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

CSO Magazine

FEBRUARY 21, 2023

But enterprise cybersecurity is a team sport involving multiple players—encompassing everything from technology vendors to cyber insurance providers and cyber defense platforms. Keep reading for our top takeaways from the event, and click here to watch the full webinar recording.

Cyber Insurance 70

Cyber Insurance Insurance Technology Cybersecurity 70

SecureWorld News

SEPTEMBER 10, 2020

Trends of cyber insurance claims for 2020. Coalition, a cyber insurance company, recently released a report detailing the categories of cyber attacks as well as the cause behind the attacks for the first half of 2020. 4 key takeaways from cyber insurance industry report. Cyber insurance works.

Cyber Insurance 69

Cyber Insurance Insurance Ransomware Cyber Attacks 69

Duo's Security Blog

OCTOBER 7, 2022

In fact, a recent report by Howden Insurance Brokers states that the number of brokers reporting rising demand for cyber liability insurance coverage has risen by 89%, and the number of brokers reporting an increase in claims has risen by 72%. Small business cyber insurance: Is it really needed?

Small Business 98

Small Business Cyber Insurance Insurance Cyber Risk 98

Webroot

JULY 25, 2022

The first in-person event for RSA since the global pandemic had a slightly lower turnout than in years past (26,000 compared to 36,000 attendees). Here are some of the key trends which we observed at this year’s first marquee cybersecurity event post-pandemic: 1. Cyber insurance becomes mainstream discussion.

Cyber Insurance 136

Cyber Insurance Insurance Marketing Ransomware 136

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 75

Technology DNS Cyber Insurance Insurance 75

SecureWorld News

AUGUST 18, 2020

Here is Carnival Corporation's ransomware and cyber incident statement, in full: On August 15, 2020, Carnival Corporation and Carnival plc (together, the "Company," "we," "us," or "our") detected a ransomware attack that accessed and encrypted a portion of one brand’s information technology systems. And if so, how much?

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. Cyber Skills Gap: By 2025, there could be 3.5 million per breach.

Social Engineering 141

Social Engineering Cyber Attacks Cyber Insurance IoT 141

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

CyberSecurity Insiders

DECEMBER 11, 2021

NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced it is partnering with leading cyber insurance companies to help businesses manage their risks online. As a result, some insurance companies have had to raise premiums to cover their costs.

Cyber Insurance 52

Cyber Insurance Insurance Cyber Risk Risk 52

Adam Levin

JUNE 30, 2020

In the same survey, 35 percent thought CEOs should be fined for a cyber failure, and 30 percent wanted to see a CEO lose his or her right to run any company following a serious cyber event. Another 23 percent thought the CEO should face a prison sentence. What can CEOs do?

Ransomware 186

Ransomware Insurance Cyber Insurance Manufacturing 186

Security Boulevard

AUGUST 22, 2022

Even with ransomware costing billions of dollars in losses and cyber insurance claims, organizations are still impacted beyond the checkbook. These attacks have driven the cost of cyber insurance premiums higher. Cyber insurance has become more critical to organizations to help offset the risk to the company.

Cybersecurity 98

Cybersecurity Cyber Insurance Insurance Risk 98

eSecurity Planet

OCTOBER 18, 2021

“From a technological standpoint this is a fairly old case, so whatever was in place then probably isn’t relevant to what needs to be in place today – but it does tie together the absolute gravity of the situation that we’re in,” Crockett said. ” Cyber Insurance No Longer Reliable.

Ransomware 105

Ransomware Cyber Insurance Insurance Digital transformation 105

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. Others factors will increase pressure on strengthening cybersecurity, too, as will unexpected events like, for instance, a global pandemic.

Insurance 126

Insurance Cybersecurity Cyber Insurance Government 126

The Last Watchdog

MARCH 1, 2019

There is a gaping shortage of analysts talented enough to make sense of the rising tide of data logs inundating their SIEM (security information and event management) systems. This, in short, is the multi-headed hydra enterprises must tame in order to mitigate rising cyber risks. But this hasn’t done the trick. Smart money.

Threat Detection 193

Threat Detection Digital transformation Marketing Firewall 193

Security Boulevard

MAY 12, 2022

Is The Cost Of Predictive Cyber Security Worth The Investment? Cybersecurity Events Becoming More Predictable ? Fraud investigation services related to any damaged related to a specific event. What Is Not Covered Under Cyber Insurance? Below is a list of adaptive controls needed for cyber insurance.

Cyber Insurance 105

Cyber Insurance Insurance Marketing Firewall 105

Webroot

JUNE 2, 2022

Leveraging this human security expertise, MDR integrates, synthesizes and contextualizes security and other event information to hunt for, understand and respond to security incidents. This allows MSPs to offer the best combination of human expertise and a robust technology stack to help small businesses defend against future attacks.

Threat Detection 116

Threat Detection Cyber Insurance Small Business Insurance 116

The Last Watchdog

SEPTEMBER 7, 2018

Related: HBO hack spurs cyber insurance market. I recently had the chance to meet with Mark Hearn and John O’Connor, of Irdeto, a 50-year-old software security and media technology company based in Amsterdam that has been a leading supplier of source code tracking and fingerprinting systems for big media companies.

IoT 133

IoT Technology Software Media 133

Joseph Steinberg

AUGUST 5, 2021

Interestingly, sometimes, the line between first-party damage and third-party damage can become blurred – especially if a business and its client have both been breached, and forensic analysis cannot conclusively establish either the sequence of events leading up to the breach and/or how the breach occurred. Which Do You Need?

Insurance 141

Insurance Risk Data breaches Artificial Intelligence 141

SecureWorld News

NOVEMBER 2, 2022

In the SecureWorld Spotlight Series, we learn about the speakers and Advisory Council members that make our events a success. In the private sector, he was a CISO for an insurance company, credit card processor, bank, credit union, and IT Managed Service Provider. Kip will present a session on "Cyber Insurance for IT Professionals. "

Cybersecurity 98

Cybersecurity Cyber Insurance Insurance Cyber Risk 98

SecureWorld News

DECEMBER 7, 2022

As the world becomes increasingly reliant on technology, cybersecurity remains a top priority for individuals, businesses, and governments alike. As cyber professionals continue to adopt the technology, so will malicious threat actors. Cyber insurance trends in 2023.

Cybersecurity 98

Cybersecurity Cyber Insurance Insurance Social Engineering 98

Security Boulevard

NOVEMBER 24, 2023

The traditional actuary models do not apply well to an environment where highly motivated, creative, and intelligent attackers are dynamically pursuing actions that cause insurable events. But even after two decades, there’s a wide range of loss ratios between insurers (-0.5% Variances and unpredictability make insurers nervous.

Insurance 72

Insurance Risk Cyber Insurance Cybersecurity 72

eSecurity Planet

MARCH 17, 2023

These platforms make it possible for security teams to analyze consolidated threat feeds from various external alerts and log events. TIPs contextualize these threats, offering security teams more information, usually at a faster rate than vendor threat feeds.

Network Security 121

Network Security Penetration Testing Firewall Software 121

eSecurity Planet

JULY 8, 2022

Ransomware has now emerged as one of the key reasons to have a DR plan and DR technology in place. There are hardware elements such as having a redundant data center, where the enterprise can fail over during an event. This type of backup and DR technology offers RPOs measured in hours. “The Disaster Recovery and Ransomware.

Backups 142

Backups Ransomware Technology Marketing 142

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. Downtime and lost productivity during the event and recovery period can severely impact business operations.

Ransomware 140

Ransomware Cryptocurrency Insurance Cybercrime 140

Security Boulevard

JUNE 26, 2022

That $3.29, even with cyber insurance, is still a significant hit to the organization’s bottom line. Technology Producers and Corporate Consumers. Does the technology producer have the needed resources to sustain operational technology expectations even during budget cuts? Culture of Security.

Information Security 98

Information Security Technology Marketing Data breaches 98

Adam Levin

AUGUST 26, 2019

While it’s easy to dismiss the Capital One breach as a sort of ho-hum cataclysmic event, two follow-up news stories grabbed my attention. As the notion of who is liable for a data breach expands, it’s becoming more of a necessity to get cyber insurance coverage. Neither were boring. The Takeaway.

Data breaches 142

Data breaches Cyber Insurance Hacking Insurance 142

Daniel Miessler

MARCH 20, 2022

The ideas will cover multiple aspects of InfoSec, from organizational structure to technology. Technology. In the next 15-30 years we’ll see a move from wizardry to accounting—and a much more Operational Technology approach to the discipline in general. Technology. Introduction. Org Structure. Regulation.

InfoSec 180

InfoSec Insurance Technology Engineering 180

SecureWorld News

MAY 5, 2023

Since City of Dallas' Information and Technology Services detected a cyber threat Wednesday morning, employees have been hard at work to contain the issue and ensure continued service to our residents," he said. He will also present at the May 18 event on "Cybersecurity Really Is a Team Sport." Register here.

Ransomware 98

Ransomware Cyber Risk Cyber Insurance Social Engineering 98

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. Partner up!

Government 64

Government Cybersecurity Cyber Insurance Insurance 64

Adam Levin

MARCH 16, 2020

That is exponentially more expensive than other cyber events. 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. billion in BEC scam-related losses the year before.

Scams 130

Scams Identity Theft Accountability Phishing 130

NetSpi Executives

APRIL 27, 2024

Ransomware, a definition Ransomware is a set of malware technologies, hacking techniques, and social engineering tactics that cybercriminals use to cause harm, breach data, and render data unusable. Some can’t afford not to pay, and some are covered by cyber insurance. Should I get a ransomware cyber insurance policy?

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

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. This demonstrates how threat actors are willing to exploit even the most sensitive of events for malicious purposes.

Cyber Attacks 59

Cyber Attacks Phishing Ransomware Cyber Insurance 59

SecureWorld News

JANUARY 21, 2024

The costs of recovering from such incidents, especially for smaller organizations without cyber insurance, can be devastating. Choosing the right technology partners Selecting technology partners who understand the unique security challenges that nonprofits can face is crucial.

Cybersecurity 104

Cybersecurity Backups Cyber threats Software 104

Centraleyes

JUNE 11, 2024

It’s about laying down a blueprint that can adapt and morph in real-time Integrate Technology into Risk Management Processes Integrating cutting-edge technological tools into risk management introduces new levels of efficiency and insight for security teams. Time is of the essence when it comes to patch management.

Risk 52

Risk Cyber Insurance Insurance Authentication 52