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As market for cyber insurance booms, watchdog calls for better data

SC Magazine

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.

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LW ROUNDTABLE: Compliance pressures intensify as new cybersecurity standards take hold

The Last Watchdog

And industries like healthcare face persistent targeting due to their outdated systems and high-value data. Owen Dylan Owen , CISO, Nightwing In 2025, cyber regulations will impact key sectors like Defense, Healthcare, Finance, and Energy. Acohido Pulitzer Prize-winning business journalist Byron V.

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26 Cyber Security Stats Every User Should Be Aware Of in 2024

Security Affairs

Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 Cyber Skills Gap: By 2025, there could be 3.5 million unfilled cyber security jobs, showing a big need for skilled professionals. Soaring Cyber Crime Costs: Cyber crime costs are expected to hit $10.5

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Security Roundup July 2024

BH Consulting

Cyber insurance: whisper it, but it seems to be working Cyber insurance premiums have dropped by 15 per cent compared to their peak in 2022. Even though more companies are buying cyber insurance, Howden found prices are falling through a combination of more providers in the market, and companies improving their security.

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Report: Cyberattacks drive 185% spike in health care data breaches in 2021

SC Magazine

Now as the healthcare industry gets some breathing room from the pandemic, another one is surging – cyberattacks,” Dan L. We, as healthcare leaders, must seize this opportunity to educate and inform stakeholders on the current cybersecurity threat landscape and the actions needed to combat these attacks.”.

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Cybersecurity threats: what awaits us in 2023?

SecureList

Businesses most at risk are aerospace and defense contractors, as well as critical infrastructure operators (utilities such as water, electricity, and Internet, but also hospitals and operators of large cyber-physical systems such as dams). What cybersecurity challenges will industries face next year? Ransomware as a service (RaaS).

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How to Recover From a Ransomware Attack

eSecurity Planet

Paying for internal assessments and penetration tests by a third party can provide fresh thinking and a level of assurance for stakeholders such as customers, the board of directors, and the insurance company that wrote our cyber insurance policy. Cut off network and internet access for the affected computer, server, or office.