cybercrime

Cybersecurity and the current skills gap

Cybersecurity and the current skills gap

Even with increased automation, an organization’s cybersecurity strategy is only as strong as its employees. According to a Fortinet report, 84% of surveyed security leaders experienced one or more breaches in the past 12 months, up from 80% in 2021. Twenty-nine percent had five or more intrusions versus 19% the previous year, and 48% suffered breaches in the past 12 months that cost more than $1 million to remediate, up from 38% in 2021.

Is Cyber Liability Insurance Sufficient Coverage for All Cyber Risks?

Is Cyber Liability Insurance Sufficient Coverage for All Cyber Risks?

Cyber liability and crime insurance are like a safety net for businesses, but they're not perfect. They can help you recover from a cyberattack, but there are some key things you need to know about these policies before you buy one.

Key Cybersecurity Tools That Can Mitigate the Cost of a Breach

Key Cybersecurity Tools That Can Mitigate the Cost of a Breach

IBM's 2023 installment of their annual "Cost of a Breach" report has thrown up some interesting trends. Of course, breaches being costly is no longer news at this stage! What's interesting is the difference in how organizations respond to threats and which technologies are helping reduce the costs associated with every IT team's nightmare scenario.

Over 100,000 Stolen ChatGPT Account Credentials Sold on Dark Web Marketplaces

Over 100,000 Stolen ChatGPT Account Credentials Sold on Dark Web Marketplaces

Over 101,100 compromised OpenAI ChatGPT account credentials have found their way on illicit dark web marketplaces between June 2022 and May 2023, with India alone accounting for 12,632 stolen credentials.