A review by Deloitte and the USC Marshall Arkley Institute for Risk Management found that many S&P 500 firms noted significant cybersecurity risks but had not suffered significant cybersecurity incidents. The increasing volume of remote work and geopolitical influences have accentuated these risks. The study pointed out that despite reporting an average of 32 risk factors, firms could improve the clarity and categorisation of these factors and make them more specific. Cyber insurance was found to be expensive and lacking in coverage, enhancing these risks.
Ascension’s Data Breach Affects Millions
Ascension, a healthcare services provider, disclosed that a ransomware attack affected 5,599,699 individuals’ data in May. The breach was triggered by a deceptive email from
