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Top 5 Cyber Security Risks for Businesses

IT Governance

In an increasingly digital world, there are an escalating number of cyber security risks for business to address. IT Governance identified more than 1,200 publicly disclosed data breaches in 2021 , while another report found that security incidents cost almost £3 million on average. Weak passwords. Poor patch management.

Risk 144
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CIAM in insurance: A unified, secure user experience with a single login

Thales Cloud Protection & Licensing

CIAM in insurance: A unified, secure user experience with a single login madhav Fri, 05/26/2023 - 07:33 In recent years, the insurance industry has transformed from a singularly focused entity to a multi-brand or multi-service type of business. Adding value to the user experience (a top priority for 59% of insurers) 2.

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NEW TECH: This free tool can help gauge, manage third-party cyber risk; it’s called ‘VRMMM’

The Last Watchdog

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Risk 147
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Weekly podcast: Password managers, unpatched vulnerabilities, formjacking and Wendy’s

IT Governance

Hello, and welcome to the IT Governance podcast for Thursday, 21 February 2019. The researchers explain that: “All password managers [they] examined sufficiently secured user secrets while in a ‘not running’ state. Each password manager also attempted to scrub secrets from memory. Here are this week’s stories.

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Episode 163: Cyber Risk has a Dunning-Kruger Problem also: Bad Password Habits start at Home

The Security Ledger

Kevin Richards of the insurer Marsh joins us to talk about that company's Cyber Risk Perceptions Survey. » Related Stories Explained: Two-Factor vs. Multi-Factor Authentication RSA warns Digital Transformation is supercharging Digital Risk Episode 149: How Real is the Huawei Risk? Read the whole entry. »

Risk 40
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Connecticut Tightens its Data Breach Notification Laws

Data Protection Report

The amendment: Expands the definition of “personal information”; Shortens the notification deadline after discovery of a breach from 90 to 60 days; Removes the requirement to consult with law enforcement as part of a risk assessment; Deems compliant any person subject to and in compliance with HIPAA and HITECH; and.

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U.S. and Foreign Cybersecurity and Intelligence Agencies Recommend Measures to Counteract Threat of Russian Cyberattacks

Data Matters

The advisory was promptly endorsed by the National Cyber Security Centre, a division of Government Communications Headquarters (“GCHQ”), a UK intelligence agency. government, especially in light of ongoing tensions between the U.S. First , all of the reports specifically focus on the threat of Russian state-sponsored cyberattacks.