May 20, 2024

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NetworkTigers News: Does your company prioritize cost and profit over cybersecurity?

In a keynote address at the CyberUK 2024 conference in Birmingham, National Cyber Security Centre (NCSC) CTO Ollie Whitehouse said that current market forces cause companies to prioritize cost and profit over building resilient cyber protections into their products.

Research indicates that chief information security officers are not taken seriously by business leaders, with around a third “routinely belittles and dismissed” by their board.

More on this and other news in this week’s news roundup

• Market forces do not incentivize cybersecurity
• Apple blocks $7 billion in fraudulent App Store purchases
• Malware delivered via Facebook Messenger
• FBI takes over BreachForums for the second time
• Microsoft fixes VPN failures resulting from recent update
• Botnet compromised 400,000 Linux servers
• CISOs are not taken seriously by business leaders
• Cacti flaws patched
• 49 million customer records stolen in Dell data breach
• Advisory issued about Black Basta ransomware
• Cybersecurity news roundup May 20, 2024

You may also be interested in:

• The future of cybersecurity insurance
• Think like a help desk support technician
• What is cyber resilience and how do you build it?

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