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Cyber Insurance and the Attribution Conundrum

Cisco Security

Lloyds of London have recently published a Market Bulletin 1 addressing the wording of cyber insurance policies to exclude losses arising from: “ state backed cyber-attacks that (a) significantly impair the ability of a state to function or (b) that significantly impair the security capabilities of a state. ”.

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Top 8 Cyber Insurance Companies for 2022

eSecurity Planet

That’s where cyber insurance may be able to help. For that reason, most experts now recognize that a complete cybersecurity strategy not only includes technological solutions aimed at preventing, detecting, and mitigating attacks, it should also include cyber insurance to help manage the associated financial risks.

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LW ROUNDTABLE: Compliance pressures intensify as new cybersecurity standards take hold

The Last Watchdog

Balonis Frank Balonis , CISO, Kiteworks By 2025, 75% of the global population will be protected under privacy laws, including U.S. Similarly, software bills of materials (SBOMs) underscore the need for better accountability in third-party software.

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Security Affairs newsletter Round 494 by Pierluigi Paganini – INTERNATIONAL EDITION

Security Affairs

CISA adds Fortinet products and Ivanti CSA bugs to its Known Exploited Vulnerabilities catalog Nation-state actor exploited three Ivanti CSA zero-days Dutch police dismantled dual dark web market ‘Bohemia/Cannabia’ macOS HM Surf flaw in TCC allows bypass Safari privacy settings Iran-linked actors target critical infrastructure organizations (..)

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Cybersecurity Insights with Contrast CISO David Lindner | 10/11/24

Security Boulevard

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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Cybersecurity Insights with Contrast CISO David Lindner | 9/6/24

Security Boulevard

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.

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Safety first: Will insurance companies stall or accelerate cybersecurity progress?

SC Magazine

But when it comes to cybersecurity coverage, the relationship between enterprises and insurers has been rocky and uncertain. . The relationship between enterprises and insurers, like the cyber insurance market itself, is evolving. That’s quite the incentive for insurers to assert themselves in this market.

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