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

The Last Watchdog

The data shows how perceptions around cyber and technology risks, from ransomware and other cyber-attacks to the threats posed by AI, are changing the global business risk landscape. The economic impact of cybercrime on business across the globe continues to reach new levels, with the cost predicted to reach US$10.5

Risk 189
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The Scammers’ Playbook: How Cybercriminals Get Ahold of Your Data

eSecurity Planet

According to the 2021 IBM Threat Force Intelligence Index , Manufacturing was the industry most likely to be attacked last year, comprising 23.2% Given how lucrative and necessary both sectors are to daily life, they make prime targets for ransomware. of cyber attacks IBM handled. Finance and insurance finished a close second at 22.4%.

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The Week in Cyber Security and Data Privacy: 4 – 10 December 2023

IT Governance

suffers second ransomware attack in months Having been struck by a ransomware attack in October by the BlackSuit group , which led to operations and appointments being postponed, Akumin Inc. has suffered a second attack, this time by the BianLian ransomware group. Source (New) Manufacturing Canada Yes 1.2 Akumin Inc.

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The Hacker Mind Podcast: Reverse Engineering Smart Meters

ForAllSecure

For example, in 2009, the Obama administration provided financial incentives to utilities in the United States. And again, smart meters were positioned squarely as making the environment more friendly by knowing how and when energy is being used by individual customers. And I remember asking questions, who were the manufacturers?