Threat Intelligence Blog

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Black Arrow Cyber Threat Briefing 24 May 2024

Black Arrow Cyber Threat Intelligence Briefing 24 May 2024:

-Human Error and AI Tops Cyber Threats as 70% of CISOs Worry About Risk

-Threat Research Highlights Growing Mobile Security Risks

-The State of Cyber Security: AI and Geopolitics Mean a Bigger Threat Than Ever

-Family Offices Become Prime Targets for Cyber Hacks and Ransomware

-Ransomware Fallout - 94% Experience Downtime, 40% Face Work Stoppage

-Employee Discontent - Insider Threat No. 1

-Report Reveals 341% Rise in Advanced Phishing Attacks

-Ransomware and GenAI Raise Security Challenges, Driving Cyber Investment

-New Rules Prompt 93% of Organisations to Rethink Cyber Security Plans

-HR and IT Related Phishing Scams Still Most Popular According to KnowBe4’s Latest Phishing Report

-80% of Exposures from Misconfigurations, as 15 Vendors Account for 62% of Global Attack Surface

-UK to Propose Mandatory Reporting for Ransomware Attacks and Licensing Regime for all Payments

-UK’s Legal Sector Needs to Improve its Cyber Security, Says Experts

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Cyber Security Must be Owned by the Board - ICAS Magazine February 2023

Often a Finance Director or Chief Financial Officer has responsibility for the biggest risk to the organisation’s survival, when cyber security is nestled within IT in their reporting structure. The risks are high when the FD/CFO does not have the specialist guidance and knowledge in cyber security to lead the Board in exercising strong governance. Our co-founder Bruce McDougall CA and experienced cyber security specialist talks with the editor of CA Magazine from ICAS - The Professional Body of CAs about how fellow finance leaders can help avoid the catastrophic effects of a cyber security incident.

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