Security Boulevard

AUGUST 15, 2022

A class action suit over one of the largest healthcare data breaches of 2020 will be settled for $3 million, under a proposal recently filed with the court. Dental Care Alliance, a manager of more than 300 dental practices, reported a breach of PHI, credit card and other data for 1.7

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Security Boulevard

DECEMBER 20, 2022

The post RiskLens Fast Facts on Cyber Risk for CPAs, Lawyers & Other Professionals appeared first on Security Boulevard. Bansley & Kiener did not admit any guilt. Bansley & Kiener did not admit any guilt.

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IT Security Central

JULY 6, 2021

The costs and consequences of a data breach or cybersecurity incident have never been more severe. According to the FBI’s recently released Internet Crime Report 2020, cybercrime resulted in $4 billion in losses last year, a low estimate that still encapsulates the incredible value lost to threats actors.

Small Business 116

Small Business Cybersecurity Data breaches Cybercrime 116

Jane Frankland

JANUARY 13, 2021

Awareness and interest in cybersecurity is up Thanks to media attention due to hacks and data breaches plus campaigns and initiatives run by governments, tech giants, system integrators, cybersecurity consultancies and product vendors, more people than ever are interested in cybersecurity. Here’s my answer. #1.

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Cybersecurity Risk Government Technology 100

CyberSecurity Insiders

OCTOBER 25, 2021

Releasing a report on this note, security researchers compiled their report based on the information passed on by the National Cyber Security Index (NCSI) and the Global Cybersecurity Index 2020.

Cyber threats 137

Cyber threats Internet Internet Data breaches 137

SecureWorld News

AUGUST 14, 2022

According to the AON and Ponemon Institute, 83% of S&P company value intangible and of the companies surveyed in the research, at the average total value of their IP assets such as trademarks, patents, copyrights, trade secrets, and know-how was $578 million in 2020. Register here to watch the session on-demand.

Cybersecurity 111

Cybersecurity Data breaches Accountability Cyber Risk 111

BH Consulting

NOVEMBER 10, 2020

Board of the subject: business leaders lack resilience to reduce cyber risks. Many Irish boards lack the ability to understand and respond to cybersecurity risks effectively. Remember the Marriott and BA data breach cases that came to public attention within weeks of each other in 2019? Another fine mess?

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Data breaches Ransomware Risk Cyber Risk 52

eSecurity Planet

MAY 27, 2021

A report this month from the Government Accountability Office (GAO) found that the number of companies seeking cyber insurance coverage has steadily risen since 2016 and that insurers are increasing the prices of their policies and lowering their coverage limits as the number of cyberattacks rise. Insurers Assessing Risks.

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IT Security Guru

FEBRUARY 28, 2023

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.

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Cyber Insurance Insurance Marketing Cyber Attacks 131

SC Magazine

APRIL 23, 2021

Moody’s Cyber Risk Group has spoken with several organizations that have fallen victim to ransomware gangs over the past few years, and there is often a large discrepancy between ransomware gangs’ claims and reality. “If Also, investors have good reason not to trust cybercriminals in the first place.

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Ransomware Marketing Cyber Risk Media 136

Spinone

MAY 8, 2020

On the world scene, 2020 has already been a challenging year for businesses across the board with COVID-19. Coupled with the current pandemic and the cybersecurity threats that have been very prevalent and growing in recent years such as ransomware, there are many different cyber risk types n 2020 that your business needs to prepare for.

Cyber Attacks 78

Cyber Attacks Phishing Backups Ransomware 78

Webroot

JULY 25, 2022

Following the remote work pivot we saw in 2020, IT security has had to evolve quickly to remain effective, flexible and resilient in today’s dynamic hybrid/remote work environments. Cyber insurance becomes mainstream discussion. The cyber insurance market is expected to reach around $20B by 2025.

Cyber Insurance 136

Cyber Insurance Insurance Marketing Ransomware 136

SecureWorld News

MARCH 10, 2025

There are 300% more remote opportunities now compared to 2020 , and many organizations are still unable to deal with this. Data-driven workflows: Businesses now thrive on data, and access to large datasets is often necessary for employees across departments.

Risk 76

Risk Cybersecurity Healthcare Data breaches 76

SC Magazine

MAY 24, 2021

Data from at least one insurance broker tracked a near doubling of clients who were opting in for cyber-specific insurance from 26% in 2016 to 47% in 2020. Other data sources indicated that industry type and how a business chooses to use its data also impacted the cost and affordability of coverage.

Cyber Insurance 94

Cyber Insurance Insurance Marketing Cyber Risk 94

SiteLock

AUGUST 27, 2021

A data breach, ransomware attack or other digital attack that knocks your website offline can cost your business anywhere from thousands to millions of dollars in remediation, lawsuits from customers and fines by regulators. That leads us to the next costly cyber risk to your business – unplanned downtime.

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Data breaches DDOS Ransomware Marketing 98

Centraleyes

MARCH 3, 2025

The SHIELD Act: Strengthening New Yorks Data Security The SHIELD Act , passed in 2019, builds on New Yorks earlier Information Security Breach and Notification Act (2005). It introduces more stringent requirements for protecting private information and expands the definition of a data breach. fingerprints, retina scans).

Data breaches 52

Data breaches Risk Financial Services Data privacy 52

CyberSecurity Insiders

APRIL 1, 2021

The consequences of a data breach can vary greatly depending on the intention of the adversary. The 2020 Global State of Industrial Cybersecurity report found that 74% of IT security professionals are more concerned about a cyberattack on critical infrastructure than an enterprise data breach.

Passwords 130

Passwords VPN Data breaches Accountability 130

The Last Watchdog

MAY 12, 2021

This brings up a point: for every massive data breach or high-profile ransomware caper that grabs headlines, I’m starting to hear about more instances like this, where the good guys prevail. At the same time, more organizations are taking cyber risk mitigation as seriously as they should.

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eSecurity Planet

SEPTEMBER 1, 2021

Insecure implementations may result in unauthorized access to threat actors and potential data breaches.” This instance can result in NFV data breaches, resource exhaustion, or DDoS attacks. Incentivizing a Cyber Duty of Care. There are no secure implementation guides or standards for network operators.

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Risk Cybersecurity IoT Wireless 137

SecureWorld News

AUGUST 18, 2020

Securities and Exchange Commission, notifying the SEC of the data breach. Hackers exfiltrated (removed) some data. Ransomware attacks 2020: what do cybercrminals want? And number one is cyber insurance. Cyber insurance is what pays for you to do what you need to do to have a proper response.".

Cyber Insurance 98

Cyber Insurance Ransomware Insurance Technology 98

eSecurity Planet

APRIL 22, 2022

That’s where cyber insurance may be able to help. According to the Ponemon Institute and IBM, the global average cost of a data breach is $4.24 As the number and severity of data breaches continues to rise, organizations are recognizing that those costs are not theoretical. Top 8 Cyber Insurers. That’s a 29.1%

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Cyber Insurance Insurance Marketing Small Business 119

SC Magazine

APRIL 14, 2021

A seemingly arcane topic, every organization should have vulnerability management as top-of-mind when it comes to managing cyber risk. Since the end of 2020, we have witnessed the increasing prevalence of coercion through technology. One example has been the Vastaamo data breach in Finland.

Government 107

Government Risk Information Security InfoSec 107

SC Magazine

MAY 12, 2021

New research from security vendor Aqua Security, which draws on the past year of internal customer data, finds that businesses continue to suffer fallout from their poorly configured cloud assets in the form of data breaches.

Data breaches 67

Data breaches Internet Internet Media 67

Security Boulevard

NOVEMBER 16, 2021

These are just a handful of the 18,000 or so customers affected by the SolarWinds Orion data breach of 2020, and, nearly two years later, the company continues to handle the fallout from this event. “We We expect to incur significant legal and other professional services expenses associated with the Cyber Incident in future.

Data breaches 52

Data breaches Cybersecurity Cyber Risk Cyber Attacks 52

CyberSecurity Insiders

DECEMBER 7, 2021

In fact, “the number of publicly reported data compromises in the U.S. through September of 2021 has already surpassed the total number of compromises in 2020 by 17%, according to the Identity Theft Resource Center (ITRC).” State of the IoT 2020: 12 billion IoT connections (iot-analytics.com).

Cybersecurity 78

Cybersecurity IoT Artificial Intelligence Cyber threats 78

CyberSecurity Insiders

JANUARY 28, 2022

cybersecurity M&A deals hit 151 in the first three quarters of 2021, compared to 80, 88 and 94 in 2018, 2019 and 2020, respectively, according to data from 451 Research. “ A damaged asset is worth less ,” according to Sean Wessman, a Principal at EY’s Americas Risk and Cybersecurity Practice.

Cybersecurity 89

Cybersecurity Digital transformation CSO Risk 89

Jane Frankland

APRIL 28, 2022

It’s a roller coaster of a time to lead, as CIOs, CISOs and CTOs are having to deal with more users, data, devices, technologies, connectivity, mobility, regulations, risks, and threats than they care to. Cyber risks top worldwide business concerns in 2022. McKinsey & Company raised the alarm in 2020.

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CISO Mobile Technology Risk 130

eSecurity Planet

JANUARY 11, 2022

Series A Cado Security 2020 London, UK 26 $11.5 Series B Wiz 2020 Tel Aviv, Israel 186 $230.0 Startup Est Headquarters Staff Funding Funding Type DoControl 2020 New York, NY 37 $13.4 Series A Lightspin 2020 Tel Aviv, Israel 43 $20.0 Privafy aims to serve a valuable corner of the market – securing data-in-motion.

Cybersecurity 142

Cybersecurity Threat Detection Artificial Intelligence Risk 142

The Security Ledger

JANUARY 8, 2021

Also: COVID’s Lasting Security Lessons Episode 198: Must Hear Interviews from 2020. Layoffs and Lost Data. We’ve read a lot about the cyber risks of Zoom (see our interview with Patrick Wardle ) or remote offices. Since February 2020, employment in leisure and hospitality is down by some 3.9

Passwords 52

Passwords Cyber Risk Marketing Technology 52

SC Magazine

FEBRUARY 8, 2021

Ultimately, he believes “this is good for businesses as, through the insurance process, they will gain better visibility into their cyber risks and measures they can deploy to keep digital operations secure and compliant to data privacy regulations.”. These organizations found a shortcut, cyber insurance.

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Insurance Cybersecurity Cyber Insurance Government 126

Cytelligence

FEBRUARY 4, 2020

FOR IMMEDIATE RELEASE: FEBRUARY 4, 2020. AON ACQUIRES CYTELLIGENCE, A LEADING INTERNATIONAL CYBER SECURITY FIRM WITH DEEP EXPERTISE IN CYBER INCIDENT RESPONSE AND DIGITAL FORENSIC INVESTIGATIONS. ? said J Hogg, CEO of Aon Cyber Solutions. said Daniel Tobok, CEO of Cytelligence.

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Penetration Testing Insurance Data preservation Risk 45

Security Boulevard

MAY 11, 2021

Assurance of the adoption of these five security controls by an organisation provides a good degree of confidence an organisation is protected against the most common cyber threats, thus the UK Cyber Essentials certification scheme was born.

Small Business 71

Small Business Government Cybersecurity Cyber threats 71

Pen Test

OCTOBER 10, 2023

Double extortion introduces catastrophic risks of data breach and loss of customer trust if sensitive information gets leaked publicly. Even just the notification of a data breach can harm an organization's reputation and bottom line. However, the attackers threatened to leak terabytes of data if not paid.

Ransomware 52

Ransomware Backups Insurance Cyber Insurance 52

McAfee

MAY 26, 2020

Though terrifying for many people, Brexit was handled relatively easily through a transition period, which goes until 31 st December 2020, during which UK organisations are bound by two laws: the EU GDPR and the UK DPA (Data Protection Act 2018 ). The EU GDPR will no longer apply directly in the UK at the end of the transition period.

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Antivirus VPN Risk Software 52

eSecurity Planet

MAY 27, 2021

Breach and attack simulation (BAS): XM Cyber. XM Cyber Platform. XM Cyber launched in 2016 and is a winner for its innovation in the breach and attack simulation arena. Since then, the McAfee MVISION Cloud solution offers agentless data loss prevention (DLP) to large enterprises. Runner up: IBM QRadar SIEM.

Network Security 117

Network Security Firewall Software Technology 117

Herjavec Group

DECEMBER 15, 2021

Data breaches and cybersecurity threats were at an all-time high this past year. They found that the average cost of recovery and ransom associated with a ransomware attack has been 2 times more than the 2020 average global ransom demand ! The Herjavec Group Threat Team recently reported on the State of Ransomware in 2021.

Cybersecurity 52

Cybersecurity Digital transformation Ransomware Cyber Risk 52

Digital Shadows

NOVEMBER 1, 2022

This has the double pronged effect of crippling an organization, whilst also resulting in the significant impact that accompanies a data breach. Despite this, the risk does remain significant, and the affected company is prone to reputational, financial, and regulatory risk that follows a data breach.

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