Enhancing cyber resilience in the oil and gas industry

The World Economic Forum (WEF) has brought together industry and cybersecurity experts from companies and organizations such as Siemens Corp, Saudi Aramco, Royal Dutch Shell, the Cyber Security Agency of Singapore, the U.S. CISA, industrial cybersecuri… Continue reading Enhancing cyber resilience in the oil and gas industry

Cybersecurity, emerging technology and systemic risk: What it means for the medical device industry?

In late 2020, the World Economic Forum stated that “the approach to cybersecurity needs to be overhauled before the industry finds itself in any fit state to tackle the threat.” The WEF singled out five global cybersecurity challenges: 1. Increasing so… Continue reading Cybersecurity, emerging technology and systemic risk: What it means for the medical device industry?

Double-extortion ransomware attacks on the rise

Zscaler announced a report featuring analysis of key ransomware trends and details about the most prolific ransomware actors, their attack tactics and the most vulnerable industries being targeted. The research team analyzed over 150 billion platform t… Continue reading Double-extortion ransomware attacks on the rise

Board directors need to play an active role in protecting their org from cyber risks

Cybersecurity failure is a “clear and present danger” and critical global threat, yet responses from board directors have been fragmented, risks not fully understood, and collaboration between industries limited, according to a WEF report. The report r… Continue reading Board directors need to play an active role in protecting their org from cyber risks

Core cybersecurity principles for new companies and products

The rapid increase in cyberattacks and pressures escalating from changes prompted by COVID-19 have shifted consumer behavior. The findings of a report by the World Economic Forum outline core cybersecurity principles and point to how companies and inve… Continue reading Core cybersecurity principles for new companies and products

Arceo.ai raises $37 million to expand cyber insurance coverage and access

Critical cyber attacks on both businesses and individuals have been grabbing headlines at an alarming rate. Cybersecurity has moved from a background risk for enterprises to a critical day-to-day threat to business operations, forcing executive teams to pour time and hundreds of billions in capital into monitoring and prevention efforts. Yet even as investment in […] Continue reading Arceo.ai raises $37 million to expand cyber insurance coverage and access

Cyber attacks ranked as top risk in Europe, North America, East Asia and the Pacific

There are significant differences in risk perceptions across the eight regions covered in the World Economic Forum’s Regional Risks for Doing Business report. Over 12,000 executives highlighted concerns ranging from economic to political, societal and … Continue reading Cyber attacks ranked as top risk in Europe, North America, East Asia and the Pacific