article thumbnail

The Cyber Insurance Landscape Has Grown More Complicated

SecureWorld News

When considering adding a cyber insurance policy, organizations, both public and private, must weigh the pros and cons of having insurance to cover against harm caused by a cybersecurity incident. Having cyber insurance can help ensure compliance with these requirements. Can companies live without cyber insurance?

article thumbnail

Cyber Insurance and the Changing Global Risk Environment

Security Affairs

When security fails, cyber insurance can become crucial for ensuring continuity. Cyber has changed everything around us – even the way we tackle geopolitical crisis and conflicts. If the technology were to become unavailable, the resulting business impact could be mitigated with cyber insurance.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cyber Insurance Premiums Suddenly Surging

SecureWorld News

New research reveals that a record number of organizations are buying cyber insurance policies as a tool for protecting themselves against cyber risk. However, the cost for those policies is rising dramatically as cyber insurance premiums soar up to 30% vs. the previous year. cyber insurance market.

article thumbnail

Top 10 Cybersecurity Trends to Expect in 2025

Hacker's King

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.

article thumbnail

MY TAKE: Can Hollywood’s highly effective ‘source-code’ security tools help make IoT safe?

The Last Watchdog

Related: HBO hack spurs cyber insurance market. In a business environment where DevOps, cloud computing and IoT services are proliferating, the notion of scrambling source code for every system, even every computing device tied into a network, is intriguing. But now we have IoT devices connecting into these ecosystems.

IoT 133
article thumbnail

Pepper and Embedded Insurance Partner on Cyber Insurance For Consumers, SMBs

Dark Reading

Now, if you've got an IoT network powered by Pepper, you can insure it through Embedded Insurance — even if your business is too small to support a SOC.

article thumbnail

Top Cybersecurity Trends to Watch Out For in 2025

Centraleyes

Cyber-Physical System (CPS) Security As manufacturing, healthcare, and transportation industries become more digitized, the integration of cyber-physical systemslike smart grids, industrial control systems, and IoT devicesis growing. In 2025, securing these cyber-physical systems will be crucial for preventing major disruptions.