eSecurity Planet

JULY 12, 2022

Cyber Insurer Provides Help. As Spectra Logic had the foresight to take out cyber insurance , Chubb representatives were professional and helpful, according to Mendoza. Also read: Top 8 Cyber Insurance Companies for 2022 Best Ransomware Removal and Recovery Services. Most had been infected.

Ransomware 144

Ransomware Cyber Insurance Backups Insurance 144

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. From Security Awareness to Culture Change.

CISO 142

CISO Insurance Cyber Insurance Phishing 142

SecureWorld News

DECEMBER 7, 2022

Cyber insurance trends in 2023. As the three previous trends discussed how certain aspects of the cybersecurity industry will continue to grow in 2023, expect the same from the cyber insurance market. Security leaders will start integrating human risk management into their overall security strategy.

Cybersecurity 98

Cybersecurity Cyber Insurance Insurance Social Engineering 98

Webroot

SEPTEMBER 7, 2023

This is all happening while companies are spending trillions digitizing their business operations and trying to obtain secure cyber insurance while keeping up with regulatory changes in GDPR, HIPAA, and Sarbanes-Oxley. The best way to weather these challenges is to become a cyber resilient business.

Encryption 122

Encryption Cyber Insurance Cybercrime Phishing 122

eSecurity Planet

OCTOBER 18, 2022

The survey also found almost unanimous faith in the benefits of security awareness training: Fully 96 percent of respondents believe training can bring about long-term, positive changes to their employees’ cybersecurity behavior. ” Also read: Cybersecurity Training and Tech Aren’t Enough; ‘Culture Change’ Needed.

Marketing 124

Marketing Cyber Insurance Security Awareness Cybersecurity 124

CyberSecurity Insiders

JANUARY 6, 2023

Slow Gains on Storage and Backup Security. Awareness about the perils of backup, storage, and data recovery is rising – but nowhere near quickly enough to catch up with the cyber-attack innovation. Insurance Refusals and Rate Hikes. But not insurance companies.

Backups 136

Backups Ransomware Insurance Cyber Insurance 136

Cytelligence

JANUARY 14, 2020

The rise of cyber insurance – Underwriters will sell more cyber insurance policies for businesses and government agencies such as schools, hospitals and utilities. Insurance companies may guide their policyholders to pay ransoms, as this is generally cheaper than having to recover from a ransomware attack.

Cybersecurity 65

Cybersecurity Cyber Insurance Insurance Ransomware 65

SecureWorld News

JUNE 18, 2020

In a conversation with Roger Grimes of security awareness firm KnowBe4, he discussed the dangers associated with nuclear ransomware: "They are going to determine your company's crown jewels and take it. SecureWorld News reported on Cognizant's run-in with Maze, which is an example of this.

Ransomware 61

Ransomware Insurance Cyber Insurance Manufacturing 61

Malwarebytes

SEPTEMBER 30, 2022

Take cyber insurance , for example. Cyber insurance can prevent local governments from having to pay huge out of pocket costs in the event that they’re hit with a cyberattack. 24/7 monitoring of cyber threats. Employee security awareness training. Baltimore learned this the hard way. (An

Government 64

Government Cybersecurity Cyber Insurance Insurance 64

SecureWorld News

OCTOBER 19, 2023

Investing in security awareness training has a bottom line impact. Arndt continued: " Organizations need to rekindle more significant resource allocations toward security awareness and training efforts. As cyber threats surge, the expenses associated with cyber insurance rise, adding to the financial strain.

Cybersecurity 104

Cybersecurity CISO Education Phishing 104

SecureWorld News

MAY 16, 2023

Sean Scranton is a consultant on the Cyber Risk Solutions Team at WTW and often speaks on cyber insurance issues. He will join a panel at SecureWorld Dallas on October 26 on the topic, "Cover Your Cyber Assets." Scranton says: "This is a how-to case study.

Cybersecurity 98

Cybersecurity Insurance Cyber Risk CISO 98

Security Boulevard

JUNE 2, 2022

Apply software security patches and conduct regular security awareness employee training to reduce vulnerabilities that can be exploited by cybercriminals. Prepare for the worst with cyber insurance, a data backup plan, and a response plan as part of your overall business continuity and disaster recovery program.

Ransomware 105

Ransomware Architecture Manufacturing Encryption 105

NetSpi Executives

APRIL 27, 2024

Some can’t afford not to pay, and some are covered by cyber insurance. Test all ransomware security controls regularly through security audits, penetration testing , detective control reviews , and security awareness training. Don’t assume that technical security controls will work as expected.

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

Thales Cloud Protection & Licensing

FEBRUARY 15, 2023

Many victims wind up paying a fraction of that amount, as they may be able to negotiate these charges down or rely on cyber insurance coverage to cover a portion of these costs. By prioritizing three security steps, businesses can optimize their ransomware protection tactics.

Ransomware 71

Ransomware Encryption Backups Cyber Insurance 71

Security Boulevard

AUGUST 30, 2024

A newly released report, Forrester’s The State of Cyber, 2024 finds about 83% of organizations currently maintain cybersecurity insurance, and such policyholders tend to possess improved ability to detect and respond to attacks.

Insurance 120

Insurance Cybersecurity Cyber Insurance Security Awareness 120

Security Boulevard

JULY 2, 2024

The post 7 Steps To Secure Critical Infrastructure appeared first on Security Boulevard. Critical infrastructure and public sector organizations such as government and municipalities, manufacturing units, communication networks, transportation services, power and water treatment plants, et.

Manufacturing 119

Manufacturing Government Cyber Insurance Insurance 119

SC Magazine

JUNE 14, 2021

And, then, upgrading security awareness training. Sometimes they have the cyber insurance policy. Those are the people that have broken into networks and sell it, usually to a ransomware operator. We have literally stopped ransomware attacks by detecting them. People don’t realize that they have your finances.

Ransomware 85

Ransomware Passwords VPN Cyber Insurance 85

Security Boulevard

JULY 26, 2021

The post Cybersecurity Insurers Are Putting an End to the ‘Pass the Buck’ Era appeared first on TechSpective. Though plenty of analysts foresaw that 2021 might be a dramatic year when it came to corporate cyberattacks, I think it’s fair to say that even by now it has surpassed our expectations.

Insurance 59

Insurance Cybersecurity Cyber Insurance Data breaches 59

Security Boulevard

JUNE 8, 2021

Phishing links are still clicked on and while this is likely due to poor cyber awareness, the situation could be worse in a home environment with greater dependence on email for work requests and less support and supervision.

Cyber Insurance 105

Cyber Insurance Cyber Attacks Cyber threats Insurance 105

SecureWorld News

AUGUST 26, 2021

"Amazon announced it will make available to the public at no charge the security awareness training it offers its employees.". Resilience, a cyber insurance provider, announced it will require policy holders to meet a threshold of cybersecurity best practice as a condition of receiving coverage.".

Cybersecurity 98

Cybersecurity Cyber Insurance Insurance Technology 98

SecureWorld News

JULY 29, 2021

It's hard to believe, but security awareness training is now being viewed through a political lens, as well. From his point of view, taking the training is about two things: the city's insurance policy and the city's constituents. Surprising backdrop for refusing security awareness training.

Security Awareness 98

Security Awareness Mobile Insurance Cyber Insurance 98

SecureWorld News

MAY 12, 2020

If the law firm had cyber insurance, the policy may cover part of a ransom payment. When Florida cities paid more than a million dollars to ransomware operators in 2019, insurance covered most of it. What could be happening behind the scenes of this ransomware attack? What could be happening right now in this case?

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Ransomware Insurance Backups Passwords 95