Security Affairs

FEBRUARY 21, 2023

Recently emerged HardBit ransomware gang adjusts their demands so the insurance company would cover the ransom cost. For those who have cyber insurance against ransomware attacks. That way you would have avoided a leak and decrypted your information. Very important! reads the ransom note.

Insurance 98

Insurance Ransomware Cyber Insurance Malware 98

Security Affairs

AUGUST 21, 2020

The university notified appropriate law enforcement entities, and the university’s Information Security Office (ISO) investigated and resolved the incident in consultation with an external firm that specializes in responding to ransomware attacks.” ” reads a press release published by the University.

Ransomware 145

Ransomware Cyber Insurance Insurance Advertising 145

The Hacker News

OCTOBER 24, 2022

Virtual Chief Information Security Officer (vCISO) services (also known as 'Fractional CISO' or 'CISO-as-a-Service') are growing in popularity, especially as growing cyber threats, tightening regulatory demands and strict cyber insurance requirements are driving small to medium-sized enterprises demand for strategic cybersecurity and compliance guidance (..)

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CISO Cyber Insurance Insurance Cyber threats 113

Security Affairs

OCTOBER 20, 2024

CISA adds Fortinet products and Ivanti CSA bugs to its Known Exploited Vulnerabilities catalog Nation-state actor exploited three Ivanti CSA zero-days Dutch police dismantled dual dark web market ‘Bohemia/Cannabia’ macOS HM Surf flaw in TCC allows bypass Safari privacy settings Iran-linked actors target critical infrastructure organizations (..)

Data breaches 117

Data breaches Cybercrime Cyber Insurance Marketing 117

Security Affairs

FEBRUARY 6, 2021

WestRock is also working with its vendors so they are informed, and supply chains remain operational.” ” WestRock confirmed that it has cyber insurance business interruption insurance. The Company maintains a variety of insurance policies, including cyber insurance and business interruption insurance.

Ransomware 145

Ransomware Insurance Cyber Insurance Technology 145

Duo's Security Blog

OCTOBER 18, 2021

One area where campuses have been collaborating recently are changes around cyber liability insurance for higher education, an opportunity for campus cybersecurity teams to combine forces with their risk management team. In a recent Duo blog post, we gave an overview of cyber liability insurance.

Insurance 97

Insurance Education Risk Cyber Insurance 97

Security Boulevard

JUNE 26, 2022

How Information Security Breaks The Classic IT Model. That $3.29, even with cyber insurance, is still a significant hit to the organization’s bottom line. How does information security fit into the producer/consumer model? In some cases, yes, information security does fit into this in several ways: a.

Information Security 98

Information Security Technology Marketing Data breaches 98

BH Consulting

JUNE 22, 2021

Organisations are coming under increasing pressure to take out cybersecurity insurance cover. Also known as cyber risk insurance, it’s now a prerequisite in some public sector tenders. In reality, the tenderer should be asking every bidder questions such as: Is it certified to an independent security standard like ISO 27001 ?

Insurance 83

Insurance Cybersecurity Cyber Insurance Cyber Risk 83

The Last Watchdog

DECEMBER 18, 2024

CISA updated its Secure by Design guidance, and the EUs Cyber Resilience Act and NIS2 added new requirements. Proactive collaboration and cyber risk quantification are key to ensuring operational resilience and security. Overemphasizing compliance risks diverting resources from advanced security challenges.

Cybersecurity 130

Cybersecurity CISO Risk Government 130

Security Boulevard

NOVEMBER 3, 2022

What Cybersecurity Needs To Know About Segregation Of DutiesCybersecurity has moved to the top of the list of priorities of CISOs and not just because of the astronomical cost of cyber insurance. billion on information security and risk management products and […].

Cyber Insurance 98

Cyber Insurance Insurance CISO Information Security 98

Security Affairs

JUNE 5, 2020

“As per our researchers, this data leak includes the company’s cyber insurance documents, various contract calculations worksheets, NASA give review rules, and much more.” . “Just like previous data leaks, the Cyble Research Team has also identified and verified this data leak.”

Engineering 145

Engineering Ransomware Cyber Insurance Advertising 145

SecureWorld News

AUGUST 18, 2020

Security researcher and pentester Vinny Troia tells SecureWorld that although some hackers love making headlines and the notoriety of it all, most have a very specific motivation for their attacks: "Money, money. Ransomware attacks: another argument for cyber insurance? And number one is cyber insurance.

Cyber Insurance 98

Cyber Insurance Ransomware Insurance Technology 98

CyberSecurity Insiders

SEPTEMBER 13, 2022

The survey conducted financial risks evaluator Kroll states that in the past few months, beginning this year of 2022, over 71% of organizations suffered over 5 million financial losses that emerged from cyber risks and 33% of them suffered repetitive incidents. So, how CFOs should respond to such situations?

Cyber Risk 131

Cyber Risk Risk Cyber Insurance Insurance 131

Security Affairs

DECEMBER 28, 2022

The chief executive of insurance giant Zurich warns that cyber attacks, rather than natural catastrophes, will become uninsurable. Mario Greco, chief executive of insurer giant Zurich, has warned that cyber attacks will become soon “uninsurable.”.

Cyber Attacks 98

Cyber Attacks Cyber Insurance Insurance Cyber Risk 98

CyberSecurity Insiders

MAY 1, 2023

Well, under certain circumstances, local laws stipulate that all companies dealing with customer data must efficiently use resources and funds to protect the information from cybercriminals and state-funded hacks. Those that fail to do so will be eligible for prosecution by data watchdogs, also known as Information Security Commissioners.

Data breaches 138

Data breaches Cyber Insurance Insurance Technology 138

SecureWorld News

NOVEMBER 2, 2022

Kip Boyle is the virtual Chief Information Security Officer (vCISO) for several companies. He helps senior decision makers overcome cybersecurity sales objections and manages unlimited cyber risks through rigorous prioritization. Kip will present a session on "Cyber Insurance for IT Professionals. "

Cybersecurity 98

Cybersecurity Cyber Insurance Insurance Cyber Risk 98

Security Affairs

FEBRUARY 8, 2024

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. Data Breach Costs: The average global cost of a data breach in 2023 was $4.45

Social Engineering 142

Social Engineering Cyber Attacks Cyber Insurance IoT 142

Security Affairs

MAY 1, 2020

Banco BCR has yet to disclose the security breach. Maze Ransomware ransomware operators recently disclose other attacks against different organizations, including IT services giant Cognizant , and cyber insurer Chubb. Please vote Security Affairs for European Cybersecurity Blogger Awards – VOTE FOR YOUR WINNERS [link].

Ransomware 145

Ransomware Banking Cyber Insurance Advertising 145

Krebs on Security

DECEMBER 12, 2018

Is it fair to judge an organization’s information security posture simply by looking at its Internet-facing assets for weaknesses commonly sought after and exploited by attackers, such as outdated software or accidentally exposed data and devices? the security posture of vendor partners).

Cyber Risk 243

Cyber Risk Energy and Utilities Risk Marketing 243

Security Affairs

JULY 8, 2019

The good news is that La Porte County has a cyber insurance that will cover part of the costs sustained to restore the activity after the attack.

Government 108

Government Insurance Cyber Insurance Cyber Attacks 108

Andrew Hay

JULY 26, 2018

Though the breaches are concerning, the real story is that the financial institution suing its insurance provider for refusing to fully cover the losses. This, unfortunately, is the nature of insurance. Cyber security insurance cannot and should not, however, be viewed as your primary means of defending against an attack.

Insurance 45

Insurance Computers and Electronics Banking Cybercrime 45

CyberSecurity Insiders

JANUARY 24, 2022

CINCINNATI–( BUSINESS WIRE )–Great American Insurance Group recently launched EagleEye? According to Betty Shepherd, Divisional Senior Vice President, Great American Cyber Risk, EagleEye is a valuable loss prevention tool for insureds. We jumped at the opportunity to build a compelling solution for insureds.

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Cyber Risk Insurance Risk Cyber Insurance 52

Daniel Miessler

MARCH 20, 2022

I’m starting a new series with this 2022 edition where I think about what Information Security could or should look like in the distant future—say in 2050. HT to Jeremiah Grossman to also being very early to seeing the role of insurance in InfoSec. You need these inspections or else you can’t get insured.

InfoSec 180

InfoSec Insurance Technology Engineering 180

The Security Ledger

AUGUST 20, 2019

We talk to Bruce McDonnell of the East West Institute about how insurers are responding. Related Stories Episode 155: Disinformation is a Cyber Weapon and APTs warm to Mobile Malware Podcast Episode 117: Insurance Industry Confronts Silent Cyber Risk, Converged Threats NotPetya Horror Story Highlights Need for Holistic Security.

Insurance 40

Insurance Cyber Risk Risk Cyber Insurance 40

Security Affairs

OCTOBER 30, 2023

71% Absence of incidents or breaches, 59% Estimated savings of reputational or customer-related impacts as a result of a security program. 54% Financial savings estimated from avoiding risk, 51% Risk assessment (internal or external), 32% Agility and speed of security teams’ responsiveness, and 7% Discount on cyber insurance.

Cyber Insurance 136

Cyber Insurance Hacking Insurance CISO 136

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 141

Ransomware Cryptocurrency Insurance Cybercrime 141

Security Affairs

OCTOBER 13, 2019

The hospital chain hasn’t revealed the amount it has paid to the crooks to decrypt the data, it seems that an insurance covered the cost. “We had to gain access to our system quickly and gain the information it was blocking,” chief operating officer Paul Betz told a news conference. ” continues the post.

Ransomware 103

Ransomware Insurance Cyber Insurance Advertising 103

eSecurity Planet

AUGUST 9, 2022

are subject to laws such as the Health Insurance Portability and Accountability Act (HIPAA) and the Health Information Technology for Economic and Clinical Health Act (the HITECH Act), as well as regulations such as the Clinical Laboratory Improvements Amendments (CLIA). Security, Privacy and Compliance Can Conflict.

Data privacy 145

Data privacy Encryption Data breaches Insurance 145

Security Affairs

FEBRUARY 25, 2024

Wages Cyber War on Russian Military Botnet Spyware leak offers ‘first-of-its-kind’ look inside Chinese government hacking efforts Cybersecurity Former NSA chief calls for alternative approach to cyberdefense Spyware startup Variston is losing staff — some say it’s closing FTC Accuses Avast of Selling Customer Browsing Data to Advertisers Message with (..)

Spyware 130

Spyware Cyber Insurance Hacking Advertising 130

Security Affairs

APRIL 24, 2022

T-Mobile confirms Lapsus$ had access its systems Are you using Java 15/16/17 or 18 in production? Patch them now!

Cyber Insurance 100

Cyber Insurance Spyware Firmware Hacking 100

SecureWorld News

DECEMBER 1, 2022

A panel of practitioner experts breaks it all down in our recent Remote Sessions webcast, "Countdown to CPRA: What Information Security Professionals Need to Know Now," now available on-demand. Cyber insurance (critical). Well documented policies and standards for employees (data handling).

InfoSec 98

InfoSec Cyber Insurance Consumer Protection Insurance 98

SecureWorld News

DECEMBER 29, 2022

Some were unexpected, and many were predictable, but all are important to consider when making plans for security in 2023.". Top 3 Information Security Hiring Trends for 2023 – " Here are three key takeaways to keep in mind when researching for a new role in InfoSec in 2023. ".

Cybersecurity 97

Cybersecurity CISO Artificial Intelligence Cyber Insurance 97

Thales Cloud Protection & Licensing

AUGUST 11, 2021

Cyber crooks are getting more sophisticated and IT professionals have tough times struggling to detect and block malicious interventions at early stages. Be it health care or information security, it reasonably attempts to take actions in advance. Ransomware incidents covered by cyber insurance policies.

Ransomware 71

Ransomware Insurance Encryption Cyber Insurance 71

SC Magazine

JUNE 15, 2021

expects to begin to recover the losses in quarters three and four, largely through insurance coverage. Coats is a member of the Cybersecurity Collaborative , a chief information security officer membership organization owned by SC Media parent company CyberRisk Alliance. Will our cyber insurer buy it or would we?”

Ransomware 60

Ransomware Insurance Cyber Insurance Risk 60

Security Boulevard

JUNE 23, 2022

The World Economic Forum’s Global Risks Report has consistently ranked cyber attacks among the top seven risks facing the planet in terms of likelihood and impact, while high-profile CEOs including Warren Buffett of Berkshire Hathaway and Jamie Dimon of JPMorgan Chase see them as the number-one threat to business. 2 Talk to your CISO.

Insurance 52

Insurance Cyber Risk CISO Cyber Insurance 52

SecureWorld News

AUGUST 23, 2023

Defending and Investigating Advanced Intrusions on Secure Email Gateways" at SecureWorld Dallas on Oct. This is already the case with cyber insurance, and NIST's recent update will help organizations not just reduce their threat landscape but also be better positioned for compliance, audit, and insurance requirements on cybersecurity.

Cybersecurity 98

Cybersecurity CISO Government Risk 98

Centraleyes

DECEMBER 19, 2024

While HIPAA mandates the protection of electronic health information (ePHI) through administrative, physical, and technical safeguards, it doesnt go into the weeds of specific cybersecurity practices. Specific attention is given to email-based threats, which are responsible for a growing number of security incidents in healthcare.

Healthcare 52

Healthcare Cybersecurity Penetration Testing CISO 52