eSecurity Planet

APRIL 22, 2022

Cyberattacks are not only a technological problem for companies, but they also represent a very real financial threat. That’s where cyber insurance may be able to help. But there’s a catch: Insurers are going to carefully assess your cybersecurity controls before writing any policy, and there are limits to coverage.

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SecureWorld News

OCTOBER 20, 2021

However, we were most interested in seeing how Accenture articulated a particular business risk: the risk from a cyberattack. On page 34 of the report, Accenture dives into the risk that cyber poses to the business. L egal, reputational and financial risks? And that is the end of the section on cyber risk.

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The Last Watchdog

OCTOBER 5, 2023

5, 2023 — Kovrr , the leading global provider of cyber risk quantification (CRQ) solutions, announces the release of its new Fortune 1000 Cyber Risk Report, shedding light on the complex and ever-evolving cyber risk landscape across various industry sectors and the respective financial repercussions companies may consequently face.

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SC Magazine

MAY 24, 2021

In a report released May 20, the Government Accountability Office looked at how the private cybersecurity insurance market has developed over the past five yearsRich Baich is global chief information security officer for insurance giant AIG. Photo by Spencer Platt/Getty Images).

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NopSec

AUGUST 30, 2013

If you are responsible for IT security in the financial services industry, you may have been asked by a regulator to disclose details on your company’s preparedness for cyber-attacks. NopSec has received requests for help from customers at banks, credit unions, and insurance.

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CyberSecurity Insiders

DECEMBER 11, 2021

(NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced it is partnering with leading cyber insurance companies to help businesses manage their risks online. As a result, some insurance companies have had to raise premiums to cover their costs.

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CyberSecurity Insiders

DECEMBER 14, 2021

INDIANAPOLIS–( BUSINESS WIRE )– Pondurance , a leader in Managed Detection and Response (MDR) services, today launched Cyber Risk Assessments powered by MyCyberScorecard. Roadmaps to cyber resilience. Interactive reporting that is easy to export and effectively communicate to senior management. About Pondurance.

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Centraleyes

JUNE 6, 2024

Quantitative Risk models have long been applied in the financial and insurable risk fields and are now being used extensively in cybersecurity. Quantifying risk helps manage risk by breaking it down and expressing it mathematically. What is Cyber Risk Quantification?

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NetSpi Executives

JANUARY 8, 2024

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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The Last Watchdog

DECEMBER 12, 2023

A look back at the cybersecurity landscape in 2023 rings all-too familiar: cyber threats rapidly evolved and scaled up , just as they have, year-to-year, for the past 20 years. The “trust but verify” approach is no longer viable in a landscape where threats can originate from anywhere. Here is part one of three groupings.

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Trend Micro

JANUARY 8, 2024

As the threat landscape evolves and the cost of data breaches increase, so will cyber insurance requirements from carriers. Cyber Risk Specialist Vince Kearns shares his 4 predictions for 2024.

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SecureWorld News

FEBRUARY 6, 2024

"The incidents involving Clorox and Johnson Controls highlight significant operational disruptions and financial losses due to cyber-related incidents," said Callie Guenther, Senior Manager of Cyber Threat Research at Critical Start. These incidents underscore regulatory aims for public cyber risk transparency.

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CyberSecurity Insiders

OCTOBER 23, 2021

The report provides an inside look at the insights and tools used by risk managers, IT departments, security researchers, and solution providers to hone their offerings and approaches to keeping organizations safe from evolving cyber threats. “By Ransomware claims and costs. Media companies (publishers, TV networks, etc.)

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SC Magazine

APRIL 23, 2021

For example, they’re used in boardrooms as “eye candy” to portray the state of company cyber-risk, with supply chain partners to manage third-party risk and, even more frightening, by insurance companies to create risk profiles for cyber-insurance policies. Usually not.

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Centraleyes

JANUARY 7, 2024

However, that doesn’t mean there aren’t plenty of ways to minimize these risks. It’s important your cybersecurity teams have a cyber risk management program in place for this purpose. While you can hire the services of third-party consultants, you may lose a certain level of control over your organizational risks.

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SecureWorld News

DECEMBER 7, 2022

These algorithms will be able to learn and adapt to changing patterns in cyber threats, allowing them to detect and respond to attacks in real time. This will put even more pressure on businesses to find and hire the talent they need to protect themselves from cyber threats. Cyber insurance trends in 2023.

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SecureWorld News

AUGUST 23, 2023

This morning, Critical Start released its first ever Cyber Risk Landscape Peer Report , which explores some of the major concerns and challenges currently confronting cybersecurity leaders as they manage risk within their organizations. Here are some comments on the cyber risk landscape from cybersecurity vendor experts.

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SecureWorld News

MARCH 28, 2024

The goal of these mandatory reporting requirements is to help the federal government rapidly deploy resources to cyberattack victims, analyze trends to spot emerging threats quicker, share actionable warnings with potential targets, and ultimately strengthen America's cybersecurity resilience and incident response capabilities.

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The Last Watchdog

MARCH 1, 2019

This has exponentially expanded the attack surface available to motivated, well-funded threat actors. This, in short, is the multi-headed hydra enterprises must tame in order to mitigate rising cyber risks. Sutton: SOAR was born out of the gap between what SIEMs were supposed to be and the rising sophistication of cyber threats.

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IT Security Guru

JUNE 17, 2024

Targeting of Critical Infrastructure Ransomware attacks on critical infrastructure sectors — including the likes of healthcare, energy and public services — underscore the significant risk they pose to broader society, not just targeted organisations. Some insurers are scaling back their coverage of ransomware or increasing premiums.

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CyberSecurity Insiders

DECEMBER 18, 2022

Cyber attribution and deciphering the extent of state-level tasking is difficult, with blurred lines between state-aligned, state-involved and state-directed increasing the risk of escalation, collateral and misattribution. 3 – Crypto-jacking neglect gets dangerous.

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Centraleyes

SEPTEMBER 24, 2024

It breaks each risk down into basic building blocks, then takes these elements and mathematically assigns them a dollar value in order to measure risk in financial terms. Risk is defined by the FAIR assessment as “The probable frequency and probable magnitude of future loss”.

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Centraleyes

MARCH 13, 2025

The program should be tailored to your specific business risks. Whether handling personal financial data or managing large-scale transactions, your program needs to reflect the realities of your operations and the cyber threats you face. Dont fall into this trap. A cookie-cutter approach can leave gaps that hackers exploit.

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NetSpi Executives

OCTOBER 17, 2023

Notably, the law is characterized by its foundational correctness and forward-looking approach, ensuring adaptability to evolving cyber threats. Moreover, the FDA receives specific funding, totaling $5 million, to bolster its efforts in the field of cybersecurity.

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SecureWorld News

MAY 5, 2023

Broadnax, who said he is optimistic that the risk is contained. Since City of Dallas' Information and Technology Services detected a cyber threat Wednesday morning, employees have been hard at work to contain the issue and ensure continued service to our residents," he said. The article quotes a statement from City Manager T.C.

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The Security Ledger

JULY 22, 2020

In this Spotlight podcast* we’re joined by Andrew Jaquith, the CISO at QOMPLX to talk about how the COVID pandemic is highlighting longstanding problems with cyber risk management and cyber resilience. Andy is an amazing resource on all matters cyber security. Read the whole entry. » New Tech Meets Old Tools.

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Security Boulevard

MARCH 13, 2025

Integrating Cyber Risk into Business Risk Decisions Cybersecurity failures are now business risks that CEOs and Boards must own. Many regulatory bodies, insurance providers, business partners, and customers take cybersecurity very seriously and now hold the CEO and Board accountable.

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CyberSecurity Insiders

JANUARY 12, 2022

Since its founding in 2011, Risk Based Security has partnered with a diverse group of clients, including Microsoft, BlackRock, Northrop Grumman, Swisscom, American Electric Power, Amtrak, and numerous other enterprises across the technology, financial, insurance, and consumer goods sectors.

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McAfee

JUNE 17, 2021

Imagine if you had one place where you found a comprehensive real time security posture that tells you exactly where the looming current cyber risks are and the impact? Let’s consider a recent and relevant cyber threat. That well-publicized attack spurred considerable interest in cybersecurity assessments.

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eSecurity Planet

JANUARY 12, 2021

Automated security risk assessments can be a good way to take your cybersecurity defenses to the next level and make your organization more efficient at the same time. Components of Security Risk Assessments. Cybersecurity preparedness/ insurance. Manual risk assessments can be risky. Open ports and other vulnerabilities.

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SecureWorld News

AUGUST 23, 2023

For a solid rundown of what the updates mean, check out this SecureWorld article from Kip Boyle , vCISO, Cyber Risk Opportunities LLC. Understanding your risk posture and having a playbook ready to deploy once a breach occurs is crucial to reducing the impact of an incident, getting your operations back online, etc.

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Digital Shadows

NOVEMBER 26, 2024

Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance. Our findings highlight that cyber threats can impact any organization, no matter its size, sector, or location.

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Centraleyes

SEPTEMBER 1, 2024

They emphasize regulatory risks and compliance requirements. Cyber Risk Register Template Cyber risk templates, or information security risk register templates focus on managing risks related to information security and cyber threats, helping organizations protect digital assets and respond effectively to incidents.

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Spinone

DECEMBER 26, 2018

VoIP phishing and impersonation also victimized millions of corporate employees across the world , contributing to an even greater cyber threat. Cloud security success and choosing the right investments is all about having a clear understanding of threat types and their resulting damages.

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Centraleyes

NOVEMBER 7, 2024

This surge in investment is driven by the growing complexity of cyber threats and the emergence of next-generation technologies such as generative AI. As cyber threats evolve, so too must the GRC tools and strategies used to combat them. However, the rising costs associated with cybersecurity also present a challenge.

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SC Magazine

JULY 9, 2021

“Anne’s direction on disrupting the ransomware process is essential for the success of state and local governments in reducing ransomware attack efficacy,” said Sebron Partridge, former CISO of Riverside County and security strategist with cyber risk firm Epiphany Systems. ” Still, even if the U.S. .

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Centraleyes

APRIL 15, 2024

Conventional strategies relied on fortress-like defenses, a concept where the network perimeter acted as a barrier, assumed to be impenetrable by external threats. Today’s cyber threats can easily penetrate traditional security measures. But, modern adversaries have evolved to bypass these outdated methods easily.

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