Security Affairs

DECEMBER 28, 2022

The chief executive of insurance giant Zurich warns that cyber attacks, rather than natural catastrophes, will become uninsurable. Mario Greco, chief executive of insurer giant Zurich, has warned that cyber attacks will become soon “uninsurable.”. These people can severely disrupt our lives.”

Cyber Attacks 98

Cyber Attacks Cyber Insurance Insurance Cyber Risk 98

Digital Shadows

NOVEMBER 26, 2024

The US, manufacturing sector, and professional, scientific, and technical services (PSTS) sector are primary targets amidst an overall increase in ransomware attacks. Exposed credentials can have detrimental impacts, leading to unauthorized access to systems, internal phishing attacks, and lateral movement and persistence.

Cyber Attacks 59

Cyber Attacks Phishing Ransomware Cyber Insurance 59

SecureList

NOVEMBER 9, 2022

What cyberthreats for business will be the greatest in 2023? The ongoing geopolitical storm brings not only classical cyberthreats for business, but also unpredictable risks and ‘black swans’ The main problem for 2023 will be supply-chain stability and cybersecurity. Threat modeling approaches will be changed in 2023.

Cybersecurity 144

Cybersecurity Cyber Insurance Cybercrime IoT 144

CyberSecurity Insiders

JANUARY 6, 2023

Organizations are being confronted on all sides by cyber-danger. Here are our top 4 predictions on how this will play out in 2023: More Data Attacks, Greater Sophistication, Bigger Monetary Losses. Insurance Refusals and Rate Hikes. But not insurance companies. We will begin to see that shifting in 2023.

Backups 136

Backups Ransomware Insurance Cyber Insurance 136

CyberSecurity Insiders

DECEMBER 18, 2022

A look ahead to 2023 we can expect to see changes in MFA, continued Hactivism from non-state actors, CISOs lean in on more proactive security and crypto-jackers will get more savvy. 1 – Attacker tradecraft centers on identity and MFA. By Marcus Fowler, CEO of Darktrace Federal. 4 – Ransomware rushes to the cloud.

Cybersecurity 125

Cybersecurity CISO Insurance Ransomware 125

SecureWorld News

DECEMBER 7, 2022

But 2023 might be the year it all comes to fruition. In 2023, experts predict we will see even more widespread adoption of AI in cybersecurity. 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.

Cybersecurity 98

Cybersecurity Cyber Insurance Insurance Social Engineering 98

Security Affairs

FEBRUARY 8, 2024

Phishing Attacks: Phishing is the top cyber attack, causing 90% of data breaches. Shockingly, 96% of these attacks come through email. Ransomware Attacks: In 2023, a whopping 72.7% The cost of these attacks could hit $265 billion annually by 2031. Cyber Skills Gap: By 2025, there could be 3.5

Social Engineering 141

Social Engineering Cyber Attacks Cyber Insurance IoT 141

BH Consulting

FEBRUARY 24, 2025

It’s probably worth saying that 2023 was a record year, with ransom payments reaching $1.25 Cyber insurance industry faces a pivotal year The cyber insurance industry faces a pivotal year, influenced by evolving ransomware threats, regulatory changes, and the integration of artificial intelligence (AI).

Cyber Insurance 59

Cyber Insurance Insurance Ransomware Artificial Intelligence 59

SecureWorld News

FEBRUARY 6, 2024

New regulatory filings have exposed the skyrocketing costs of major cyber incidents, as big brands Clorox and Johnson Controls admitted collectively suffering more than $75 million in attack-related expenditures last year. Cleaning giant Clorox was struck by an unspecified cyber event discovered in August 2023.

Insurance 118

Insurance Cyber Insurance Cyber Risk Cyber threats 118

CyberSecurity Insiders

OCTOBER 26, 2022

Once one attack occurs, bad actors tend to further exploit a company’s vulnerabilities and continue to target the company. From a budgetary standpoint, ransom payments and cyber insurance premiums have continued to rise over time. Along with a well-designed plan, organizations need internal safeguards in place.

Ransomware 120

Ransomware Cyber Insurance Insurance Cyber Attacks 120

Digital Shadows

NOVEMBER 26, 2024

The US, manufacturing sector, and professional, scientific, and technical services (PSTS) sector are primary targets amidst an overall increase in ransomware attacks. Exposed credentials can have detrimental impacts, leading to unauthorized access to systems, internal phishing attacks, and lateral movement and persistence.

Cyber Attacks 52

Cyber Attacks Phishing Ransomware Cyber Insurance 52

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 303

Cyber Insurance Insurance Government Cyber Risk 303

Security Affairs

NOVEMBER 6, 2018

Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. According to CryptoIns analysts, the crypto assets insurance market is expected to reach $7 billion by 2023. Pierluigi Paganini.

Insurance 95

Insurance Cryptocurrency Cyber threats Marketing 95

Digital Shadows

OCTOBER 14, 2024

lower than in Q3 2023. compared to Q3 2023. Figure 1: Number of compromised organizations listed on data-leak sites, Q4 2023–Q3 2024 In Q3 2024, new top contenders emerged, challenging LockBit’s dominance. However, some cyber insurance policies explicitly forbid ransom payments.

Ransomware 94

Ransomware Social Engineering Insurance Cyber Insurance 94

Thales Cloud Protection & Licensing

NOVEMBER 15, 2023

Ready for Take-off: Rising Above Airport Cybersecurity Challenges sparsh Thu, 11/16/2023 - 04:52 Aviation is a fast-paced world, with airports around the globe serving billions of passengers annually. Airports are high-risk locations and more vulnerable to cyber-attacks than airlines.

Cybersecurity 87

Cybersecurity Authentication Cyber Insurance Digital transformation 87

Thales Cloud Protection & Licensing

FEBRUARY 15, 2023

The Pain of Double Extortion Ransomware divya Thu, 02/16/2023 - 06:10 Ransomware perpetrators are adopting more sophisticated attack techniques with much success. Attackers are increasingly threatening double and triple extortion in addition to ransom demands, putting more pressure on victims to comply.

Ransomware 71

Ransomware Encryption Backups Cyber Insurance 71

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

Centraleyes

APRIL 8, 2024

According to PwC’s 2023 Trust Survey, 84% of executives believe that customers have high trust in their firm, whereas only 27% of customers agree. Better Insurance Rates: Cyber insurance providers include data security in their actuarial analysis. 66% of U.S.

Data privacy 52

Data privacy Unstructured Data Data breaches Government 52

Jane Frankland

DECEMBER 7, 2023

Cybersecurity can often feel like a game of cat and mouse where cyber attackers and defenders engage in a chase, with one party trying to outsmart the other. Just like in previous years, 2024 is set to test practitioners’ skills as the frequency of cyber threats continues to surge leaving no room for complacency.

Cybersecurity 130

Cybersecurity Cyber threats Insurance Artificial Intelligence 130

Security Affairs

NOVEMBER 5, 2023

Kinsing threat actors probed the Looney Tunables flaws in recent attacks ZDI discloses four zero-day flaws in Microsoft Exchange Okta customer support system breach impacted 134 customers Multiple WhatsApp mods spotted containing the CanesSpy Spyware Russian FSB arrested Russian hackers who supported Ukrainian cyber operations MuddyWater has been spotted (..)

Cyber Insurance 127

Cyber Insurance Cryptocurrency Internet Internet 127