CyberSecurity Insiders

OCTOBER 24, 2022

The education sector is increasingly vulnerable to simple and sophisticated cyber threats, and higher learning is especially vulnerable. These attacks also tend to be more successful in access and payout in the event of ransom demands, with 74% of attacks ending successfully for hackers. 64% of higher education.

Education 58

Education Cyber Attacks Cyber Insurance Insurance 58

BH Consulting

FEBRUARY 24, 2025

Cyber insurance industry faces a pivotal year The cyber insurance industry faces a pivotal year, influenced by evolving ransomware threats, regulatory changes, and the integration of artificial intelligence (AI). Many SMEs think they’re too small to fall victim to cyber attacks. MORE Got crypto?

Cyber Insurance 59

Cyber Insurance Insurance Ransomware Artificial Intelligence 59

The Last Watchdog

OCTOBER 5, 2023

Kapczynski Erin: Could you share your thoughts on the role of artificial intelligence, machine learning and the growth of IoT devices in both cyber defense and cyberattacks? Byron: Companies often underestimate threats, neglect basic cyber hygiene, and fail to educate employees on cybersecurity.

Cyber threats 203

Cyber threats Cyber Insurance Threat Detection Cybersecurity 203

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. I believe we'll see more exemption clauses denying coverage for ransomware and other specific attack types.".

Cybersecurity 98

Cybersecurity Cyber Insurance Insurance Social Engineering 98

CyberSecurity Insiders

JANUARY 6, 2023

Awareness about the perils of backup, storage, and data recovery is rising – but nowhere near quickly enough to catch up with the cyber-attack innovation. Only a couple of years ago, the prevailing view was that storage and backup systems were largely immune to attack as they were backend systems. But not insurance companies.

Backups 136

Backups Ransomware Insurance Cyber Insurance 136

SecureList

NOVEMBER 9, 2022

And IT teams should be prepared to deal with evolving threats posed by emerging technologies which are becoming widespread, such as geo-targeted phishing or attacks related to Cloud Security, IOT and AI. Yet, in addition to cyber insurance, companies will need a designated DR or RR (Rolling Recovery) plan.

Cybersecurity 144

Cybersecurity Cyber Insurance Cybercrime IoT 144

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. This underscores the importance of having additional compensating controls and educating employees on the risks associated with phishing and other social engineering attacks.

Cyber Attacks 52

Cyber Attacks Phishing Ransomware Cyber Insurance 52

SecureWorld News

DECEMBER 2, 2020

issued an unusually detailed statement to investors about the cyberattack, its decision to pay the ransom and next moves by the online education provider. What happened in this K12 ransomware attack. What happened in this ransomware attack? The only way around the publishing of the data is to pay the attackers. "We

Insurance 61

Insurance Cyber Insurance Ransomware Backups 61

CyberSecurity Insiders

DECEMBER 18, 2022

Third-party supply chains offer those with criminal intent with more places to hide and targeting cloud providers instead of a single organization gives attackers more bang for their buck. 5 – Recession requires CISOs to get frank with the board about proactive security.

Cybersecurity 125

Cybersecurity CISO Insurance Ransomware 125

SecureWorld News

JANUARY 21, 2024

The costs of recovering from such incidents, especially for smaller organizations without cyber insurance, can be devastating. These losses are not just monetary; the time and resources diverted to deal with the aftermath of an attack can significantly hamper operational efficiency.

Cybersecurity 104

Cybersecurity Backups Cyber threats Software 104

Digital Shadows

OCTOBER 14, 2024

To counter these methods, organizations should prioritize educating users on phishing and social engineering techniques. Employees must be aware of how attackers might manipulate them into revealing sensitive information or granting the attackers access to secure systems.

Ransomware 94

Ransomware Social Engineering Insurance Cyber Insurance 94

eSecurity Planet

APRIL 6, 2023

Lapsus$ was responsible for a destructive run of cyber attacks in early 2022, hitting some high-profile tech companies. Conti Around 20% of attacks in early 2022 were from Conti, the group behind the 2021 Irish health services attack. Education, government, energy and manufacturing are others.

Ransomware 98

Ransomware Backups Encryption Cybersecurity 98

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

CyberSecurity Insiders

JANUARY 5, 2022

This alliance will allow the healthcare system to reduce its risk of a cyber-attack and help them achieve its cybersecurity goals. “We The cost of these cyber events is rising sharply with cyber insurance premiums and compliance requirements increasing. Cautionary Note Regarding Forward Looking Statements.

Healthcare 40

Healthcare Risk Cyber Insurance Cyber Attacks 40

ForAllSecure

MAY 17, 2023

Chris Gray of Deep Watch talks about the view from the inside of a virtual SOC, the ability to see threats against a large number of SMB organizations, and the changes to cyber insurance we’re seeing as a result. cyber insurance as a whole was changing heavily. And why is that? It started off pretty easy to get.

Internet 40

Internet Internet Insurance Cyber Insurance 40

Centraleyes

APRIL 8, 2024

consumers would not trust a company with their personal information if it had a data breach According to the above source, 44% blame cyber attacks on a company’s inadequate security measures. Better Insurance Rates: Cyber insurance providers include data security in their actuarial analysis. 66% of U.S.

Data privacy 52

Data privacy Unstructured Data Data breaches Government 52

CyberSecurity Insiders

APRIL 23, 2021

Microsoft Exchange Server Cyber Attack- Cyber Threat actors somehow infiltrated the email servers of Microsoft Exchange operating across the world through a vulnerability and accessed data of many government and private companies.

Cyber Attacks 145

Cyber Attacks Insurance Cyber Insurance Ransomware 145

CyberSecurity Insiders

AUGUST 15, 2022

Ever wondered what is covered and what is not in your Cyber Insurance Policy? If not, you better review the guidelines and inform all your C-level employees on strategies to cope with the losses that remain out of the cyber insurance cover. Otherwise, the cyber insurer will not offer any policy coverage.

Cyber Insurance 90

Cyber Insurance Insurance Data collection Antivirus 90

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.

Cybersecurity 130

Cybersecurity Cyber threats Insurance Artificial Intelligence 130