SecureWorld News

NOVEMBER 12, 2020

First, however, let's look at the top 15 cyber threats organizations face right now, according to the report: Malware. Data Breach. Cyber Espionage. So that is the top 15 list of cyber threats according to the European Union. Fileless malware attacks increased by 265% during the first half of 2019.

Cyber threats 134

Cyber threats Insurance Cyber Insurance Ransomware 134

Troy Hunt

MARCH 2, 2020

So that's the tl;dr, let me now share as much as I can about what's been happening since April 2019 and how the service will operate in the future. These were companies spanning all sorts of different industries; big tech, general infosec, antivirus, hosting, finance, e-commerce, cyber insurance - I could go on.

Data breaches 363

Data breaches Marketing Cyber Insurance InfoSec 363

Webroot

SEPTEMBER 7, 2023

billion to data breaches and cybercrime. This is all happening while companies are spending trillions digitizing their business operations and trying to obtain secure cyber insurance while keeping up with regulatory changes in GDPR, HIPAA, and Sarbanes-Oxley. And those attacks are costing companies a lot of money.

Encryption 125

Encryption Cyber Insurance Cybercrime Phishing 125

The Last Watchdog

APRIL 18, 2019

Imposing just the right touch of policies and procedures towards mitigating cyber risks is a core challenge facing any company caught up in digital transformation. Related: Data breaches fuel fledgling cyber insurance market. Enterprises, especially, tend to be methodical and plodding.

Digital transformation 113

Digital transformation Cyber Risk Risk Penetration Testing 113

BH Consulting

JUNE 22, 2021

Like all insurance, though, there is good and bad. You could argue cybersecurity insurance is useful because it makes people think of business risk, not just IT problems. Ultimate responsibility for data breaches rests with the board and the CEO. Yet these are two of the most common forms of security breach.

Insurance 83

Insurance Cybersecurity Cyber Insurance Cyber Risk 83

BH Consulting

JUNE 13, 2023

Target the human, swipe the cash: Verizon DBIR 2023 highlights crime trends Manage the human risk and mind your money: those are two key takeaways from Verizon’s 2023 Data Breach Investigations Report. The story also tracks a big increase in investment frauds, romance frauds and online auction scams since 2019.

Social Engineering 52

Social Engineering Data breaches Scams Ransomware 52

Cytelligence

FEBRUARY 4, 2020

The acquisition will help Aon expand its current coverages within the cyber market at a time when cyber claims are almost doubling year-over-year. Global cyber insurance premiums are expected to grow from $4 billion in 2018 to $20 billion by 2025. said J Hogg, CEO of Aon Cyber Solutions.

Penetration Testing 45

Penetration Testing Insurance Data preservation Risk 45

Spinone

OCTOBER 13, 2020

In 2019, Trend Micro found a 77% surge in ransomware attacks during the first half of 2019 from the previous year. In IBM’s Cost of a Data Breach Report 2019 cited the following: Lost business is the biggest contributor to data breach costs The average cost of lost business in 2019 was $1.42

Ransomware 52

Ransomware Backups Data breaches Encryption 52

IT Security Guru

FEBRUARY 28, 2023

Cyber insurers are losing money. Their loss ratios – total claims plus the insurer’s costs, divided by total premiums earned – are now consistently above 60%, which presents something of an existential threat to the insurance industry, making cyber risk a potentially uninsurable area due to falling profitability.

Cyber Insurance 131

Cyber Insurance Insurance Marketing Cyber Attacks 131

eSecurity Planet

JANUARY 11, 2022

Series B Apiiro Security 2019 Tel Aviv, Israel 65 $35.0 Series A BluBracket 2019 Palo Alto, CA 27 $18.5 Series A Cycode 2019 Tel Aviv, Israel 56 $81.0 Series B Open Raven 2019 Los Angeles, CA 45 $19.1 Startup Est Headquarters Staff Funding Funding Type Anvilogic 2019 Palo Alto, CA 34 $14.4 Series B SECURITI.ai

Cybersecurity 142

Cybersecurity Threat Detection Artificial Intelligence Risk 142

SC Magazine

MARCH 29, 2021

Bugcrowd, which offers a platform allowing companies to connect their applications to a community of thousands of security researchers who root out for bugs and vulnerabilities, reported a 50 percent increase in total bug bounty submissions in 2020 compared to 2019.

Software 120

Software Hacking Government Cyber Insurance 120

Adam Levin

MARCH 26, 2020

Cyber insurance is still evolving, and as such you can still get good deals even if your cybersecurity is not completely up to snuff. At some point that will be a question that cyber insurers will think about 24/7, solutions evolving alongside challenges and underwriting calculations following close behind.

Cyber Insurance 211

Cyber Insurance Insurance Hacking Passwords 211

Adam Levin

DECEMBER 27, 2019

2019 is virtually over and a new year beckons with all the solemnity of the grim reaper for those who don’t have their eyes wide open to the persistent threats we collectively face in the areas of privacy and cybersecurity. . You’re going to have personal cyber insurance. HR will save money by spending some.

Cybersecurity 100

Cybersecurity CISO IoT Insurance 100

Adam Levin

MARCH 2, 2020

Ransomware attacks on businesses skyrocketed 365 percent in 2019, and all signs point to more of the same in 2020. Get Covered: I’ve said it before and I’ll say it again: Cyberattacks and data breaches have become the third certainty in life after death and taxes. Don’t be the next Heritage Company.

Cyber threats 215

Cyber threats Ransomware Encryption Insurance 215