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

The Last Watchdog

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. Yet, boardroom focus on cyber risk appears to be diminishing. trillion by 2025, a 300% increase since 2015 1.

Risk 189
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Manufacturing needs to adopt a Zero Trust approach to mitigate increased cyber threats

Thales Cloud Protection & Licensing

Manufacturing needs to adopt a Zero Trust approach to mitigate increased cyber threats. Long gone is the time when manufacturing systems and operations were siloed from the Internet and, therefore, were not a cybersecurity target. Survey’s key findings. Thu, 10/20/2022 - 06:20.

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SHARED INTEL: Poll shows companies pursuing ‘Digital Trust’ reap benefits as laggards fall behind

The Last Watchdog

Now comes survey findings that could perhaps help to move things in the right direction. According to DigiCert’s 2024 State of Digital Trust Survey results, released today , companies proactively pursuing digital trust are seeing boosts in revenue, innovation and productivity. It’s not just in smart homes,” he says.

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Smart Devices: How Long Will Security Updates Be Issued?

Data Breach Today

Survey Shows Long-Term Software Support Varies Widely If you've managed to equip your home with smart devices and appliances that work properly, you probably think you're all set. But there are no regulations around how long manufacturers must provide security updates, which could mean a smart device could become a risk.

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MRO spare parts optimization

IBM Big Data Hub

Many managers in asset-intensive industries like energy, utilities or process manufacturing, perform a delicate high-wire act when managing inventory. When assets lack criticality and priority assignments, there is a risk of accumulating unnecessary parts that might become obsolete on the shelves. What’s at stake?

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GUEST ESSAY: The role ‘deep learning’ AI can play relieving security teams of debilitating stress

The Last Watchdog

Above all, the core exposure derives from an increasing number of unknown threats, according to a Divisional Head of Cybersecurity Compliance at a global motor manufacturer: “The number of unknowns is increasing. The criminals know their existing malware signatures can be detected, so they are constantly looking to find new ways to attack.

Security 203
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Streamlining supply chain management: Strategies for the future

IBM Big Data Hub

The challenges continue: one 2023 survey found 44% of companies had to make changes in the past year due to issues with their supply chain footprint, and 49% said supply chain disruptions had caused planning problems. To mitigate these risks , companies need the resources and technology to develop robust contingency plans.