Thales Cloud Protection & Licensing

MAY 10, 2022

Checklist for Getting Cyber Insurance Coverage. As cyber criminals mature and advance their tactics, small and medium businesses become the most vulnerable because they lack the capacity – staff, technology, budget - to build strong cyber defenses. The necessity for cyber-insurance coverage.

Cyber Insurance 77

Cyber Insurance Insurance Cyber Risk Cyber Attacks 77

The Last Watchdog

JUNE 2, 2022

Third-Party Risk Management ( TPRM ) has been around since the mid-1990s – and has become something of an auditing nightmare. Related: A call to share risk assessments. Cyber risks profiling. CyberGRX’s global cyber risk Exchange caught on quickly. I’ll keep watch and keep reporting.

Cyber Risk 266

Cyber Risk Risk Digital transformation Insurance 266

The Last Watchdog

MAY 10, 2021

It turns out there is a ton of third-party risk profiles sitting around not being put to any kind of high use. Back in the mid-1990s, big banks and insurance companies came up with something called “bespoke assessments” as the approach for assessing third party vendor risk. Crowdsourcing risk profiles.

Risk 195

Risk Cyber Risk Insurance Banking 195

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.

Cyber Insurance 52

Cyber Insurance Insurance Cyber Risk Risk 52

The Security Ledger

OCTOBER 23, 2018

In this episode of the podcast (#117), we go deep on one of the hottest sectors around: cyber insurance. In the first segment, we talk with Thomas Harvey of the firm RMS about the problem of “silent cyber” risk to insurers and how better modeling of cyber incidents is helping to address that threat.

Insurance 40

Insurance Cyber Risk Risk Cyber Insurance 40

SecureWorld News

NOVEMBER 2, 2022

He helps senior decision makers overcome cybersecurity sales objections and manages unlimited cyber risks through rigorous prioritization. In the private sector, he was a CISO for an insurance company, credit card processor, bank, credit union, and IT Managed Service Provider. See the conference agenda and register here.

Cybersecurity 98

Cybersecurity Cyber Insurance Insurance Cyber Risk 98

The Last Watchdog

APRIL 8, 2024

Related: The ‘cyber’ case for D&O insurance Vanessa Pegueros knows this all too well. She serves on the board of several technology companies and also happens to be steeped in cyber risk governance. Boards must evolve or their organizations will fail.

CISO 210

CISO Risk Cybersecurity Insurance 210

SC Magazine

JULY 13, 2021

Lastly, the report warns entities not to rely on cyber insurance as the rates have skyrocketed in response to the rise in ransomware attacks. Some insurers are also jacking up the cost of deductibles and limiting the types of entities they’re willing to insure.

Data breaches 113

Data breaches Insurance Healthcare Education 113

Security Boulevard

JANUARY 24, 2025

Are we clear on who must be involved in assessing and mitigating AI adoption cyber risks? By assessing and mitigating cyber risks, leaders can align AI adoption with organizational goals and resilience needs, reads the companion WEF article Securing innovation: A leaders guide to managing cyber risks from AI adoption.

Banking 69

Banking Cybersecurity Artificial Intelligence Ransomware 69

The Security Ledger

JUNE 24, 2021

In just the past four months, the United States has contended with a major escalation of cyber risk in critical infrastructure with two, major attacks that disrupted critical sectors. Episode 158: How NotPetya has Insurers grappling with Systemic Cyber Risk. The repercussions of those attacks were easy to see.

Cyber Risk 52

Cyber Risk Risk Cyber Attacks Ransomware 52

SC Magazine

FEBRUARY 10, 2021

The Cybersecurity and Infrastructure Security Agency (CISA) recently included security ratings or scoring as part of its cyber risk reduction initiative. The Cybersecurity and Infrastructure Security Agency (CISA) recently included security ratings or scoring as part of its cyber risk reduction initiative.

Cyber Insurance 83

Cyber Insurance Insurance Cyber Risk Government 83

SecureWorld News

AUGUST 21, 2020

The end result was hefty payment: "After careful consideration, the university decided to work with its cyber insurance provider to pay a fee to the ransomware attacker. This was done as a proactive and preventive step to ensure information was not released on the internet.". And number one is cyber insurance.

Ransomware 98

Ransomware Cyber Insurance Insurance Backups 98

The Last Watchdog

MARCH 1, 2019

This, in short, is the multi-headed hydra enterprises must tame in order to mitigate rising cyber risks. The ability to prove you have a process, and demonstrate the audit trail showing you used that process, will become the subject of increased scrutiny by regulators and cyber insurance underwriters. Smart money.

Threat Detection 193

Threat Detection Digital transformation Marketing Firewall 193

CyberSecurity Insiders

DECEMBER 18, 2022

In 2023, ‘knowing thy enemy’ in cyber will be more complicated than ever before – but it is critical that organizations remain aware of the realities of cyber risk and cease to focus on the ‘boogie man’ of the internet that features in sensationalist reporting.

Cybersecurity 125

Cybersecurity CISO Insurance Ransomware 125

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

The Last Watchdog

APRIL 18, 2019

Imposing just the right touch of policies and procedures towards mitigating cyber risks is a core challenge facing any company caught up in digital transformation. Related: Data breaches fuel fledgling cyber insurance market. Enterprises, especially, tend to be methodical and plodding. Talk more soon.

Digital transformation 113

Digital transformation Cyber Risk Risk Penetration Testing 113

SecureWorld News

DECEMBER 7, 2022

Scott Register, VP of Security Solutions at Keysight Technologies, discusses this trend: "Deepfake technology to date has resulted in political confusion, internet chatter, and some amusing mashup videos, but expect this to change in the near term. Cyber insurance trends in 2023.

Cybersecurity 98

Cybersecurity Cyber Insurance Insurance Social Engineering 98

BH Consulting

JULY 17, 2024

Cyber insurance: whisper it, but it seems to be working Cyber insurance premiums have dropped by 15 per cent compared to their peak in 2022. Even though more companies are buying cyber insurance, Howden found prices are falling through a combination of more providers in the market, and companies improving their security.

Cyber Insurance 69

Cyber Insurance Insurance Risk Marketing 69

The Security Ledger

DECEMBER 19, 2018

is poised to transform the global economy, Hanna said, but not if the issue of cyber risk can't be managed. ” is poised to transform the global economy, Hanna said, but not if the issue of cyber risk can’t be managed. "Industry 4.0" We talk about how that might be. Read the whole entry. »

Internet 40

Internet Internet IoT Cyber Risk 40

The Security Ledger

NOVEMBER 26, 2018

But what new kinds of Internet of Things use cases may become possible? » Related Stories Podcast Episode 117: Insurance Industry Confronts Silent Cyber Risk, Converged Threats Episode 114: Complexity at Root of Facebook Breach and LoJax is a RAT You Can’t Kill How Digital Transformation is forcing GRC to evolve. . »

Internet 40

Internet Internet Telecommunications Risk 40

eSecurity Planet

FEBRUARY 11, 2022

Risk management is a concept that has been around as long as companies have had assets to protect. The simplest example may be insurance. Life, health, auto, and other insurance are all designed to help a person protect against losses. Risk Mitigation Steps. Enhancing Risk Management. Advanced Encryption.

Risk 145

Risk Cybersecurity Encryption Technology 145

NetSpi Executives

OCTOBER 17, 2023

Updated Definition of a Cyber Device In the Omnibus legislation, a “cyber device” is defined by three key attributes: It includes software validated, installed, or authorized by the sponsor, indicating its integral role in device functionality. It must possess the ability to connect to the internet.

Healthcare 94

Healthcare Manufacturing Cyber Risk Risk 94

The Last Watchdog

FEBRUARY 25, 2019

These vendors drilled down on “governance and attestation,” coming up with advanced ways to enable companies to monitor and report cyber risk profiles to government and industry auditors. Acohido is dedicated to fostering public awareness about how to make the Internet as private and secure as it ought to be.

Government 169

Government Authentication Technology Data breaches 169

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.

Phishing 134

Phishing Antivirus Scams Malware 134

Security Boulevard

MAY 30, 2022

Applications like personal healthcare, biosensors, smart beds, smart pills, the health insurance industry, robotics, and other specializations are only expanding the scope of IoMT. The use of internet connected medical devices can be incredibly scary if the right security isn’t put in place. Hackable pacemakers.

Healthcare 90

Healthcare IoT Manufacturing Risk 90

SecureWorld News

JULY 31, 2023

If you are a CISO today who is not getting face time with the board, look at this as an opportunity to continue to press for the need to discuss the current state and cyber risks currently being faced by the company. What about providing D&O (directors and officers liability) insurance to CISOs? That's not addressed either."

CISO 98

CISO InfoSec Risk Cybersecurity 98

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. Moreover, RDP ports are often exposed to the internet, which allows threat actors to easily scan for open ports and launch brute-force attacks.

Cyber Attacks 59

Cyber Attacks Phishing Ransomware Cyber Insurance 59

The Security Ledger

NOVEMBER 6, 2018

» Related Stories Podcast Episode 117: Insurance Industry Confronts Silent Cyber Risk, Converged Threats Spotlight Podcast: At 15 Cybersecurity Awareness Month Grows with Cyber Risk Spotlight Podcast: 15 Years Later Is Cybersecurity Awareness Month Working? Read the whole entry. »

IoT 40

IoT Computers and Electronics Internet Internet 40

Cytelligence

FEBRUARY 4, 2020

The 2019 Cybersecurity Almanac published by Cisco and Cybersecurity Ventures predicts that cyber events will cost $6 trillion annually by 2021, as companies are digitizing most of their processes and are often operating remotely. Global cyber insurance premiums are expected to grow from $4 billion in 2018 to $20 billion by 2025.

Penetration Testing 45

Penetration Testing Insurance Data preservation Risk 45

Responsible Cyber

APRIL 8, 2020

The Internet of Things (IoT) is undeniably the future of technology. To mitigate cyber risks, small and medium businesses must develop a strategy to improve their cybersecurity posture. Although cloud technology is getting more secure, new vulnerabilities and loose ends make it a security concern worth paying attention to.

Cybersecurity 98

Cybersecurity DDOS Small Business Phishing 98

Centraleyes

SEPTEMBER 11, 2024

The council’s cybersecurity efforts are crucial in promoting regulatory cooperation and creating guidance for cybersecurity risk management across the financial sector. Both of these tools are highly relevant to financial institutions and offer targeted guidance on managing cyber risks while aligning with regulatory standards.

Cybersecurity 52

Cybersecurity Risk Cyber Risk Identity Theft 52

The Security Ledger

AUGUST 1, 2019

» Related Stories Israeli Group Exploited WhatsApp to Spy on Users Episode 158: How NotPetya has Insurers grappling with Systemic Cyber Risk Episode 149: How Real is the Huawei Risk? Also: Adam Meyers of CrowdStrike joins us to talk about that company's first ever report on mobile malware, which is.

Mobile 40

Mobile Malware Insurance Cyber Risk 40

Spinone

DECEMBER 26, 2018

VoIP phishing and impersonation also victimized millions of corporate employees across the world , contributing to an even greater cyber threat. The contemporary world has witnessed the rise of the Internet and global communication, and collaboration technologies, including mobile data use and the culture of bring your own device [BYOD].

Security Awareness 40

Security Awareness Risk Cyber threats Cyber Risk 40

Security Boulevard

DECEMBER 6, 2024

Disconnect unneeded internet-facing infrastructure and monitor the infrastructure that does need to be exposed to the internet. Thats according to Corvus Insurances Q3 2024 Cyber Threat Report , which said many of the ransomware attacks in Q3 leveraged outdated VPN software and poorly protected VPN gateways.

Cybersecurity 64

Cybersecurity VPN Ransomware Software 64

eSecurity Planet

APRIL 26, 2022

Company Sector Year Status Vicarius Vulnerability management 2022 Private Dragos ICS and OT security 2021 Private Safeguard Cyber Risk management 2021 Private CyberGRX Risk management 2019 Private Signifyd Fraud protection 2018 Private RedOwl Security analytics 2015 Acquired: Forcepoint. AllegisCyber Investments.

Cybersecurity 129

Cybersecurity Technology Marketing Healthcare 129

The Last Watchdog

JUNE 6, 2022

Unmanaged smartphones and laptops, misconfigured Software as a Service (SaaS) apps, unsecured Internet access present more of an enterprise risk than ever. The increased number of these cyber assets means that there’s more cyber assets that can potentially be vulnerable,” Smith says. Need a roadmap?

Cyber Risk 263

Cyber Risk Risk CISO Cloud Migration 263

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. Moreover, RDP ports are often exposed to the internet, which allows threat actors to easily scan for open ports and launch brute-force attacks.

Cyber Attacks 52

Cyber Attacks Phishing Ransomware Cyber Insurance 52