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Unlock Savings: The Impact of Strong Passwords To Reduce Cyber Insurance Costs for Businesses

Cytelligence

To mitigate these risks, businesses often invest in cyber insurance. However, there is a powerful and cost-effective tool that businesses can utilize to reduce their cyber insurance costs: strong passwords. They serve as a virtual key to access important systems, accounts, and confidential information.

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RSAC Fireside Chat: Start-up Anetac rolls out a solution to rising ‘service accounts’ exposures

The Last Watchdog

From MFA to biometrics, a lot has been done to reinforce user ID and password authentication — for human users. Service accounts have multiplied exponentially in recent years and become a prime target of threat actors, since little has been done to beef up protection. LW provides consulting services to the vendors we cover.)

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RockYou2024: Nearly 10 Billion Passwords Exposed in Data Leak

Identity IQ

RockYou2024: Nearly 10 Billion Passwords Exposed in Data Leak IdentityIQ In a cybersecurity incident that has sent shockwaves through the online community, nearly 10 billion unique passwords have been exposed in the “RockYou2024” data breach. billion passwords. .” billion passwords. The additional 1.5

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Hacked Data Broker Accounts Fueled Phony COVID Loans, Unemployment Claims

Krebs on Security

A group of thieves thought to be responsible for collecting millions in fraudulent small business loans and unemployment insurance benefits from COVID-19 economic relief efforts gathered personal data on people and businesses they were impersonating by leveraging several compromised accounts at a little-known U.S.

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BlindEagle Targets Colombian Insurance Sector with BlotchyQuasar

Security Boulevard

This specific folder is under the ownership of a compromised account belonging to a regional government organization in Colombia. Figure 2: Example BlindEagle phishing email spoofing DIAN with a PDF attachment and malicious link in the email body.The download URL directs the victim to a password-protected ZIP archive.

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CIAM in insurance: A unified, secure user experience with a single login

Thales Cloud Protection & Licensing

CIAM in insurance: A unified, secure user experience with a single login madhav Fri, 05/26/2023 - 07:33 In recent years, the insurance industry has transformed from a singularly focused entity to a multi-brand or multi-service type of business. Adding value to the user experience (a top priority for 59% of insurers) 2.

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4 ways businesses can save money on cyber insurance

Malwarebytes

Without cyber insurance , you can expect to pay a dizzying amount of cash. In 2022 alone, the average cost of a data breach for businesses under 1,000 employees was close to $3 million—and these costs are coming from activities that cyber insurers typically cover, such as detecting and responding to the breach. Fixed rate.