Security Affairs

FEBRUARY 8, 2024

26 key cyber security stats for 2024 that every user should know, from rising cyber crime rates to the impact of AI technolog y. Cyber Crime Surge: During COVID-19 , cyber crimes shot up by 600%, showing how threats adapt to global changes. Phishing Attacks: Phishing is the top cyber attack, causing 90% of data breaches.

Social Engineering 144

Social Engineering Cyber Attacks Cyber Insurance IoT 144

CyberSecurity Insiders

SEPTEMBER 13, 2022

The survey conducted financial risks evaluator Kroll states that in the past few months, beginning this year of 2022, over 71% of organizations suffered over 5 million financial losses that emerged from cyber risks and 33% of them suffered repetitive incidents.

Cyber Risk 131

Cyber Risk Risk Cyber Insurance Insurance 131

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. Also read : Top Cyber Insurance Companies.

Cybersecurity 127

Cybersecurity Technology Marketing Healthcare 127

CyberSecurity Insiders

OCTOBER 24, 2022

These attacks also tend to be more successful in access and payout in the event of ransom demands, with 74% of attacks ending successfully for hackers. Here are a few prime examples of cyber-attacks in the education sector. 56% of lower education respondents were hit by ransomware in 2022. Cyber insurance.

Education 58

Education Cyber Attacks Cyber Insurance Insurance 58

Security Boulevard

NOVEMBER 24, 2023

First published by HelpNetSecurity  — Matthew Rosenquist Cybersecurity insurance is a rapidly growing market, swelling from approximately $13B in 2022 to an estimated $84B in 2030 (26% CAGR), but insurers are struggling with quantifying the potential risks of offering this type of insurance.

Insurance 72

Insurance Risk Cyber Insurance Cybersecurity 72

SecureList

NOVEMBER 9, 2022

As for KSB 2022, we invited notable experts to share their insights and unbiased opinions on what we should expect from cybersecurity in the following year. Given the continued surge of ransomware attacks, which soared 288% in the first half of 2022 alone, the need for cyber insurance will be a bigger priority, especially in the SMB market.

Cybersecurity 145

Cybersecurity Cyber Insurance Cybercrime IoT 145

Security Boulevard

MAY 12, 2022

2022 — Could We Still Save Jack Bauer Today? Predictable recovery after cyber attacks helps organizations with lessons learned along with driving a business case for more investment from the board of directors. What Is Not Covered Under Cyber Insurance? This was in 2005! Getting in Right.

Cyber Insurance 105

Cyber Insurance Insurance Marketing Firewall 105

Thales Cloud Protection & Licensing

MAY 9, 2022

One Year Later: What Have We Learned Since the Colonial Pipeline Attack. Mon, 05/09/2022 - 05:40. It is hard to believe that it has already been one year since the Colonial Pipeline ransomware attack that forced the U.S. Cyber insurance coverage ramps up. east coast. Planning and preparation are essential.

Cyber Insurance 71

Cyber Insurance Insurance Backups Ransomware 71

CyberSecurity Insiders

JANUARY 6, 2023

2022 clearly demonstrated that attacks on data represent the greatest cyber-threat organizations face. The attack pace not only continued, it accelerated. Many of these attacks took advantage of known vulnerabilities and security misconfigurations in storage and backup systems. Insurance Refusals and Rate Hikes.

Backups 136

Backups Ransomware Insurance Cyber Insurance 136

Malwarebytes

SEPTEMBER 14, 2022

5 technologies that help prevent cyber attacks for SMBs (ranked in order of importance). Bonus: Cyber insurance. Without cyber insurance, you can expect to pay a dizzying amount of cash. Read more: 4 ways businesses can save money on cyber insurance. Let’s recap.

Technology 88

Technology DNS Cyber Insurance Insurance 88

SecureWorld News

DECEMBER 7, 2022

These algorithms will be able to learn and adapt to changing patterns in cyber threats, allowing them to detect and respond to attacks in real time. November 30, 2022. As cyber professionals continue to adopt the technology, so will malicious threat actors. Cyber insurance trends in 2023. gabe_ragland).

Cybersecurity 94

Cybersecurity Cyber Insurance Insurance Social Engineering 94

Schneier on Security

FEBRUARY 28, 2024

One possible solution, touted by former Department of Homeland Security Secretary Michael Chertoff on a recent podcast , would be for the federal government to step in and help pay for these sorts of attacks by providing a cyber insurance backstop.

Cyber Insurance 274

Cyber Insurance Insurance Government Cyber Risk 274

eSecurity Planet

APRIL 6, 2023

Ransomware attacks followed on Ireland’s Health Service Executive System and meat processing giant JBS Foods, and then in July 2021, IT service management company Kaseya had a number of its downstream customers targeted by ransomware in a software supply chain attack. The first ransomware attack took place in 1989.

Ransomware 97

Ransomware Backups Encryption Cybersecurity 97

Thales Cloud Protection & Licensing

FEBRUARY 15, 2023

Double extortion ransomware is a growing type of cyber-attack in which a victim’s sensitive data is first stolen, and then encrypted, giving the criminal the option of demanding two separate ransom payments. Either way, they legitimize such ransom demands and encourage attackers to continue making them.

Ransomware 71

Ransomware Encryption Backups Cyber Insurance 71

Cytelligence

FEBRUARY 4, 2020

The 2019 Cybersecurity Almanac published by Cisco and Cybersecurity Ventures predicts that cyber events will cost $6 trillion annually by 2021, as companies are digitizing most of their processes and are often operating remotely. 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

JANUARY 11, 2022

This article looks at the top 40 cybersecurity startups to watch in 2022 based on their innovations in new and emerging technologies, length of operation, early funding rounds, scalability, and more. Most traditional tools used for investigating cyber attacks cannot assess potential impacts on these environments. Cowbell Cyber.

Cybersecurity 142

Cybersecurity Threat Detection Artificial Intelligence Risk 142

ForAllSecure

MAY 17, 2023

Chris Gray of Deep Watch talks about the view from the inside of a virtual SOC, the ability to see threats against a large number of SMB organizations, and the changes to cyber insurance we’re seeing as a result. cyber insurance as a whole was changing heavily. And why is that? It started off pretty easy to get.

Internet 40

Internet Internet Insurance Cyber Insurance 40

Digital Shadows

OCTOBER 14, 2024

Employees must be aware of how attackers might manipulate them into revealing sensitive information or granting the attackers access to secure systems. However, given the increasing sophistication of these attack techniques, education alone isn’t always enough to prevent a cyber attack.

Ransomware 94

Ransomware Social Engineering Insurance Cyber Insurance 94