article thumbnail

News alert: Beazley reports on how AI, new tech distract businesses as cyber risk intensifies

The Last Watchdog

trillion by 2025, a 300% increase since 2015 1. Bantick “As the MOVEit hack has proved, the bad actors are always looking for new ways to attack with tactics ranging from third party supplier attacks to more sophisticated social engineering and phishing attack techniques. Yet, boardroom focus on cyber risk appears to be diminishing.

Risk 189
article thumbnail

The Growing Presence (and Security Risks) of IoT

Thales Cloud Protection & Licensing

That pace is unlikely to slow down over the coming years; Pagely noted that organizations are still turning to IoT devices as a way to automate and optimize their business processes as well as save on energy costs. zettabytes (ZB) of data by 2025. billion in number and generate 79.4 Healthcare is in Need of a Check-Up.

IoT 122