Krebs on Security

DECEMBER 12, 2018

The stated use cases for the Cyber Risk Score include the potential for cyber insurance pricing and underwriting, and evaluating supply chain risk (i.e., the security posture of vendor partners). ENTIRELY, CERTIFIABLY PREVENTABLE.

Cyber Risk 243

Cyber Risk Energy and Utilities Risk Marketing 243

The Last Watchdog

OCTOBER 5, 2023

Editor’s note: I recently had the chance to participate in a discussion about the overall state of privacy and cybersecurity with Erin Kapczynski, OneRep’s senior vice president of B2B marketing. Erin: What are some of the biggest cyber threats that businesses face today? Erin: Deep fakes are becoming more sophisticated.

Cyber threats 203

Cyber threats Cyber Insurance Threat Detection Cybersecurity 203

Cisco Security

JANUARY 10, 2023

As a result of this, next year we could see CISOs tightening up the disclosure decision making process, focusing on quicker and greater clarity on breach impact, and even looking to include personal liability cover in cyber insurance contracts. Increasing demands from insurers. Getting the basics right.

CISO 142

CISO Insurance Cyber Insurance Phishing 142

SecureList

NOVEMBER 9, 2022

Phishing attacks are going to become even more sophisticated, since a lot of basic tactics have already been tried this year, and businesses learned to repel those. Arthur Laudrain, Strategic Analyst (Cyber Program), The Hague Centre for Strategic Studies. Yury Slobodyanuk , head of content filtering research, Kaspersky.

Cybersecurity 144

Cybersecurity Cyber Insurance Cybercrime IoT 144

Digital Shadows

NOVEMBER 26, 2024

Key Points Phishing incidents rose during the reporting period (August 1 to October 31, 2024), accounting for 46% of all customer incidents. This increase is likely driven by high employee turnover and easy access to phishing kits. Meanwhile, “RansomHub” is rising rapidly due to its attractive ransomware-as-a-service (RaaS) model.

Cyber Attacks 59

Cyber Attacks Phishing Ransomware Cyber Insurance 59

eSecurity Planet

OCTOBER 18, 2022

The vast majority of cybersecurity decision makers – 91 percent, in fact – find it difficult to select security products due to unclear marketing, according to the results of a survey of 800 cybersecurity and IT decision makers released today by email security company Egress. Also read: eSecurity Planet’s 2022 Cybersecurity Product Awards.

Marketing 123

Marketing Cyber Insurance Security Awareness Cybersecurity 123

BH Consulting

JULY 17, 2024

He added that IT professionals relying on strong passwords or the ability to spot phishing isn’t enough. 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. The findings echo Coalition’s 2024 Cyber Claims report.

Cyber Insurance 69

Cyber Insurance Insurance Risk Marketing 69

Webroot

JUNE 2, 2022

We know there are many MDR solution providers on the market. Ransomware, malware and phishing threats keep evolving. SMBs are often attractive targets for bad actors looking to steal valuable data, extort money from their victims and more. However, Webroot MDR powered by Blackpoint provides a unique offering in the marketplace.

Threat Detection 116

Threat Detection Cyber Insurance Small Business Insurance 116

SecureWorld News

DECEMBER 7, 2022

This has led to a competitive job market and has made it difficult for businesses to find, hire, and retain the talent they need to protect themselves from cyberattacks. Cyber insurance trends in 2023. ISC)2 reported earlier this year that there is a shortage of about 3.4 million cybersecurity jobs worldwide.

Cybersecurity 98

Cybersecurity Cyber Insurance Insurance Social Engineering 98

Security Boulevard

FEBRUARY 8, 2023

Click here to watch the roundtable and learn about the future of cyber insurance from leading experts. In partnership with Cysurance, BlastWave hosted a roundtable entitled “The Future of Cyber Insurance and MSP Insurability. The expert panelists held an honest discussion about insurability difficulties for MSPs.

Cyber Insurance 52

Cyber Insurance Insurance Marketing Risk 52

Duo's Security Blog

SEPTEMBER 1, 2023

Unlike passwords, passkeys are always strong and phishing resistant. Passkeys based on Webauthn are proven to be resistant to phishing, credential stuffing, adversary-in-the-middle (AITM), server breaches and may other cyberattacks. It’s also a requirement to get cyber insurance.

Passwords 133

Passwords Authentication Insurance Cyber Insurance 133

SC Magazine

JULY 13, 2021

The data supports a June Avanan report , which confirmed health care has been among the most targeted with phishing attacks during the first half of 2021, alongside the IT and manufacturing industries. The health care sector saw over 6,000 phishing emails out of an average of 451,792 emails. Another 20.7% were attributed to extortion.

Data breaches 113

Data breaches Insurance Healthcare Education 113

Digital Shadows

JANUARY 14, 2025

A more crowded landscape will likely drive ransomware operators to demand higher ransoms and adopt more sophisticated attack strategies to ensure their market share. This access allows newcomers to launch significant attacks with minimal investment, intensifying competition as groups rush to capture market share.

Ransomware 126

Ransomware Social Engineering Phishing VPN 126

Security Boulevard

JUNE 29, 2024

Powered by WormGPT and FraudGPT, hackers and scammers will continue to drive the cost of business higher as organizations pay more for cyber insurance. AI-Powered Email Phishing 91% of all cyberattacks start with email phishing. These data sets provide the specifics for hackers to adjust their phishing attacks.

Artificial Intelligence 72

Artificial Intelligence Engineering Cyber Insurance Phishing 72

BH Consulting

JUNE 22, 2021

What security measures will the insurance company ask you to have? The first point hints at the fraught relationship between cyber insurance and ransomware. The insurance provider Hiscox found that just over 58 per cent of its customers pay. John Mangan is Head of Sales and Marketing with BH Consulting.

Insurance 83

Insurance Cybersecurity Cyber Insurance Cyber Risk 83

Digital Shadows

OCTOBER 14, 2024

To counter these methods, organizations should prioritize educating users on phishing and social engineering techniques. English-speaking countries, particularly the US, UK, Canada, and Australia, have well-developed insurance markets and higher cybersecurity awareness, resulting in higher ransomware insurance adoption.

Ransomware 94

Ransomware Social Engineering Insurance Cyber Insurance 94

eSecurity Planet

JULY 8, 2022

“The current cyber landscape requires organizations to be as equipped as possible for ransomware attacks and other disaster events and must take measures to ensure their data can remain resilient,” said Andrew Silva, technical marketing manager at Zerto, a Hewlett Packard Enterprise (HPE) company.

Backups 142

Backups Ransomware Technology Marketing 142

Digital Shadows

NOVEMBER 26, 2024

Key Points Phishing incidents rose during the reporting period (August 1 to October 31, 2024), accounting for 46% of all customer incidents. This increase is likely driven by high employee turnover and easy access to phishing kits. Meanwhile, “RansomHub” is rising rapidly due to its attractive ransomware-as-a-service (RaaS) model.

Cyber Attacks 52

Cyber Attacks Phishing Ransomware Cyber Insurance 52

Thales Cloud Protection & Licensing

JULY 21, 2022

However, this stance indicates a lack of understanding of the effects of all the parties involved, such as cyber insurance underwriters, incident response firms, government regulations, and ransomware attribution. Marcelo Delima | Senior Manager, Global Solutions Marketing. Data Security. Identity & Access Management.

Cyber threats 71

Cyber threats Energy and Utilities Ransomware IoT 71

SecureWorld News

APRIL 1, 2021

Ransomware operators are coming up with innovative ways to market their operations to both cybercriminals and their victims. Furthermore, when an organisation has a cyber insurance policy, it might be able to claim the ransom back, which may encourage payment. Payment as a 'solution' in ransomware.

Ransomware 57

Ransomware Cyber Insurance Social Engineering Cybercrime 57

eSecurity Planet

FEBRUARY 16, 2021

Enterprise ransomware accounts for 81% of total infections, and by market segment, 62% are small to medium-sized businesses ( Symantec ). As ransomware keeps at its current pace, we see a boom in cyber insurance sales (see Ransomware Insurance: Cyber Insurance May Be the Best Protection ). Ransomware facts.

Ransomware 97

Ransomware Backups Software Encryption 97

BH Consulting

JUNE 13, 2023

Finance fraud and phishing scams increase in Ireland, too Financial fraud and scams in Ireland have risen by 560 per cent in three years. Phishing frauds involving email, text messages and video were up by 417 per cent in the same time period. MORE UK NCSC calls on the cyber insurance market to become more sophisticated.

Social Engineering 52

Social Engineering Data breaches Scams Ransomware 52

SC Magazine

JUNE 14, 2021

We’re not marketing this as something we want to make money off of. Also anti-phishing. Sometimes they have the cyber insurance policy. Ransomware negotiations are sometimes portrayed as a money-making racket. For us it’s not a profit center. We just sort of found ourselves in the middle of it.

Ransomware 85

Ransomware Passwords VPN Cyber Insurance 85

NetSpi Executives

APRIL 27, 2024

Attackers guess the passwords easily, find them in open source code repositories, or collect them via phishing. Average ransomware payouts are on the rise as attackers target bigger companies, specific sectors, and markets with deeper pockets. Some can’t afford not to pay, and some are covered by cyber insurance.

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

Centraleyes

APRIL 9, 2024

Allie Mellen , senior analyst at Forrester, underscores the reputational impact as the foremost concern, affecting brand value, customer conversion costs, and market share. Insurance Woes While grappling with the aftermath of breaches, organizations face an unexpected challenge – soaring cyber insurance premiums.

Data breaches 52

Data breaches Cyber Insurance Insurance Ransomware 52

Spinone

OCTOBER 13, 2020

Implement good email phishing/SPAM filtering to help filter out obvious malicious SPAM emails with infected links, attachments, and other files. There is no question that ransomware found in SPAM/phishing emails are one of the main threat vectors for a ransomware infection. Anti-Ransomware Software What is anti-ransomware software?

Ransomware 52

Ransomware Backups Data breaches Encryption 52

Jane Frankland

DECEMBER 7, 2023

Phishing attacks , still the most common form of attack ( with 9 out of 10 data breach attempts originating from them ) will become next level. Cyber Insurance In 2024, the cyber insurance landscape is expected to undergo significant changes. Instead, they’ll be questioning can they afford not to.

Cybersecurity 130

Cybersecurity Cyber threats Insurance Artificial Intelligence 130

Jane Frankland

JANUARY 12, 2025

Sophisticated social engineering tactics, phishing campaigns, or financial incentives make it easier for cybercriminals to use insiders as tools for gaining access and maintaining their foothold in systems rather than hacking in. Cyber threats often exploit human errors, whether through phishing attacks, weak passwords, or lapses in protocol.

Cybersecurity 130

Cybersecurity CISO Insurance IoT 130

SC Magazine

MARCH 29, 2021

Traditionally that has meant phishing lures, credential theft and other low-effort pathways, but some observers point to episodes like the recent weaponization of the Microsoft Exchange vulnerabilities by multiple ransomware groups and worry that attacks at the application software level could become a more attractive option in the near future.

Software 120

Software Hacking Government Cyber Insurance 120

The Last Watchdog

DECEMBER 15, 2024

Cunningham John Paul Cunningham , CISO, Silverfort Identity-based attacks in 2024, like those on Microsoft and Snowflake, are prompting insurers to intensify scrutiny in 2025. MFA attacks, leveraging phishing and session hijacking, are set to rise.

Cybersecurity 290

Cybersecurity Cyber threats CISO Energy and Utilities 290

eSecurity Planet

JUNE 1, 2021

Cybersecurity experts at both Microsoft and SecureWorks said that the hacker group – called Nobelium by Microsoft but which also is known as APT29 – accessed the Constant Contact email marketing account used by the U.S. Agency for International Development (USAID) to launch phishing campaigns against a broad array of targets.

Phishing 70

Phishing Mobile Government Cybersecurity 70

Adam Levin

DECEMBER 27, 2019

With the demand for cybersecurity professionals far exceeding supply, the market will start having openings for less qualified people. You’re going to have personal cyber insurance. I just mean there will be a shortage of experts–i.e., Water finds its level, but it will be rough for a while. .

Cybersecurity 100

Cybersecurity CISO IoT Insurance 100