The Last Watchdog

DECEMBER 18, 2024

Similarly, software bills of materials (SBOMs) underscore the need for better accountability in third-party software. Tech companies are adopting cybersecurity by design, embedding encryption, biometrics, and multi-factor authentication into products.

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Cybersecurity CISO Risk Government 130

BH Consulting

JULY 17, 2024

MFA momentum gathers after AWS adoption and Snowflake breach Multi-factor authentication (MFA) got a boost on two fronts recently. One of the largest tech companies, Amazon Web Services, has now made it mandatory for privileged accounts. MFA is seen as a critical control in reducing the risk of account takeovers.

Cyber Insurance 69

Cyber Insurance Insurance Risk Marketing 69

Duo's Security Blog

SEPTEMBER 1, 2023

Passkeys simplify account registration for apps and websites, are easy to use, work across most of a user’s devices, and even work on other devices within physical proximity.” - FIDO Alliance Most people know what passwords are and have experienced first-hand some of the many issues with them. It’s also a requirement to get cyber insurance.

Passwords 133

Passwords Authentication Insurance Cyber Insurance 133

Adam Levin

JULY 8, 2020

Hackers posing as Coincheck.com employees contacted the company’s customers and requested their account credentials. It should include an inventory of who can access registrar accounts, implementation of two-factor authentication, and password hygiene checks.

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Hacking Retail Cyber Insurance Authentication 130

Duo's Security Blog

OCTOBER 18, 2021

One area where campuses have been collaborating recently are changes around cyber liability insurance for higher education, an opportunity for campus cybersecurity teams to combine forces with their risk management team. In a recent Duo blog post, we gave an overview of cyber liability insurance.

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Insurance Education Risk Cyber Insurance 97

Security Boulevard

MAY 12, 2022

Even with the advancements in network isolation, containment, and prevention at the endpoint, hackers will still bypass predictive controls to execute malware attacks, ransomware exploits, account takeovers.etc. What Is Not Covered Under Cyber Insurance? Below is a list of adaptive controls needed for cyber insurance.

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Cyber Insurance Insurance Marketing Firewall 105

CyberSecurity Insiders

JUNE 22, 2023

Instead, the ransom pay can be covered from a cyber insurance policy, provided it is taken prior to the launch of the attack and covers the costs associated with the malware attack. Notify your bank: Inform your bank about the situation and work with them to protect your accounts and prevent any fraudulent activity.

Ransomware 96

Ransomware Banking Cyber Insurance Insurance 96

eSecurity Planet

MARCH 28, 2023

Applicable Metrics Aruba ClearPass is deployed in high-volume authentication environments (e.g. 10+ million authentications a day) as well as distributed environments requiring local authentication survivability across multiple geographies (e.g. 30 points of presence).

Wireless 118

Wireless Authentication IoT VPN 118

Security Boulevard

OCTOBER 11, 2024

Insight #1: CISOs, you need insurance coverage According to German multinational insurance company Munich Re, the global cyber insurance market is expected to rise from $14 billion to $29 billion by 2027. Insight #3: We should review security policies more often How often are you reviewing your security policies?

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CISO Insurance Cyber Insurance Cybersecurity 64

Security Boulevard

SEPTEMBER 6, 2024

Insight #2: Controls to lower cyber insurance costs The number one thing that should decrease cyber security insurance premiums should be multi-factor authentication. There are definitely other things you can do as outlined here , but MFA is probably the largest factor in preventing account compromise/breach.

CISO 59

CISO Cyber Insurance Insurance Cybersecurity 59

Digital Shadows

NOVEMBER 26, 2024

Key Points Phishing incidents rose during the reporting period (August 1 to October 31, 2024), accounting for 46% of all customer incidents. Cloud services alerts increased by 20% due to rising cloud account usage, while malicious file alerts in phishing attacks remain high, exploiting users’ tendencies to open files.

Cyber Attacks 59

Cyber Attacks Phishing Ransomware Cyber Insurance 59

Webroot

SEPTEMBER 24, 2024

Enable two-factor authentication (MFA) : For added protection, enable two-factor authentication on your accounts. This ensures that even if a hacker gets your password, they can’t access your account without a second step. Cyber insurance might also be worth looking into as an additional safety net.

Cyber threats 114

Cyber threats Small Business Scams Cybercrime 114

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.

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Cyber Insurance Insurance Government Cyber Risk 314

Digital Shadows

JANUARY 14, 2025

To gain access to internal networks, Akira targeted local accounts with disabled multifactor authentication (MFA) and SonicOS firmware versions vulnerable to exploitation, often exposed to the internet for virtual private network (VPN) access. In addition, aligning PowerShell policies with user roles further minimizes abuse.

Ransomware 126

Ransomware Social Engineering Phishing VPN 126

Thales Cloud Protection & Licensing

NOVEMBER 15, 2023

For example, implementing multifactor authentication (MFA) through mobile authenticator apps is impossible in airport areas where smartphones are prohibited. For example, an aircraft tracking app using publicly accessible flight information doesn’t need the same security protocol as an accounts payable app.

Cybersecurity 87

Cybersecurity Authentication Cyber Insurance Digital transformation 87

SecureWorld News

NOVEMBER 22, 2021

If you have cyber insurance, will it cover some or all BEC incidents? Additionally, adding a banner or warning to external emails can make it easier to detect spoofed phishing attempts and enabling Domain-based Message Authentication, Reporting & Conformance (DMARC) can help block some attempts. BEC-IRP Section 5: Recovery.

Scams 98

Scams Cybercrime Accountability Banking 98

Centraleyes

JUNE 11, 2024

Additionally, ensure that updates are authentic and delivered over secure channels to maintain the integrity of software installations. Maintain a list of trusted certificates to validate the authenticity of executable files and scripts. Time is of the essence when it comes to patch management.

Risk 52

Risk Cyber Insurance Insurance Authentication 52

Digital Shadows

OCTOBER 14, 2024

Key Targeted Regions Figure 3: Number of organizations listed on data-leak sites by geography, Q3 2024 As expected, the US accounted for approximately 50% of ransomware victims posted to data-leak sites, while English-speaking countries made up around 70% of posts. However, some cyber insurance policies explicitly forbid ransom payments.

Ransomware 94

Ransomware Social Engineering Insurance Cyber Insurance 94

SC Magazine

MARCH 2, 2021

The Risk Manager program checks for common security practices, things like two-factor authentication, limiting the number of privileged accounts, or not allowing RDP to run amuck. The firms will also allow for a full year of compensation for lost income for a Google Cloud attack, rather than an industry standard 90 to 120 days.

Insurance 75

Insurance Cyber Insurance Risk Media 75

Malwarebytes

SEPTEMBER 30, 2022

Take cyber insurance , for example. Cyber insurance can prevent local governments from having to pay huge out of pocket costs in the event that they’re hit with a cyberattack. Baltimore learned this the hard way. (An

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Government Cybersecurity Cyber Insurance Insurance 69

Malwarebytes

OCTOBER 19, 2022

Use multi-factor authentication. In theory , putting those keys out of reach is easy: You just need all your users to choose strong, unique passwords for every account they use, all the time. That’s where multi-factor authentication (MFA) comes in. Cyber threat hunting for SMBs: How MDR can help.

Passwords 87

Passwords Ransomware Backups Cyber Insurance 87

Daniel Miessler

MARCH 20, 2022

In the next 15-30 years we’ll see a move from wizardry to accounting—and a much more Operational Technology approach to the discipline in general. This will include things like cloud configurations for open protocols, open ports, authenticated entities, encryption at rest, encryption in transit, who is accessing what items, etc.

InfoSec 180

InfoSec Insurance Technology Engineering 180

eSecurity Planet

MARCH 17, 2023

Security Information and Event Management Product Guide Best SIEM Tools & Software Zero Trust As a concept and framework, Zero Trust requires that all users and devices are regularly authenticated and re-authorized before accessing any part of the network.

Network Security 122

Network Security Penetration Testing Firewall Software 122

Security Boulevard

JUNE 27, 2022

43% believe that implementing multifactor authentication (MFA) would have made a difference in preventing breaches. Multifactor authentication jumps to the top of the list. Multifactor Authentication (MFA), in the context of a “mitigation strategy,” jumped to the top of list in preventing breaches. Lax deprovisioning.

Digital transformation 52

Digital transformation Cyber Insurance Authentication Accountability 52

Malwarebytes

JANUARY 15, 2023

As we’ve seen recently, cyber insurance is no guarantee of avoiding a ransomware pitfall either with refusal of payout being decided in a court of law. Ensure your RDP points are locked down with a good password and multi-factor authentication. Rate limiting is a great way to fend off brute force attempts on your login.

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Ransomware Backups Education VPN 93

SecureWorld News

JANUARY 21, 2024

The costs of recovering from such incidents, especially for smaller organizations without cyber insurance, can be devastating. Having basic cyber hygiene Advanced technology is important, but basics like regular data backups, software updates, strong password policies, and multi-factor authentication are fundamental.

Cybersecurity 104

Cybersecurity Backups Cyber threats Software 104

Security Boulevard

JUNE 2, 2022

Ransomware attacks increased by 80% year-over-year, accounting for all ransomware payloads observed in 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. AvosLocker. BlackCat/ALPHV. Key Findings.

Ransomware 105

Ransomware Architecture Manufacturing Encryption 105

Webroot

SEPTEMBER 27, 2024

Enable two-factor authentication (MFA) : For added protection, enable two-factor authentication on your accounts. This ensures that even if a hacker gets your password, they can’t access your account without a second step. Cyber insurance might also be worth looking into as an additional safety net.

Cyber threats 59

Cyber threats Small Business Scams Cybercrime 59

eSecurity Planet

JULY 8, 2022

Cloud Services centrally manages and monitors all accounts, as well as failover in a disaster, without third-party intervention. The Cyber Incident Recovery offering provides immutable and air-gapped backup for data recovery with at least one offline backup copy. Fault-tolerant cloud is available for disaster recovery.

Backups 142

Backups Ransomware Technology Marketing 142

Centraleyes

DECEMBER 19, 2024

Multi-factor Authentication (MFA) and External Access Controls To reduce the risk of unauthorized access to sensitive data, hospitals must implement multi-factor authentication (MFA) for external access to their internal networks. What Are the Implications for Cyber Insurance?

Healthcare 52

Healthcare Cybersecurity Penetration Testing CISO 52

NetSpi Executives

APRIL 27, 2024

Logins without multi-factor authentication. Attempt access to file and SQL servers with privileged accounts. Some can’t afford not to pay, and some are covered by cyber insurance. Enable multi-factor authentication. Should I get a ransomware cyber insurance policy? About 1 in 4 victims pay the ransom.

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

Centraleyes

DECEMBER 16, 2024

Verizons Data Breach Investigations Report showed that 74% of security breaches involve a human element, with system administrators and developers accounting for most of these errors. Insurance Becomes a Necessity The rise of high-profile cyberattacks has led to increased demand for cyber insurance.

Cybersecurity 52

Cybersecurity Insurance Cyber Insurance Risk 52

Digital Shadows

NOVEMBER 26, 2024

Key Points Phishing incidents rose during the reporting period (August 1 to October 31, 2024), accounting for 46% of all customer incidents. Cloud services alerts increased by 20% due to rising cloud account usage, while malicious file alerts in phishing attacks remain high, exploiting users’ tendencies to open files.

Cyber Attacks 52

Cyber Attacks Phishing Ransomware Cyber Insurance 52

eSecurity Planet

APRIL 26, 2022

Also read : Top Cyber Insurance Companies. VCs are ultimately accountable to the wishes of their GPs and LPs and not afraid to make decisions to their benefit. Sequoia Capital. Sequoia Capital is arguably the top VC in cybersecurity, with five decades of experience investing in some of the biggest names in IT.

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Cybersecurity Technology Marketing Healthcare 130

Spinone

OCTOBER 13, 2020

In fact, one report shows that business email compromises are 23% of cyber insurance claims. If RDP connections exposed to the Internet are required, make sure RDP servers are patched, use two-factor authentication to authenticate to RDP, and restrict access as much as possible via network or other means.

Ransomware 52

Ransomware Backups Data breaches Encryption 52

ForAllSecure

MAY 30, 2023

However, the rank and file of Conti were in Ukraine, had a different opinion, and decided to speak up against Conti in and in favor of Ukraine in a Twitter account named Conti Leaks. The account owner wrote: “My comments are coming from the bottom of my heart which is breaking over my dear Ukraine and my people. By no means.

Ransomware 40

Ransomware Encryption Authentication Backups 40

Duo's Security Blog

JUNE 21, 2021

Don’t worry though, there's already an insurance policy for that. What is Cyber Liability Insurance? Cyber liability insurance, sometimes known as cyber insurance, is distinct from traditional commercial general liability and property insurance policies.

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Insurance Cyber Insurance Data breaches Social Engineering 105