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.

Cyber Risk 97

Cyber Risk Risk Insurance Cyber Insurance 97

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.

Cyber threats 100

Cyber threats Cyber Risk Retail Risk 100

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).

Cyber Insurance 94

Cyber Insurance Insurance Marketing Cyber Risk 94

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.

Insurance 40

Insurance Cyber threats Banking Financial Services 40

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.

Cyber Risk 52

Cyber Risk Risk Insurance Cyber Insurance 52

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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Cyber Risk Risk Cyber threats Insurance 52

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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Cybersecurity Social Engineering Cyber threats Software 258

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.

Cyber Insurance 52

Cyber Insurance Insurance Cyber Risk Data breaches 52

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.)

Insurance 59

Insurance Cyber Risk Ransomware Technology 59

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.

Cyber Insurance 61

Cyber Insurance Insurance Risk Cyber Risk 61

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.

Insurance 113

Insurance Cyber Insurance Cyber Risk Cyber threats 113

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.

Cyber Risk 52

Cyber Risk Risk Penetration Testing Cybersecurity 52

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

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.

Cyber Insurance 109

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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.

Cybersecurity 94

Cybersecurity Cyber Risk Risk Cyber Insurance 94

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.

Threat Detection 193

Threat Detection Digital transformation Marketing Firewall 193

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.

Ransomware 137

Ransomware Insurance Risk Backups 137

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.

Cybersecurity 125

Cybersecurity CISO Insurance Ransomware 125

Security Boulevard

JUNE 8, 2021

It’s important to remember, however, as we slowly transition back into some semblance of normality, that there will be new challenges to face in all facets of life, and the Cyber Security sector is no exception. The post Top Cyber Security Challenges Post Lockdown appeared first on Security Boulevard.

Cyber Insurance 105

Cyber Insurance Cyber Attacks Cyber threats Insurance 105

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.

Cybersecurity 52

Cybersecurity Financial Services Risk Encryption 52

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”.

Risk 52

Risk Insurance Cyber Insurance Cyber Risk 52

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.

Healthcare 94

Healthcare Manufacturing Cyber Risk Cybersecurity 94

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.

Ransomware 98

Ransomware Cyber Risk Cyber Insurance Social Engineering 98

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.

Cybersecurity 52

Cybersecurity CISO Cyber Risk Risk 52

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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CISO Cyber Risk Ransomware Risk 52

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.

Risk 52

Risk Data breaches Cyber threats Cyber Risk 52

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.

Risk 71

Risk Penetration Testing Cyber Risk Cyber Attacks 71

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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Penetration Testing CISO Risk Cyber Insurance 97

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.

Cybersecurity 95

Cybersecurity CISO Government Risk 95

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.

Risk 52

Risk Cyber Risk DDOS Data breaches 52

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.

Security Awareness 40

Security Awareness Risk Cyber threats Cyber Risk 40

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. .

CISO 80

CISO Government Ransomware Cryptocurrency 80

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.

Architecture 52

Architecture Authentication Risk Insurance 52

CyberSecurity Insiders

APRIL 17, 2023

Before signing a company-wide phone contract, for example, look for business phone services that come with features such as enhanced cyber protection and cyberattack insurance. Since software updates contain the latest cybersecurity measures, they are essential to cyber risk management in the hybrid workplace.

Network Security 91

Network Security Workplace Security Firewall Phishing 91

The Last Watchdog

NOVEMBER 12, 2024

Unisys, for instance, was found to have framed cyber risks hypothetically even though its systems had already been breached, exfiltrating gigabytes of data. Other companies may continue to rely on hiding the ball, scapegoating and relying on insurance to cover the losses. There is only one path forward: transparency.

CISO 263

CISO CSO Risk Cyber threats 263

Centraleyes

NOVEMBER 5, 2023

HIPAA, or the Health Insurance Portability and Accountability Act of 1996, is a federal law, whereas HITRUST is a comprehensive control framework. ” HIPAA: An Overview HIPAA, short for the Health Insurance Portability and Accountability Act, is a pivotal U.S. HITRUST to Release CSF Version 11.0

Healthcare 52

Healthcare Risk Insurance Penetration Testing 52