Thales Cloud Protection & Licensing

MAY 10, 2022

Checklist for Getting Cyber Insurance Coverage. As cyber criminals mature and advance their tactics, small and medium businesses become the most vulnerable because they lack the capacity – staff, technology, budget - to build strong cyber defenses. The necessity for cyber-insurance coverage.

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Cyber Insurance Insurance Cyber Risk Cyber Attacks 77

Security Affairs

DECEMBER 28, 2022

The chief executive of insurance giant Zurich warns that cyber attacks, rather than natural catastrophes, will become uninsurable. Mario Greco, chief executive of insurer giant Zurich, has warned that cyber attacks will become soon “uninsurable.”. These people can severely disrupt our lives.”

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Cyber Attacks Cyber Insurance Insurance Cyber Risk 98

SC Magazine

MAY 24, 2021

Overall, insurance companies seem to be responding to increased demand from clients for cyber-specific insurance, and one survey found that the two things most likely to spur a purchase of cyber insurance are when a business experiences a cyber attack and when they hear about other companies being hit by a cyber attack.

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Cyber Insurance Insurance Marketing Cyber Risk 94

Security Boulevard

MARCH 3, 2021

In this part of the blog series on the connection between cybersecurity and insurance, we go through a real-life situation that demonstrates how insurance policies may or may not provide you the necessary coverage in the event of a cyber-attack. A Standalone Cyber Insurance Policy Isn’t Enough As discussed in our previous blog, a.

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Insurance Cyber Attacks Cyber Insurance Cybersecurity 105

Duo's Security Blog

OCTOBER 7, 2022

This is especially true if the company looking for cover hasn’t taken adequate enough steps to minimize cyber risks itself. As I covered in my other blog — Cyber Liability Insurance Essentials for Small and Medium-Sized Enterprises — there are several approaches firms can take to increase their chances of obtaining a policy.

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Small Business Cyber Insurance Insurance Cyber Risk 98

Digital Shadows

NOVEMBER 26, 2024

The US, manufacturing sector, and professional, scientific, and technical services (PSTS) sector are primary targets amidst an overall increase in ransomware attacks. GreyMatter DRP generates alerts that are categorized by risk type and provides context that can allow organizations to take proactive remediation responses.

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Cyber Attacks Phishing Ransomware Cyber Insurance 59

Duo's Security Blog

FEBRUARY 4, 2025

In its modern iteration, cyber liability insurance mitigates the losses and business costs associated with cyber incidents and resulting downtime. CyberCube, a company specializing in quantifying cyber risk, estimates that the U.S. standalone cyber insurance market could reach $45 billion in premiums by 2034.

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Cyber Insurance Insurance Authentication Risk 64

Joseph Steinberg

AUGUST 5, 2021

While leveraging cyber-liability insurance has become an essential component of cyber-risk mitigation strategy, cyber-liability offerings are still relatively new, and, as a result, many parties seeking to obtain coverage are still unaware of many important factors requiring consideration when selecting a policy.

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Insurance Cyber Insurance Artificial Intelligence Ransomware 258

Security Boulevard

MAY 11, 2022

Cyber-attacks are becoming more sophisticated and devastating, especially for small and medium enterprises (SMEs). With ransom demands rising and the cost of data breaches soaring, businesses are investing heavily in building their cyber defenses. However, cybersecurity is not bullet-proof.

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Cyber Risk Insurance Authentication Risk 52

Security Boulevard

NOVEMBER 24, 2023

Why is the insurance industry struggling with this? Cyber attackers escalate and adapt quickly, which undermines the historical-based models that insurance companies rely on. Attackers are continually shifting their maneuvers that identify victims, cause increasing loss, and rapidly shift to new areas of impact.

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Insurance Risk Cyber Insurance Cybersecurity 72

SecureWorld News

FEBRUARY 6, 2024

Businesses make calculated risk decisions balancing attack prevention costs against potential breach impact." These incidents underscore regulatory aims for public cyber risk transparency. For the broader industry, it's valuable threat intelligence highlighting the financial implications of cyber incidents."

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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. Email phishing, brute force, and even employees leaving with a host of USB sticks, organizations face countless and often unreported cyber attacks.

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Cybersecurity Cyber Insurance Insurance Risk 98

SecureWorld News

AUGUST 25, 2021

Cameron gave her perspective on cyber risk at the Royal United Services Institute (RUSI) think tank's annual security lecture earlier this year: "What I find most worrying isn't the activity of state actors. Nor is it an improbable cyber Armageddon. Cyber insurance fueling ransomware?

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Ransomware Insurance Cyber Risk Cyber Insurance 98

SecureWorld News

DECEMBER 7, 2022

These algorithms will be able to learn and adapt to changing patterns in cyber threats, allowing them to detect and respond to attacks in real time. Cyber insurance trends in 2023. Security leaders will start integrating human risk management into their overall security strategy.

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Cybersecurity Cyber Insurance Insurance Social Engineering 98

Digital Shadows

NOVEMBER 26, 2024

The US, manufacturing sector, and professional, scientific, and technical services (PSTS) sector are primary targets amidst an overall increase in ransomware attacks. GreyMatter DRP generates alerts that are categorized by risk type and provides context that can allow organizations to take proactive remediation responses.

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Cyber Attacks Phishing Ransomware Cyber Insurance 52

Security Boulevard

FEBRUARY 8, 2023

Click here to watch the roundtable and learn about the future of cyber insurance from leading experts. In partnership with Cysurance, BlastWave hosted a roundtable entitled “The Future of Cyber Insurance and MSP Insurability. of Morris Risk Management, John Franzino of Grid Security Inc.,

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Cyber Insurance Insurance Marketing Risk 52

CyberSecurity Insiders

DECEMBER 18, 2022

Cyber attribution and deciphering the extent of state-level tasking is difficult, with blurred lines between state-aligned, state-involved and state-directed increasing the risk of escalation, collateral and misattribution.

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Security Boulevard

JUNE 23, 2022

In just a few years, cyber has transformed from the nerd in the corner into the Kim Kardashian of risk. businesses can be built on, and destroyed by, cyber risk. Serious cyber incidents will hit the headlines, so you need to have a media management strategy ready to limit any reputational damage.

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Duo's Security Blog

JUNE 9, 2022

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. As well as talking to CISOs, I also believe it is crucial to get perspectives from all sides.

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Insurance Marketing CISO Cyber Insurance 97

eSecurity Planet

MARCH 17, 2023

Breach and Attack Simulation Product Guide Top 20 Breach and Attack Simulation (BAS) Vendors Penetration Testing Penetration testing is a tried-and-true method of cyber attack simulation.

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Network Security Penetration Testing Firewall Software 120

Pen Test Partners

NOVEMBER 4, 2024

Maritime cyber insurance has been playing catch-up with maritime cyber security for a while now. As a result maritime cyber regulation is on the catch up. As a result maritime cyber regulation is on the catch up. 2 covered guidance for cyber at sea, but it didn’t have the desired effect.

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Insurance Technology Cyber Insurance Cyber Risk 65

Cytelligence

FEBRUARY 4, 2020

The 2019 Cybersecurity Almanac published by Cisco and Cybersecurity Ventures predicts that cyber events will cost $6 trillion annually by 2021, as companies are digitizing most of their processes and are often operating remotely. Global cyber insurance premiums are expected to grow from $4 billion in 2018 to $20 billion by 2025.

Penetration Testing 45

Penetration Testing Insurance Data preservation Risk 45

IT Security Guru

FEBRUARY 28, 2023

Cyber insurers are losing money. Their loss ratios – total claims plus the insurer’s costs, divided by total premiums earned – are now consistently above 60%, which presents something of an existential threat to the insurance industry, making cyber risk a potentially uninsurable area due to falling profitability.

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Cyber Insurance Insurance Marketing Cyber Attacks 131

eSecurity Planet

APRIL 26, 2022

Company Sector Year Status Vicarius Vulnerability management 2022 Private Dragos ICS and OT security 2021 Private Safeguard Cyber Risk management 2021 Private CyberGRX Risk management 2019 Private Signifyd Fraud protection 2018 Private RedOwl Security analytics 2015 Acquired: Forcepoint. AllegisCyber Investments. NightDragon.

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Security Boulevard

MAY 17, 2023

Why are cyber attacks still on the rise? His name is Omar Masri and he's a software engineer and also the founder and CEO of Mamari.io, which helps businesses overcome the cost and complexities of cybersecurity, preventing attacks while meeting compliance and cyber insurance requirements. So it's growing.

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Hacking Insurance Small Business Cybersecurity 52

Schneier on Security

FEBRUARY 28, 2024

One possible solution, touted by former Department of Homeland Security Secretary Michael Chertoff on a recent podcast , would be for the federal government to step in and help pay for these sorts of attacks by providing a cyber insurance backstop.

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Security Boulevard

JUNE 8, 2021

It’s important to remember, however, as we slowly transition back into some semblance of normality, that there will be new challenges to face in all facets of life, and the Cyber Security sector is no exception. Human error is still the number one cause of cyber attack and home working could make this even more prominent.

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Cisco Security

MARCH 22, 2022

Left of Boom refers to actions you can take to protect your organization before a cyber incident. It includes the following advice: Have visibility and control of all assets and actionable metrics to measure cyber risk. Cyber insurance is not the answer! Move to the cloud.

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Cyber Insurance Authentication Insurance Cyber Risk 98

eSecurity Planet

JANUARY 11, 2022

Most traditional tools used for investigating cyber attacks cannot assess potential impacts on these environments. Cowbell Cyber. Cowbell Cyber is a dedicated cyber insurance company that relies on continuous risk assessment, AI data analytics, and real-time underwriting to give clients pre- and post-breach services.

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Cybersecurity Threat Detection Artificial Intelligence Risk 142

Jane Frankland

DECEMBER 7, 2023

Cybersecurity can often feel like a game of cat and mouse where cyber attackers and defenders engage in a chase, with one party trying to outsmart the other. Just like in previous years, 2024 is set to test practitioners’ skills as the frequency of cyber threats continues to surge leaving no room for complacency.

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