#Cyber Risk

[goodoldbandit]

Executive Protection Gaps in Cybersecurity: A Candid Conversation.

Sanjay Kumar Mohindroo Sanjay Kumar Mohindroo. skm.stayingalive.in Explore executive protection gaps in cybersecurity with real-world insights, industry examples, and thoughtful discussion. The Unseen Threats at Home How Our Private Spaces Become the Weak Link in Digital Safety The world of cybersecurity is changing in ways that raise tough questions for companies and leaders alike. We face…

[skulldark77]

fbi warns iphone android users

The FBI recently issued a warning to iPhone and Android users about the potential cyber risks posed by sending text messages between the two types of devices. According to a report by Fox Business, the agency is concerned about the security vulnerabilities that could arise from the exchange of messages across operating systems.

read more in google news

One of the main concerns highlighted by the FBI is the lack of end-to-end encryption in SMS messages, which could potentially leave the messages vulnerable to interception by hackers or other malicious actors. This lack of encryption means that sensitive information exchanged between iPhone and Android users may not be as secure as users might think.

In a Wired article, it was revealed that encryption apps designed to protect user data from being accessed by unauthorized parties may also be at risk of being compromised. The article highlighted the connection between Chinese telecom hacking groups and the Russian cybercrime organization known as Hydra, which has been linked to attacks on companies like Exxon.

The combination of these warnings from the FBI, Wired, and Yahoo News highlights the importance of taking steps to secure sensitive information transmitted between iPhone and Android devices. Users are advised to use encrypted messaging apps that offer end-to-end encryption to protect their data from potential interception by cybercriminals. Additionally, it is crucial for users to stay informed about the latest cybersecurity threats and to take proactive measures to safeguard their personal information.

read more in google news

Human resource management is the strategic approach to the effective management of people in an organization, ensuring they contribute to the overall goals and objectives of the business. It involves recruiting, training, developing, and retaining employees while also managing any issues that arise in the workplace.

HR management plays a crucial role in any organization as it is responsible for building a positive work culture, ensuring employee satisfaction, and promoting productivity. It includes activities such as workforce planning, talent management, performance management, compensation and benefits, and employee relations.

Recruitment is a key aspect of HR management, as it involves attracting and selecting the best candidates for open positions in the organization. This includes posting job ads, reviewing resumes, conducting interviews, and making job offers to qualified candidates. Training and development are also important parts of HR management, as they help employees acquire the skills and knowledge needed to perform their roles effectively.

Employee relations is another vital component of HR management, as it involves managing conflicts, addressing grievances, and ensuring a positive work environment for all employees. Performance management is another key area of HR management, as it involves setting goals, providing feedback, and evaluating employee performance to ensure they are meeting expectations and contributing to the overall success of the organization.

read more in google news

Overall, human resource management is a critical function within any organization, as it is responsible for managing the organization’s most valuable asset — its employees. By investing in HR management and creating a positive work environment, organizations can attract and retain top talent, foster a culture of innovation and growth, and ultimately achieve their business objectives.

[jcmarchi]

Arik Solomon, Co-Founder & CEO of Cypago – Interview Series

New Post has been published on https://thedigitalinsider.com/arik-solomon-co-founder-ceo-of-cypago-interview-series/

Arik Solomon, Co-Founder & CEO of Cypago – Interview Series

Arik Solomon, Co-Founder and CEO of Cypago, is on a mission to eliminate the hassle of compliance for businesses. Cypago’s Cyber GRC Automation Platform transforms the traditionally manual, time-consuming process of meeting security standards into an efficient, AI-driven workflow. By integrating with existing software stacks, Cypago streamlines compliance from start to finish, making it easier for organizations to stay secure and compliant.

What inspired you and your co-founder to start Cypago, and what initial challenges did you face in bringing the Cyber GRC Automation (CGA) platform to life?

The inspiration for Cypago came from our firsthand experience in the cybersecurity and compliance domains, where we constantly saw the challenge companies faced in keeping up with an evolving landscape of regulations, standards, and cybersecurity threats. These challenges were amplified by the lack of integration between compliance processes and the practical needs of security teams. We realized that by automating these processes, we could simplify compliance management for companies and make it scalable.

One of the initial hurdles we encountered was designing a solution that could balance automation with the flexibility required to cater to the unique needs of different organizations. Compliance frameworks vary widely and rely on data from multiple sources, so we needed to build a platform that was both robust and adaptable. Additionally, getting early buy-in from stakeholders in an emerging sector like Cyber GRC required educating the market on the advantages of Cyber GRC Automation (CGA) over traditional manual compliance tools.

Can you share more about the transition from your role as CTO at EY to founding a startup? What made you take the leap into entrepreneurship?

Transitioning from my role as CTO at EY to founding Cypago was both a natural evolution and a leap of faith. At EY, I gained extensive experience in understanding the complexities of cybersecurity and compliance across various industries. I saw how the manual nature of compliance processes was bogging down teams, eating into budgets, and leaving companies vulnerable to human error and emerging threats.

The shift to entrepreneurship was driven by my desire to solve these problems at scale, with a solution that would redefine how companies approach security and compliance. Partnering with my co-founder Yahav Peri, who shared this vision, made the transition possible and ultimately brought it to life. We were excited by the opportunity to innovate without the typical constraints of a large organization, allowing us to bring our vision for Cypago’s Cyber GRC Automation platform to life.

For readers who are not familiar with these terms, what are GRC solutions and why do they matter?

GRC stands for Governance, Risk, and Compliance. These solutions are designed to help organizations manage and streamline their processes for meeting regulatory requirements, mitigating risks, and ensuring they operate in line with internal and external standards.

GRC solutions are essential because they provide a structured way for organizations to protect themselves against regulatory fines, cyber threats, and reputational risks. In today’s digital world, companies face an overwhelming number of regulatory standards and security requirements. GRC solutions, particularly ones that incorporate automation like Cypago’s platform, reduce the complexity and cost of managing these obligations. This ultimately allows companies to focus on growth, knowing they have a solid foundation for compliance and risk management.

What makes Cypago’s platform distinct from other Cyber GRC solutions, especially with its use of AI and automation?

Cypago’s platform stands out in the crowded Cyber GRC space due to its advanced integration of AI-driven automation. Unlike traditional solutions that rely heavily on manual processes, Cypago streamlines compliance and risk management by automating key workflows, data collection, and analysis. This allows organizations to respond proactively to compliance requirements and potential risks in real time.

The platform’s intelligent automation not only speeds up audit and compliance tasks but also reduces human error, enhances data accuracy, and frees up resources, enabling teams to focus on strategic activities rather than tedious operational work.

How has the recent integration of AI frameworks like the EU AI Act and NIST AI RMF influenced Cypago’s platform capabilities?

Cypago’s integration of modern AI frameworks such as the EU AI Act and the NIST AI Risk Management Framework (AI RMF) has bolstered the platform’s compliance and risk mitigation capabilities.

These frameworks provide guidelines that help ensure that AI is used responsibly, addressing issues related to transparency, bias, and accountability. By incorporating these standards, Cypago’s platform aligns with emerging regulatory requirements and industry best practices, enhancing user trust and compliance with international AI governance. This forward-thinking approach ensures that organizations using Cypago can keep pace with evolving AI legislation while maintaining robust, scalable Cyber GRC practices.

Could you walk us through the role of natural language processing (NLP) in the platform’s chatbot? How does it enhance the compliance process for your users?

Cypago’s platform incorporates advanced natural language processing (NLP) to power its intelligent chatbot, which acts as a virtual compliance assistant. This feature is designed to simplify and streamline the compliance process by transforming complex regulatory language into actionable insights. With NLP, the chatbot can interpret user questions in everyday language and provide contextually relevant responses, facilitating a seamless, user-friendly interaction.

The chatbot leverages NLP to assist with tasks such as retrieving compliance documentation, explaining policy requirements, and guiding users through audit processes. This capability enables users to navigate compliance requirements more efficiently, reducing the need for time-consuming manual research and enhancing the overall compliance experience.

By using NLP to deliver personalized, accurate, and prompt assistance, Cypago’s platform empowers teams to handle compliance with greater confidence and speed, ensuring that they stay informed and prepared in a fast-paced regulatory environment.

With AI compliance gaining momentum, what role do you see AI playing in regulatory frameworks moving forward?

AI has the potential to revolutionize regulatory frameworks by enabling more proactive, adaptive compliance approaches. In a regulatory landscape that’s constantly evolving, specifically within the cybersecurity domain, AI can help detect emerging risks faster, streamline audits, and allow organizations to respond dynamically to changes.

AI will likely play a significant role in monitoring and analyzing data in real time, identifying patterns of non-compliance, and providing predictive insights to prevent issues before they escalate.

How does Cypago’s automation approach address the challenge of maintaining continuous compliance in a constantly evolving threat landscape?

Cypago’s automation approach, anchored in continuous control monitoring, ensures that organizations maintain continuous compliance even as the threat landscape and regulatory environment evolve. By leveraging AI-driven automation, the platform continuously tracks and monitors compliance controls, promptly identifies potential risks, and updates compliance statuses in real-time. This proactive monitoring allows organizations to detect vulnerabilities and respond to changes swiftly, minimizing the need for manual intervention.

Continuous control monitoring also facilitates the seamless integration of new regulations and security frameworks as they arise, keeping organizations aligned with the latest standards. Additionally, Cypago automates the collection and analysis of compliance-related data from various systems, providing a comprehensive and current view of an organization’s compliance posture.

This holistic approach reduces the time and effort required for compliance management and enhances the organization’s ability to swiftly adapt to emerging risks and regulatory changes, ensuring a robust, agile compliance strategy.

What are the biggest risks or challenges you foresee in AI compliance, and how is Cypago preparing to address them?

One of the biggest challenges is the ambiguity of regulatory standards, which vary widely across jurisdictions and industries. As a result, companies are left navigating a patchwork of requirements, increasing the complexity of maintaining compliance. Additionally, AI’s complexity and opacity make it difficult to explain and validate AI-driven decisions, a growing concern for regulators focused on transparency and accountability.

At Cypago, we’re building solutions that address these challenges by creating transparency in compliance and cyber risk management processes and incorporating tools that can adapt to new standards. Our platform is designed to offer companies real-time insights and automated assessments that reduce the guesswork involved in managing AI-related compliance.

By focusing on adaptability and transparency, we aim to help organizations stay compliant even as regulatory expectations evolve.

How do you envision Cypago’s platform evolving as new AI-driven security regulations emerge globally?

We see Cypago’s platform evolving to include more advanced capabilities for monitoring, managing, and documenting AI compliance in an ongoing and continuous fashion. We’re investing in capabilities that will allow our platform to adapt to new regulatory demands seamlessly, providing companies with an intuitive, automated way to ensure their AI deployments meet the highest standards of compliance.

By staying at the forefront of AI compliance technology, Cypago aims to be a trusted partner for organizations worldwide, enabling them to confidently leverage AI while remaining aligned with global standards.

Thank you for the great interview, readers who wish to learn more should visit Cypago.

[jeneesa-michael890]

[smalltofedsblog]

Business Risk In The New Age Of Cyber Warfare

The burden of ensuring services remains uninterrupted to protect customer and shareholders’ interests falls upon the entities that are supplying the services. The scale of American cybersecurity needs and restrictions on government action make it nearly impossible for government organizations to defend private sector.

[petnews2day]

Deep pool of capital, cat bonds help meet cyber insurance demand: Beazley CEO

New Post has been published on https://petn.ws/ILEYo

Deep pool of capital, cat bonds help meet cyber insurance demand: Beazley CEO

Commenting this morning alongside his firm’s results announcement, Beazley Chief Executive Officer (CEO) Adrian Cox said that a “deep pool of capital” is required to support growing demand for cyber insurance, while the company’s CUO Bob Quane noted that the capital markets are now stepping up in support.Beazley has helped to pioneer the development of […]

See full article at https://petn.ws/ILEYo #CatsNews #CatBond, #CatastropheBond, #CyberCatastropheBond, #CyberILSCyberInsuranceLinkedSecurities, #CyberInsurance, #CyberInsuranceLinkedSecurities, #CyberReinsurance, #CyberRisk, #InsuranceLinkedSecurities, #Reinsurance

[squeakadeeks]

Holy shit dude, I'm the anon that sent you a 3 parts message last Friday, I really really _really_ hope it didn't come off as stalker-ish or creepy or anything

This is horrifying timing for me to send it after reading what you wrote about what happened at your work. I'm so fucking sorry about everything, I hope it didn't exacerbate everything or like made you think I was one of your students or something

I am wishing you all the luck in the world with all of this :((

oh nonono _(:3 」∠ )_ its just impossible to answer multi-part messages on anon haha, but it was very kind and uplifting, no worries at all my schdude. it didnt come off as creepy or anything i just had fried egg brain and couldnt think of a good way to respond all in one go.

also i havent had any Cyber Incidents with my work bleeding over so in spite of everything its not something I'm super worried about. I also dont really know what they'd do with it. "PROFESSOR! fire this man, he drew homosexual aliens and posts about worms and birds" like ¯\_(ツ)_/¯

[dead-generations]

"cash is so expensive for our society and it's so inconvenient we should go cashless."

yeah let's hand a total monopoly on all transactions - and indeed all liquid capital - within our country to about 6 private companies. There is surely no downside to this.

[cybersixed]

so like as any hyperfixation goes I really wanna talk abt postal to people because the back and forth of ideas and such is so good but not gonna lie to you I am midkey (yes midkey) scared of postal fans and I do not trust any discord server, I also can't in good conscience show this to my friends so I'm just like...

Sitting here all alone in my corner...

[melodicfix]

[jcmarchi]

The Skills Power Duo: Threat Intelligence and Reverse Engineering

New Post has been published on https://thedigitalinsider.com/the-skills-power-duo-threat-intelligence-and-reverse-engineering/

The Skills Power Duo: Threat Intelligence and Reverse Engineering

The 2024 Summer Olympics may have garnered as much cybersecurity related media focus as the games themselves. Every two years, threat actors from a slew of countries seek notoriety by attempting to or succeeding in breaching one of the world’s largest sporting events, giving cybersecurity teams all they can handle to mitigate potential threats.

Although no incidents disrupted the 300-plus medal competitions across dozens of sporting events held in Paris, authorities in France reported more than 140 cyberattacks occurred during this year’s summer games. From late July through the closing ceremonies on August 11, France’s national cybersecurity agency ANSSI recorded 119 reports of “low-impact security events” and 22 additional incidents in which malicious actors successfully targeted information systems. According to ANSSI, the attacks focused mostly on government agencies as well as sports, transportation, and telecoms infrastructure.

From the Olympics to financial institutions to all sectors of most industries, organizations need their workforces to possess the best cybersecurity skills possible. A recent survey of IT professionals conducted by Pluralsight revealed that the top two skills needed to dismantle the most dangerous emerging security threats are threat intelligence and reverse engineering.

Organizations that arm themselves with a workforce that brings this one-two punch to cybersecurity are better equipped to defend themselves from malicious actors. When threat analysis, reporting, and response (threat intelligence) is combined with uncovering how malicious software works and identifying vulnerabilities (reverse engineering), the results play a significant role to help future-proof a business’s defense systems.

Taking Action Against Innovative, Novel Cyber Threats

Using threat intelligence and reverse engineering in tandem can optimize cyber risk mitigation programs and fortify cybersecurity defenses. Professionals trained in threat intelligence and reverse engineering are more likely than those lacking these skills to develop updates and implement patches to avert risk quickly and effectively.

Threat intelligence helps drive early detection and improved response to threats by analyzing patterns and indicators of compromise as well as giving security teams more effective incident response plans to quickly mitigate threats. Reverse engineering drives better understanding of malware by analyzing its structure and methods of operation as well as developing mechanisms for detecting its characteristics. Even when faced with innovative, novel cyber threats, teams who possess these skills will be ready to take immediate action.

Incidents such as the BlackCat ransomware attack, the Poly Network hack, and several high-profile breaches in the healthcare sector reflect ongoing trends in cyber threats and the importance of instituting robust cybersecurity measures across all industries.

Companies that fall behind in their efforts to upskill and train their IT teams against cyber threats will become increasingly more susceptible to opportunistic attackers. In 2023, Pluralsight found that surveyed IT professionals know they’ll need to learn AI skills to secure their careers as 96% say staying up to date with AI skills is the best way to ensure their job security.

As such, organizations need to reduce the cyber workforce skills gap by training their employees in the latest tech trends to give them the expertise they need to proactively guard against attacks. According to a report from the Sloan School of Managementat the Massachusetts Institute of Technology, cloud misconfigurations, increasingly sophisticated ransomware, and vendor exploitation hacks are contributing to rising cyberattacks.

The Threat Landscape Continues to Grow

As organizations seek to fill traditional positions or create new cybersecurity roles to defend themselves, the threat landscape continues to grow. According to the Biden administration’s director of National Intelligence, the number of ransomware attacks worldwide grew by as much as 74% in 2023. In testimony to Congress earlier this year, Avril Haines said U.S. entities were the most heavily targeted last year with attacks in sectors like healthcare doubling between 2022 and 2023.

The current and future cybersecurity landscape will be characterized by a range of threats and factors that include the role of skills development in protecting against cyberattacks, from day-to-day business operations to high profile events like the Olympics, large-scale public gatherings, and political elections.

In the United States, cybersecurity issues related to the 2024 presidential election have already come into focus after a trove of confidential information was hacked from Donald Trump’s campaign operations. Although the handful of news outlets that received the information from an anonymous source chose not to publish any of it, the damage had already been done, orchestrated by a hacker who identified themselves only as “Robert.”

To stay ahead of opportunistic bad actors, it’s more important now than ever before for organizations to build out a workforce that possesses the most sought-out cybersecurity skills like threat intelligence and reverse engineering. In today’s competitive labor market, this entails not only recruiting and hiring the best talent available but also fostering a culture of continuous learning across the business to ensure that skills gaps are identified and workforces remain as equipped as possible on thwarting cyberattacks.

This includes proficiency in knowing how GenAI can be properly leveraged for threat detection and as a response tool against emerging attacks. Amidst the evolving AI landscape, its adoption by malicious actors, and ongoing cybersecurity skills gaps in the technology workforce, Pluralsight has found that over 80% of surveyed IT professionals are concerned about AI-powered threats.

By mounting a cyber defense using AI tools, organizations can bolster their strengths in threat detection and prevention, incident response, vulnerability management, user authentication, fraud detection, and threat forecasting. As such, AI can enhance cybersecurity by delivering advanced tools for detecting and responding to threats, automating routine tasks, and improving the overall efficiency of security operations.

According to a report from IBM, in 2023 the average cost savings for organizations that used security AI and automation extensively for cybersecurity and breach prevention was $2.22 million compared to companies that did not do so. The report also found that the average cost of a data breach globally is $4.8 million, which represents a 10% increase over the prior year and is, to date, the highest total per breach cost ever. The findings also revealed that one out of every three breaches involved shadow data, showing that the proliferation of data is making it harder to secure it all.

Defending Digital Assets and Ensuring the Safety and Reliability of Systems

By upskilling the workforce and implementing the right technologies and practices, organizations can safeguard their digital assets and ensure the confidentiality and integrity of their data and networks. The multi-faceted discipline of cybersecurity is critical to ensure the safe and reliable operation of technology systems. When armed with the right skills and consistently practicing how to react to simulated cyberattacks, businesses can create the best defense possible against an increasingly active threat landscape.

[weirdlizard26]

NIGHTMARE IN SILVER WAS REALLY NICE. THEY MANAGED TO MAKE ME LIKE A CYBERMEN EPISODE???? IMPOSSIBLE

[petnews2day]

There is diversification to be found within cyber cat bonds and ILS: CyberCube

New Post has been published on https://petn.ws/zbze1

There is diversification to be found within cyber cat bonds and ILS: CyberCube

CyberCube, a specialist modelling firm for cyber risks and exposures, has analysed the four 144A cyber catastrophe bonds that have been issued to date and found that there is diversification between them, which it says means these first deals provide a solid base for future innovation.Some $415 million in 144A cyber catastrophe bonds were issued […]

See full article at https://petn.ws/zbze1 #CatsNews #CatBond, #CatastropheBond, #CyberCatastropheBond, #CyberILSCyberInsuranceLinkedSecurities, #CyberInsurance, #CyberInsuranceLinkedSecurities, #CyberReinsurance, #CyberRisk, #InsuranceLinkedSecurities, #Reinsurance

[automationqa]

Digital transformation has brought many benefits, but it also comes with cybersecurity risks.

Learn about the essential cybersecurity elements that can help you navigate digital transformation safely and protect your business from cyber threats.

Check out our latest article now!

[onlineviolence]

So does Pyrite like the feel of combat? I remember how she fought everything on sight once but not anymore.

it does! a lot of experience and also later help from v2 allowed pyre to get A lot better at it

pyres just wise enough not to pick fights with everything that moves anymore