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Scant evidence that cyber insurance boom is leading to better security

SC Magazine

The rise of the cyber insurance has largely failed to promote better cybersecurity practices among the industries they cover, according to a new report released Monday from British security think tank RUSI. Photo by Spencer Platt/Getty Images). But recent research shows that’s not happening.

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2023 Predictions for Storage and Backup Ransomware

CyberSecurity Insiders

By Doron Pinhas, Chief Technology Officer, Continuity. 2022 clearly demonstrated that attacks on data represent the greatest cyber-threat organizations face. Many of these attacks took advantage of known vulnerabilities and security misconfigurations in storage and backup systems. Slow Gains on Storage and Backup Security.

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Ransomware: Number One Cyber Insurance Claim

SecureWorld News

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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How One Company Survived a Ransomware Attack Without Paying the Ransom

eSecurity Planet

Cyber Insurer Provides Help. As Spectra Logic had the foresight to take out cyber insurance , Chubb representatives were professional and helpful, according to Mendoza. Also read: Top 8 Cyber Insurance Companies for 2022 Best Ransomware Removal and Recovery Services. Most had been infected. Lessons Learned.

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Verizon's 2025 DBIR: Threats Are Faster, Smarter, and More Personal

SecureWorld News

Apart from the usual security awareness, which must focus on how the actual technology does not provide multiple error messages the users must restart their authentication, trigger a password reset, and change account security questions, when flooded with requests, no matter how bothersome they are.

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Healthcare Cybersecurity Market Soars: Key Trends and Insights

SecureWorld News

Many healthcare providers now undergo annual security audits and risk assessments as required by regulators or cyber insurance providers. healthcare organizations in particular face strict breach notification laws and insurer requirements, which has led to high levels of security investment and r outine audits (most U.S.

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Best Disaster Recovery Solutions for 2022

eSecurity Planet

Ransomware has now emerged as one of the key reasons to have a DR plan and DR technology in place. But it also requires software to orchestrate data movement, backup and restore technology to ensure a current copy of data is available, and the ability to recover systems and data rapidly.

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