Security Affairs

DECEMBER 28, 2022

With the increase in the number of cyber attacks, a growing number of organizations opted to transfer the cyber risk by underwriting cyber insurance. The increase in cyber losses in recent years pushed up prices, some insurance companies also changed their policies to limit their refunds in case of cyber incidents.

Cyber Attacks 98

Cyber Attacks Cyber Insurance Insurance Cyber Risk 98

Malwarebytes

JULY 5, 2021

Stay safe, everyone!

Cyber Insurance 107

Cyber Insurance Social Engineering Scams Insurance 107

CyberSecurity Insiders

JANUARY 26, 2022

The pharmaceutical company thought that its cyber insurance will cover the incurred losses and so tried its best to recover from the consequences by diverting its annual budgetary funds for the damaged IT infrastructure. billion insurance cover battle with ACE American under the rigorous rendition of Acts of War Clause.

Ransomware 112

Ransomware Insurance Cyber Insurance Hacking 112

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. Vulnerability management.

Digital transformation 113

Digital transformation Cyber Risk Risk Penetration Testing 113

CyberSecurity Insiders

APRIL 19, 2021

Researchers who conducted the survey concluded after gauging six key cyber security areas related to people, technology and processes. Firms that qualified for the Hiscox Cyber Readiness model admitted that they suffered fewer ransomware attacks in 2019 when compares to the previous year.

Cyber Attacks 69

Cyber Attacks Cyber Insurance Insurance Cyber threats 69

Webroot

SEPTEMBER 7, 2023

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. The best way to weather these challenges is to become a cyber resilient business.

Encryption 122

Encryption Cyber Insurance Cybercrime Phishing 122

SecureWorld News

OCTOBER 5, 2020

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. OFAC designated the Lazarus Group and two subgroups, Bluenoroff and Andariel, in September 2019.".

Government 82

Government Ransomware Cyber Insurance Cybercrime 82

eSecurity Planet

APRIL 26, 2022

Company Sector Year Status Vicarius Vulnerability management 2022 Private Dragos ICS and OT security 2021 Private Safeguard Cyber Risk management 2021 Private CyberGRX Risk management 2019 Private Signifyd Fraud protection 2018 Private RedOwl Security analytics 2015 Acquired: Forcepoint. Accel Investments.

Cybersecurity 128

Cybersecurity Technology Marketing Healthcare 128

BH Consulting

JUNE 22, 2021

Organisations are coming under increasing pressure to take out cybersecurity insurance cover. Also known as cyber risk insurance, it’s now a prerequisite in some public sector tenders. You could argue cybersecurity insurance is useful because it makes people think of business risk, not just IT problems.

Insurance 83

Insurance Cybersecurity Cyber Insurance Cyber Risk 83

SC Magazine

APRIL 5, 2021

United Kingdom Home Secretary Priti Patel is set to tell a conference of child protection activists that end-to-end encryption puts children at risk, according to a draft invitation seen by Wired UK. (Photo by Justin Sullivan/Getty Images). Law enforcement agencies in the United States have made the same argument that Patel has made.

Encryption 96

Encryption Cyber Insurance Insurance Risk 96

SC Magazine

JULY 13, 2021

Credential harvesting attempts account for 54% of all phishing attacks, an increase of nearly 15% when compared with data from 2019. Lastly, the report warns entities not to rely on cyber insurance as the rates have skyrocketed in response to the rise in ransomware attacks. Another 20.7% were attributed to extortion.

Data breaches 113

Data breaches Insurance Healthcare Education 113

The Last Watchdog

SEPTEMBER 20, 2019

However, at this moment in history, two particularly worrisome types of cyber attacks are cycling up and hitting local government entities hard: ransomware sieges and election tampering. Related: Free tools that can help protect elections I had a deep discussion about this with Todd Weller, chief strategy officer at Bandura Cyber.

Ransomware 153

Ransomware Government Firewall Cyber Insurance 153

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 361

Data breaches Marketing Cyber Insurance InfoSec 361

eSecurity Planet

MARCH 28, 2023

Microsoft Azure Microsoft Hyper-V 2016/2019 R2/2019 VMware ESXi up to 7.0 Ubuntu 18.04, and Ubuntu 20.04 Clusters of physical and virtual appliances can be deployed to expand reach or improve resilience through redundancy.

Wireless 116

Wireless Authentication IoT VPN 116

Security Boulevard

JUNE 23, 2022

In just a few years, cyber has transformed from the nerd in the corner into the Kim Kardashian of risk. businesses can be built on, and destroyed by, cyber risk. Ask your cyber exec to explain the threats facing the organisation. discuss how your company’s culture supports cyber security and risk management.

Insurance 52

Insurance Cyber Risk CISO Cyber Insurance 52

Cytelligence

FEBRUARY 4, 2020

Acquisition combines Aon’s industry-leading investment in cyber security with Cytelligence’s unique technical expertise in incident response and digital forensics services to strengthen Aon’s cyber security client value proposition. Global cyber insurance premiums are expected to grow from $4 billion in 2018 to $20 billion by 2025.

Penetration Testing 45

Penetration Testing Insurance Data preservation Risk 45

eSecurity Planet

FEBRUARY 16, 2021

Below we outline 18 industry tips for actions you can take to reduce your risk of a ransomware attack: Action. The next three actions: prioritize assets and evaluate traffic, microsegmentation, and adaptive monitoring are central steps of the zero trust architecture and greatly reduce your risks of an attack. Description. Description.

Ransomware 97

Ransomware Backups Software Encryption 97

eSecurity Planet

OCTOBER 18, 2022

First, call the cyber insurance company that issued the organization’s cybersecurity policy. Most insurance companies require specific incident response vendors, procedures, and reporting that must be met to meet the standards to be insured. The First Calls After an Attack.

Ransomware 145

Ransomware Encryption Insurance Backups 145

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

SecureWorld News

APRIL 1, 2021

A storm made more severe by the pandemic, with so many employees working remotely, exacerbating the risk of ransomware. Furthermore, when an organisation has a cyber insurance policy, it might be able to claim the ransom back, which may encourage payment. And now some researchers are labeling it the "perfect storm.".

Ransomware 57

Ransomware Cyber Insurance Social Engineering Cybercrime 57

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 132

Cyber Insurance Insurance Marketing Cyber Attacks 132

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. Whether it is synchronized files from on-premises to cloud environments or the risk of encryption of cloud email, ransomware is a real threat to your data. How much can ransomware cost your business?

Ransomware 52

Ransomware Backups Data breaches Encryption 52

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

MARCH 2, 2020

Ransomware attacks on businesses skyrocketed 365 percent in 2019, and all signs point to more of the same in 2020. Case in point: The Heritage Company went out of business following an October 2019 ransomware incident, leaving 300 employees out of work shortly before Christmas. Don’t be the next Heritage Company.

Cyber threats 215

Cyber threats Ransomware Encryption Insurance 215