Remove 2002 Remove Cyber Attacks Remove Cyber Risk
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Cyber Insurance: The Good, the Bad, and the Ugly

IT Security Guru

Recent research from Hiscox even found that a fifth of businesses across the US and Europe faced insolvency as a direct result of a cyber attack. Unfortunately, transferring traditional insurance models to the cyber-sphere isn’t an easy task. Astoundingly, the cyber insurance market shrank relative to the Internet economy.

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As market for cyber insurance booms, watchdog calls for better data

SC Magazine

Overall, insurance companies seem to be responding to increased demand from clients for cyber-specific insurance, and one survey found that the two things most likely to spur a purchase of cyber insurance are when a business experiences a cyber attack and when they hear about other companies being hit by a cyber attack.

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Spotlight Podcast: At 15 Cybersecurity Awareness Month Grows with Cyber Risk

The Security Ledger

“In 2002 I had a phone, but I had a separate piece of plastic and metal that was a camera and another piece of plastic and metal that had my music on it.” “People weren’t aware of the threat,” nor were the threats as closely interwoven with individuals lives as they are today, he said. .”

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Two Strategies You Can Use To Reimagine Cybersecurity Without Looking Like An Amateur

Jane Frankland

According to research from CESG (the UK Government National Technical Authority for Information Assurance) 80% of cybersecurity attacks originate from poor cyber habits, so getting the basics – the fundamentals – right would dramatically reduce an organisation’s cyber risk exposure. He wasn’t deterred, though.

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Top VC Firms in Cybersecurity of 2022

eSecurity Planet

AllegisCyber Capital was founded in 1996 to serve the growing cyber business ecosystem. Named after the infamous string of nation-state cyber attacks during the late 2000s, NightDragon was established in 2016 by former McAfee CEO Dave DeWalt. AllegisCyber Capital. AllegisCyber Investments. Andreessen Horowitz (a16z).

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A Cyber Insurance Backstop

Schneier on Security

A cyber insurance backstop would provide a means for insurers to receive financial support from the federal government in the event that there was a catastrophic cyberattack that caused so much financial damage that the insurers could not afford to cover all of it. 11, 2001, terrorist attacks.