Research by AKJ Associates has found that a worryingly small percentage of information security experts believe CISOs’ knowledge of operational risk is fully appreciated by the board.
The information security world isn’t known for its optimism – so when Airbus UK Chief Ian Goslin spoke last month about embracing collaboration in the interest of the greater cybersecurity good, it raised mixed reactions.
Cybersecurity ratings firm BitSight has raised $60 million in a Series D funding round led by Warburg Pincus.
According to an IMF modelling exercise, losses to financial institutions from cyberattacks could reach hundreds of billions of dollars per year.
Britain’s financial system is “under almost constant cyber attack” according to a top Bank of England official, with the regulator planning to introduce new standards for financial firms’ computer security.
Lloyds Bank cyber event finds that only a third of businesses have a financial plan in place in the event of a cyber attack.