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CrowdStrike: Lessons on the Importance of Contracts, Insurance and Business Continuity

IT Governance BC

According to Parametrix , an insurance company specialising in Cloud outages, cyber insurance policies likely cover up to 10–20% of losses only. Aviation, banking, healthcare, etc.] Then there’s insurance. In just a few days, between 18 and 22 July, CrowdStrike ($CRWD) lost 23.1% of its share price.

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Cyberrisk Management Tips for Businesses Amid the Russia-Ukraine War

Risk Management Monitor

Attacks attributed to Russia have been launched against a range of targets in Ukraine, including new destructive malware campaigns , targeted information-gathering against a range of civilian and government targets, and attacks on critical infrastructure. Evaluate and if possible, test your business continuity plans.

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The hidden costs of shadow IT: How unsanctioned tech impacts your budget

Online Computers

This can result in malware intrusions and data breaches, which can translate to expensive restoration and recovery costs, downtime, compliance-related fines, legal damages, and reputational damage. Our IT experts will customize a plan unique to your needs, and help you manage your business technology without breaking the bank.

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45 World Backup Day Quotes from 32 Experts for 2023

Solutions Review

Rob Price, Director, Field Security Office at Snow Software “Banking collapse, volatile economies, pandemics and cybercrime don’t change the fundamentals – data is the lifeblood of every organization and needs to be protected as such. Companies need to adhere to the law, govern data accordingly and have a recovery plan in place.

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The State of Security in 2024: The Bad Guys Love AI Too

Pure Storage

Novice attackers even use ChatGPT to write malware. The “Citrix Bleed” vulnerability, related to Citrix’s remote access technology, hurt companies ranging from Boeing, Toyota Financial Services, and ICBC, China’s massive state-owned bank, as Forbes reported. Cyber insurance could get shaky.

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DORA Is Live. Are Financial Services Companies Ready to Prove Their Resilience?

Pure Storage

Many sectors of the financial services industry beyond traditional banks and credit institutions now fall under DORA regulations, including payment providers, investment firms, trading venues, insurance providers, and third-party information and communication technology (ICT) service providers.

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Data Privacy Week 2024: The Definitive Roundup of Expert Quotes

Solutions Review

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. And when a phishing attack succeeds, the cybercriminals capture private data, personal information, company data, or they may even install malware directly onto the device to facilitate ongoing attacks.