Duo's Security Blog

DECEMBER 7, 2022

The state of cyber liability insurance The topic of cyber liability insurance is full of datapoints, statistics and graphs all showing upward trajectories. What are you doing about backups? For more on this take a look at our guide: How Cyber Insurance Can Be a Lifeline in Today’s Evolving Threat Landscape.

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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 304

Security Boulevard

JUNE 23, 2022

In just a few years, cyber has transformed from the nerd in the corner into the Kim Kardashian of risk. businesses can be built on, and destroyed by, cyber risk. Cyber risk is seen as an IT issue, but our research shows that 90 per cent of incidents leading to cyber insurance claims resulted from human behaviour.

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Security Boulevard

MAY 17, 2023

His name is Omar Masri and he's a software engineer and also the founder and CEO of Mamari.io, which helps businesses overcome the cost and complexities of cybersecurity, preventing attacks while meeting compliance and cyber insurance requirements. But actually, the biggest change is actually how risk was assessed in cybersecurity.

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Hacking Insurance Small Business Cybersecurity 52

Digital Shadows

NOVEMBER 26, 2024

Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance. Mitigations To minimize the risk of ransomware, organizations should adopt a multi-layered defense strategy.

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Pen Test

OCTOBER 10, 2023

Sopra Steria - One of the Largest Reported Ransoms Europe's major IT services firm Sopra Steria was breached in October 2020 by the Ryuk gang, with extensive backups preventing major disruption. Keep backups completely isolated and air-gapped offline to prevent malware from infecting those too. Use immutable object storage for backups.

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Cisco Security

MARCH 22, 2022

Left of Boom refers to actions you can take to protect your organization before a cyber incident. It includes the following advice: Have visibility and control of all assets and actionable metrics to measure cyber risk. Backup all critical data at least daily. Cyber insurance is not the answer!

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Digital Shadows

NOVEMBER 26, 2024

Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance. Mitigations To minimize the risk of ransomware, organizations should adopt a multi-layered defense strategy.

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Cyber Attacks Phishing Ransomware Cyber Insurance 52

Adam Levin

MARCH 2, 2020

Bear in mind that your data backups will be of no use if they are also encrypted by a ransomware attack, so keep them stored separately and offline. If your company already has cyber insurance coverage, consider increasing it. Don’t be the next Heritage Company.

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Cyber threats Ransomware Encryption Insurance 215

SecureWorld News

MARCH 5, 2025

The impact will be felt well beyond the involved countries of Canada, USA, Mexico, and China," said Kenrick Bagnall , Founder, KONCYBER & RB-Cyber Assurance; Royal Candian Mounted Police (RCMP) Contractor/Instructor; Toronto Police Service (Cybercrime Unit) (Ret.). " These tariffs will create real cyber risks.

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Cyber Risk Risk Small Business Cyber Insurance 108

Krebs on Security

MARCH 4, 2022

But if you have information about their cyber insurance and maybe they have a lot of money in their account, I need a bank payout, then I can bargain. For now, take a look at the documents and see if there is insurance and bank statements.” “They are insured for cyber risks, so what are we waiting for?”

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