CyberSecurity Insiders

DECEMBER 7, 2021

The Role of the Board in Effective Risk Assessment. The growing sophistication of cybercrime is making it a necessity for companies to discuss its challenges and defense methods regularly at the board level. Boards and directors must approach cybersecurity as an enterprise-wide risk management issue.

Cybersecurity 89

Cybersecurity Insurance Education Cyber Risk 89

SC Magazine

JULY 13, 2021

Estimates show cybercrime will cause $6 trillion in global damages this year and is predicted to reach $10.5 Lastly, the report warns entities not to rely on cyber insurance as the rates have skyrocketed in response to the rise in ransomware attacks. trillion, by 2025, a 75% increase.

Data breaches 113

Data breaches Insurance Healthcare Education 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

MARCH 28, 2024

It will allow corporations to simplify and deploy more effective cybersecurity programs," Seara stated, recommending companies "start with cyber risk quantification to prioritize risk mitigation projects." billion implementation cost from 2023-2033 "modest compared to the scale of cybercrime."

Cyber Insurance 109

Cyber Insurance Government Insurance Cyber Risk 109

The Last Watchdog

DECEMBER 12, 2023

Related: Adopting an assume-breach mindset With that in mind, Last Watchdog invited the cybersecurity experts we’ve worked with this past year for their perspectives on two questions that all company leaders should have top of mind: •What should be my biggest takeaway from 2023, with respect to mitigating cyber risks at my organization?

Cybersecurity 258

Cybersecurity Social Engineering Cyber threats Software 258

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 93

Cybersecurity Cyber Risk Risk Cyber Insurance 93

Security Boulevard

JUNE 8, 2021

Ultimately, organisations will need to cultivate a culture of security awareness and provide employees with relevant cyber training and resources to help minimise cyber risk and ensure individuals are fully equipped as they transition to this hybrid working style.

Cyber Insurance 105

Cyber Insurance Cyber Attacks Cyber threats Insurance 105

SecureWorld News

MAY 5, 2023

No one is safe from cybercrime, and often the most vulnerable among us are the most likely to be targeted or victimized. Tuma is teaching a PLUS training course on May 17, the day prior to the SecureWorld Houston conference, on the topic of " Real-World Cyber Risk Management and Resilience Planning." Register here.

Ransomware 97

Ransomware Cyber Risk Cyber Insurance Social Engineering 97

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. The proliferation of these guides enables more individuals to enter the cybercrime arena.

Cyber Attacks 59

Cyber Attacks Phishing Ransomware Cyber Insurance 59

SC Magazine

JULY 8, 2021

Devon Ackerman, managing director and head of incident response for North America with Kroll’s Cyber Risk practice, said that the malicious actors behind this growing trend are “directly tied to ransomware groups” and are likely using automated scripts to seek out “Contact Us” or chat forms on the internet that they can abuse. “The

Phishing 134

Phishing Antivirus Scams Malware 134

SiteLock

AUGUST 27, 2021

That leads us to the next costly cyber risk to your business – unplanned downtime. The costs of remediation and recovery are more than many businesses can afford, and standard business liability insurance policies don’t fully cover cybercrimes. Unplanned downtime cuts off business revenue.

Data breaches 98

Data breaches DDOS Ransomware Marketing 98

Spinone

NOVEMBER 30, 2020

Cybersecurity risk is a negative outcome that an organization may endure in the event of a cyber incident occurrence in its digital ecosystem. Another common understanding of this term is the probability of a cyber incident happening in an information system. For example, they purchase insurance.

Risk 52

Risk Cybersecurity Cyber Risk Encryption 52

Responsible Cyber

APRIL 8, 2020

Despite constant warnings from the cyber security industry, people still fall victim to phishing every day. As cybercrime has become well-funded and increasingly sophisticated, phishing remains one of the most effective methods used by criminals to introduce malware into businesses. Phishing and Spear Phishing.

Cybersecurity 98

Cybersecurity DDOS Small Business Phishing 98

SecureWorld News

AUGUST 5, 2021

But the purpose of the federal securities laws is to promote the disclosure of material business information—not to provide investor insurance against losses resulting from business risks. Subjecting cyberattack victims, who never promised invulnerability to such crimes, to class action securities fraud claims would undermine the.

CISO 98

CISO Passwords Software Cybersecurity 98

SecureWorld News

JUNE 30, 2021

The personally identifiable information (PII) compromised Social Security numbers, driver license numbers, health insurance information, and medical records, among others. These lawsuits prove again that cyber risk is business risk and the consequences can drag on for years in court.

Ransomware 58

Ransomware Data breaches Healthcare Identity Theft 58

SecureWorld News

JUNE 30, 2021

The personally identifiable information (PII) compromised Social Security numbers, driver license numbers, health insurance information, and medical records, among others. These lawsuits prove again that cyber risk is business risk and the consequences can drag on for years in court.

Ransomware 57

Ransomware Data breaches Healthcare Identity Theft 57

Security Boulevard

DECEMBER 6, 2024

Plus, cyber agencies warn about China-backed cyber espionage campaign targeting telecom data. And get the latest on ransomware trends, financial cybercrime and critical infrastructure security. Meanwhile, a study shows the weight of security considerations in generative AI projects. What Can You Do About It?

Cybersecurity 64

Cybersecurity VPN Ransomware Software 64

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. The proliferation of these guides enables more individuals to enter the cybercrime arena.

Cyber Attacks 52

Cyber Attacks Phishing Ransomware Cyber Insurance 52

SecureWorld News

DECEMBER 27, 2024

Kip Boyle, vCISO, Cyber Risk Opportunities LLC: The Challenge of Cultivating Buy-in from Leadership and Employees "Cybersecurity professionals will continue to face a critical challenge: cultivating genuine buy-in from both senior leaders and employees.

Cybersecurity 119

Cybersecurity Education Risk CISO 119

SecureWorld News

MARCH 5, 2025

The impact will be felt well beyond the involved countries of Canada, USA, Mexico, and China," said Kenrick Bagnall , Founder, KONCYBER & RB-Cyber Assurance; Royal Candian Mounted Police (RCMP) Contractor/Instructor; Toronto Police Service (Cybercrime Unit) (Ret.). " These tariffs will create real cyber risks.

Cyber Risk 110

Cyber Risk Risk Small Business Cyber Insurance 110

Jane Frankland

JANUARY 12, 2025

In this blog, I’m exploring these changes, grouped under key categories that I’ve used in previous years, to help business leaders and cyber risk owners better prepare for the evolving landscape. Cyber Insurance Cyber insurance will become an essential component of risk management strategies.

Cybersecurity 130

Cybersecurity CISO Insurance IoT 130

Adam Levin

MARCH 2, 2020

And it wasn’t because the media paid more attention to this relative newcomer in the area of cybercrime. If your company already has cyber insurance coverage, consider increasing it. You couldn’t go a week last year without seeing a ransomware headline in the news. Don’t be the next Heritage Company.

Cyber threats 215

Cyber threats Ransomware Encryption Insurance 215

Krebs on Security

MARCH 4, 2022

.” Conti managers were hyper aware that their employees handled incredibly sensitive and invaluable data stolen from companies, information that would sell like hotcakes on the underground cybercrime forums. For now, take a look at the documents and see if there is insurance and bank statements.”

Ransomware 238

Ransomware Insurance Cyber Insurance Accountability 238