SecureWorld News

MARCH 20, 2024

In this regard, many have touted cyber insurance as the knight in shining armor, the end all-be all in terms of mitigating criminals' assaults on your network. For example, the healthcare sector, a prime target for these types of attacks , planned to spend $125 billion to defend against breaches from 2020 to 2025.

Cyber Insurance 100

Cyber Insurance Insurance Ransomware Risk 100

The Last Watchdog

DECEMBER 18, 2024

Balonis Frank Balonis , CISO, Kiteworks By 2025, 75% of the global population will be protected under privacy laws, including U.S. With regulators unlikely to act soon, the risk management community must proactively define issues and establish rules to address these challenges. state privacy laws are reshaping compliance.

Cybersecurity 130

Cybersecurity CISO Risk Government 130

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.

Cyber Insurance 131

Cyber Insurance Insurance Marketing Ransomware 131

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.

Cyber Insurance 98

Cyber Insurance Government Insurance Cyber Risk 98

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.

Data breaches 113

Data breaches Insurance Healthcare Education 113

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.

Insurance 67

Insurance Cyber Insurance Ransomware Risk 67

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. As a result maritime cyber regulation is on the catch up. 2 covered guidance for cyber at sea, but it didn’t have the desired effect.

Insurance 64

Insurance Technology Cyber Insurance Cyber Risk 64