The Hidden Costs of Ignoring Cybersecurity: How SMEs Can Thrive by Being Cyber-Resilient in 2024 Imagine this: a small manufacturing company, running smoothly for over 20 years, suddenly falls victim to a ransomware attack. Their operations grind to a halt, orders go unfulfilled, and within days, the cost of recovery exceeds their entire year’s profit … Read more
The global digital payments landscape, projected to hit $16.6 trillion by 2028, is grappling with a surge in security breaches and scams, with U.S. consumers reporting losses of $1.8 billion due to bank transfer and payment scams in 2023 alone, according to a new report from Chubb. Despite widespread adoption, only one in three users … Read more
Protect Your Farm from Evolving Cyber Threats: Introducing Our New White Paper on Cybersecurity in UK Agriculture UK farmers are embracing technology like never before. From GPS-guided tractors to smart irrigation systems and cloud-based management software, the tools of modern agriculture are revolutionising the industry. But with this innovation comes a new and growing threat—cyberattacks. … Read more
The Institute for Critical Infrastructure Technology (ICIT), a nonprofit, nonpartisan, think tank tasked with modernizing, securing, and making resilient critical infrastructure that provides for people’s foundational needs, has formed a new Task Force to mitigate the growing risks associated with IT and cybersecurity consolidation. This eight-member team, composed of industry and security experts, includes leaders … Read more
Industrial operations are increasingly under threat as the industrial world embraces waves of digitisation and smart manufacturing trends. Operational Technology (OT) attacks are common, widespread, and extremely frequent. ABI Research forecasts that the OT cybersecurity market will grow from US$12.75 billion in 2023 to around US$21.6 billion by 2028, with an approximate Compound Annual Growth … Read more