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Industry News: ESG5

    77% of CISOs Fear Next Big Breach Will Get Them Fired

    2024-10-28

    CSO Online: When security vendor Portnox reported in a survey that 77% of CISOs say they are either very or extremely worried about losing their job when the next big breach happens, it raised questions about how CISOs should perceive their value in the C-suite. 

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    CISOs Are Gaining Influence Among Corporate Leadership

    2024-10-21

    Cybersecurity Dive: As cybersecurity concerns grow around the globe, senior executives and board members are looking to the CISO to help shape how companies manage risk and think strategically about growing technology estates. 

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    Investments in Generative AI Startups Topped $3.9 Billion in Q3 2024

    2024-10-20

    TechCrunch: Not everyone is convinced of generative AI’s return on investment. But many investors are, judging by the latest figures from funding tracker PitchBook.

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    Cybersecurity Funding Plummets 51% In Q3

    2024-10-10

    Crunchbase: After a robust comeback in the second quarter of this year, funding to cybersecurity startups tumbled 51% in Q3 as investors pulled back.

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    Cybersecurity: A Strategic Imperative For Business Leaders

    2024-10-10

    Forbes: As the CEO of a cybersecurity firm, I've witnessed the evolution of cybersecurity from a niche concern to a cornerstone of strategic business planning. 

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    New Data Privacy Trends Help Drive Growth in Frequency and Severity of Large Cyber Claims: Allianz

    2024-10-09

    Business Wire: Cyber claims have continued their upwards trend over the past year, driven in large part by a rise in data and privacy breach incidents, Allianz Commercial warns in its annual cyber risk outlook. 

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    CISOs, C-Suite Remain At Odds Over Corporate Cyber Resilience

    2024-10-07

    Cybersecurity Dive: The research highlights a troubling gap between security executives and the C-suite at a time when the security industry has been pushing businesses to embrace cyber risk as a core business risk. 

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    Cyber Resilience Becoming Extremely Difficult Amid Gen AI Upgrades

    2024-09-30

    CSO Online: With rapid advancements in Artificial Intelligence (AI) pushing boundaries and the regulatory environment in constant flux, achieving cyber resilience is becoming more difficult for enterprises.

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    CrowdStrike Apologizes for Global IT Outage in Congressional Testimony

    2024-09-24

    The Guardian:CrowdStrike senior executive apologized for causing a global software outage that ground the operations of hospitals, airports, payment systems and personal computers around the world to a halt in July.

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    Cybersecurity Insurance Market Growing with Significant CAGR 16.4% Over the Forecast Period 2024-2032

    2024-09-24

    Yahoo Finance: One of the main drivers contributing to the growth of the cybersecurity insurance market is the increasing number of cyberattacks, which escalate in frequency and become more sophisticated.

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