CyberSecurity Insiders

MARCH 25, 2021

Department for Digital, Culture, Media and Sport (DCMS) of UK conducted the survey and came to the above stated conclusion that shows how relaxed are businesses for cyber security. And sometimes cyber criminals are using email services to trick employees into making fraudulently large financial transfers via new business deals or contracts.

Cyber threats 128

Cyber threats Cyber Insurance Insurance Cyber Risk 128

The Last Watchdog

AUGUST 1, 2023

As with all Attack-as-a-Service tools, protecting against this new stealth malware requires robust and active cybersecurity measures, as well as ongoing user education about the risks of suspicious email attachments and files from untrustworthy sources, in particular.

Malware 189

Malware Insurance Cyber Insurance Small Business 189

SecureWorld News

AUGUST 21, 2020

The end result was hefty payment: "After careful consideration, the university decided to work with its cyber insurance provider to pay a fee to the ransomware attacker. It had cyber insurance: "The university’s cyber insurance policy paid part of the ransom, and the university covered the remainder.

Ransomware 96

Ransomware Cyber Insurance Insurance Backups 96

SecureWorld News

DECEMBER 7, 2022

Cyber insurance trends in 2023. As the three previous trends discussed how certain aspects of the cybersecurity industry will continue to grow in 2023, expect the same from the cyber insurance market. Fostering workforce security education at all levels reduces risk.

Cybersecurity 98

Cybersecurity Cyber Insurance Insurance Social Engineering 98

SC Magazine

JULY 13, 2021

Avanan researchers predict these attacks will continue to surge throughout the year, with the education and health care sectors the most likely to be the hardest hit. Lastly, the report warns entities not to rely on cyber insurance as the rates have skyrocketed in response to the rise in ransomware attacks.

Data breaches 113

Data breaches Insurance Healthcare Education 113

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. 5 – Recession requires CISOs to get frank with the board about proactive security.

Cybersecurity 125

Cybersecurity CISO Insurance Ransomware 125

Digital Shadows

NOVEMBER 26, 2024

Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance. To counter this, organizations should continually educate themselves on emerging trends and forum discussions around techniques.

Cyber Attacks 59

Cyber Attacks Phishing Ransomware Cyber Insurance 59

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

Digital Shadows

NOVEMBER 26, 2024

Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance. To counter this, organizations should continually educate themselves on emerging trends and forum discussions around techniques.

Cyber Attacks 52

Cyber Attacks Phishing Ransomware Cyber Insurance 52

Jane Frankland

DECEMBER 7, 2023

This approach recognises that employees play a crucial role in maintaining strong cybersecurity defences, that cyber threats are constantly evolving, and rigid security measures may not provide sufficient protection in dynamic environments, and it’s an approach thatwill grow in 2024. Instead, they’ll be questioning can they afford not to.

Cybersecurity 130

Cybersecurity Cyber threats Insurance Artificial Intelligence 130