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.

CISO 142

CISO Insurance Cyber Insurance Phishing 142

SecureWorld News

APRIL 23, 2025

The DBIR breaks down breach trends across industries: Financial and Insurance: Heavily targeted by credential stuffing and phishing; fastest detection rates. Public Sector: DoS attacks and ransomware remain major concerns. Manufacturing: IP theft and ransomware are top risks; OT/ICS systems still lag in basic controls.

Ransomware 102

Ransomware CISO Backups Risk 102

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 (..)

Data breaches 115

Data breaches Cybercrime Cyber Insurance Marketing 115

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.

Cyber Insurance 72

Cyber Insurance Insurance Cyber Risk Risk 72

Security Boulevard

JULY 30, 2021

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

CISO 64

CISO Ransomware Cyber Insurance Insurance 64

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

Cyber Insurance 92

Cyber Insurance Backups CISO Insurance 92

Security Boulevard

JULY 12, 2021

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

CISO 59

CISO Ransomware Cyber Insurance Insurance 59

BH Consulting

FEBRUARY 24, 2025

Cybercriminals felt the heat from law enforcement last year, while ransomware payments fell. Intel471 has a detailed analysis of other significant law enforcement operations in 2024, including against the LockBit ransomware gang and multiple malware droppers. But still, progress is progress.

Cyber Insurance 59

Cyber Insurance Insurance Ransomware Artificial Intelligence 59

SC Magazine

JULY 14, 2021

FBI’s cyber division personnel in front of a computer screen. New research finds that ransomware atracks have grabbed the attention of leaders across business sectors. The FBI reported an increase of more than 225% in total losses from ransomware in the U.S. in 2020 alone.

Ransomware 98

Ransomware Cyber Insurance Financial Services Retail 98

CyberSecurity Insiders

OCTOBER 20, 2021

Okumu lived through the ransomware attack on the City of Baltimore in 2018, which affected 90% of the municipality’s applications. As the then-director of IT infrastructure for the city, he learned a lot of valuable lessons about defending against and recovering from a ransomware attack. It had started sometime between 4 a.m.

Ransomware 111

Ransomware Backups Insurance Cyber Insurance 111

SecureWorld News

MAY 18, 2021

This was fallout from the Colonial Pipeline shutdown due to a ransomware attack—a legitimate story, for sure. What kind of pressure hits an organization as it conducts incident response to a devastating ransomware attack? For context, here is where Tuma fits into the ransomware incident response process.

Ransomware 96

Ransomware Backups Cyber Insurance Risk 96

Digital Shadows

OCTOBER 14, 2024

Key Points Ransomware activity grew by 2.3% In the short term, we expect a gradual increase in ransomware incidents, peaking by Q4 2024. In the long term, we anticipate a greater use of large language models (LLMs) in ransomware negotiations and a rise in exfiltration-only attacks. lower than in Q3 2023. compared to Q3 2023.

Ransomware 94

Ransomware Social Engineering Insurance Cyber Insurance 94

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. The hijacking of computer resources to mine cryptocurrencies is one of the fastest growing types of cyber-threats globally.

Cybersecurity 125

Cybersecurity CISO Insurance Ransomware 125

Malwarebytes

JULY 27, 2022

Fighting against ransomware can be difficult—especially if your organization has limited IT resources to begin with. But Adam Kujawa, security evangelist and director of Malwarebytes Labs, has a few tips for overburdened IT folks looking to simplify their fight against ransomware. 3 tips to simplify the fight against ransomware.

Ransomware 87

Ransomware Backups Penetration Testing Cyber Insurance 87

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.

Cybersecurity 98

Cybersecurity Cyber Insurance Insurance Risk 98

Security Boulevard

JUNE 15, 2021

Ransomware attacks have continued to make headlines, and for good reason: on average, there is a new ransomware attack every 11 seconds, and the losses to organizations from ransomware attacks is projected to reach $20 billion over the course of 2021 following a record increase in losses of more than 225% in 2020.

Ransomware 97

Ransomware Cyber Insurance Insurance Antivirus 97

SC Magazine

FEBRUARY 8, 2021

But when it comes to cybersecurity coverage, the relationship between enterprises and insurers has been rocky and uncertain. . The relationship between enterprises and insurers, like the cyber insurance market itself, is evolving. That’s quite the incentive for insurers to assert themselves in this market.

Insurance 126

Insurance Cybersecurity Cyber Insurance Government 126

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.

Insurance 97

Insurance Marketing CISO Cyber Insurance 97

SecureWorld News

DECEMBER 29, 2022

5 Trends to Watch for Cybersecurity in 2023 – "From advancements in artificial intelligence (AI) to the continued evolution of ransomware and cyberattacks, the coming year is sure to bring significant developments in the world of cybersecurity. As we turn toward 2023, these will be the top ten challenges facing CISOs in the new year.".

Cybersecurity 97

Cybersecurity CISO Artificial Intelligence Cyber Insurance 97

Duo's Security Blog

OCTOBER 18, 2021

The use of phishing to take over user accounts as a first step to gain access to a campus for a ransomware attack has been making the headlines. We’ve heard from campuses that haven’t widely implemented MFA yet that their cyber liability insurance providers are now requiring it. Higher education campuses in the U.S.

Insurance 97

Insurance Education Risk Cyber Insurance 97

McAfee

JUNE 17, 2021

Let’s consider a recent and relevant cyber threat. Take, for example, the May 7th DarkSide ransomware attack that shut down Colonial Pipeline’s distribution network. Ransomware doesn’t just cost money—or embarrassment—it can derail careers. That well-publicized attack spurred considerable interest in cybersecurity assessments.

Penetration Testing 97

Penetration Testing CISO Risk Cyber Insurance 97

SecureWorld News

OCTOBER 19, 2023

I think it requires taking a step back and assessing what you can do with less," said Chris Roberts, CISO and Senior Director at Boom Supersonic. Andrew Smeaton, CISO at Afiniti, says reassessment of cybersecurity programs and plans is necessary. Too many folks focus on the technology as opposed to the people or process.

Cybersecurity 106

Cybersecurity CISO Education Phishing 106

SecureWorld News

OCTOBER 20, 2021

Especially because Accenture was hit with ransomware this year. On page 34 of the report, Accenture dives into the risk that cyber poses to the business. These are the very impacts we regularly hear CISOs mention on SecureWorld webcasts. Accenture featured this earning's news on page 2 in a big, bold font.

Cyber Risk 98

Cyber Risk Risk Insurance Cyber Insurance 98

Malwarebytes

SEPTEMBER 30, 2022

Build a playbook for ransomware response and recovery. Take cyber insurance , for example. Cyber insurance can prevent local governments from having to pay huge out of pocket costs in the event that they’re hit with a cyberattack. Build a playbook for ransomware response and recovery. Partner up!

Government 70

Government Cybersecurity Cyber Insurance Insurance 70

Security Boulevard

JANUARY 18, 2024

The case against the UBER Chief Information Security Officer (CISO) concluded with a conviction last year and the case against the CISO of SolarWinds, announced in 2023, is ongoing. Specifically holding CISOs accountable for fraudulent reporting is new and one of the most heated topics going into 2024. In 2024: 1.

Risk 115

Risk Cybersecurity CISO Technology 115

Centraleyes

DECEMBER 19, 2024

The new NY regulations, however, go further by requiring hospitals to implement: Tailored cybersecurity programs, Designation of a Chief Information Security Officer (CISO), Penetration testing, Mandatory breach reporting within 72 hours. What Are the Implications for Cyber Insurance?

Healthcare 52

Healthcare Cybersecurity Penetration Testing CISO 52

Security Boulevard

JUNE 23, 2022

Ask your cyber exec to explain the threats facing the organisation. 2 Talk to your CISO. Few chief information security officers (CISOs) have a close relationship with the board in their organisations?—?many discuss how your company’s culture supports cyber security and risk management. 10 Plan for ransomware.

Insurance 52

Insurance Cyber Risk CISO Cyber Insurance 52

eSecurity Planet

APRIL 26, 2022

billion in 2021, and growing concerns over data security , software supply chains , and ransomware suggest the market will remain strong through economic ups and downs. YL offers hands-on support for startup leaders in addition to an extensive network of cybersecurity industry leaders and CISOs. Honorable Mention Cybersecurity VCs.

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Cybersecurity Technology Marketing Healthcare 129

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.

CISO 105

CISO Cyber Insurance Insurance Cybersecurity 105

Jane Frankland

DECEMBER 7, 2023

Ransomware attacks will become even more sophisticated and intense in 2024, with more originating via unmanaged or bring-your-own devices, and human operated ransomware attacks. Many attackers will shift their approach from double to triple extortion activities after ransomware attacks.

Cybersecurity 130

Cybersecurity Cyber threats Insurance Artificial Intelligence 130

Jane Frankland

JANUARY 12, 2025

Ransomware remains a prominent threat, but the methods have evolved. Double extortion ransomware is now a preferred techniquea devastating one-two punch where attackers not only encrypt a companys data but also steal sensitive information. Cyber Insurance Cyber insurance will become an essential component of risk management strategies.

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Cybersecurity CISO Insurance IoT 130

SC Magazine

MARCH 29, 2021

Ransomware actors routinely look for easy vulnerabilities to exploit in victim organizations. It can also help inform cyber insurers, who may choose to raise premiums for companies that can’t document where their code comes from.

Software 120

Software Hacking Government Cyber Insurance 120

The Last Watchdog

DECEMBER 15, 2024

Thornton-Trump Ian Thornton-Trump , CISO, Inversion6 In 2024, the convergence of nation-state APTs and cybercriminals raised global alarms. Despite Russias selective crackdowns on ransomware groups, this trend poses escalating risks. Despite Russias selective crackdowns on ransomware groups, this trend poses escalating risks.

Cybersecurity 290

Cybersecurity Cyber threats CISO Energy and Utilities 290

Adam Levin

DECEMBER 27, 2019

At times it can seem like a war of attrition, which brings us to the first series of predictions for 2020: CISOs will get worse at their jobs. Ransomware will continue to thrive. You’re going to have personal cyber insurance. Okay, simmer down all you cybersecurity people. AI will gladly take your job.

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Cybersecurity CISO IoT Insurance 100