70% of CISOs worry their org is at risk of a material cyber attack

May 23, 2024 at 09:37AM A survey of 1,600 CISOs reveals heightened concern over cyber attacks, with 70% fearing a material attack in the next 12 months. The annual report by Proofpoint also notes an increase in worries about ransomware, malware, and email fraud. Additionally, unrealistic expectations and burnout are causing stress among CISOs, despite … Read more

Cyber Insights 2024: A Dire Year for CISOs?

March 7, 2024 at 07:51AM SecurityWeek’s Cyber Insights 2024 addresses cybersecurity issues impacting CISOs, anticipating a rise in criminal liability. Growing threats and stress exacerbate burnout risks. SEC’s stringent rules and potential liability curveball will test CISO roles, leading to potential exodus. Challenges lie in defining ‘material’ cybersecurity incidents, personal liability, and CISO’s combined roles. … Read more

Privacy Beats Ransomware as Top Insurance Concern

February 23, 2024 at 12:29PM Corporate directors and security teams are under pressure to comply with the SEC’s new cybersecurity regulations. Woodruff Sawyer’s David Anderson warns that mishandling PII could lead to costly claims, potentially rivaling ransomware attacks. Privacy issues, including pixel-tracking claims and GDPR violations, are becoming a top concern for cyber insurance underwriters. … Read more