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Managing and allocating budgets for cybersecurity and IT has become an increasingly critical aspect of organizational strategy. Organizations recognize the need to invest significantly in cybersecurity to safeguard sensitive data, protect against ranso… Continue reading Facts and misconceptions about cybersecurity budgets
Many CISOs are grappling with the conundrum of the purpose and value of security controls data in supporting critical business decisions, according to Panaseer. The biggest concern when taking on a new CISO role is receiving an inaccurate audit of the … Continue reading CISOs struggling to understand value of security controls data
Financial institutions have always been a valuable target for cyberattacks. That’s partly why banking and financial institutions are heavily regulated and have more compliance requirements than those in most other industries. A slew of new rules have b… Continue reading Why more security doesn’t mean more effective compliance
Security teams are stretched, with not enough people, skills or budget to cope with all their priorities, according to Panaseer. Average cybersecurity budgets increase in 2023 The survey of over 400 cybersecurity decision makers and practitioners acros… Continue reading Increased spending doesn’t translate to improved cybersecurity posture
A Panaseer survey of global insurers across the UK and US found that 82% are expecting the rise in premiums to continue, with 74% of insurers agreeing that their inability to accurately understand a customer’s security posture is impacting price increa… Continue reading Ransomware looms large over the cyber insurance industry
A Panaseer survey of global insurers across the UK and US found that 82% are expecting the rise in premiums to continue, with 74% of insurers agreeing that their inability to accurately understand a customer’s security posture is impacting price increa… Continue reading 82% of global insurers expect the rise in cyber insurance premiums to continue
Panaseer shares data on actions enterprises are willing to take to solve the escalating cyber insurance crisis. In recent years the cyber landscape has been dominated by a sharp increase in ransomware attacks. According to SonicWall, ransomware attacks… Continue reading How the increase in ransomware has impacted the cyber insurance market
Data from a survey of 1,200 enterprise security leaders reveals that an increase in tools and manual reporting combined with control failures are contributing to the success of threats such as ransomware, which costs organizations an average of $1.85 m… Continue reading Control failures are behind a growing number of cybersecurity incidents
Panaseer announces guidance on best practice cybersecurity measurements to help avoid incidents. Currently, there is limited industry guidance around the most important metrics to evaluate, and how to standardise calculations and policies as part of a … Continue reading Panaseer unveils cyber measurement guidance to help avoid incidents
Panaseer announces that it has joined forces with PwC UK to offer continuous Cyber Risk Monitoring. This will pave the way for continuous and accurate measurement, monitoring, and reporting of cyber risk. Panaseer and PwC UK bring together technology a… Continue reading Panaseer and PwC to offer continuous and accurate measurement, monitoring, and reporting of cyber risk