Cybersecurity Spending Slows & Security Teams Shrink
Security budgets are lowest in healthcare, professional and business services, retail, and hospitality, but budget growth remained above 5% in financial services, insurance, and tech.
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Security budgets are lowest in healthcare, professional and business services, retail, and hospitality, but budget growth remained above 5% in financial services, insurance, and tech.
Identity verification, insurance claims, and financial services are all seeing surges in AI-enabled fraud, but organizations are taking advantage of AI systems to fight fire with fire.
The dangerous ransomware group is targeting financial and insurance sectors using smishing and vishing against IT service desk administrators, cybersecurity teams, and other employees with top-level privileges.
Scattered Spider is as active as ever, despite authorities claiming that they're close to nailing its members.
Cyber risk quantification brings together the CISO's technical expertise and the CFO's focus on financial impact to develop a stronger and better understanding of cyber risk.