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The cyber threat landscape is evolving faster than ever. Ransomware attacks are skyrocketing, data breaches are commonplace, and businesses of all sizes are scrambling to shore up their defenses. In this climate, cyber-insurance has become essential, but rising premiums can eat into your budget.Roman Itskovich, chief risk officer and co-founder of AT-Bay a cyber-insurance, states that cyber-insurance costs will rise for the next 12 to...

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In the fast-evolving landscape of generative AI (GenAI), CEOs are sounding the alarm as cybersecurity emerges as a top concern. A recent survey by PwC sheds light on the deep-seated worries of chief executives, with 64% ranking cybersecurity as their foremost GenAI-related fear. The implications are profound, considering the rising tide of cyberattacks that continue to wreak havoc globally.             ...

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IntroductionIn today's digital age, the threat landscape is ever-evolving, with cybercriminals employing sophisticated techniques to exploit unsuspecting individuals and organizations. Proofpoint's "State of the Phish" report sheds light on the alarming statistics surrounding phishing attacks, providing valuable insights into the current cybersecurity landscape. 1. 1/3 of People took a Risky Action when Faced with Phishing AttacksThe report reveals a startling fact - one-third of individuals surveyed...

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The world of cybersecurity can be a daunting one, especially for those who are not familiar with the technical jargon. Terms like "phishing," "malware," and "zero-day vulnerability" can sound like something out of a science fiction movie, leaving many people wondering what they mean and how they can protect themselves.This blog post is your one-stop shop for demystifying the most common cybersecurity terms. We'll break...

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IBM's latest Cost of a Data Breach Report 2023 paints a grim picture, with the global average cost of a data breach reaching a staggering $4.45 million. That's a 2.3% increase from 2022 and a concerning 15.3% hike since 2020. This trend should send shivers down the spines of businesses everywhere, underlining the urgency of robust cybersecurity measures.Figure 1. Provided by IBM But numbers alone don't...

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The digital landscape is full of opportunity and danger. As technology evolves, so do the bad actors lurking in the shadows. The world of cybersecurity has its dedicated defenders like PivIT Strategy, anticipating and preparing for the threats that lie ahead. In this blog we dive into the top cybersecurity trends you need to watch out for in 2024. 1. AI Takes the Helm (on Both...

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In the Netflix thriller "Leave The World Behind," starring Julia Roberts and Ethan Hawke, hackers plunge the United States into chaos, setting the stage for an apocalyptic scenario. Produced by Barack and Michelle Obama and based on a 2020 novel, the film's release coincided with real-world cyber threats and warnings. However, as we delve into the events portrayed in the movie, experts in the cybersecurity...

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The holidays are typically a time for joy, family, and festive cheer. But for businesses, they can also bring a hidden Grinch in the form of a surge in cyberattacks. While sales often blossom during this period, so do the nefarious efforts of cybercriminals looking to cash in on the holiday frenzy. Why the Spike? A Perfect Storm of Vulnerability: Increased online shopping: With holiday cheer comes...

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In the landscape of cybersecurity, the world is faced with a critical challenge – a severe shortage of cybersecurity professionals. The consequences of this workforce gap are profound, leaving organizations vulnerable to sophisticated cyber threats. According to the (ISC) Cybersecurity Workforce Study in 2023, the global cybersecurity workforce gap reached an alarming 4 million unfilled positions, marking a 12.6% year-over-year increase. This growing gap shows...

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