Ransomware Extortion Demands Soar to $5.2M per Attack

July 3, 2024 at 12:13PM In 2024, ransomware demands have soared, with an average extortion demand per attack surpassing $5.2 million in the first half of the year. The largest demand was $100 million following an attack on India’s RCC, followed by demands of $50 million and $25 million for other organizations. Despite a decrease … Read more

CISOs and Their Companies Struggle to Comply With SEC Disclosure Rules

May 17, 2024 at 10:03AM CISO Steve Cobb noticed public companies seeking more control over third-party incident response in light of the SEC’s cybersecurity risk management ruling, which affects how companies handle incidents. 68% of cybersecurity teams doubt their ability to comply with the SEC’s four-day disclosure rule. Larger public firms are better equipped than … Read more

Will you meet the directive?

October 16, 2023 at 11:11PM Upcoming changes to cyber security regulations in the US and Europe require organizations to focus on compliance. The SEC mandate in the US will enforce reporting of cyber incidents and the production of a Cyber Report by December 18. The DoD directive specifies that anyone working within the DoD must … Read more