CSO Magazine

FEBRUARY 22, 2021

On February 4, 2021, New York became the first state in the nation to issue a cybersecurity insurance risk framework to all authorized property and casualty insurers. Get the latest from CSO by signing up for our newsletters. ]. Get the latest from CSO by signing up for our newsletters. ].

Insurance 106

Insurance Cyber Insurance CSO Ransomware 106

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.

Cyber Insurance 105

Cyber Insurance Insurance Risk CISO 105

CSO Magazine

JUNE 14, 2023

Finding the right insurance has become a key part of the security equation, which is no surprise given that the average cost of a data breach in the US has risen to $9.44 The global cyber insurance market was valued at $13.33 The global cyber insurance market was valued at $13.33 billion in 2023 to $84.62 billion by 2030.

Insurance 121

Insurance Data breaches Cyber Insurance Marketing 121

CSO Magazine

APRIL 27, 2021

Organizations will face significant challenges in purchasing, renewing, and benefitting from cyber insurance policies this year as various factors drive the sector towards a stricter, more specialized position, global specialists in law, risk, and cybersecurity predict.

Cyber Insurance 142

Cyber Insurance Insurance Ransomware Risk 142

CSO Magazine

DECEMBER 6, 2022

As the frequency and severity of ransomware, phishing, and denial of service attacks has increased, so has demand for cyber insurance. billion in direct written premiums were recorded in 2021, a 61% increase over the prior year, according to an October 2022 memorandum from the National Association of Insurance Commissioners.

Cyber Insurance 121

Cyber Insurance Insurance Phishing Ransomware 121

CSO Magazine

JUNE 2, 2021

I recently had to renew the cyber insurance policy for the office and it was interesting to see the evolution of questions asked over the years. At first, most of the cyber insurance questions involved basic computer security and merely checked to see if we had firewalls and antivirus and not much else.

Cyber Insurance 115

Cyber Insurance Insurance Antivirus Firewall 115

CSO Magazine

FEBRUARY 20, 2023

With cyberattacks rising at an alarming rate around the world, cyber insurance has become an increasingly popular layer of protection for businesses across all sectors. However, despite its clear appeal as a means of supporting and augmenting cyber risk management, insurance might not be the right fit for all companies in every circumstance.

Cyber Insurance 112

Cyber Insurance Insurance Cyber Risk Risk 112

The Last Watchdog

APRIL 30, 2019

Prior to launching CyberSaint, Wrenn was CSO of Schneider Electric, a supplier of technologies used in industrial control systems. The participation led to the idea behind CyberSaint The company supplies a platform, called CyberStrong, that automatically manages risk and compliance assessments across many types of frameworks.

Cybersecurity 173

Cybersecurity Insurance Cyber Insurance Risk 173

CSO Magazine

MAY 11, 2022

It’s that time that I fill out the annual cyber insurance policy application. Each year it gives me an insight into what insurance vendors are using to rate the risks and threats to our business and what they are stressing I should have as best practices. Here are the questions that stood out.

Cyber Insurance 98

Cyber Insurance Insurance Ransomware Authentication 98

CyberSecurity Insiders

MARCH 16, 2022

The research was compiled by Cider Security along with experts from Netflix, Atlassian, Mozilla, Lemonade Insurance, Rapid7, Databricks, and the former CISOs of Twitter and LivePerson. The risks outlined are: . CICD-SEC-1 : Insufficient Flow Control Mechanisms. CICD-SEC-2 : Inadequate Identity and Access Management. Raanan Loew.

Risk 109

Risk CISO Engineering Insurance 109

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.

Cyber Insurance 137

Cyber Insurance Insurance CISO Risk 137

CSO Magazine

AUGUST 22, 2022

Insurance marketplace Lloyd’s of London is set to introduce cyber insurance exclusions to coverage for “catastrophic” state-backed attacks from 2023. The move is reflective of a maturing and quickly evolving cyber insurance market. Nation-state attacks pose systemic risk to insurers.

Cyber Insurance 72

Cyber Insurance Insurance Marketing Risk 72

CSO Magazine

APRIL 20, 2022

When a significant vulnerability like Spring4Shell is discovered, how do you determine if you are at risk? Insurance or verification services might require you to run external tests on web properties. You must research false-positive reports and inform management whether the item found is acceptable risk.

Risk 84

Risk Insurance 84

CSO Magazine

OCTOBER 17, 2022

In finance and insurance, for example, there will be specific rules that must be followed in different countries and cybersecurity leaders in such organisations may even be liable. In telecommunications, the skills required are likely to be more technical, whereas in government knowledge around governance and risk are top of the list.

CISO 128

CISO Telecommunications Insurance Government 128

CSO Magazine

AUGUST 16, 2022

Cybersecurity risk assessment company Safe Security on Tuesday rolled out two new online risk assessment tools for businesses to use, in order to help them understand their vulnerability to cyberattacks and the costs of insuring against them. Risk tools measure financial impact of cyberthreats.

Risk 61

Risk Cyber Insurance Insurance Data breaches 61

CSO Magazine

JANUARY 24, 2023

Industry respondents also expressed concerns over identity theft at 4%, unavailable or unaffordable cyber insurance at 4%, geopolitical risks at 3%, DDoS attacks at 2% and website defacement at 0.9%, according to CSI’s annual survey of the financial sector.

Cyber threats 111

Cyber threats Identity Theft Cyber Insurance Insurance 111

CSO Magazine

JANUARY 20, 2022

In January 2022, the FBI issued a public warning over a USB attack campaign in which numerous USB drives, laced with malicious software, were sent to employees at organizations in the transportation, defense, and insurance sectors between August and November 2021. Postal Service and UPS. Postal Service and UPS. BadUSB definition.

Insurance 123

Insurance Malware Software Risk 123

CSO Magazine

MARCH 17, 2022

Organizations that do not pay ransomware risk potential losses that far outweigh the financial hit taken from an extortion fee, which gives attackers a clear advantage.

Ransomware 113

Ransomware Cyber Insurance Insurance Government 113

NopSec

DECEMBER 9, 2015

According to recent research over 60 percent of survey participants stated their executives are only “somewhat” or “not at all” informed about the information security risk and threats their organizations face. In a meeting with my previous CFO, I was discussing the risk posture of the organization.

Information Security 40

Information Security CSO Risk Insurance 40

CSO Magazine

FEBRUARY 6, 2023

Cybersecurity insurance firm Coalition has predicted that there will be 1,900 average monthly critical Common Vulnerabilities and Exposures ( CVEs ) in 2023, a 13% increase over 2022. billion IP addresses.

Insurance 81

Insurance Cyber threats Internet Internet 81

SecureWorld News

JUNE 13, 2023

And so we think about different types of cybersecurity risk and how those risks or vulnerabilities or threat actors can actually impede that ability or an organization to meet those objectives," said Mary Faulkner, CISO at Thrivent, one of four panelists that took the stage to kick off the conference.

Cybersecurity 98

Cybersecurity CISO InfoSec Risk 98

SecureWorld News

AUGUST 21, 2024

A : You never get bored with the ever-changing risks, problems, or new technology to learn about! If we can't explain why a risk is something to take seriously, we will never advance the security mindset in the company. Q : How would you describe your feelings about working in the field of cybersecurity?

Cybersecurity 102

Cybersecurity Energy and Utilities CISO CSO 102

Spinone

DECEMBER 26, 2018

In this article we will learn how to address and effectively respond to major enterprise cybersecurity threats and provide tips to mitigate IT security risk. Be On Your Guard with the Most Treacherous Insider Roles A paramount priority when addressing the threat is to distinguish the fundamental insider risks.

Security Awareness 40

Security Awareness Risk Cyber threats Cyber Risk 40

SecureWorld News

AUGUST 25, 2021

In the last year, the state has seen a cyberattack take out the top regulatory agency, a data breach compromise the personal information of thousands of applicants for children’s health insurance, and a cyberattack that resulted in confidential information of 58,000 unemployment applicants being stolen, including SSNs and bank information.

CISO 98

CISO Cybersecurity Government Technology 98

SecureWorld News

OCTOBER 12, 2022

Karen Worstell, CEO and Founder of W Risk Group LLC, an author, and proponent of "not putting steel doors on grass shacks," spoke on "Was Mudge Right? Karen Worstell, W Risk Group LLC. As are government agencies, insurance companies, etc. Ray Yepes, CISO for the State of Colorado, presents the opening keynote.

CISO 97

CISO Healthcare Government Cybersecurity 97

Jane Frankland

JANUARY 12, 2025

In this blog, I’m exploring these changes, grouped under key categories that I’ve used in previous years, to help business leaders and cyber risk owners better prepare for the evolving landscape. Critical infrastructure face heightened risk from targeted disruptions, as do small businesses who are the backbone of the economy.

Cybersecurity 130

Cybersecurity CISO Insurance IoT 130