CyberSecurity Insiders

FEBRUARY 21, 2023

But now a new file encrypting malware variant has emerged onto the block that demands ransom, based on the insurance cover. ransomware does so during negotiations and tries to find the exact amount to be covered with the cyber insurance and then demands ransom.

Insurance 124

Insurance Ransomware Cyber Insurance Encryption 124

Security Affairs

DECEMBER 2, 2020

Bleeping Computer has learned aware that K12 was hit by Ryuk ransomware and K12 paid the ransom utilizing their cyber insurance. At the time of this writing, it is not known the ransom amount. ” the company told Bleeping Computer.

Education 145

Education Cyber Insurance Insurance Ransomware 145

The Last Watchdog

MAY 29, 2024

Additionally, cyber insurance carriers and the Department of Defense’s CMMC standard now recommend or require advanced protective DNS solutions. Acohido is dedicated to fostering public awareness about how to make the Internet as private and secure as it ought to be. (LW LW provides consulting services to the vendors we cover.)

DNS 147

DNS Cyber Insurance Insurance Internet 147

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

The Last Watchdog

DECEMBER 18, 2024

As breaches continue to escalate in frequency and cost, the demand for cyber insurance and heightened regulatory compliance will rise, pushing companies to not only protect their data but to prove adherence to evolving security standards. Acohido Pulitzer Prize-winning business journalist Byron V.

Cybersecurity 130

Cybersecurity CISO Risk Government 130

The Last Watchdog

APRIL 30, 2019

That could be for insurance purposes. “As As with any insurance, cyber insurance really requires due care.” Acohido is dedicated to fostering public awareness about how to make the Internet as private and secure as it ought to be. Wrenn said. “So Privacy in focus The flip side of data security is privacy.

Cybersecurity 173

Cybersecurity Insurance Cyber Insurance Risk 173

Security Boulevard

MAY 12, 2022

In the early 1990s, the Internet industry needed to move packets as fast as possible because some marketing genius came up with the idea that everyone could have “Unlimited Internet Access” for $9.95 Those people belong in the Internet Hall of Fame. Truth be told, AOL made the Internet, the Internet.

Cyber Insurance 105

Cyber Insurance Insurance Marketing Firewall 105

Krebs on Security

JULY 24, 2018

The company determined the hacking tools and activity appeared to come from Russian-based Internet addresses. ” Castagnoli advises companies contemplating cyber insurance policies to closely scrutinize their policies and riders, and find an expert who can help craft a policy that is tailored for the insured.

Banking 198

Banking Insurance Computers and Electronics Cyber Insurance 198

The Last Watchdog

AUGUST 8, 2022

Will they be able to gain control of all the monitors or other remote devices (in our Internet of Things world) tied to the digital twin? Can they access industrial control systems? Will they be able to get into the SCADA systems perhaps tied to the digital twin? They need a comprehensive cybersecurity plan.

Artificial Intelligence 214

Artificial Intelligence Cyber Insurance Risk Telecommunications 214

SecureWorld News

AUGUST 21, 2020

The end result was hefty payment: "After careful consideration, the university decided to work with its cyber insurance provider to pay a fee to the ransomware attacker. This was done as a proactive and preventive step to ensure information was not released on the internet.". And number one is cyber insurance.

Ransomware 98

Ransomware Cyber Insurance Insurance Backups 98

The Last Watchdog

OCTOBER 5, 2023

Byron: Since I started, the cyber threat landscape has grown exponentially, with more sophisticated attacks and diverse attackers ranging from individual hackers to professional criminal rings to state-sponsored entities. Erin: Do you think cyber insurance should play a bigger role in companies’ cybersecurity strategies?

Cyber threats 203

Cyber threats Cyber Insurance Threat Detection Cybersecurity 203

BH Consulting

JULY 17, 2024

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.

Cyber Insurance 69

Cyber Insurance Insurance Risk Marketing 69

SecureList

NOVEMBER 9, 2022

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).

Cybersecurity 145

Cybersecurity Cyber Insurance Cybercrime IoT 145

SecureWorld News

NOVEMBER 2, 2022

A : Our profession should put a higher priority on implementing the controls required by cyber insurance carriers, because they're starting to figure out what really reduces the risk of a major incident. Kip will present a session on "Cyber Insurance for IT Professionals. " See the conference agenda and register here.

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. Market Size: The AI cyber security market was worth around $17.4 million per breach.

Social Engineering 140

Social Engineering Cyber Attacks Cyber Insurance IoT 140

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? Chamber of Commerce to evaluate more than 2,500 U.S.

Cyber Risk 241

Cyber Risk Energy and Utilities Risk Marketing 241

The Last Watchdog

MARCH 1, 2019

The ability to prove you have a process, and demonstrate the audit trail showing you used that process, will become the subject of increased scrutiny by regulators and cyber insurance underwriters. Acohido is dedicated to fostering public awareness about how to make the Internet as private and secure as it ought to be. (LW

Threat Detection 193

Threat Detection Digital transformation Marketing Firewall 193

SC Magazine

FEBRUARY 10, 2021

Sachin Bansal, general counsel at SecurityScorecard, spoke with SC Media about ratings, and how they can be used to strengthen the supply chain, determine cyber insurance premiums and as an investigative tool for an oversight body. These scores are updated every day because the internet changes every day.

Cyber Insurance 83

Cyber Insurance Insurance Cyber Risk Government 83

SecureWorld News

NOVEMBER 12, 2020

The problems with the RDP is that it suffers from vulnerabilities that can be exploited and the RDP service may rely on internet-facing servers which are easily accessed.". Another significant finding is that nearly half of organizations that get hit are now paying hacker ransoms.

Cyber threats 128

Cyber threats Insurance Cyber Insurance Ransomware 128

Hacker Combat

JULY 31, 2020

Carry Cyber Insurance. This makes carrying a cyber insurance policy with a reputable carrier a good idea. In addition to providing vital financial assistance in the wake of a data breach, cyber insurers scrutinize your security arrangements before agreeing to issue a policy. This must be addressed head-on.

Cybersecurity 69

Cybersecurity Cyber Insurance Insurance Data breaches 69

SecureWorld News

DECEMBER 7, 2022

Scott Register, VP of Security Solutions at Keysight Technologies, discusses this trend: "Deepfake technology to date has resulted in political confusion, internet chatter, and some amusing mashup videos, but expect this to change in the near term. Cyber insurance trends in 2023.

Cybersecurity 98

Cybersecurity Cyber Insurance Insurance Social Engineering 98

eSecurity Planet

SEPTEMBER 29, 2022

But the mere presence of closet security testers secretly carrying out pentests on partner and customer internet-facing resources could have serious repercussions on relationships if discovered. Poor cybersecurity reports can impact analyst recommendations and raise costs for loans and cyber insurance ,” said Taylor.

Insurance 119

Insurance Internet Internet Software 119

eSecurity Planet

OCTOBER 5, 2021

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.

Ransomware 132

Ransomware Backups Insurance Cyber Insurance 132

Adam Levin

JULY 8, 2020

A whopping 97 percent failed to use DNSSEC , a domain security protocol designed to address core vulnerabilities in the foundations of the internet itself. More than half of the companies surveyed used retail-grade registrars, which typically provide less in the way of security safeguards and training than enterprise-grade registrars.

Hacking 130

Hacking Retail Cyber Insurance Authentication 130

Adam Levin

MARCH 16, 2020

The Federal Bureau of Investigation’s 2019 annual Internet Crime Report included 467,361 complaints about suspected internet crime with losses of $3.5 Of those cases, 23,775 of them were business email compromises (BEC). It’s Time to Do Something.

Scams 130

Scams Identity Theft Accountability Phishing 130

CyberSecurity Insiders

JANUARY 10, 2023

Increased vulnerability is causing headaches and expenses due to numerous societal shifts – whether it’s the proliferation of the internet of things (IoT) in every aspect of business and society, or the widespread adoption of home and remote working that began during the Covid-19 pandemic and has persisted in many organizations.In

Cybersecurity 108

Cybersecurity Identity Theft Cyber Insurance Digital transformation 108

SecureWorld News

NOVEMBER 1, 2021

The unbridled optimism that spoke to so many at the dawn of the internet age has given way to malign actors, big and small, confident in their ability to evade the consequences for the harms they use cyberspace to inflict.". RESOURCE] Listen to the recent SecureWorld podcast episode featuring U.S.

Cybersecurity 96

Cybersecurity Government Cyber Insurance Technology 96

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. Moreover, RDP ports are often exposed to the internet, which allows threat actors to easily scan for open ports and launch brute-force attacks.

Cyber Attacks 59

Cyber Attacks Phishing Ransomware Cyber Insurance 59

SecureWorld News

OCTOBER 20, 2021

Lastly, Accenture confirms it has cyber insurance, but if it is under-insured, the business could still face significant impacts from a cyberattack and the resulting litigation: These monetary damages might not be subject to a contractual limit of liability or an exclusion of consequential or indirect damages and could be significant.

Cyber Risk 98

Cyber Risk Risk Insurance Cyber Insurance 98

ForAllSecure

MAY 17, 2023

Chris Gray of Deep Watch talks about the view from the inside of a virtual SOC, the ability to see threats against a large number of SMB organizations, and the changes to cyber insurance we’re seeing as a result. And, as my guest will say later in this podcast, these virtual SOCs are like pen testing the internet.

Internet 40

Internet Internet Insurance Cyber Insurance 40

SecureWorld News

DECEMBER 29, 2022

As you will see from the list of trends articles and blogs above, there are a lot of overlapping trends (AI, cyber insurance, cyber resilience, cyber workforce), as well as a few unique takes from the authors and experts interviewed for the pieces.

Cybersecurity 96

Cybersecurity CISO Artificial Intelligence Cyber Insurance 96

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. Talk more soon.

Digital transformation 113

Digital transformation Cyber Risk Risk Penetration Testing 113

Malwarebytes

JULY 21, 2022

Then there are the expanded values gained from compliance, such as assurances you can provide to executives and Boards about the organization’s cybersecurity posture, or your improved stance for cyber insurance.

DNS 94

DNS Cyber Insurance Insurance Threat Detection 94

CyberSecurity Insiders

OCTOBER 24, 2022

Attackers distribute this ransomware as an email attachment or try to exploit vulnerabilities in web browsers and other services exposed to the internet. Cyber insurance. Often, educational institutions see cyber insurance as a needless expense. Until they need it. Conclusion.

Education 58

Education Cyber Attacks Cyber Insurance Insurance 58

The Last Watchdog

SEPTEMBER 20, 2019

Eventually, governments will address the risk by beefing up security and purchasing cyber insurance, which go hand in glove. Acohido is dedicated to fostering public awareness about how to make the Internet as private and secure as it ought to be. (LW I’ll keep watch.

Ransomware 153

Ransomware Government Firewall Cyber Insurance 153

SecureWorld News

DECEMBER 2, 2020

We carry insurance, including cyber insurance, which we believe to be commensurate with our size and the nature of our operations. Which of the ransomware gangs or groups hit K12 Inc and its network in this cyber attack? In fact, Ransomware became the number one type of cyber attack claim insurers dealt with in 2020.

Insurance 59

Insurance Cyber Insurance Ransomware Backups 59

Herjavec Group

FEBRUARY 18, 2021

I was personally honored in my early career to work for Wang Laboratories and was invited to share one of my visions ‘fax over the internet’ with the company, which I invented. Within this whirlwind of all things moving to the internet, insurance vendors recently began to take cyber insurance very seriously.

Digital transformation 81

Digital transformation Computers and Electronics Cyber Insurance Insurance 81