Tech Republic Security

JULY 4, 2024

Rates have declined by 15% since the market peak in 2022, according to Howden Insurance Brokers.

Insurance 178

Insurance Cyber Insurance Marketing Backups 178

Security Boulevard

OCTOBER 1, 2022

The list of companies that have experienced data breaches in 2022 continues to grow, including Meta, Samsung, Twilio, Twitter, Uber and more. No wonder the cyber insurance market is expected to grow at a compound average rate of almost 25 percent […]. The post Preparing for Cyber Insurance?

Cyber Insurance 111

Cyber Insurance Insurance Data breaches Marketing 111

Malwarebytes

JULY 10, 2022

Without cyber insurance , you can expect to pay a dizzying amount of cash. In 2022 alone, the average cost of a data breach for businesses under 1,000 employees was close to $3 million—and these costs are coming from activities that cyber insurers typically cover, such as detecting and responding to the breach.

Cyber Insurance 104

Cyber Insurance Insurance Data breaches Phishing 104

Security Affairs

APRIL 22, 2022

When security fails, cyber insurance can become crucial for ensuring continuity. Cyber has changed everything around us – even the way we tackle geopolitical crisis and conflicts. According to a report by IDC , by the end of 2022, nearly 65% of the global GDP will be digitized — reliant on a digital system of some kind.

Cyber Insurance 100

Cyber Insurance Insurance Risk Technology 100

Webroot

JULY 25, 2022

The RSA Conference 2022 – one of the world’s premier IT security conferences – was held June 6th-9th in San Francisco. But attendees and presenters alike made up for it with their eagerness to explore emerging IT security trends that have developed over the past year – a venue like RSA Conference 2022 delivered on tenfold.

Cyber Insurance 136

Cyber Insurance Insurance Marketing Ransomware 136

Thales Cloud Protection & Licensing

MAY 10, 2022

Checklist for Getting Cyber Insurance Coverage. Tue, 05/10/2022 - 05:43. As cyber criminals mature and advance their tactics, small and medium businesses become the most vulnerable because they lack the capacity – staff, technology, budget - to build strong cyber defenses.

Cyber Insurance 77

Cyber Insurance Insurance Cyber Risk Cyber Attacks 77

CyberSecurity Insiders

NOVEMBER 15, 2022

Cyber Insurance premiums are becoming dearer and the reason for such a rise is claimed to be sophistication in attacks that are making mitigation and recovery expensive. Most companies are showing laxity in following basic cyber security hygiene, leading to a surge in cyber-attacks and data breaches.

Cyber Insurance 84

Cyber Insurance Insurance Marketing Ransomware 84

Security Boulevard

APRIL 28, 2022

The post Cyber Insurance: What to Know for 2022 and Beyond appeared first on Hyperproof. The post Cyber Insurance: What to Know for 2022 and Beyond appeared first on Security Boulevard.

Cyber Insurance 52

Cyber Insurance Insurance Cybersecurity Data privacy 52

CSO Magazine

AUGUST 22, 2022

Insurance marketplace Lloyd’s of London is set to introduce cyber insurance exclusions to coverage for “catastrophic” state-backed attacks from 2023. The move is reflective of a maturing and quickly evolving cyber insurance market. Nation-state attacks pose systemic risk to insurers.

Cyber Insurance 72

Cyber Insurance Insurance Marketing Risk 72

CSO Magazine

JANUARY 13, 2023

The Royal ransomware group is believed to be actively exploiting a critical security flaw affecting Citrix systems, according to the cyber research team at cyber insurance provider At-Bay.

Cyber Insurance 129

Cyber Insurance Ransomware Insurance Authentication 129

The Hacker News

APRIL 10, 2023

With the increasing use of technology in our daily lives, cybercrime is on the rise, as evidenced by the fact that cyberattacks caused 92% of all data breaches in the first quarter of 2022. Staying current with cybersecurity trends and laws is crucial to combat these threats, which can significantly impact business development

Cyber Insurance 101

Cyber Insurance Insurance Cybersecurity Data breaches 101

The State of Security

JUNE 13, 2022

Sophos Labs recently released its annual global study, State of Ransomware 2022, which covers real-world ransomware experiences in 2021, their financial and operational impact on organizations, as well as the role of cyber insurance in cyber defense.

Ransomware 134

Ransomware Cyber Insurance Insurance Malware 134

Dark Reading

JUNE 10, 2022

Cloud migration, DevSecOps, cyber insurance, and more have emerged as important motivators for cybersecurity investment and focus.

Cloud Migration 95

Cloud Migration Cyber Insurance CISO Insurance 95

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. Read more: Top Enterprise Network Security Tools for 2022. Also read: Top Endpoint Detection & Response (EDR) Solutions for 2022.

Cybersecurity 142

Cybersecurity Threat Detection Artificial Intelligence Risk 142

Centraleyes

DECEMBER 16, 2024

By 2027, 75% of employees are expected to acquire or modify technology outside of ITs control, up from 41% in 2022. Insurance Becomes a Necessity The rise of high-profile cyberattacks has led to increased demand for cyber insurance.

Cybersecurity 98

Cybersecurity Insurance Cyber Insurance Technology 98

Bleeping Computer

AUGUST 5, 2022

For the most part, it has been a quiet week on the ransomware front, with a few new reports, product developments, and attacks revealed. [.].

Cyber Insurance 79

Cyber Insurance Insurance Ransomware 79

CSO Magazine

MAY 15, 2023

Companies with cyber insurance are more likely to get hit by ransomware, more likely to be attacked multiple times, and more likely to pay ransoms, according to a recent survey of IT decision makers. To read this article in full, please click here

Insurance 123

Insurance Cyber Insurance Ransomware Encryption 123

CyberSecurity Insiders

FEBRUARY 21, 2023

ransomware does so during negotiations and tries to find the exact amount to be covered with the cyber insurance and then demands ransom. From Cyber Insurance POV, this seems like a scam stuck between the victim and those spreading the malware….

Insurance 124

Insurance Ransomware Cyber Insurance Encryption 124

eSecurity Planet

JULY 8, 2022

The post Best Disaster Recovery Solutions for 2022 appeared first on eSecurityPlanet. Organizations need to ensure that all these parties work as a cohesive team in order to fulfill their roles and responsibilities, which also increases the overall complexity of ransomware recovery.”. Read next: Best Incident Response Tools and Software.

Backups 142

Backups Ransomware Technology Marketing 142

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 130

Cybersecurity Technology Marketing Healthcare 130

SecureWorld News

DECEMBER 27, 2022

While claims due to natural catastrophes are expected to top $100 billion in 2022 -- as it did in 2021 -- losses due to cyber attacks continue to climb. Insurance underwriters have no choice but to try and limit exposure through providing less coverage or hiking up the cost of cyber insurance.

Insurance 97

Insurance Cyber Attacks Cyber Insurance Marketing 97

CSO Magazine

JUNE 14, 2023

Finding the right insurance has become a key part of the security equation, which is no surprise given that the average cost of a data breach in the US has risen to $9.44 The global cyber insurance market was valued at $13.33 billion in 2022, according to research by Fortune Business Insights , and is expected to grow from $16.66

Insurance 121

Insurance Data breaches Cyber Insurance Marketing 121

Security Boulevard

JUNE 2, 2022

Ransomware attacks increased by yet another 80% between February 2021 and March 2022, based on an analysis of ransomware payloads seen across the Zscaler cloud. Prepare for the worst with cyber insurance, a data backup plan, and a response plan as part of your overall business continuity and disaster recovery program.

Ransomware 105

Ransomware Architecture Manufacturing Encryption 105

Webroot

OCTOBER 14, 2022

In other words, 2022 has been an eventful year in the threat landscape, with malware continuing to take center stage. The 6 Nastiest Malware of 2022. 2022 was no different. 2022 was no different. With that, here are the 6 Nastiest Malware of 2022. Here are this year’s wicked winners.

Malware 76

Malware Antivirus DDOS Cyber Insurance 76

eSecurity Planet

JULY 12, 2022

Cyber Insurer Provides Help. As Spectra Logic had the foresight to take out cyber insurance , Chubb representatives were professional and helpful, according to Mendoza. Also read: Top 8 Cyber Insurance Companies for 2022 Best Ransomware Removal and Recovery Services. Most had been infected.

Ransomware 144

Ransomware Cyber Insurance Backups Insurance 144

CSO Magazine

NOVEMBER 17, 2022

As Fortinet’s FortiGuard Labs team found, the number of new ransomware variants doubled in just the first half of 2022 compared to the previous six-month period. It’s no wonder more companies are turning to cyber insurance to help recoup their losses when they do have to pay a ransomware settlement.

Cyber Insurance 91

Cyber Insurance Ransomware Insurance Hacking 91

CyberSecurity Insiders

APRIL 19, 2022

M-Trends 2022 report not only disclosed what threat actors are doing, but has also offered ways to mitigate risks. And from early 2022, the focus of the cyber criminals has shifted towards core business environments such as virtualization as any attack on such operations will lead to complex IT disasters.

Ransomware 120

Ransomware Cyber Insurance Insurance Cryptocurrency 120

CyberSecurity Insiders

MAY 1, 2023

Surprisingly, the analysis conducted by American law firm BakerHostetler found that victims who made ransomware payments increased in the year 2022 compared to 2021. By the way, data spills occurring from state-funded hacks are no longer covered under cyber insurance.

Data breaches 138

Data breaches Cyber Insurance Insurance Technology 138

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

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

Cisco Security

JANUARY 10, 2023

As the majority of the global Covid fog finally started lifting in 2022, other events – and their associated risks – started to fill the headspace of C-level execs the world over. Using this information, last year I wrote a blog summing up the nine top of mind issues I believed will most impact CISOs as we headed into 2022.

CISO 142

CISO Insurance Cyber Insurance Phishing 142

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

The Last Watchdog

AUGUST 1, 2023

With cutting-edge technologies stacked into a robust platform, Guardz’s solution continuously monitors businesses’ digital landscapes to protect their entire range of assets, enables them to react to cyber risks in real time with swift remediations, and provides cyber insurance for peace of mind.

Malware 189

Malware Insurance Cyber Insurance Small Business 189

Security Affairs

FEBRUARY 8, 2024

Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 Cyber Skills Gap: By 2025, there could be 3.5 million unfilled cyber security jobs, showing a big need for skilled professionals. Market Size: The AI cyber security market was worth around $17.4

Social Engineering 140

Social Engineering Cyber Attacks Cyber Insurance IoT 140

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

Security Affairs

OCTOBER 30, 2023

The median price of a vulnerability reported through the HackerOne platform is $500, up from $400 in 2022. 54% Financial savings estimated from avoiding risk, 51% Risk assessment (internal or external), 32% Agility and speed of security teams’ responsiveness, and 7% Discount on cyber insurance.

Cyber Insurance 134

Cyber Insurance Hacking Insurance CISO 134

Security Boulevard

MAY 12, 2022

2022 — Could We Still Save Jack Bauer Today? What Is Not Covered Under Cyber Insurance? Cyber insurance will not cover the cost for security remediation, the purchase of new security technology, or any 3rd pen testing, auditing, or installation of any security products. This was in 2005!

Cyber Insurance 105

Cyber Insurance Insurance Marketing Firewall 105