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Market Moves: Cybersecurity | View online
 

October 25, 2023

Top Story





Why common-sense security is essential regardless of budget
The recent MGM cyberattack provides critical insights into just how basic
mitigation strategies can strengthen infrastructure









Trending Topics





If you want to protect your business data, think like a cybercriminal
Perform your own assessment by looking at your business through their eyes and
consider what gaps or vulnerabilities might exist
READ MORE







Humans are the vulnerability CIOs and CISOs should look to fortify, defend
against
By identifying key employee risk profiles, security leaders can tailor their
strategies to mitigate risks effectively.
READ MORE





Cyber News





AI policies are low, use is high, and adversaries are taking advantage, says new
AI study
Only 28 percent of organizations say their companies expressly permit the use of
generative AI, only 10 percent say a formal comprehensive policy is in place,
and more than one in four say no policy exists and there is no plan for one.





Corvus Insurance: 2023 ransomware attacks up more than 95% over 2022
According to the report, ransomware attacks continue at a record-breaking pace,
with Q3 2023 global ransomware attack frequency up 11% over Q2 and 95%
year-over-year (YoY).





SecurityScorecard achieves FedRAMP Ready designation
With this achievement, SecurityScorecard is ready to meet demand from U.S.
federal agencies for its Third-Party Cyber Risk Management Platform and
implement a standardized letter-grade system for measuring the U.S. government’s
cybersecurity.





Healthcare ransomware attacks cost US $77.5B since 2016
While ransomware attacks, in general, are destructive, the impacts on healthcare
facilities are arguably some of the most catastrophic.









Sector Focus





Cyber insurance protects a company’s balance sheet
Policy benefits can include reimbursement of costs associated with business
interruption and data recreation, as well as access to expert advice.
READ MORE







How to enhance organizational cybersecurity through third-party risk management
Organizations can significantly enhance their cybersecurity resilience by
identifying vulnerabilities
READ MORE





Technology Updates





Swimlane launches security automation ecosystem to protect financial
institutions
Financial services customers will be able to leverage the power of Swimlane
low-code security automation in and outside of the security operations center
(SOC) to automate fraud protection, compliance, and transaction and credit line
monitoring.





VISO TRUST introduces major update to its AI-driven TPRM platform
With today’s new features (see below), the VISO TRUST platform lets
organizations complete complex vendor assessments and identify high-risk
vendors.





Data Theorem introduces CNAPP workflow optimizations for attack path analysis
Data Theorem’s new release of Cloud Secure now delivers Cloud Hacker Toolkits
powered by a new set of visualization features and ML enhancements for exploit
prioritization.





Lacework announces enterprise multicloud platform updates
Lacework has extended cloud security posture management to Oracle Cloud
Infrastructure (OCI), giving teams visibility into their OCI resources and their
associated risks.









Media Center





ICYMI: Cybersecurity for Smart Buildings
Commercial facilities are an appealing target for cyberattacks, and every
building system connected to the internet is at risk of being hacked. Learn
about the precautions you can implement in our latest ICYMI podcast.









Event Watch





ISC2 SECURITY CONGRESS 2023
Save your spot now for industry-leading cybersecurity education, new career
resources, exhibitor showcases and much more — all delivered under one roof at
the stunning Gaylord Opryland Resort. Lead with Confidence, the theme of our
13th annual event, champions the growth and vitality of cybersecurity
professionals in every phase of their career – from...









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