Tag: cyber crime
Cyber criminals chase ransomware insurance money
Specialist ransomware criminals are investigating victims’ insurance capacity—sometimes by blatantly asking companies outright.
FRC Lab publishes report on digital security risk disclosures
Boards need to move beyond a ‘boilerplate and overly static’ approach to digital risk disclosures, advises the Financial Reporting Council.
Are cyber disclosure demands too high?
Organisations increasingly struggle with cybersecurity as they balance fear of reputational damage against cyber disclosure requirements.
Cyber security reporting falls short
UK companies are struggling to provide focused disclosures as cyber attacks continue to increase, says the FRC.
FBI warns ransomware gangs are targeting M&A transactions
US crime agency says the hard deadlines involved in M&A transactions pressures victims to pay up for fear of affecting stock values.
Identity crisis: the threat of malicious credential abuse
The security risks posed by malicious credential abuse is fast becoming every chief information security officer’s worst nightmare.
The new reality of ransomware attacks: better targeted, more damaging
Boards should be clear on how their organisation’s data and IT infrastructure is being protected against a ransomware attack.
Experts highlight cybersecurity risk amid the pandemic
World Economic Forum report says cybersecurity is “an economic and strategy issue crucial for boards to address given the current environment”.
Ransomware warning as cybercriminals target large companies
Experts highlight ransomware risk as cybercriminals attack listed forensics company Eurofins Scientific, with reports that a ransom was paid.
Boards face ‘industrialisation’ of cyber-threat
Executives could demand “unreasonable certainty” over cyber-security.