SecureWorld News

NOVEMBER 2, 2022

He helps senior decision makers overcome cybersecurity sales objections and manages unlimited cyber risks through rigorous prioritization. In the private sector, he was a CISO for an insurance company, credit card processor, bank, credit union, and IT Managed Service Provider. See the conference agenda and register here.

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Cybersecurity Cyber Insurance Insurance Cyber Risk 98

The Last Watchdog

MARCH 1, 2019

Related: Why we’re in the Golden Age of cyber espionage. Enterprises have dumped small fortunes into stocking their SOCs (security operations centers) with the best firewalls, anti-malware suites, intrusion detection, data loss prevention and sandbox detonators money can buy. But this hasn’t done the trick. Smart money.

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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.

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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.

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Insurance Cyber Risk Risk Cyber Insurance 40

Digital Shadows

NOVEMBER 26, 2024

“SocGholish” and “LummaC2” are the most frequently observed malware in customer incidents. 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.

Cyber Attacks 59

Cyber Attacks Phishing Ransomware Cyber Insurance 59

SecureWorld News

MAY 16, 2023

Without adhering to the kind of consistent cybersecurity standards that CREST supports, it has the potential to weaken their defenses by creating holes and cracks where attackers can hide malware." Mike Parkin, Senior Technical Engineer at Vulcan Cyber, a provider of SaaS for enterprise cyber risk remediation, is a fan of the collaborative.

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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.

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Cybersecurity CISO Insurance Ransomware 125

McAfee

JUNE 17, 2021

Imagine if you had one place where you found a comprehensive real time security posture that tells you exactly where the looming current cyber risks are and the impact? Let’s consider a recent and relevant cyber threat. So is managing “inexperienced remote workers,” who may be preyed upon by various forms of malware.

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Penetration Testing CISO Risk Cyber Insurance 97

eSecurity Planet

MARCH 17, 2023

Examples of threatening traffic that IDPS solutions can combat include network intrusions, DDoS attacks, malware, and socially engineered attacks. These software solutions enforce specified security policies for users each time they access a cloud-based resource.

Network Security 120

Network Security Penetration Testing Firewall Software 120

Pen Test

OCTOBER 10, 2023

The basic attack involves malware that encrypts important files, databases, systems, and more, paralyzing business operations. Keep backups completely isolated and air-gapped offline to prevent malware from infecting those too. Businesses will need to demonstrate cyber risk management to get the best premiums.

Ransomware 52

Ransomware Backups Insurance Cyber Insurance 52

Digital Shadows

NOVEMBER 26, 2024

“SocGholish” and “LummaC2” are the most frequently observed malware in customer incidents. 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.

Cyber Attacks 52

Cyber Attacks Phishing Ransomware Cyber Insurance 52

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

Schneier on Security

FEBRUARY 28, 2024

In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after the devastating NotPetya cyberattack in 2017.

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Cyber Insurance Insurance Government Cyber Risk 308

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. Run very good anti-malware continuously, and make sure all systems are patched and updated continuously.

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Cyber Insurance Authentication Insurance Cyber Risk 98

BH Consulting

SEPTEMBER 7, 2022

As demand for cyber risk insurance increases, two recent developments could have policyholders scrambling to check their cover. In the United States, a judge dismissed a claim against an insurance company that refused to pay extra for losses due to business email compromise. And the cyber insurance market keeps growing.

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Insurance Social Engineering Cyber Risk Cyber Insurance 40

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.

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Cyber Risk Risk Small Business Cyber Insurance 122

Jane Frankland

JANUARY 12, 2025

In this blog, I’m exploring these changes, grouped under key categories that I’ve used in previous years, to help business leaders and cyber risk owners better prepare for the evolving landscape. Cyber Insurance Cyber insurance will become an essential component of risk management strategies.

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Cybersecurity CISO Insurance IoT 130

Krebs on Security

MARCH 4, 2022

Conti sought out these tools both for continuous testing (to see how many products detected their malware as bad), but also for their own internal security. But if you have information about their cyber insurance and maybe they have a lot of money in their account, I need a bank payout, then I can bargain.

Ransomware 241

Ransomware Insurance Cyber Insurance Accountability 241

Adam Levin

MARCH 2, 2020

While the sophistication and methods of attack may vary, the short answer is that ransomware is a type of malware that encrypts critical data on a computer or computer network so that users can’t regain access without paying a “ransom.” If your company already has cyber insurance coverage, consider increasing it.

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Cyber threats Ransomware Encryption Insurance 215