Predictions on whether or when the global economy will fall into a recession continue to swirl. Even if one doesn’t hit anytime soon, economic volatility, more cautious corporate spending plans, and employee layoffs are already in play. For security chiefs, such news portends a tougher road ahead.
CISOs have never had an easy time — they’ve certainly faced inordinate challenges in recent years working to secure an ever-expanding and more distributed technology and data landscape. At the same time, they’ve had to contend with bad actors who have become more organized, better resourced, and increasingly sophisticated. Yet history has shown that a poor economy can bring on additional challenges and risks, making an already uphill battle even more difficult and security leaders should be bracing for that scenario ahead.
More Stories
Friday Squid Blogging: Squid Sticker
A sticker for your water bottle. Blog moderation policy. Read More
Italy’s Data Protection Watchdog Issues €15m Fine to OpenAI Over ChatGPT Probe
OpenAI must also initiate a six-month public awareness campaign across Italian media, explaining how it processes personal data for AI...
Ukraine’s Security Service Probes GRU-Linked Cyber-Attack on State Registers
The Security Service of Ukraine has accused Russian-linked actors of perpetrating a cyber-attack against the state registers of Ukraine Read...
LockBit Admins Tease a New Ransomware Version
The LockBitSupp persona said LockBit 4.0 will be launched in February 2025 Read More
Webcams and DVRs Vulnerable to HiatusRAT, FBI Warns
The FBI has issued a warning about the Hiatus RAT malware targeting Xiongmai and Hikvision web cameras and DVRs, urging...
CISA Urges Encrypted Messaging After Salt Typhoon Hack
The US Cybersecurity and Infrastructure Security Agency recommended users turn on phishing-resistant MFA and switch to Signal-like apps for messaging...