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Combat the increasing ransomware threat by educating employees

IT Governance

A recent Sophos survey of 2,700 IT managers in organisations with 100-5,000 employees around the world, revealed that many businesses are not prepared for ransomware attacks. 54% of those surveyed had experienced an attack within the past year. Healthcare was the most affected industry (76%) and financial services the least (45%).

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New York Department of Financial Services Issues First Guidance by a U.S. Regulator Concerning Cyber Insurance

Data Matters

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. Educate Insureds and Insurance Producers. Based on NYDFS’s survey, 36% of insurers already require their cyber insurance insureds to notify law enforcement of a cyberincident. Obtain Cybersecurity Expertise. 1 See W.B.

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What is a Cyberattack? Types and Defenses

eSecurity Planet

Staying ahead of attackers is a constant battle and the cost is “unsustainable,” 81% of WEF survey respondents say. Capital markets, insurance, financial services, and banking are now online. Educating and training employees is a must-do in modern endpoint security. Cybersecurity training and awareness.

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Cloud, Intelligent Content Services, and Digital Fragility: What’s on the RIM Horizon for 2020

ARMA International

Highlights of the Forrester Research and ARMA International Records Management Online Survey, Q4 2019. 2019 marks ten years since ARMA International and Forrester Research first surveyed records and information management (RIM) decision-makers to understand the key trends and challenges facing the profession.

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Getting ready for artificial general intelligence with examples

IBM Big Data Hub

LLMs like ChatGPT are trained on massive amounts of text data, allowing them to recognize patterns and statistical relationships within language. However, these systems lack genuine understanding and can’t adapt to situations outside their training. 46% of survey respondents in 2024 showed a preference for open source models.

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New York Regulators Call on Insurers to Strengthen the Cyber Underwriting Process

Hunton Privacy

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. Obtain cybersecurity expertise to properly understand and evaluate cyber risk.

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Top GRC Tools & Software for 2021

eSecurity Planet

LogicManager’s GRC solution has specific use cases across financial services, education, government, healthcare, retail, and technology industries, among others. Financial reporting compliance. Its features include: Compliance education & management. Case & survey management. LogicManager.