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Is it Time to Update Your Cyber Insurance Strategy?

Security Boulevard

In 2021, rethinking your cyber insurance strategy should be a top priority for CISOs and executive leadership. The elevated risk landscape is driving growing demand for cyber insurance: Nearly four out of five organizations. The post Is it Time to Update Your Cyber Insurance Strategy?

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Are Cyber Insurers Cybersecurity’s New Enforcers?

Security Boulevard

The post Are Cyber Insurers Cybersecurity’s New Enforcers? That means cyberattacks targeting enterprises and individuals are happening at a rate of about one attack every few seconds. The average ransom payment made by a business to. appeared first on Security Boulevard.

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The Cyber Insurance Landscape Has Grown More Complicated

SecureWorld News

When considering adding a cyber insurance policy, organizations, both public and private, must weigh the pros and cons of having insurance to cover against harm caused by a cybersecurity incident. Having cyber insurance can help ensure compliance with these requirements. Can companies live without cyber insurance?

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Cyber Insurance Costs Soaring: Is Your Organization Covered Enough?

SecureWorld News

In this digital battlefield, cyber insurance has emerged as a crucial shield, offering financial protection against data breaches, ransomware attacks, and other cyber incidents. This rapid ascent begs the question: what's driving the price hike, and are businesses fully prepared for the escalating cost of cyber defense?

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Two Tools from RiskLens for Defensive Cyber Insurance Shopping

Security Boulevard

cyber insurance carriers in 2021 rose 92% year-over-year, largely in response to a surge in ransomware. Cyber risk insurers are also declining coverage to companies with substandard cybersecurity controls, as well as changing the fine print for sublimits to reduce coverage for types of losses one by one.

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Local government cybersecurity: 5 best practices

Malwarebytes

It seems like not a day goes by where we don’t hear about a local government cyberattack. Indeed, from 911 call centers to public schools , cyberattacks on local governments are as common as they are devastating. Just how often do threat actors attack local governments? Take cyber insurance , for example.

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Cybersecurity Insights with Contrast CISO David Lindner | 9/6/24

Security Boulevard

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.

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