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CyberSecurity Is Not Enough: Businesses Must Insure Against Cyber Losses

Joseph Steinberg

And even relatively rich organizations may fail altogether if they suffer the reputational harm that follows multiple serious cyber-incidents. iBynd also has a first-of-its-kind Personal Cyber Insurance offering that it delivers directly to consumers through CyberInsurancePlus.com.

Insurance 364
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Empowering Boards for Cybersecurity Incidents

SecureWorld News

A 2022 PwC study found that 59% of directors admitted their board is not very effective in understanding the drivers and impacts of cyber risks for their organization, emphasizing the critical role of board members in these moments. Duty of Loyalty : Prioritizing the organization's interests over any personal gains.

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Your Ultimate Guide to NIS2 Compliance: Key Steps and Insights

Heimadal Security

The NIS2 Directive is a pivotal regulation aimed at enhancing cybersecurity within critical sectors across the European Union. With its stringent requirements for managing cyber risks, securing supply chains, and reporting incidents, its essential for organizations to ensure compliance.

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Cybersecurity Governance: The Road Ahead in an Era of Constant Evolution

SecureWorld News

Cybersecurity governance has undergone a dramatic transformation over the past few decades. We have moved beyond traditional compliance-driven security models to risk-based approaches, integrating cybersecurity into enterprise risk management (ERM) frameworks. But the question remains: where are we headed?

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Axio Joins with Cyber Risk Institute to Deliver Cybersecurity Resilience to Financial Services Institutions Across the Globe

Security Boulevard

New York, NY and Washington, DC — February 2, 2022 — Axio, a leading SaaS provider of cyber risk management and quantification solutions, today announced a new joint initiative with the Cyber Risk Institute (CRI), a non-profit coalition of financial institutions and trade associations.

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Forrester Report Highlights Cyber Risk Quantification (CRQ) for Smart Security Decisions

Security Boulevard

With aggressive changes in the digital and technical risk landscape, making decisions around cybersecurity spending has become one of the biggest challenges to business leaders. Read article > The post Forrester Report Highlights Cyber Risk Quantification (CRQ) for Smart Security Decisions appeared first on Axio.

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3 ways to speak the board's language around cyber risk

CSO Magazine

The more digital the business becomes, the more cybersecurity becomes an existential issue to address, impacting the competitiveness, continuity, reliability, and overall trust of the enterprise. To read this article in full, please click here (Insider Story)