BH Consulting

FEBRUARY 24, 2025

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). Sign up here The post Security Roundup February 2025 appeared first on BH Consulting.

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Centraleyes

APRIL 24, 2025

Below, we explore some standout cyber resilience solutions, including a closer look at Centraleyesa platform that redefines governance, risk and compliance management in 2025. Solutions That Are Driving Cyber Resilience in 2025 1. AI-Driven Cyber GRC (e.g. Cyber Insurance with AI-Driven Risk Assessments (e.g.,

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Webroot

JULY 25, 2022

Cyber insurance becomes mainstream discussion. As cyberattacks have become more costly and more challenging to track, cyber insurance has gained prominence across the industry. The cyber insurance market is expected to reach around $20B by 2025.

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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. Soaring Cyber Crime Costs: Cyber crime costs are expected to hit $10.5

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Centraleyes

DECEMBER 16, 2024

As we approach 2025, the cybersecurity landscape is evolving rapidly, shaped by technological advancements, regulatory shifts, and emerging threats. Below is an exhaustive list of key cybersecurity trends to watch out for in 2025. Talent Shortage The cybersecurity talent shortage shows no signs of abating in 2025. The challenge?

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SecureWorld News

MARCH 28, 2024

The Cyber Incident Reporting for Critical Infrastructure Act (CIRCIA) , signed into law in March 2022, directs the Cybersecurity and Infrastructure Security Agency (CISA) to develop regulations for covered entities to report cyber incidents and ransom payments.

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Duo's Security Blog

OCTOBER 18, 2022

Our experts will discuss the risks posed by passwords, what cyber insurers require to protect organizations, and how MFA can meet both of those needs. Hedging your bets with cyber insurance Did you know that global cybercrime costs are expected to grow 15% year over year , eventually reaching $10.5

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Duo's Security Blog

DECEMBER 7, 2022

The state of cyber liability insurance The topic of cyber liability insurance is full of datapoints, statistics and graphs all showing upward trajectories. Tech Wire Asia cites that premiums could be expected to reach anywhere between US$500 million and US$1 billion by 2025.

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Centraleyes

DECEMBER 19, 2024

The new healthcare cyber regulations will go into effect in October 2025. What Are the Implications for Cyber Insurance? Along with the implementation of these cybersecurity requirements, hospitals should also pay attention to the evolving landscape of New York insurance laws. How is this Different from HIPAA?

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Digital Shadows

JANUARY 14, 2025

Take Action Its realistically possible that the success of new ransomware groups in Q4 2024 will inspire a wave of fresh operations in 2025. To better understand Scattered Spider’s targeting strategies and naming conventions, we analyzed the domains that the group registered between October 1, 2024 and January 1, 2025.

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SC Magazine

JULY 13, 2021

trillion, by 2025, a 75% increase. Lastly, the report warns entities not to rely on cyber insurance as the rates have skyrocketed in response to the rise in ransomware attacks. Some insurers are also jacking up the cost of deductibles and limiting the types of entities they’re willing to insure.

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Digital Shadows

NOVEMBER 26, 2024

Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance. During the reporting period, our collection of IAB posts increased by 16%.

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SecureWorld News

OCTOBER 19, 2023

Kimberly "KJ" Haywood, Principal Advisor at Nomad Cyber Concepts and Adjunct Cybersecurity Professor at Collin College, had this to say: "Inflation is hitting organizations harder than ever. As cyber threats surge, the expenses associated with cyber insurance rise, adding to the financial strain. trillion by 2025.

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Pen Test Partners

NOVEMBER 4, 2024

Maritime cyber insurance has been playing catch-up with maritime cyber security for a while now. As a result maritime cyber regulation is on the catch up. It has been delayed by 6 months to 1 st July, meaning that the first vessels that need to be compliant will be launched in early 2025.

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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.

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Digital Shadows

NOVEMBER 26, 2024

Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance. During the reporting period, our collection of IAB posts increased by 16%.

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BH Consulting

SEPTEMBER 7, 2022

And the cyber insurance market keeps growing. Fitch Ratings estimates annual cyber risk premiums are between $8-10 billion today. By 2025, it expects them to grow to more than $22 billion. The Log4J ‘gift’ will keep giving.

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Jane Frankland

JANUARY 12, 2025

Cybersecurity is on the brink of significant transformation as we approach 2025, grappling with escalating complexities driven by advancements in technology, increasing geopolitical tensions, and the rapid adoption of AI and IoT. Ethics The ethical challenges posed by advancing AI technologies will demand urgent attention in 2025.

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Jane Frankland

DECEMBER 7, 2023

Implementation will be phased with the vulnerability reporting obligations in late 2025 and the remaining obligations in early 2027. Whilst the EU’s Radio Equipment Directive, has been postponed until 2025, it’s expected to remain a significant topic for legislators in 2024.

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SecureWorld News

MARCH 5, 2025

The impact will be felt well beyond the involved countries of Canada, USA, Mexico, and China," said Kenrick Bagnall , Founder, KONCYBER & RB-Cyber Assurance; Royal Candian Mounted Police (RCMP) Contractor/Instructor; Toronto Police Service (Cybercrime Unit) (Ret.). " Tariffs could impact the sharing of cyber talent between the U.S.

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The Last Watchdog

DECEMBER 15, 2024

Cunningham John Paul Cunningham , CISO, Silverfort Identity-based attacks in 2024, like those on Microsoft and Snowflake, are prompting insurers to intensify scrutiny in 2025. In 2025, as customers notice the gap between AI promises and delivery, security teams will refocus on fundamentals.

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