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U.S. Government Warning on Ransomware Payments: What Does It Mean?

SecureWorld News

The OFAC Advisory on these cybercrime payments specifically warns financial institutions, cyber insurance firms, and companies that facilitate payments on behalf of victims, that they may be violating OFAC regulations. Treasury: ransomware continues to increase. persons rely on to continue conducting business.

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Top VC Firms in Cybersecurity of 2022

eSecurity Planet

Company Sector Year Status Wiz Cloud security 2020 Private Evervault Developer encryption 2019 Private Verkada Security surveillance 2019 Private Armis IoT network security 2015 Private Sumo Logic Threat intelligence 2014 Nasdaq: SUMO Okta Identity management 2013 Nasdaq: OKTA Barracuda Enterprise security 2006 Private. Accel Investments.

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Top Cybersecurity Startups to Watch in 2022

eSecurity Planet

Cowbell Cyber. Cowbell Cyber is a dedicated cyber insurance company that relies on continuous risk assessment, AI data analytics, and real-time underwriting to give clients pre- and post-breach services. Series C Bitglass 2013 Campbell, CA 170 $150.1 Series F Darktrace 2013 Cambridge, UK 1,600 $230.5

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Acrisure Broadens Platform with Cyber Services Division

CyberSecurity Insiders

Prior, Bill founded two of the largest US based out-of-home advertising companies and from 2013 to 2020 served as Chief Executive Officer and Chairman of Access Sports Media (ASM) in partnership with Columbia Capital. He joins Acrisure from Private Equity fund Abry Partners, where he served as an Operating Partner.

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Security Compliance & Data Privacy Regulations

eSecurity Planet

A more high-tech (and notorious) example of IT compliance potentially hindering security occurred after New Zealand enacted the Telecommunications (Interception Capability and Security) Act of 2013 (TICSA). For actual legal advice, personally consult with an attorney licensed to practice in your jurisdiction.).

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Developing Your Business Email Compromise (BEC) Incident Response Plan

SecureWorld News

According to the Federal Bureau of Investigation (FBI), losses due to BEC scams since 2013 total around $28 billion dollars and it is the most profitable cybercrime there is. If you have cyber insurance, will it cover some or all BEC incidents? BEC-IRP Section 2: Identification.

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Great American Insurance Group Launches Innovative Cyber Risk Management Platform for Policyholders

CyberSecurity Insiders

Founded in 2013 by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh, SecurityScorecard’s patented rating technology is used by over 1,000 organizations for enterprise risk management, third-party risk management, board reporting, due diligence, and cyber insurance underwriting.