Cyber Risk news and trends

Fed Governor Lisa Cook Highlights Private Credit as Emerging Issue
Banking // May 08, 2024

Federal Reserve Governor Lisa Cook highlighted commercial real estate, private credit and cyber risks as potential issues. Speaking Wednesday (May 8) at the Brookings Institution in Washington, D.C., Cook provided a current assessment of financial stability and highlighted these issues as potential vulnerabilities. The commercial real estate (CRE) sector continues...

Resilience Secures $100 Million to Expand Cyber-Risk Platform
Cybersecurity // August 07, 2023

Resilience has completed a $100 million Series D equity financing round to expand its enterprise-level cyber-risk platform. This latest fundraise will be used to help accelerate the adoption of the platform and further its global expansion, Resilience said in a Monday (Aug. 7) press release. “The...

What Iran Can – And Won’t – Do In A Cyberwar
Security & Fraud // January 07, 2020

A crippling cyberwar with Iran looms, but maybe not. In an interview with Karen Webster, Samuel S. Visner, director of the National Cybersecurity Federally Funded Research and Development Center (FFRDC), separates fact from fiction as to what Iran can — and won’t — do when...

The SMB C-Suite’s Data Security Problem
B2B Payments // May 23, 2019

In an environment of relentless cyber threats, small businesses (SMBs) still too often feel they are not targets for cyberattacks and data breaches. Less than two years ago, Manta researchers found that only 16 percent of small business owners believed they were at risk of...

Interviews & Exclusives
What Iran Can – And Won’t – Do In A Cyberwar

January 07, 2020
A crippling cyberwar with Iran looms, but maybe not. In an interview with Karen Webster, Samuel S. Visner, director of the National Cybersecurity Federally Funded Research and Development Center (FFRDC), separates fact from fiction as to what Iran can — and won’t — do when it comes to a tech-based response to the killing of a top general. Planes won’t fall out of the sky, and the lights won’t go dark.  However, one thing’s crystal clear: It’s time for U.S. firms to examine where they’re most likely to get hit.

Offloading Cyber Defense Amid Tech’s Great Unknowns

May 14, 2019
Cyber insurance firm Coalition just raised $40 million in funding to boost staff, and a data platform that analyzes and underwrites cyber risk. CEO Joshua Motta tells Karen Webster that...

On The Hill, Banking’s Biggest Get Grilled

April 11, 2019
The biggest names in banking came to the Hill, repping seven of the largest financial firms in the United States. Ten years after the financial crisis, the rebound has been palpable,...

Quick Reads
Fed Governor Lisa Cook Highlights Private Credit as Emerging Issue

May 08, 2024
Federal Reserve Governor Lisa Cook highlighted commercial real estate, private credit and cyber risks as potential issues. Speaking Wednesday (May 8) at the Brookings Institution in Washington, D.C., Cook provided a current assessment of financial stability and highlighted these issues as potential vulnerabilities. The commercial real estate (CRE) sector continues to feel the effects of the pandemic and changes in […]

Resilience Secures $100 Million to Expand Cyber-Risk Platform

August 07, 2023
Resilience has completed a $100 million Series D equity financing round to expand its enterprise-level cyber-risk platform. This latest fundraise will be used to help accelerate the adoption of the...

Software Co RiskLens Raises $20M To Mitigate Cyber Risk For Businesses

April 08, 2019
RiskLens, a cyber risk management software company, has raised $20.55 million in a series B funding round, according to reports.   The round was led by Paladin Capital, and MassMutual...

Third-Party Data Breaches Rise To 61 Pct In US

November 15, 2018
Opus, the provider of global compliance and risk management solutions, announced Thursday (Nov. 15) the results of the third annual Ponemon Institute’s “Data Risk in the Third-Party Ecosystem” study, which...