FAIR model.
With the growth of generative AI services, organizations want better control of the data going in and coming out of AI. Talon CEO Ofer Ben-Noon discussed how his firm has built a DLP compliance model around generative AI services that blocks healthcare information or SWIFT data shared with ChatGPT.
In the latest weekly update, ISMG editors discuss the potential fallout from an SEC investigation of SolarWinds and its CFO and CISO, why the number of individuals affected by Clop's campaign against MOVEit is on the rise, and highlights from InfoSecurity Europe.
The security benefits of public cloud outweigh the drawbacks since cyber controls can be applied much earlier in the application development life cycle. Palo Alto Networks founder and Chief Technology Officer Nir Zuk said development procedures in traditional data centers are "a complete mess."
Cybercriminals are increasingly preying on small hospitals, often in rural communities, knowing that security defenses at these facilities are often much weaker than those at larger institutions, said Kate Pierce, a former longtime CIO and CISO at a 25-bed community hospital in Vermont.
The potential for cybercriminals to reverse-engineer generative AI tools, the rise of geopolitical threats and increased cloud complexity are among the top new threats facing security teams in 2023, according to Forrester's Top Cybersecurity Threats In 2023 report.
In the latest weekly update, ISMG editors discuss how cyber risk is becoming more closely tied to the economic health of nations, why a rural U.S. healthcare provider is closing due in part to ransomware attack woes, and why some cybersecurity companies have laid off staff this month.
As countries across the globe adopted real-time payments at breakneck speed over the past year, experts said authorized push payments fraud sharply increased. APP scams nearly doubled year-over-year compared to other types of fraud. ACI Worldwide's Jackie Barwell shared fraud trends in a new report.
Each year, billions of dollars are transferred in and out of money mule accounts to support a variety of money laundering schemes. But banks are now using machine learning and AI more effectively to spot mule accounts. Two experts shared the latest approaches and tools for beefing up AML programs.
As cloud migration continues across regions and sectors, how are organizations choosing security tools, and how are those tools being operationalized? Which practices are producing the best security outcomes? Explore these cloud security tips from Palo Alto Networks' Ben Nicholson.
CISOs need to bridge the gap between security concerns and business outcomes to ensure everyone plays an active role in third-party risk management. But effectively communicating that risk comes down to knowing your audience - from employees to the board, said CyberGRX's Caitlin Gruenberg.
In the latest weekly update, four ISMG editors discuss highlights from Verizon's 16th annual Data Breach Investigations Report, what's on the mind of CISOs in Malaysia and the Philippines, and how the U.S. SEC sued crypto trading platforms Binance and Coinbase over securities violations.
With the federal government's software bill of materials regulations looming, many organizations are not ready to respond, warned CISO Sean Atkinson of the Center for Internet Security. He provided tips for ensuring transparency in the software supply chain and preparing for SBOM regulations.
Pretexting incidents, a social engineering technique that manipulates victims into divulging information, have nearly doubled, representing 50% of all social engineering attacks, according to Verizon's 2023 Data Breach Investigations Report, which analyzed more than 16,312 security incidents.
In the latest weekly update, ISMG editors discuss why communication is vital to be an effective CISO in 2023, how the hack of Florida-based dental insurer MCNA affects nearly 9 million people, and how CyberArk is securing privileged users with a new browser.
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