Cyber Insurance Data privacy Ransomware 
eSecurity Planet
APRIL 22, 2022
That’s where cyber insurance may be able to help. According to the Ponemon Institute and IBM, the global average cost of a data breach is $4.24 But there’s a catch: Insurers are going to carefully assess your cybersecurity controls before writing any policy, and there are limits to coverage. million and climbing.
Centraleyes
DECEMBER 16, 2024
From GDPR updates to sector-specific regulations like HIPAA and PCI DSS, companies will face new mandates to protect sensitive data. Future cybersecurity trends point to even stricter compliance regimes, including regulations that focus on AI ethics and data privacy.
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SC Magazine
MAY 19, 2021
The development of cybersecurity insurance has played an important role in determining how companies prepare for and respond to ransomware attacks and the resulting fallout. That in itself has evolved, as insurers and insured learn just how expensive that fallout can be. The ransomware reality check for insurers.
Hacker's King
DECEMBER 24, 2024
Expansion of Cyber Insurance As cyberattacks grow in frequency and scale, the demand for cyber insurance will surge. In 2025, insurers will refine their policies to cover new threats such as ransomware and supply chain attacks, providing businesses with financial safeguards against cyber losses.
Security Affairs
FEBRUARY 8, 2024
Ransomware Attacks: In 2023, a whopping 72.7% of organizations faced ransomware. Data Breach Costs: The average global cost of a data breach in 2023 was $4.45 Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 Shockingly, 96% of these attacks come through email.
The Last Watchdog
APRIL 30, 2019
The CSF’s core principles have been incorporated into Europe’s GDPR , NYDFS’s cybersecurity requirement s, California’s Consumer Privacy Act and Ohio’s Data Protection Act. And they echo through a wide variety of other risk assessment tools and initiatives that touch on third-party risks and data privacy. Wrenn said. “So
SecureWorld News
MAY 18, 2021
This was fallout from the Colonial Pipeline shutdown due to a ransomware attack—a legitimate story, for sure. What kind of pressure hits an organization as it conducts incident response to a devastating ransomware attack? For context, here is where Tuma fits into the ransomware incident response process.
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