June 2024 saw a wave of sophisticated cyber attacks, from ransomware to data breaches. This highlights a stark reality for businesses: every organisation faces a massive cyber threat.

May 2024 saw a number of high-profile breaches and cyber incidents, most notably the Ticketmaster breach affecting 560 million users.

April 2024 saw 652 security incidents with 5,336,840,757 records known to be breached. There were less incidents but higher numbers of records breached in the attacks compared to March. (3,478 publicly disclosed security incidents with 299,368,075 records known to be breached). March saw fewer records breached but a huge increase (388% rise) in total incidents.

February 2024 had 712 cyber breaches accounting for more than 719 million records being compromised. This compares to a whopping 4,645 cyber incidents in January with more than 29 billion records breached.

Here’s the other top stories you need to read:

Updated guidance from the NCSC

The National Cyber Security Centre (NCSC) has recently released updated guidance on a number of cyber security topics to help keep you and your business safe and secure.

• View the resources designed to help board members govern cyber risk more effectively.
• See how to protect yourself from the impact of data breaches
• Phishing scams: how to recognise and report emails, texts, websites, adverts or phone calls that you think are trying to scam you.
Raising the cyber resilience of software ‘at scale’.

More than a third of CISOs ignore guidance from the NCSC

More than one-third of chief information security officers (CISOs) in the UK admit they ignore cybersecurity guidance from the National Cyber Security Centre (NCSC), a new report has found.

This is a major concern following the recent spate of data breaches.

Cyber insurance trends

Cyber insurance premiums are falling globally as businesses become more adept in curbing their losses, even as ransomware attacks are rising.

From AI to insurance claims, explore the UK cyber insurance data trends, tips, and strategies that will help you improve your resilience and navigate the digital risk landscape.

Why you should treat cyber criminals like your competition

Steve Knibbs, Head of Vodafone Business Security Enhanced at Vodafone UK, explains why you should treat cyber criminals as you would treat any business competitor in order to counter their threat.

Escalating cyber risks

At a recent United Nations Security Council meeting on cybersecurity, UK Permanent Representative to the UN, Ambassador Barbara Woodward, highlighted the escalating risks cyber threats pose to international peace and security.

She focused on 3 key areas of concern:

• Ransomware threats
• AI and cybersecurity
• Advanced cyber intrusion capabilities

2024 security trends

IT Governance have shared the security trends for 2024 and beyond that your organisation needs to know.