Thales Cloud Protection & Licensing

MAY 10, 2022

Checklist for Getting Cyber Insurance Coverage. As cyber criminals mature and advance their tactics, small and medium businesses become the most vulnerable because they lack the capacity – staff, technology, budget - to build strong cyber defenses. The necessity for cyber-insurance coverage.

Cyber Insurance 77

Cyber Insurance Insurance Cyber Risk Cyber Attacks 77

Security Boulevard

AUGUST 20, 2021

Cyber insurance is driving a long overdue improvement in user access security. Multi-factor authentication (MFA) is fast becoming a requirement for all privilege and non-privilege accounts, whether users are working on the internal network or remotely. It seems insurers … Continued.

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Insurance Cyber Insurance Authentication Network Security 116

Duo's Security Blog

OCTOBER 7, 2022

In this blog, we explain why it makes sense for these firms to work with managed service providers (MSPs) to help bolster their security posture and increase their chances of getting cyber liability insurance cover as insurers continue to raise the bar. Small business cyber insurance: Is it really needed?

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Small Business Cyber Insurance Insurance Cyber Risk 98

Duo's Security Blog

FEBRUARY 4, 2025

With the rate that new threats emerge, it may come as no surprise that cyber liability insurance can be traced back to 1997. In its modern iteration, cyber liability insurance mitigates the losses and business costs associated with cyber incidents and resulting downtime. What would an insurer do?

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Cyber Insurance Insurance Authentication Risk 64

SecureWorld News

SEPTEMBER 10, 2020

Trends of cyber insurance claims for 2020. Coalition, a cyber insurance company, recently released a report detailing the categories of cyber attacks as well as the cause behind the attacks for the first half of 2020. 4 key takeaways from cyber insurance industry report. Cyber insurance works.

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Cyber Insurance Insurance Ransomware Cyber Attacks 64

Hacker's King

DECEMBER 24, 2024

Companies will adopt stricter identity verification and access controls, ensuring that even internal users face rigorous authentication processes. Expansion of Cyber Insurance As cyberattacks grow in frequency and scale, the demand for cyber insurance will surge.

Cybersecurity 59

Cybersecurity Cyber Insurance IoT Insurance 59

Centraleyes

DECEMBER 16, 2024

By focusing on identity and access management (IAM), multi-factor authentication (MFA), and micro-segmentation, ZTA provides a robust defense against modern threats. Insurance Becomes a Necessity The rise of high-profile cyberattacks has led to increased demand for cyber insurance.

Cybersecurity 98

Cybersecurity Insurance Cyber Insurance Technology 98

Security Boulevard

SEPTEMBER 1, 2022

Last year, HYPR reported that many cyber insurers now require organizations to adopt multi-factor authentication. The growing demand for cyber liability insurance, the increasing number of claims and a spike in claim severity have prompted underwriters to scrutinize an organization’s security controls more closely.

Cyber Insurance 52

Cyber Insurance Insurance Authentication Risk 52

CSO Magazine

JANUARY 13, 2023

The Royal ransomware group is believed to be actively exploiting a critical security flaw affecting Citrix systems, according to the cyber research team at cyber insurance provider At-Bay. To read this article in full, please click here

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Cyber Insurance Ransomware Insurance Authentication 129

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.

Insurance 97

Insurance Education Risk Cyber Insurance 97

Duo's Security Blog

DECEMBER 7, 2022

Much has been published about how the demand — and subsequent cost — for cyber liability insurance has skyrocketed in line with increasing incidents of cyberattacks. The state of cyber liability insurance The topic of cyber liability insurance is full of datapoints, statistics and graphs all showing upward trajectories.

Insurance 98

Insurance Cyber Insurance Ransomware Risk 98

Duo's Security Blog

OCTOBER 18, 2022

A password manager can go a long way in helping to simplify that process, but multi-factor authentication (MFA) security can help even more. Our experts will discuss the risks posed by passwords, what cyber insurers require to protect organizations, and how MFA can meet both of those needs. trillion USD annually by 2025?

Insurance 64

Insurance Passwords Cyber Insurance Authentication 64

Cisco Security

JANUARY 10, 2023

As a result of this, next year we could see CISOs tightening up the disclosure decision making process, focusing on quicker and greater clarity on breach impact, and even looking to include personal liability cover in cyber insurance contracts. Increasing demands from insurers. Getting the basics right. Third party dependency.

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CISO Insurance Cyber Insurance Phishing 142

Security Boulevard

MAY 11, 2022

Buying a cyber risk insurance program can help outsource residual risk, and deploying multi-factor authentication is […]… Read More. The post Multi-Factor Authentication: A Key to Cyber Risk Insurance Coverage appeared first on The State of Security. However, cybersecurity is not bullet-proof.

Cyber Risk 52

Cyber Risk Insurance Authentication Risk 52

The Last Watchdog

DECEMBER 18, 2024

Tech companies are adopting cybersecurity by design, embedding encryption, biometrics, and multi-factor authentication into products. Krull Jeff Krull , cybersecurity practice leader, Baker Tilly In 2025, stronger regulations like GDPR and CCPA, along with advancements in security technology, will enhance consumer device protection.

Cybersecurity 130

Cybersecurity CISO Risk Government 130

SC Magazine

MARCH 2, 2021

Google Cloud, Munich Re and Allianz are working together to turn risk data into better insurance policies. Customers on Google Cloud are now able to use a diagnostic tool called “Risk Manager” to evaluate cyber hygiene. Parisi said it would also allow insurers to be more transparent with clients about their calculations.

Insurance 75

Insurance Cyber Insurance Risk Media 75

SecureWorld News

AUGUST 21, 2020

The end result was hefty payment: "After careful consideration, the university decided to work with its cyber insurance provider to pay a fee to the ransomware attacker. It had cyber insurance: "The university’s cyber insurance policy paid part of the ransom, and the university covered the remainder.

Ransomware 97

Ransomware Cyber Insurance Insurance Backups 97

Malwarebytes

FEBRUARY 26, 2023

Last week on Malwarebytes Labs: GoAnywhere zero-day opened door to Clop ransomware Chip company loses $250m after ransomware hits supply chain GoDaddy says it's a victim of multi-year cyberattack campaign Twitter and two-factor authentication: What's changing?

Cyber Insurance 93

Cyber Insurance Insurance Authentication Healthcare 93

Duo's Security Blog

NOVEMBER 19, 2024

The rise of multi-factor authentication (MFA) has been good for security. The merits of MFA have been so widely accepted that governments recommend it, cyber insurance providers often require it, and companies like Microsoft and Google are now mandating MFA for a variety of login use cases.

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Authentication Cyber Insurance Insurance Passwords 111

Security Boulevard

MAY 12, 2022

The Role Of Cybersecurity Insurance In A Predictive Security. Cybersecurity insurance in recent years has become a modern day stopgap for corporations looking to offset their losses for attacks. What Is Not Covered Under Cyber Insurance? Below is a list of adaptive controls needed for cyber insurance.

Cyber Insurance 105

Cyber Insurance Insurance Marketing Firewall 105

Malwarebytes

JULY 5, 2021

Other cybersecurity news.

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Cyber Insurance Social Engineering Scams Insurance 108

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. Cyber insurance: whisper it, but it seems to be working Cyber insurance premiums have dropped by 15 per cent compared to their peak in 2022. Links we liked Google Maps for security?

Cyber Insurance 69

Cyber Insurance Insurance Risk Marketing 69

Duo's Security Blog

SEPTEMBER 1, 2023

Remote Users The web authentication process begins when the remote user wants to connect to an application. Users need to be trained since they’re a new way of authentication, but typically users can enroll or manage them through a UI-driven workflow by themselves. It’s also a requirement to get cyber insurance.

Passwords 133

Passwords Authentication Insurance Cyber Insurance 133

Schneier on Security

FEBRUARY 28, 2024

In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after the devastating NotPetya cyberattack in 2017. The 9/11 attacks cost insurers and reinsurers $47 billion. 11, 2001, terrorist attacks.

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Cyber Insurance Insurance Government Cyber Risk 305

Malwarebytes

FEBRUARY 3, 2023

Keeping the enemy at the gate The video finishes with a run through some of the ways organisations can avoid the perils of ransomware, and the realisation that cyber insurance may not solve every problem.

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Ransomware Cyber Insurance Insurance Encryption 97

eSecurity Planet

OCTOBER 5, 2021

We should use multi-factor authentication. Paying for internal assessments and penetration tests by a third party can provide fresh thinking and a level of assurance for stakeholders such as customers, the board of directors, and the insurance company that wrote our cyber insurance policy. We should encrypt data at rest.

Ransomware 132

Ransomware Backups Insurance Cyber Insurance 132

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

Duo's Security Blog

NOVEMBER 3, 2023

Single sign-on (SSO) and multi-factor authentication (MFA) are now required for most compliance programs and cyber insurance policies, and the Cisco Duo secure access solution is a go-to for adding these critical security capabilities to modern SaaS applications that natively support SSO protocols (e.g., SAML , OIDC ).

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Cyber Insurance Insurance Authentication Architecture 78

CyberSecurity Insiders

DECEMBER 18, 2022

It wasn’t just the recent Uber attack in which the victim’s Multi-Factor Authentication (MFA) was compromised; at the core of the vast majority of cyber incidents is the theft and abuse of legitimate credentials. 2 – Continued ‘hacktivism’ from non-state actors complicates cyber attribution and security strategies.

Cybersecurity 125

Cybersecurity CISO Insurance Ransomware 125

Daniel Miessler

MARCH 20, 2022

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. HT to Jeremiah Grossman to also being very early to seeing the role of insurance in InfoSec. Insurance companies. Introduction. Org Structure.

InfoSec 180

InfoSec Insurance Technology Engineering 180

Malwarebytes

SEPTEMBER 14, 2022

Two-factor authentication (2FA) is a cost-effective option for SMBs. ” Read more: Understanding the basics of two-factor authentication. Bonus: Cyber insurance. Without cyber insurance, you can expect to pay a dizzying amount of cash. Read more: 4 ways businesses can save money on cyber insurance.

Technology 80

Technology DNS Cyber Insurance Insurance 80

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. Nope, says a renowned international bank from UK. Enhance security measures: Strengthen your security measures to prevent future attacks.

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Ransomware Banking Cyber Insurance Insurance 96

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. It's called application detection and response (ADR) and you need it.

CISO 59

CISO Cyber Insurance Insurance Cybersecurity 59

Adam Levin

JULY 8, 2020

It should include an inventory of who can access registrar accounts, implementation of two-factor authentication, and password hygiene checks. Industry-level protections such as Domain-based Message Authentication, Reporting & Conformance (DMARC) should also be put in place.

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Hacking Retail Cyber Insurance Authentication 130

Hacker Combat

JULY 31, 2020

Carry Cyber Insurance. This makes carrying a cyber insurance policy with a reputable carrier a good idea. In addition to providing vital financial assistance in the wake of a data breach, cyber insurers scrutinize your security arrangements before agreeing to issue a policy.

Cybersecurity 69

Cybersecurity Cyber Insurance Insurance Data breaches 69

Security Affairs

FEBRUARY 25, 2024

Disrupt LockBit Ransomware Variant Reward Offers for Information on LockBit Leaders and Designating Affiliates Darknet Drug Dealers Arrested After Packages of Meth-Laced Adderall Repeatedly Returned to Sender LockBit ransomware gang has over $110 million in unspent bitcoin Malware Anatsa Trojan Returns: Targeting Europe and Expanding Its Reach Migo (..)

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Spyware Cyber Insurance Hacking Advertising 128

Security Boulevard

FEBRUARY 8, 2023

Click here to watch the roundtable and learn about the future of cyber insurance from leading experts. In partnership with Cysurance, BlastWave hosted a roundtable entitled “The Future of Cyber Insurance and MSP Insurability. The expert panelists held an honest discussion about insurability difficulties for MSPs.

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Cyber Insurance Insurance Marketing Risk 52