eSecurity Planet

APRIL 22, 2022

That’s where cyber insurance may be able to help. For that reason, most experts now recognize that a complete cybersecurity strategy not only includes technological solutions aimed at preventing, detecting, and mitigating attacks, it should also include cyber insurance to help manage the associated financial risks.

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Cyber Insurance Insurance Marketing Small Business 119

CSO Magazine

APRIL 20, 2023

Cyber insurance provider At-Bay has announced the launch of a new InsurSec solution to help small-to-mid sized businesses (SMBs) improve their security and risk management postures through their insurance policy. The emergence of InsurSec technology reflects a cyber insurance landscape that has seen significant change recently.

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Cyber Insurance Insurance Risk CISO 105

Security Boulevard

JULY 26, 2024

TL;DR: Cyber liability insurance is essential, but premiums are increasing, and numerous exclusions exist. Why Do Organizations Need Cyber Liability Insurance? Cyber liability insurance has become an important component of every organization’s cyber strategy.

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Cyber Insurance Insurance Risk CISO 80

Security Boulevard

NOVEMBER 12, 2021

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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Cisco Security

SEPTEMBER 28, 2022

Lloyds of London have recently published a Market Bulletin 1 addressing the wording of cyber insurance policies to exclude losses arising from: “ state backed cyber-attacks that (a) significantly impair the ability of a state to function or (b) that significantly impair the security capabilities of a state. ”.

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Cyber Insurance Insurance CISO Cyber Attacks 112

Security Boulevard

JUNE 1, 2022

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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Cyber Insurance Insurance Cyber Risk Risk 72

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.

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Threatpost

JULY 12, 2022

Chris Hallenbeck, CISO for the Americas at Tanium, discusses the impact of geopolitical conflict on the cybersecurity insurance market.

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Insurance Cyber Insurance CISO Marketing 60

Security Boulevard

APRIL 28, 2022

The post Cyber Insurance: What to Know for 2022 and Beyond appeared first on Hyperproof. The post Cyber Insurance: What to Know for 2022 and Beyond appeared first on Security Boulevard.

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Cyber Insurance Insurance Cybersecurity Data privacy 52

Security Boulevard

APRIL 28, 2023

It’s as bad as charging more for SSO if you are charging more for logs." Insight #3 "Having good cyber insurance is another layer of the security onion that organizations should be taking advantage of. Adding cyber insurance makes you much more prepared if a cyber disaster were to occur."

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CISO Cyber Insurance Insurance Cybersecurity 105

Security Boulevard

JUNE 16, 2023

Insight #1 " Cyber insurance premiums have skyrocketed (50%) because of ransomware, and there is no end in sight. The post Cybersecurity Insights with Contrast CISO David Lindner | 6/16 appeared first on Security Boulevard.

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CISO Cyber Insurance Insurance Cybersecurity 105

Dark Reading

MAY 30, 2019

The reality for business owners and CISOs looking to protect their business from a cyberattack is that cyber insurance is not a catchall for protecting against risk and loss.

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Cyber Insurance Insurance CISO Risk 71

Security Boulevard

JANUARY 20, 2023

Insight #2 " New this week was the release of a $45 million cyber catastrophe bond targeted at an extreme loss (up to $300 million) in a cyber breach. It is yet another level in cyber insurance. The post Cybersecurity Insights with Contrast CISO David Lindner | 1/20 appeared first on Security Boulevard.

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CISO Cyber Insurance Insurance Cybersecurity 75

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.

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CISO Cyber Insurance Insurance Cybersecurity 59

Cisco Security

JANUARY 10, 2023

In my role, I regularly engage with CISOs in all kinds of sectors, representatives at industry bodies, and experts at analyst houses. This gives me an invaluable macroview not only of how the last 12 months have affected organizations and what CISOs are thinking about, but also how the upcoming year is shaping up.

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The Hacker News

OCTOBER 24, 2022

Virtual Chief Information Security Officer (vCISO) services (also known as 'Fractional CISO' or 'CISO-as-a-Service') are growing in popularity, especially as growing cyber threats, tightening regulatory demands and strict cyber insurance requirements are driving small to medium-sized enterprises demand for strategic cybersecurity and compliance guidance (..)

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The Hacker News

JULY 21, 2022

Growing cyber threats, tightening regulatory demands and strict cyber insurance requirements are driving small to medium-sized enterprises demand for strategic cybersecurity and compliance guidance and management. Yet current vCISO services models still rely on manual

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CISO Cyber Insurance Insurance Cyber threats 88

CSO Magazine

JULY 20, 2021

In March 2021 Google Cloud announced a new offering called Risk Protection Program, which is designed to help its cloud customers reduce security risk and connect with Google’s insurer partners, Allianz Global Corporate & Specialty and Munich Re. To read this article in full, please click here (Insider Story)

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Cyber Insurance Insurance CISO Risk 137

SC Magazine

FEBRUARY 8, 2021

Every time a driver buckles up or an airbag is deployed we see the powerful influence of the insurance companies who insisted those measures become mandatory. Now, those insurers are poised to drive cybersecurity investment by insisting that organizations meet certain criteria to qualify for coverage. A maturing model.

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Insurance Cyber Insurance Cybersecurity Government 126

Duo's Security Blog

OCTOBER 18, 2022

Tune into our upcoming webinar, “ Don’t Bet on Passwords, Use MFA to Insure Your Protection ,” to hear from Wolfgang Goerlich, an advisory CISO at Cisco Secure Access by Duo, an Matt Brooks, a Duo Product Marketing specialist. trillion USD annually by 2025?

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Insurance Passwords Cyber Insurance Authentication 61

Dark Reading

JUNE 10, 2022

Cloud migration, DevSecOps, cyber insurance, and more have emerged as important motivators for cybersecurity investment and focus.

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Cloud Migration Cyber Insurance CISO Insurance 95

Security Boulevard

NOVEMBER 1, 2022

CISOs continue to face an uphill battle, and one of their biggest headaches is where to focus cyber investments. Solving distinctly separate challenges like cyber insurance, compliance and regulations, and visibility for the board is an overwhelming task, but what if you could solve these issues with a single solution?

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Cyber Risk Risk Cyber Insurance Insurance 86

The Hacker News

FEBRUARY 14, 2023

From a cyber risk perspective, attacks on data are the most prominent threat to organizations. Regulators, cyber insurance firms, and auditors are paying much closer attention to the integrity, resilience, and recoverability of organization data – as well as

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Cyber Insurance Backups CISO Insurance 84

Duo's Security Blog

JUNE 9, 2022

As an advisory CISO and part of Cisco’s strategy group, an essential part of my role is talking to CISOs from every kind of organization. From these conversations, it is clear cyber liability insurance is steadily rising to the top of the agenda, due to the sheer amount and scale of cyber-attacks hitting firms.

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Insurance Marketing CISO Cyber Insurance 76

Security Boulevard

NOVEMBER 3, 2022

What Cybersecurity Needs To Know About Segregation Of DutiesCybersecurity has moved to the top of the list of priorities of CISOs and not just because of the astronomical cost of cyber insurance. The post Cyber Security and Segregation of Duties appeared first on SafePaaS.

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Security Boulevard

JULY 30, 2021

The post CISO Stories Podcast: Ransomware Attacks and the True Cost to Business appeared first on Security Boulevard.

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Security Boulevard

JULY 12, 2021

The post CISO Roundtable: Ransomware Attacks and the True Cost to Business appeared first on Security Boulevard.

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CISO Ransomware Cyber Insurance Insurance 59

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.

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Insurance Education Risk Cyber Insurance 77

CyberSecurity Insiders

SEPTEMBER 13, 2022

The survey conducted financial risks evaluator Kroll states that in the past few months, beginning this year of 2022, over 71% of organizations suffered over 5 million financial losses that emerged from cyber risks and 33% of them suffered repetitive incidents. So, how CFOs should respond to such situations?

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Cyber Risk Risk Cyber Insurance Insurance 131

Security Boulevard

JANUARY 9, 2023

Cybersecurity budgets under pressure…regulators tightening risk disclosure rules.breakdown in the cyber insurance market. As 2022 ended, a series of trends lined up that will set the agenda in 2023 for cyber risk and security leaders.

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Cyber Risk Risk Cyber Insurance Insurance 52

SecureWorld News

NOVEMBER 2, 2022

He helps senior decision makers overcome cybersecurity sales objections and manages unlimited cyber risks through rigorous prioritization. In the private sector, he was a CISO for an insurance company, credit card processor, bank, credit union, and IT Managed Service Provider. See the conference agenda and register here.

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Cybersecurity Cyber Insurance Insurance Cyber Risk 90

Security Boulevard

AUGUST 22, 2022

Even with ransomware costing billions of dollars in losses and cyber insurance claims, organizations are still impacted beyond the checkbook. These attacks have driven the cost of cyber insurance premiums higher. Cyber insurance has become more critical to organizations to help offset the risk to the company.

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Cybersecurity Cyber Insurance Insurance CISO 98

CyberSecurity Insiders

DECEMBER 18, 2022

A look ahead to 2023 we can expect to see changes in MFA, continued Hactivism from non-state actors, CISOs lean in on more proactive security and crypto-jackers will get more savvy. 5 – Recession requires CISOs to get frank with the board about proactive security. By Marcus Fowler, CEO of Darktrace Federal.

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Cybersecurity CISO Insurance Ransomware 125

Security Affairs

OCTOBER 30, 2023

If you want to remain proactive about new threats, you need to learn from the experts in the trenches: hackers,” said Chris Evans, HackerOne CISO and Chief Hacking Officer. . “Organizations are under pressure to adopt GenAI to stay ahead of competitors, which, in turn, is transforming the threat landscape.

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Cyber Insurance Hacking Insurance CISO 136

Andrew Hay

JULY 26, 2018

Though the breaches are concerning, the real story is that the financial institution suing its insurance provider for refusing to fully cover the losses. This, unfortunately, is the nature of insurance. Cyber security insurance cannot and should not, however, be viewed as your primary means of defending against an attack.

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Insurance Computers and Electronics Banking Cybercrime 45

Security Affairs

OCTOBER 20, 2024

CISA adds Fortinet products and Ivanti CSA bugs to its Known Exploited Vulnerabilities catalog Nation-state actor exploited three Ivanti CSA zero-days Dutch police dismantled dual dark web market ‘Bohemia/Cannabia’ macOS HM Surf flaw in TCC allows bypass Safari privacy settings Iran-linked actors target critical infrastructure organizations (..)

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Data breaches Cybercrime Cyber Insurance Marketing 117

Security Boulevard

JUNE 23, 2022

The World Economic Forum’s Global Risks Report has consistently ranked cyber attacks among the top seven risks facing the planet in terms of likelihood and impact, while high-profile CEOs including Warren Buffett of Berkshire Hathaway and Jamie Dimon of JPMorgan Chase see them as the number-one threat to business. 2 Talk to your CISO.

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Insurance Cyber Risk CISO Cyber Insurance 52