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AI Cyberattacks Rise but Businesses Still Lack Insurance

Security Boulevard

Cybersecurity is a leading concern for risk managers as AI-related cyber risks surge, and despite growing investments, many businesses still lack comprehensive cyber insurance, according to a Nationwide survey.

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Cyber Insurance Market Evolves as Threat Landscape Changes 

Security Boulevard

Taking a risk-based approach to cyber risk and quantifying cyber risk empowers businesses to truly focus on mitigating the risks that really matter. The post Cyber Insurance Market Evolves as Threat Landscape Changes appeared first on Security Boulevard.

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The Evolving Role of Cyber Insurance in Mitigating Ransomware Attacks

SecureWorld News

In this regard, many have touted cyber insurance as the knight in shining armor, the end all-be all in terms of mitigating criminals' assaults on your network. As these incidents grow in sophistication, they exploit vulnerabilities in security systems, often outpacing the ability of organizations to respond effectively.

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5 Trends to Watch for Cybersecurity in 2023

SecureWorld News

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. Security leaders will start integrating human risk management into their overall security strategy.

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More Than 90% of IT Decision Makers Struggle to Evaluate Security Products

eSecurity Planet

. “IT Security buyers don’t have as much time as they’d like to research and choose security solutions – a situation exacerbated by vendors that exaggerate their capabilities and sell products that don’t meet expectations,” the Egress report said.

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Top Cyber Security Challenges Post Lockdown

Security Boulevard

Phishing links are still clicked on and while this is likely due to poor cyber awareness, the situation could be worse in a home environment with greater dependence on email for work requests and less support and supervision.

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Seven Massachusetts Cities Join Forces to Bolster Cybersecurity Posture

SecureWorld News

Mike Parkin, Senior Technical Engineer at Vulcan Cyber, a provider of SaaS for enterprise cyber risk remediation, is a fan of the collaborative. Sean Scranton is a consultant on the Cyber Risk Solutions Team at WTW and often speaks on cyber insurance issues. He says: "I love this idea!