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. This was done as a proactive and preventive step to ensure information was not released on the internet.". And number one is cyber insurance.

Ransomware 97

Ransomware Cyber Insurance Insurance Backups 97

The Last Watchdog

MARCH 1, 2019

This, in short, is the multi-headed hydra enterprises must tame in order to mitigate rising cyber risks. The ability to prove you have a process, and demonstrate the audit trail showing you used that process, will become the subject of increased scrutiny by regulators and cyber insurance underwriters. Smart money.

Threat Detection 193

Threat Detection Digital transformation Marketing Firewall 193

SC Magazine

FEBRUARY 10, 2021

The Cybersecurity and Infrastructure Security Agency (CISA) recently included security ratings or scoring as part of its cyber risk reduction initiative. The Cybersecurity and Infrastructure Security Agency (CISA) recently included security ratings or scoring as part of its cyber risk reduction initiative.

Cyber Insurance 83

Cyber Insurance Insurance Cyber Risk Government 83

The Security Ledger

OCTOBER 23, 2018

In this episode of the podcast (#117), we go deep on one of the hottest sectors around: cyber insurance. In the first segment, we talk with Thomas Harvey of the firm RMS about the problem of “silent cyber” risk to insurers and how better modeling of cyber incidents is helping to address that threat.

Insurance 40

Insurance Cyber Risk Risk Cyber Insurance 40

BH Consulting

JULY 17, 2024

Cyber insurance: whisper it, but it seems to be working Cyber insurance premiums have dropped by 15 per cent compared to their peak in 2022. Even though more companies are buying cyber insurance, Howden found prices are falling through a combination of more providers in the market, and companies improving their security.

Cyber Insurance 69

Cyber Insurance Insurance Risk Marketing 69

The Last Watchdog

APRIL 18, 2019

Imposing just the right touch of policies and procedures towards mitigating cyber risks is a core challenge facing any company caught up in digital transformation. Related: Data breaches fuel fledgling cyber insurance market. Enterprises, especially, tend to be methodical and plodding. Talk more soon.

Digital transformation 113

Digital transformation Cyber Risk Risk Penetration Testing 113

SecureWorld News

DECEMBER 7, 2022

Scott Register, VP of Security Solutions at Keysight Technologies, discusses this trend: "Deepfake technology to date has resulted in political confusion, internet chatter, and some amusing mashup videos, but expect this to change in the near term. Cyber insurance trends in 2023.

Cybersecurity 98

Cybersecurity Cyber Insurance Insurance Social Engineering 98

CyberSecurity Insiders

DECEMBER 18, 2022

In 2023, ‘knowing thy enemy’ in cyber will be more complicated than ever before – but it is critical that organizations remain aware of the realities of cyber risk and cease to focus on the ‘boogie man’ of the internet that features in sensationalist reporting.

Cybersecurity 125

Cybersecurity CISO Insurance Ransomware 125

SC Magazine

JULY 13, 2021

Lastly, the report warns entities not to rely on cyber insurance as the rates have skyrocketed in response to the rise in ransomware attacks. Some insurers are also jacking up the cost of deductibles and limiting the types of entities they’re willing to insure.

Data breaches 113

Data breaches Insurance Healthcare Education 113

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

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.

Cybersecurity 129

Cybersecurity Technology Marketing Healthcare 129

The Last Watchdog

DECEMBER 18, 2024

Seara Jose Seara , CEO, DeNexus Recent regulatory updates highlight a shift toward robust cyber risk governance, requiring organizations to adapt. emphasizes governance, while the SEC mandates cyber risk reporting and incident disclosures. The NIST Cybersecurity Framework 2.0

Cybersecurity 130

Cybersecurity CISO Risk Government 130

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. Moreover, RDP ports are often exposed to the internet, which allows threat actors to easily scan for open ports and launch brute-force attacks.

Cyber Attacks 59

Cyber Attacks Phishing Ransomware Cyber Insurance 59

eSecurity Planet

JANUARY 11, 2022

SpiderSilk offers an impressive proprietary internet scanner that maps out a company’s assets and network attack surface to detect vulnerabilities. Cowbell Cyber. The risk management startup offers visibility into exposures dubbed Cowbell Factors, giving clients opportunities for potential remediation and better coverage.

Cybersecurity 142

Cybersecurity Threat Detection Artificial Intelligence Risk 142

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. Backup all critical data at least daily.

Cyber Insurance 98

Cyber Insurance Authentication Insurance Cyber Risk 98

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. Moreover, RDP ports are often exposed to the internet, which allows threat actors to easily scan for open ports and launch brute-force attacks.

Cyber Attacks 52

Cyber Attacks Phishing Ransomware Cyber Insurance 52

Jane Frankland

DECEMBER 7, 2023

Vigilance and enhanced cybersecurity measures, such as robust defences and proactive incident response, are crucial for governments, organisations, and individuals to mitigate these risks. which already account for 73% of Internet traffic will surge. Instead, they’ll be questioning can they afford not to.

Cybersecurity 130

Cybersecurity Cyber threats Insurance Artificial Intelligence 130

SecureWorld News

MARCH 5, 2025

The impact will be felt well beyond the involved countries of Canada, USA, Mexico, and China," said Kenrick Bagnall , Founder, KONCYBER & RB-Cyber Assurance; Royal Candian Mounted Police (RCMP) Contractor/Instructor; Toronto Police Service (Cybercrime Unit) (Ret.). " These tariffs will create real cyber risks.

Cyber Risk 106

Cyber Risk Risk Small Business Cyber Insurance 106

Krebs on Security

MARCH 4, 2022

For example, it subscribed to numerous services that can help determine who or what is behind a specific Internet Protocol (IP) address, or whether a given IP is tied to a known virtual private networking (VPN) service. For now, take a look at the documents and see if there is insurance and bank statements.”

Ransomware 237

Ransomware Insurance Cyber Insurance Accountability 237