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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 cyberinsurance pricing and underwriting, and evaluating supply chain risk (i.e.,
M]uch of InfoSec management falls back on employee training and avoiding employee error – particularly with respect to phishing , spear phishing, and encryption lapses.”. Further reading : Top Data Loss Prevention (DLP) Solutions Best Encryption Software Top 8 CyberInsurance Companies Best Incident Response Tools and Software.
Originally, these attacks began as phishing emails that compromised employee credentials, but later variants branched into tricking members of the human resources (HR) and financial departments into making the changes for an executive. If you have cyberinsurance, will it cover some or all BEC incidents?
The threat of attacks against Critical National Infrastructure (CNI) – energy, utilities, telecommunications, and transportation – is now front of mind for many. This includes using easily guessed passwords and falling victim to phishing and socially engineered techniques such as business email compromise.
Phishing attacks , still the most common form of attack ( with 9 out of 10 data breach attempts originating from them ) will become next level. CyberInsurance In 2024, the cyberinsurance landscape is expected to undergo significant changes. Instead, they’ll be questioning can they afford not to.
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.
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