The rapid convergence of operational technology (OT) and information technology (IT) has revolutionized industrial processes, fostering innovation and efficiency. However, this evolution also exposes industries to unprecedented cybersecurity risks. From ransomware attacks to threats targeting critical infrastructure, industrial sectors embracing Read More …
Tag: Cyber risk management
Securing the Future: Industrial Cyber Risk Management in the Age of IT-OT Convergence
Incorporating AI and automation into Cyber Risk Management
In a digital era where everything is interconnected, organisations across industries face a spectrum of multi-dimensional, high-velocity, high-impact, and interlinked risks, contributing to the increased complexity of cyber risk management. In 2023, India witnessed a substantial increase in cyber attacks, Read More …
Advancing The Security Operations Center (SOC): New Technologies and Processes Can Help Mitigate Cyber Threats
We are in a state of cyber-flux with new and many asymmetrical challenges to cybersecurity. As cybersecurity gaps abound, a new urgency in both industry and government has arisen on how to better protect the cyber landscape. The Evolving Cyber-Threat Read More …
Three Effective Ways For Boards To Prepare For Imminent SEC Cyber Rules
The flurry of damaging hacks has prompted several regulators to tighten their requirements. Of particular note are the imminent new SEC Rules, which are expected to go into effect in April 2023. Among other requirements, the new SEC rules will require increased public Read More …
Cyber and Business Interruption Top 2023 Threats: Allianz Risk Barometer
Cyber incidents and business interruption rank as the biggest company concerns for the second year in a row. That’s according to Allianz’s Risk Barometer 2023, which found that at the same time macroeconomic developments such as inflation, financial market volatility Read More …
Managing Cybersecurity as a Business Decision
With the risk landscape getting more complex, Boards have realized that cyber risk can pose a significant operational threat to business. A Gartner survey of the Board of Directors in 2022 found that 88% of the respondents considered cybersecurity risk Read More …
Managing M&A Risk: How Endpoint Visibility Could Deliver Critical Advantage
Merger and acquisition (M&A) activity hit a record high in 2021 of more than $5 trillion in global volume. While the market has certainly slowed this year, it remains on par with pre-pandemic levels — quite a feat at a time of business uncertainty Read More …
How Risk-Based Patch Management Can Help Overcome The Overwhelming Wave Of Cyber Threats
If you haven’t heard of risk-based patch management (RBPM), it is emerging as an approachable, logical and effective strategy in today’s volatile cybersecurity environment. And “volatile” might not even be a strong enough word. How did we get here? Digital Read More …
How to align cyber risk management with business needs
Living in an advanced digital society means that organizations need to have an in-depth understanding of cybersecurity in order to take effective action. The dynamic nature of cyber risk means that boards of directors must take a multi-dimensional approach in Read More …
Biggest target of cyber threats is Indian education sector, says report
According to a report titled ‘Cyber Threats Targeting the Global Education Sector’, India is the biggest target of cyber threats to educational institutions and online platforms followed by the USA, the UK, Indonesia and Brazil. The key triggers that enlarged the attack Read More …