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The Evolving Role of Cyber Insurance in Mitigating Ransomware Attacks

SecureWorld News

In this regard, many have touted cyber insurance as the knight in shining armor, the end all-be all in terms of mitigating criminals' assaults on your network. Here, cyber insurance serves as an invaluable safety net by offering essential financial coverage and support services in the event of a ransomware attack occurring.

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Beyond Compliance: The Advantage of Year-Round Network Pen Testing

The Hacker News

IT leaders know the drill—regulators and cyber insurers demand regular network penetration testing to keep the bad guys out. But here’s the thing: hackers don’t wait around for compliance schedules.

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Beyond Compliance: The Power of Proactive, Year-Round Network Pen Testing

eSecurity Planet

IT leaders know that the reason regulators and cybersecurity insurers require them to conduct network penetration testing is to ensure they’re protecting their networks from being accessed by attackers. You can’t do ongoing penetration testing if you’re paying a consultant to do it,” says Wells.

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[Q&A] Chubb Cyber Insurance Clients Activate Proactive Security with NetSPI

NetSpi Executives

In case you missed it, Chubb, one of the leading publicly traded property and casualty insurance companies, announced an innovative collaboration with NetSPI to strengthen client cyber-risk profiles via enhanced attack surface management and penetration testing solutions. What is proactive security?

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Krispy Kreme Cyber Attack a Wake-Up Call for the Food Industry

SecureWorld News

Despite these setbacks, the company has stated that, with its cyber insurance coverage and ongoing remediation efforts, it doesn't expect a long-term material impact on its business fundamentals. The incident contributed to a short-term stock price dip of about 2% and added to operational expenses during the recovery phase.

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Scanning for Flaws, Scoring for Security

Krebs on Security

companies with the Cyber Risk Score, and then invited these companies to sign up and see how their score compares with that of other organizations in their industry. 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.,

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SHARED INTEL Q&A: My thoughts and opinions about cyber threats — as discussed with OneRep

The Last Watchdog

Erin: Do you think cyber insurance should play a bigger role in companies’ cybersecurity strategies? What factors should organizations consider when selecting a cyber insurance policy? Leadership should prioritize cybersecurity at all levels. Regular awareness training for employees is indispensable.