Global Scans · Cybersecurity · Weekly Summary

• There will be an increased focus on enhanced cybersecurity measures in 2024 as businesses recognize the increasing sophistication of cyber threats. TechBullion
• Organizations can detect and respond to threats using a single unified platform, leveraging the technology they need from Sophos or connecting their existing cybersecurity technologies. Sophos News
• Less widely recognized but noted by some U.S. admirals, the presence of Chinese SOEs as port or terminal operators creates a cybersecurity threat to U.S. naval vessels, making most off-limits. The Diplomat
• Greater transparency about cyber incidents, as required in the SEC's rule, will incentivize corporate executives to invest in cybersecurity and cyber risk management. The Register
• IBM, a legacy behemoth in the tech sector, boasts a robust enterprise-level cybersecurity business with a suite of advanced solutions powered by artificial intelligence, including threat intelligence and cloud security. Yahoo Finance
• Security is a top priority for many businesses, but the speed at which the cybersecurity landscape is evolving and the increasing sophistication of cyberattacks means a detailed understanding of where some of the biggest risks are coming from is limited among many CISOs and IT managers. Print in the Channel
• The average cost of a data breach for organizations with private clouds is now US$ 4.2 million, reflecting the growing complexity of cybersecurity and the risks of corporate attacks. Intelligent CIO LATAM
• Cybersecurity Advancements: As cyber threats grow more sophisticated, 2024 should bring about advanced cybersecurity mechanisms - think AI-driven security protocols and quantum encryption - making systems more resilient against attacks. The Tech Edvocate
• As Australia and the wider Asia Pacific region continues to embrace digital transformation and the ongoing cyber threat, organizations and individuals must prioritise robust cybersecurity strategies and maintain resilience. iTWire
• Cybersecurity - and ensuring that appropriate and technical and organisational measures are in place to protect data will remain a high priority for organizations in 2024. Lexology
• Mining companies have experienced a surge in cyberattacks in recent years, placing cybersecurity firmly in the top five risks. Mining Weekly
• Cybersecurity Ventures expects ransomware damage costs to exceed $265 billion USD annually by 2031, with an attack on governments, businesses, consumers, and devices anticipated to take place every two seconds by 2031. Cybercrime Magazine
• Accenture and SandboxAQ are partnering to deliver artificial intelligence and quantum computing solutions to help organizations identify and remediate cybersecurity vulnerabilities. MarketScreener
• Cybersecurity, corruption, and policy shifts have been cited among the top issues that Kenyan businesses will have to confront in 2024. The Exchange Africa
• As predictions for 2024 point to the continued expansion of cyber threats, cybersecurity experts are calling for a renewed commitment to cyber resilience. it World Canada
• AI compliance accelerates: In 2024, the landscape of cybersecurity compliance will evolve significantly, driven by emerging technologies, evolving threat landscapes and changing regulatory frameworks. iTWire
• Medical device cybersecurity continues to create buzz, as the FBI issues a Private Industry Notification to health care providers outlining cybersecurity risks for medical devices. JD Supra
• Budget 2024 Expectations LIVE: AI sector anticipates budget focus on data protection, cybersecurity, and digital infrastructure, expecting a significant share in upcoming announcements. Moneycontrol
• In an era marked by increased cybersecurity threats and growing concerns about data privacy, security remains a top priority in digital banking customer experience trends for 2024. EPAM Anywhere
• Singapore is becoming concerned about cybersecurity risks with the increasing integration of medical devices in its health system. Healthcare IT News
• A Post-Trust Software Supply Chain The shifting terrain of software supply chain risk that characterized 2023 will continue to alter the cybersecurity landscape in 2024. GlobeNewswire
• As threats in cybersecurity continue to increase, ACRS will empower customers to detect risks at an early stage and provide them with the tools needed to respond swiftly and decisively. Insurance Business
• A proactive approach to cybersecurity will remain a critical factor to mitigating risks, safeguarding digital assets, and maintaining trust in 2024. InCyber

Last updated: 11 February 2024