05 Mar The Human Firewall: Employees Fight Against Cybercrime
This week in cybersecurity from the editors at Cybercrime Magazine
– Read the Full Story in Risk & Insurance
Sausalito, Calif. – Mar. 5, 2024
Risk & Insurance reports that the surge in cybercrime carries an astronomical price tag: Cybersecurity Ventures predicts that it will cost the world $9.5 trillion in 2024.
Patrick Thielen, global head of cyber for Liberty Mutual, noted that cybercriminals are simply waiting for an opportunity to strike. “Opportunistic attacks apply to everyone, from individuals and families, small- and micro-sized businesses to large businesses, in every industry and geography.”
Thielen believes that fostering a healthy culture of cybersecurity is imperative to ensure best practices are being prioritized from top to bottom. “It starts with the board, asking ‘What kind of culture do we want our organization to have’ from a cybersecurity perspective?’” he said.
“Start there and make it everybody’s job to be accountable and engaged in security … You can invest billions of dollars in security, and you’re still not 100 percent secure, because people aren’t perfect and can be tricked or coerced into doing things” Thielen added. This makes education an even more crucial component to top-notch security.
Cybersecurity Ventures recently published its ‘10 Hot Security Awareness Training Companies To Watch In 2024‘ in Cybercrime Magazine. These providers help insurance companies and businesses in all verticals to train their employees in cyber defense.
Cybercrime Magazine is Page ONE for Cybersecurity. Go to any of our sections to read the latest:
- SCAM. The latest schemes, frauds, and social engineering attacks being launched on consumers globally.
- NEWS. Breaking coverage on cyberattacks and data breaches, and the most recent privacy and security stories.
- HACK. Another organization gets hacked every day. We tell you who, what, where, when, and why.
- VC. Cybersecurity venture capital deal flow with the latest investment activity from various sources around the world.
- M&A. Cybersecurity mergers and acquisitions including big tech, pure cyber, product vendors and professional services.
- BLOG. What’s happening at Cybercrime Magazine. Plus the stories that don’t make headlines (but maybe they should).
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