Breaches Impact 60% of Mexican Firms: Cybersecurity Week

In Mexico, over 60% of companies reported an increase in cybersecurity breaches in 2023. Despite this, 84% of firms trust AI for cybersecurity tasks, and 65% have successfully claimed cybersecurity insurance. Additionally, BUAP has formed an alliance to enhance cybersecurity and data science training.

Internationally, cybersecurity has gained prominence in the mining sector, driven by digitalization and geopolitical tensions. Meanwhile, CHROs are playing a more pivotal role in managing cybersecurity, from anti-phishing training to incident response. Finally, a global Thales survey reveals that 93% of companies are facing rising cyber threats, including malware and phishing.

Ready? This is your Cybersecurity Weekly Roundup!

Mexico

More than 60% of Mexican companies claim to have been breached in 2023

Over 60% of Mexican companies reported an increase in cybersecurity breaches in 2023, according to a ManageEngine study. Despite this rise, significant financial losses from attacks were relatively low, and 84% of respondents trust AI to handle cybersecurity tasks. Additionally, 65% of organizations have successfully filed cybersecurity insurance claims, with high compliance rates for data protection laws.

T-Systems and BUAP AnnounceAlliance to Train Experts in Cybersecurity and Data Science.

T-Systems has partnered with Benemérita Universidad Autónoma de Puebla (BUAP) to address the growing need for skilled professionals in cybersecurity and data science. This collaboration aims to bridge the gap between academic education and market needs by providing students with both theoretical and practical experience. The program will include real-world work opportunities and continuous updates for faculty, enhancing the overall talent pool and supporting local businesses in staying competitive in the global market.

International

Safeguarding Operations Amid Digital Threats

The year 2024 marked a pivotal shift in the mining sector's approach to cybersecurity, with the issue reemerging as a major concern in EY’s Risks and Opportunities Survey 2024, where it secured the eighth position. This renewed focus on cybersecurity is largely driven by the sector's increased digitization, the widespread adoption of remote work, and escalating geopolitical tensions. 

CHROs’ Expanding Role in Cybersecurity

With data breaches at record highs, Chief Human Resource Officers (CHROs) are crucial in cybersecurity efforts. They must lead anti-phishing training and respond swiftly to incidents. Effective CHRO involvement helps prevent breaches and ensures a rapid response, safeguarding sensitive data and reinforcing company security, agree experts.

93% of Companies Report Rising Cyber Threats and Cloud Complexity

A global survey by Thales found that 93% of companies have seen an increase in cybersecurity threats, with malware, phishing, and ransomware being the most common. The complexity of cloud resources is rising, with 40% of companies using 50 or more SaaS applications. Challenges include managing cloud security, addressing human errors, and integrating new technologies like AI. Despite increasing security investments, many firms still struggle with data classification and compliance issues.