SC Magazine

MAY 24, 2021

Overall, insurance companies seem to be responding to increased demand from clients for cyber-specific insurance, and one survey found that the two things most likely to spur a purchase of cyber insurance are when a business experiences a cyber attack and when they hear about other companies being hit by a cyber attack.

Cyber Insurance 94

Cyber Insurance Insurance Marketing Cyber Risk 94

Thales Cloud Protection & Licensing

MAY 10, 2022

Checklist for Getting Cyber Insurance Coverage. As cyber criminals mature and advance their tactics, small and medium businesses become the most vulnerable because they lack the capacity – staff, technology, budget - to build strong cyber defenses. The necessity for cyber-insurance coverage.

Cyber Insurance 77

Cyber Insurance Insurance Cyber Risk Cyber Attacks 77

Hacker's King

DECEMBER 24, 2024

With the advent of new technologies and rising cyber threats , 2025 promises significant shifts in the cybersecurity domain. Hackers with access to quantum technology could potentially break existing cryptographic protocols, necessitating the development of quantum-resistant encryption.

Cybersecurity 59

Cybersecurity Cyber Insurance IoT Insurance 59

Adam Levin

AUGUST 26, 2019

The data breach of Capital One was big news, but it was also a familiar story: a major financial company with the budget and means to secure its data didn’t bother to do so, and the personal information of over a hundred million of its customers and applicants was exposed. Cloudy with a Chance of Client Error.

Data breaches 142

Data breaches Cyber Insurance Hacking Insurance 142

The Hacker News

APRIL 10, 2023

As technology advances, cyberattacks are becoming more sophisticated. With the increasing use of technology in our daily lives, cybercrime is on the rise, as evidenced by the fact that cyberattacks caused 92% of all data breaches in the first quarter of 2022.

Cyber Insurance 98

Cyber Insurance Insurance Cybersecurity Data breaches 98

Duo's Security Blog

OCTOBER 7, 2022

Small business cyber insurance: Is it really needed? However, according to Security Magazine , 43% of all cyberattacks target small businesses, and 60% of all small business victims of a data breach permanently close their doors within six months of the attack.

Small Business 98

Small Business Cyber Insurance Insurance Cyber Risk 98

The Hacker News

JULY 6, 2023

As technology advances and organizations become more reliant on data, the risks associated with data breaches and cyber-attacks also increase. The introduction of data privacy laws, such as the GDPR, has made it mandatory for organizations to disclose breaches of personal data to those affected.

Cyber Insurance 93

Cyber Insurance Insurance Data privacy Data breaches 93

Malwarebytes

SEPTEMBER 14, 2022

This article focuses on helping to prevent cyberattacks purely through technology; though of course, businesses need a combination of technology, people, and strategy to truly become cyber resilient. That being said, security experts advise against relying solely on a single technology or technique to protect business endpoints.

Technology 84

Technology DNS Cyber Insurance Insurance 84

SecureWorld News

APRIL 23, 2025

In its 17th edition, Verizon's 2025 Data Breach Investigations Report (DBIR) continues to deliver one of the most comprehensive analyses of cyber incidents worldwide. There is a strong correlational reason cyber insurance underwriters care about those key controls and coverage in the application process.

Ransomware 102

Ransomware CISO Backups Risk 102

SecureWorld News

JANUARY 31, 2024

Cyber risk is an existential issue for companies of all sizes and in all industries. The integration of technology and automation, and related collection, use, and sharing of information into everyday business practices presents an enormous opportunity for efficiency and precision, especially in the real estate sector.

Risk 104

Risk Cyber Insurance Insurance Data breaches 104

Webroot

JULY 25, 2022

Threat intelligence solutions using AI/ ML technologies can prevent false positives and reduce alert fatigue – helping cybersecurity professionals focus on strategic priorities instead of spending all their time reacting to security alerts and potential incidents. Cyber insurance becomes mainstream discussion.

Cyber Insurance 136

Cyber Insurance Insurance Marketing Ransomware 136

SecureWorld News

AUGUST 18, 2020

Securities and Exchange Commission, notifying the SEC of the data breach. Hackers exfiltrated (removed) some data. The unauthorized access also included the download of certain of our data files. Ransomware attacks: another argument for cyber insurance? Hackers encrypted some files. Remediation is underway.

Cyber Insurance 98

Cyber Insurance Ransomware Insurance Technology 98

Security Affairs

FEBRUARY 8, 2024

26 key cyber security stats for 2024 that every user should know, from rising cyber crime rates to the impact of AI technolog y. Cyber Crime Surge: During COVID-19 , cyber crimes shot up by 600%, showing how threats adapt to global changes. Data Breach Costs: The average global cost of a data breach in 2023 was $4.45

Social Engineering 141

Social Engineering Cyber Attacks Cyber Insurance IoT 141

BH Consulting

FEBRUARY 24, 2025

The third relates to ethical decision making in assessing technologies for law enforcement. Cyber insurance industry faces a pivotal year The cyber insurance industry faces a pivotal year, influenced by evolving ransomware threats, regulatory changes, and the integration of artificial intelligence (AI).

Cyber Insurance 59

Cyber Insurance Insurance Ransomware Artificial Intelligence 59

Joseph Steinberg

AUGUST 5, 2021

Likewise, if you purchase appropriate first-party insurance, your insurance policy should cover the relevant losses – as the losses are borne directly by the policyholder (your business). iBynd also has a first-of-its-kind Personal Cyber Insurance offering that it delivers directly to consumers through CyberInsurancePlus.com.

Insurance 141

Insurance Risk Data breaches Artificial Intelligence 141

Krebs on Security

DECEMBER 12, 2018

Earlier this year, FICO began touting its Cyber Risk Score (PDF), which seeks to measure an organization’s chances of experiencing a data breach in the next 12 months, based on a variety of measurements tied to the company’s public-facing online assets. In October, FICO teamed up with the U.S.

Cyber Risk 243

Cyber Risk Energy and Utilities Risk Marketing 243

Centraleyes

APRIL 9, 2024

According to IBM’s recently released “Cost of a Data Breach” statistics report, the average financial toll of a data breach has surged to an unprecedented $4.45 Regional Disparities in Data Breach Costs The United States emerges with a significantly higher average cost of $9.4

Data breaches 52

Data breaches Cyber Insurance Insurance Ransomware 52

Adam Levin

JUNE 30, 2020

For instance, 71 percent of respondents said companies shouldn’t pay ransoms to hackers, but 55 percent wanted businesses to pay a ransom if their own personal data was at risk. Preventing data breaches and implementing adequate cybersecurity safeguards was a daunting assignment even before the Covid-19 pandemic.

Ransomware 186

Ransomware Insurance Cyber Insurance Manufacturing 186

SC Magazine

FEBRUARY 8, 2021

The relationship between enterprises and insurers, like the cyber insurance market itself, is evolving. That’s quite the incentive for insurers to assert themselves in this market. Every sector has suffered breaches and no nation can claim to have been spared.”. A maturing model. billion in premium.

Insurance 126

Insurance Cybersecurity Cyber Insurance Government 126

Security Boulevard

MAY 12, 2022

Insurance carriers will offer a variety of different policies and coverage, including: Costs associated with an actual data breach, including letters to all affected victims. What Is Not Covered Under Cyber Insurance? For organizations seeking cyber insurance, the road for predictable security runs in parallel.

Cyber Insurance 105

Cyber Insurance Insurance Marketing Firewall 105

CyberSecurity Insiders

JANUARY 6, 2023

By Doron Pinhas, Chief Technology Officer, Continuity. 2022 clearly demonstrated that attacks on data represent the greatest cyber-threat organizations face. Notable data breaches took place at Microsoft, News Corp., Organizations are being confronted on all sides by cyber-danger.

Backups 136

Backups Ransomware Insurance Cyber Insurance 136

SecureWorld News

NOVEMBER 12, 2020

First, however, let's look at the top 15 cyber threats organizations face right now, according to the report: Malware. Data Breach. Cyber Espionage. So that is the top 15 list of cyber threats according to the European Union. Web-based Attacks. Web Application Attacks. Distributed Denial of Service (DDoS).

Cyber threats 134

Cyber threats Insurance Cyber Insurance Ransomware 134

SecureWorld News

MAY 2, 2025

Attackers are not only encrypting data but also engaging in "double extortion," stealing sensitive patient information to demand higher ransoms. The costly disruptions and data breaches from these attacks have made ransomware defense a top investment area for healthcare organizations. Large health systems in the U.S.

Healthcare 61

Healthcare Marketing Cybersecurity CISO 61

Security Boulevard

NOVEMBER 24, 2023

Denial of service attacks were once popular but were superseded by data breaches, which cause much more damage. Recently, attackers expanded their repertoire to include ransomware-style attacks that increased the insurable losses ever higher. Variances and unpredictability make insurers nervous.

Insurance 72

Insurance Risk Cyber Insurance Cybersecurity 72

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. Vulnerability management.

Digital transformation 113

Digital transformation Cyber Risk Risk Penetration Testing 113

Security Boulevard

JUNE 26, 2022

Cost of Breach Could Be Greater Than The Expected Cost Savings. IBM’s annual Cost of a Data Breach study revealed a single data breach could cost a company up to $3.29 That $3.29, even with cyber insurance, is still a significant hit to the organization’s bottom line.

Information Security 98

Information Security Technology Marketing Data breaches 98

SecureList

NOVEMBER 9, 2022

And IT teams should be prepared to deal with evolving threats posed by emerging technologies which are becoming widespread, such as geo-targeted phishing or attacks related to Cloud Security, IOT and AI. Yet, in addition to cyber insurance, companies will need a designated DR or RR (Rolling Recovery) plan.

Cybersecurity 144

Cybersecurity Cyber Insurance Cybercrime IoT 144

Centraleyes

MARCH 28, 2024

Coalition, a leader in cyber insurance, has added a positive endorsement for artificial intelligence (AI) to its cyber insurance plans for the US and Canada. The endorsement expands the definition of a security failure or data breach to include events caused by artificial intelligence.

Cyber Insurance 52

Cyber Insurance Artificial Intelligence Insurance Technology 52

Security Affairs

JUNE 18, 2024

In some cases, attackers are even leveraging the threat of regulatory actions or causing cyber insurance policies to be rendered moot by reporting lapses in security on the part of the victim to regulators and insurers.

Ransomware 140

Ransomware Cryptocurrency Insurance Cybercrime 140

SecureWorld News

AUGUST 23, 2023

Mika Aalto, Co-Founder and CEO at Hoxhunt : "Today, most security leaders admit that data breaches are a question of 'when,' not 'if,' because most have responded to an incident within the past few years. But while the cybersecurity game has changed, the key players remain the same: it's all about employees.

Cybersecurity 98

Cybersecurity Cyber Risk Risk Cyber Insurance 98

eSecurity Planet

MARCH 17, 2023

XDR is often considered an evolution of EDR, moving beyond endpoint data analysis and threat response to look at telemetry data across clouds, applications, servers, third-party resources, and other network components. With DFS, relevant data can quickly be sorted through and brought to light for investigative purposes.

Network Security 120

Network Security Penetration Testing Firewall Software 120

eSecurity Planet

AUGUST 9, 2022

GDPR, the EU’s flagship data privacy and “right to be forgotten” regulation, has made the stakes of a data breach higher than ever. Healthcare Data Privacy Laws. Health data and patient data in the U.S. Financial Data Protection Laws. In the U.S.,

Data privacy 145

Data privacy Encryption Data breaches Insurance 145

SecureWorld News

MARCH 28, 2024

Data Security Concerns: AI systems rely heavily on data. Breaches or manipulation of this data can compromise the integrity of AI models and lead to unintended consequences. Using AI, or deep fake technology, to trick individuals is ripe for vulnerabilities, making AI even more impactful for cyber threats and attacks."

Risk 107

Risk Artificial Intelligence Cybersecurity Financial Services 107

Adam Levin

DECEMBER 26, 2018

If you doubt it, consider the recent Chubb survey , which found a 930% increase in cyber insurance claims filed by businesses alongside this: 75% of respondents believing that their companies had “excellent” or “good” cybersecurity practices. Businesses need to be great when it comes to breach response times.

Computers and Electronics 130

Computers and Electronics Government Cyber Insurance Hacking 130

IT Security Guru

MAY 24, 2023

It helps to protect your organisation, workforce and clients from cyber-attacks. By doing this, you are reducing the chance of identity theft, data breaches, ransomware, and many other types of cyber threats. Most modern companies share information via communications technology all the time in order to do business.

Cybersecurity 51

Cybersecurity Cyber Insurance Cyber threats Insurance 51

Adam Levin

MARCH 16, 2020

The loss of time, worker focus and business opportunities can be catastrophic is the aftermath of an attack, and is yet another reason no company should be without a robust cyber insurance policy in place. So Isn’t BEC Just Another Form of Phishing? BEC has a home In the pantheon of ishings. It’s Time to Do Something.

Scams 130

Scams Identity Theft Accountability Phishing 130

Malwarebytes

SEPTEMBER 30, 2022

Take cyber insurance , for example. Cyber insurance can prevent local governments from having to pay huge out of pocket costs in the event that they’re hit with a cyberattack. CISA, GSA, and the National Institute of Standards and Technology (NIST) help monitor for issues in the namespace.

Government 72

Government Cybersecurity Cyber Insurance Insurance 72