New regulations and AI hacks drive cyber security changes

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The cybersecurity landscape is due to change in 2025, as the growing use of tools powered by generative artificial intelligence, new regulations and enhanced cyber insurance all push companies to improve defenses against data breaches. 

But with organizations like Blue Yonder, Mr. Cooper and Landmark Admin among the growing cohort of victims, can companies implement stronger cybersecurity protocols faster than hackers can figure out how to break them?

Roughly 50% of risk managers say that information technology and cybersecurity vulnerabilities are their top concerns, according to Nationwide’s 2024 Cybersecurity Survey Report. Close behind were risks associated with compliance and regulations, as well as fraud and other forms of criminal activity, with 47% and 40% respectively in agreement.

When asked what types of threats were most concerning, 32% said data breaches were top of the list, while 21% said ransomware attacks and 13% said phishing attempts.

Andy Lunsford, founder of incident management software provider BreachRx, said the “perfect storm” of increasingly severe “class action lawsuits,…

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