SecureWorld News

MAY 1, 2024

Department of the Treasury's Federal Insurance Office (FIO) announced a major new initiative this week to improve the insurance industry's capabilities around modeling and underwriting terrorism and catastrophic cyber risks.

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Cyber Risk Risk Insurance Cyber Insurance 110

Schneier on Security

JULY 1, 2021

To overcome these challenges and champion the positive effects of cyber insurance, this paper calls for a series of interventions from government and industry. To date, the UK government has taken a light-touch approach to the cyber insurance industry. Often, that’s paying the ransom.

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Insurance Cyber Insurance Ransomware Marketing 343

Security Boulevard

APRIL 19, 2022

Experts have warned that the Russia-Ukraine conflict poses an unprecedented cyber risk for U.S. organizations as well as State and local governments and municipalities. Governments and Municipalities at Risk of Foreign Nation Cyber Attacks appeared first on Security Boulevard. The post Local U.S.

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Security Boulevard

MARCH 31, 2021

Two mega-breaches caused by third parties have occurred over the last month, adding to the recent Solarwinds epic supply chain hack, to create a growing tsunami of third party risk for enterprises and government organizations. The post Accellion data breach highlights third party cyber risk appeared first on SecureLink.

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Cyber Risk Data breaches Risk Government 105

Schneier on Security

FEBRUARY 13, 2019

Those turning to cyber insurance to manage their exposure presently face significant uncertainties about its promise. Yet no cyber insurance policies cover this entire spectrum. it does not explicitly pertain to all manifestations of cyber perils, or it explicitly excludes some). Mondelez is suing.

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Cyber Insurance Insurance Cyber Risk Risk 244

Security Boulevard

APRIL 1, 2022

Last month, the Securities and Exchange Commission proposed rules and amendments to enhance and standardize disclosures regarding cybersecurity risk management, strategy, governance, and incident reporting by public companies (The SEC has opened a comment period until May 9th, 2022 before it moves towards a final decision).

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Security Boulevard

MARCH 15, 2024

It’s a call to CEOs to foster a security culture […] The post Think CEOs Are Not Liable for Cyber Risk….Think The post Think CEOs Are Not Liable for Cyber Risk….Think This mandate is much more than a compliance checkbox. Think Again appeared first on OX Security. Think Again appeared first on Security Boulevard.

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Cyber Risk Risk Software Cybersecurity 115

CSO Magazine

FEBRUARY 5, 2021

The days of a hopeless disconnect between security leaders and the board of directors have come to a close—at least for enterprises with a healthy risk posture.

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Cyber Risk Risk Government Cybersecurity 110

SecureWorld News

AUGUST 24, 2021

What is the difference between a day at the beach and managing a cyber risk assessment plan? Risk is not what happens or occurs after that risk materializes. The speakers also delve into notable topics about what risk is, what it is not, and how to analyze potential risks.

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Cyber Risk Risk Digital transformation Education 98

Joseph Steinberg

JUNE 15, 2021

.” Of course, even organizations that spend a billion dollars per year on cybersecurity are not immune to breaches – which is why financial institutions also utilize other cyber-risk management techniques, including implementing robust disaster recovery plans, and obtaining appropriate cyber-liability insurance.

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The Security Ledger

MAY 4, 2021

In this episode of the podcast (#213): Molly Jahn of DARPA and University of Wisconsin joins us to talk about the growing cyber risk to the Food and Agriculture sector, as industry consolidation and precision agriculture combine to increase the chances of cyber disruption of food production. Read the whole entry. »

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Cyber Risk Risk Digital transformation InfoSec 98

SecureWorld News

NOVEMBER 3, 2023

Third, cyber risks are constantly evolving, and insurance companies may not be able to keep up. This means that there may be some cyber risks that are not covered by your policy. RELATED: The Cyber Insurance Landscape Has Grown More Complicated ] Finally, insurance can't protect your brand reputation or customer base.

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Insurance Cyber Risk Risk Cyber Insurance 103

Schneier on Security

NOVEMBER 9, 2018

The boundaries between research and grey data are blurring, making it more difficult to assess the risks and responsibilities associated with any data collection. Many sets of data, both research and grey, fall outside privacy regulations such as HIPAA, FERPA, and PII.

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Data collection Cyber Risk Risk Government 241

Jane Frankland

FEBRUARY 7, 2025

When data breaches escalate, cyber-attacks grow more sophisticated, nation states ramp up their digital warfare, and regulations tighten the noose, staying ahead isnt just an optionits your only line of defence. Amid a backdrop of increasingly sophisticated and frequent cyberattacks, APTs are a growing concern for CISOs and cyber risk owners.

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Cyber Risk CISO Risk Encryption 130

Joseph Steinberg

JULY 8, 2021

And even relatively rich organizations may fail altogether if they suffer the reputational harm that follows multiple serious cyber-incidents. Not only are they not protected against their own losses, but many have zero liability protection in the event that they somehow become a hacker’s catalyst for inflicting cyber-damage on others.

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Insurance Cyber Insurance Cybersecurity Small Business 364

SecureWorld News

OCTOBER 20, 2021

Cyberrisk is business risk. But how should we communicate this risk to the business, to clients, or to investors? Accenture annual report: risks we face from cyberattacks. However, we were most interested in seeing how Accenture articulated a particular business risk: the risk from a cyberattack.

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Cyber Risk Risk Insurance Cyber Insurance 97

CyberSecurity Insiders

APRIL 22, 2021

With cyber attacks against financial and banking institutions now a daily occurrence, cyber threats have become the biggest risk to the global financial system, according to Federal Reserve Chairman Jerome Powell. But the world changes, the world evolves, and the risks change as well.

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Security Boulevard

DECEMBER 11, 2024

A warning issued by the new head the United Kingdom's National Cyber Security Centre (NCSC) should be sobering to cybersecurity pros everywhere. Speaking at the agency's headquarters on Tuesday, Richard Horne declared that the cyber-risks faced by his nation and its allies are widely underestimated. The post U.K.

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CSO Magazine

DECEMBER 10, 2021

Cyberspace enables connections, whether between individuals, organizations, governments, or some combination of the three. Such connections have allowed individuals, organizations, and governments to conduct business, manage activities, and deliver services at an unprecedented speed, scope, and scale.

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Schneier on Security

OCTOBER 10, 2018

The US Government Accounting Office just published a new report: " Weapons Systems Cyber Security: DOD Just Beginning to Grapple with Scale of Vulnerabilities " (summary here ). However, they make weapon systems more vulnerable to cyber attacks. The upshot won't be a surprise to any of my regular readers: they're vulnerable.

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The Last Watchdog

DECEMBER 5, 2024

One Identity embodies three major features we judges look for with the potential to become winners: understanding tomorrows threats today, providing a cost-effective solution and innovating in unexpected ways that can help mitigate cyber risk and get one step ahead of the next breach, said Gary S.

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Security Boulevard

AUGUST 8, 2024

In today’s digital age, cybersecurity is a central pillar of Governance, Risk, and Compliance (GRC). But why is this so crucial, and why is there a burgeoning market for specialized cyber risk management tools and platforms? The post 7 Best Cyber Risk Management Platforms of 2024 appeared first on Security Boulevard.

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Security Boulevard

MAY 6, 2024

The centralized system helps organizations identify, track, and reduce risks, addressing the challenges of incomplete risk visibility and manual processes. The post Critical Risk Launches Critical Start Cyber Risk Register appeared first on Security Boulevard.

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Cyber Risk Risk Social Engineering Engineering 64

CyberSecurity Insiders

AUGUST 13, 2021

As the needs in cyber risk management change, so must the credentials that support them. CAP information security practitioners champion system security commensurate with organizations’ missions and risk tolerance while meeting legal and regulatory requirements. What started out as certification primarily for U.S.

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Risk Artificial Intelligence Cyber Risk IoT 126

Security Affairs

APRIL 11, 2021

Fitch Ratings is warning that cyberattacks could pose a risk to water and sewer utilities potentially impacting their ability to repay debt. Fitch Ratings published an alert last week to warn of the “material risk” to water and sewer utilities caused by cyber attacks that could also impact their ability to repay debt.

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Risk Cyber Risk Cyber Attacks Government 127

SecureWorld News

FEBRUARY 25, 2025

From the report: "AI-driven access controls allow organizations to dynamically adjust permissions based on real-time risk assessments, reducing the attack surface." Organizations should integrate AI-driven risk scoring into their Zero Trust architecture.

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Cybersecurity Social Engineering Artificial Intelligence Cyber threats 86

The Last Watchdog

JANUARY 3, 2023

With more and more people working remotely, unsecured home or public WiFi networks represent a security risk not only to individuals but to their companies as well. Since many people are now working from home at least partially, vulnerabilities at home are vulnerabilities at work, and threaten to put a company’s data at risk.

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Risk Cybersecurity Antivirus Phishing 203

eSecurity Planet

FEBRUARY 11, 2022

Risk management is a concept that has been around as long as companies have had assets to protect. Risk management also extends to physical devices, such as doors and locks to protect homes and vehicles, vaults to protect money and precious jewels, and police, fire, and CCTV to protect against other physical risks.

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Risk Cybersecurity Encryption Technology 145

Threatpost

APRIL 19, 2021

Our new eBook goes beyond the status quo to take a look at the evolution of ransomware and what to prepare for next.

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Cyber Risk Ransomware Risk IoT 119

Heimadal Security

DECEMBER 21, 2022

Identity Governance and Administration, also known as IGA in cybersecurity or identity security, is a strategic approach to security that aims to help companies reduce cyber risk, manage digital identities and access privileges, and comply with government regulations to secure sensitive information.

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Security Boulevard

MARCH 28, 2025

The Shift from Compliance-Driven GRC to Dynamic Cyber Risk Management The world of cybersecurity has undergone a dramatic transformation, moving beyond simple checklists and technical jargon. The post Best Practices for Cyber Risk Management: Why CISOs Must Lead with Real-time Data appeared first on Security Boulevard.

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The Security Ledger

MAY 25, 2022

about his firm’s discovery of a string of critical security flaws in an autonomous medical robot, TUG, that is already deployed in hundreds of clinical settings and the growing issue of medical device insecurity and cyber risks to healthcare. Robots Driving Cyber Risk. Read the whole entry. »

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Cyber Risk Healthcare Risk Cyber Attacks 75

Joseph Steinberg

JANUARY 18, 2024

While technological advances have, in some ways, allowed humans to enjoy an unprecedented quality of life, they also create significant risks. When it comes to cybersecurity the same is true – you need a cyber security if you want to competently address cyber risk.

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Cybersecurity Computers and Electronics Cyber Risk Risk 268

Security Affairs

JANUARY 15, 2019

A new security assessment conducted by the Defense Department Inspector General revealed that the Pentagon is still exposed to many cyber risks, The report published by the Defense Department Inspector General on January 9, shows a worrisome situation, there are 266 issue, some of them are ten-years-old cybersecurity?related

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CyberSecurity Insiders

MAY 17, 2023

As a result, cybersecurity has become a top priority for organisations of all sizes, and the C-suite, including CEOs, CFOs, CIOs, and CISOs, plays a critical role in managing and mitigating cyber risk. Email remains the primary communication tool for businesses, but it also poses significant security risks.

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Cyber Risk Risk Education Technology 59

Security Affairs

OCTOBER 13, 2024

Every week the best security articles from Security Affairs are free in your email box. Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

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Data breaches Cryptocurrency Artificial Intelligence Cybercrime 115

The Last Watchdog

FEBRUARY 25, 2019

based supplier of identity access management (IAM) systems, which recently announced a partnership with Omada, a Copenhagen-based provider of identity governance administration (IGA) solutions. Governance and attestation quickly became a very big deal. Compliance became a huge driver for governance and attestation,” Curcio said. “It

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