The Security Ledger

MAY 4, 2021

In this episode of the podcast (#213): Molly Jahn of DARPA and University of Wisconsin joins us to talk about the growing cyber risk to the Food and Agriculture sector, as industry consolidation and precision agriculture combine to increase the chances of cyber disruption of food production. Read the whole entry. »

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Security Affairs

FEBRUARY 9, 2020

The president of the European Central Bank (ECB), Christine L agarde, is warning that a cyber-attack on a major financial institution could trigger a liquidity crisis. The president of the European Central Bank (ECB), Christine Lagarde, has warned that a coordinated cyber-attack on major banks could trigger a liquidity crisis.

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Digital Shadows

NOVEMBER 26, 2024

Phishing often serves as the gateway to cyber attacks, opening the door to impactful follow-on activity like malware and ransomware deployment or access to internal networks, ultimately causing substantial financial losses. This rise is largely driven by financially motivated threat actors looking to maximize their profits.

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SecureWorld News

APRIL 12, 2021

This is because in past instances, a single statement from previous Federal Reserve Chairs have sent the markets racing up or down. Federal Reserve Chairman Statement on Cyber Risk. There are cyber attacks every day on, on all major institutions. Now, that's a big part of the threat picture in today's world.".

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The Last Watchdog

JUNE 2, 2022

Cyber risks profiling. CyberGRX’s global cyber risk Exchange caught on quickly. The exchange has proven to be a perfect mechanism for fleshing out much richer cyber risk profiles of third-party vendors. Stapleton characterizes this as “cyber risk intelligence” profiling.

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SC Magazine

MAY 24, 2021

In a report released May 20, the Government Accountability Office looked at how the private cybersecurity insurance market has developed over the past five yearsRich Baich is global chief information security officer for insurance giant AIG. Photo by Spencer Platt/Getty Images).

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The Last Watchdog

MARCH 11, 2025

As cyber attacks continue to grow in frequency and sophistication, they are significantly outpacing traditional defenses, targeting executives across both the digital and physical world. Were thrilled to partner with Adam and the 360 Privacy team to address this growing market need and help the company embark on a new era of growth.

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IT Security Guru

FEBRUARY 28, 2023

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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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. So, what is the chief contributor to this hard market from a cybersecurity and threat landscape perspective? Here are my key takeaways.

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SecureWorld News

NOVEMBER 29, 2023

A few percentage slide in company value on the stock market could be in the hundreds of millions if not billions of dollars. Hospital administrators are quick to point out that, to date, there have been no known cases in which a ransomware attack on a healthcare facility has been proven to lead to a patient's death.

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Centraleyes

AUGUST 8, 2024

In today’s digital age, cybersecurity is a central pillar of Governance, Risk, and Compliance (GRC). But why is this so crucial, and why is there a burgeoning market for specialized cyber risk management tools and platforms? ” So, if you’ve been hacked, you know what we’re talking about. .

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IT Security Guru

JUNE 28, 2022

Recent research from Hiscox even found that a fifth of businesses across the US and Europe faced insolvency as a direct result of a cyber attack. Unfortunately, transferring traditional insurance models to the cyber-sphere isn’t an easy task. This estimate turned out to be five times larger than the market in 2008.

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Security Boulevard

OCTOBER 27, 2022

According to research conducted by Statista, the cybersecurity market is currently worth $159.8 As the number of cyber and IT businesses, tools, and employees has grown, the volume of cyber attacks on businesses of all shapes and sizes has skyrocketed. billion and is expected to grow to $345.4 billion by 2026.

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SecureWorld News

APRIL 17, 2023

By the way, Sean Scranton will be presenting on "Covering Your Cyber Assets" at the SecureWorld Philadelphia conference on April 19-20. Can companies live without cyber insurance? that may be included as part of the cyber insurance coverage terms. Theresa Le, Chief Claims Officer, Cowbell: "Cyber insurance is highly recommended.

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Responsible Cyber

APRIL 7, 2020

A recent Chubb SME Cyber Preparedness Survey showed that Singapore SMEs are not prepared for cyber-attacks including most of the small and medium enterprises across Asia Pacific. Nearly two-thirds (63 per cent) of respondents believe they are less exposed to cyber incidents than multinationals.

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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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Security Affairs

MARCH 24, 2024

surfaces in the threat landscape Pokemon Company resets some users’ passwords Ukraine cyber police arrested crooks selling 100 million compromised accounts New AcidPour wiper targets Linux x86 devices.

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The Last Watchdog

MARCH 10, 2020

A 2018 Cisco Cybersecurity Special Report found that 54 % of all cyber attacks cost the target company more than $0.5 However, smaller companies rarely have the IT talent, tools, or budget to prevent such attacks. Devolutions was established a decade ago and fills a gap in the market. It’s really about offering value.”

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SecureWorld News

MAY 26, 2021

New research reveals that a record number of organizations are buying cyber insurance policies as a tool for protecting themselves against cyber risk. However, the cost for those policies is rising dramatically as cyber insurance premiums soar up to 30% vs. the previous year. cyber insurance market and the results are in.

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CyberSecurity Insiders

JANUARY 11, 2022

The round brings Pentera’s valuation to $1 billion after only three years in the market since the debut of its automated penetration testing technology. Legacy vulnerability management platforms have given a false sense of security to the market,” said Christian Grant, Senior Vice President, K1 Investment Management. About Pentera.

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CyberSecurity Insiders

JANUARY 11, 2022

The round brings Pentera’s valuation to $1 billion after only three years in the market since the debut of its automated penetration testing technology. Legacy vulnerability management platforms have given a false sense of security to the market,” said Christian Grant, Senior Vice President, K1 Investment Management. About Pentera.

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Thales Cloud Protection & Licensing

MAY 10, 2022

With businesses becoming more and more digitized, they are exposed to greater cyber risks. And while organizations are taking steps to protect against cyber attacks, cybersecurity controls are not impenetrable. Cyber risk insurance covers the costs of recovering from a security breach, a virus, or a cyber-attack.

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CyberSecurity Insiders

JUNE 25, 2022

As the threat of cyber-attacks continues to increase exponentially, a debate has erupted over the years, leaving organizations to choose between two sides. But now we’ve reached a whole new level of cyber-attacks. Thanks to the exponential rise in attacks, cyber investment has skyrocketed. Real time data.

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Spinone

NOVEMBER 22, 2018

We covered the cybersecurity landscape including the most high-profile cyber crime statistics: number of attacks, crime targets, cybersecurity spendings, and cyber risk management. Spending on Cyber Security Why is the cybersecurity market expanding so rapidly?

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eSecurity Planet

FEBRUARY 2, 2022

Tens of thousands of applications that are critical to the operations of data centers around the globe are exposed to the internet, with many secured with default factory passwords, posing a significant cyber risk to enterprises worldwide. Doing so puts the complete environment at risk of cyber-attack.

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Security Boulevard

NOVEMBER 24, 2023

First published by HelpNetSecurity  — Matthew Rosenquist Cybersecurity insurance is a rapidly growing market, swelling from approximately $13B in 2022 to an estimated $84B in 2030 (26% CAGR), but insurers are struggling with quantifying the potential risks of offering this type of insurance.

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Security Affairs

APRIL 5, 2023

For some, a cyber criminal matches some of the Hollywood tropes: a person sitting alone in a dimly lit room, furiously mashing on a keyboard to steal information from a person or company. To address this gap, the JCDC is planning proactive measures for future cyber risks.

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Digital Shadows

NOVEMBER 26, 2024

Phishing often serves as the gateway to cyber attacks, opening the door to impactful follow-on activity like malware and ransomware deployment or access to internal networks, ultimately causing substantial financial losses. This rise is largely driven by financially motivated threat actors looking to maximize their profits.

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Cyber Attacks Phishing Ransomware Cyber Insurance 52

Duo's Security Blog

OCTOBER 7, 2022

It will be unsurprising that because of this demand, insurers are particularly careful how they build their policies to minimize their risk from large cyber events. This is especially true if the company looking for cover hasn’t taken adequate enough steps to minimize cyber risks itself.

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Security Affairs

APRIL 22, 2022

The events of the past two years have made this shift clear: from ransomware attacks to the challenges of managing distributed workforces, digital risk is different. Our reliance on digital technology and the inherited risk is a key driving factor for buying cyber risk insurance.

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CyberSecurity Insiders

DECEMBER 6, 2021

These attacks received global attention and spotlighted the need for even more attention on cybersecurity best practices. Phishing remains one the most common attack methods among cyber attackers, and the industry agrees that there can never be enough cybersecurity awareness training. Be ready for ransomware.

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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. This has led to a competitive job market and has made it difficult for businesses to find, hire, and retain the talent they need to protect themselves from cyberattacks.

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Security Boulevard

AUGUST 22, 2024

Against the backdrop of heightened recognition of the critical role of robust access control and identity management, the growth of the IAM market has been steered by a confluence of compelling drivers. A recent survey by KuppingerCole Analysts found that almost 95% of organizations have an IAM solution implemented.

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Digital transformation Authentication Technology Mobile 69

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. As a leading VC, BVP offers budding companies plenty to consider, with a set of roadmaps and tools for today’s technologies and market complexities. NightDragon.

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Jane Frankland

APRIL 28, 2022

Success comes when an organisation pays attention to them and to the market. It’s a roller coaster of a time to lead, as CIOs, CISOs and CTOs are having to deal with more users, data, devices, technologies, connectivity, mobility, regulations, risks, and threats than they care to.

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Thales Cloud Protection & Licensing

AUGUST 22, 2024

Against the backdrop of heightened recognition of the critical role of robust access control and identity management, the growth of the IAM market has been steered by a confluence of compelling drivers. A recent survey by KuppingerCole Analysts found that almost 95% of organizations have an IAM solution implemented.

Digital transformation 62

Digital transformation Authentication Technology Mobile 62

Spinone

MAY 8, 2020

Coupled with the current pandemic and the cybersecurity threats that have been very prevalent and growing in recent years such as ransomware, there are many different cyber risk types n 2020 that your business needs to prepare for. What are the types of cyber security threats? What Is a Cyber Attack?

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