Security Affairs

NOVEMBER 6, 2018

Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. According to CryptoIns analysts, the crypto assets insurance market is expected to reach $7 billion by 2023. Why do crypto exchanges’ users need insurance?

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Insurance Cryptocurrency Cyber threats Marketing 95

BH Consulting

JUNE 22, 2021

Organisations are coming under increasing pressure to take out cybersecurity insurance cover. Also known as cyber risk insurance, it’s now a prerequisite in some public sector tenders. Often, they also want bidders to produce supporting documents like the executive summary of a penetration test report.

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Insurance Cybersecurity Cyber Insurance Cyber Risk 83

SecureWorld News

MARCH 17, 2025

Despite these setbacks, the company has stated that, with its cyber insurance coverage and ongoing remediation efforts, it doesn't expect a long-term material impact on its business fundamentals. The incident contributed to a short-term stock price dip of about 2% and added to operational expenses during the recovery phase.

Cyber Attacks 110

Cyber Attacks Digital transformation Threat Detection Penetration Testing 110

Thales Cloud Protection & Licensing

FEBRUARY 3, 2025

The Health Insurance Portability and Accountability Act (HIPAA) is a US federal law that created the national standards when it was first published to protect sensitive patient health information (PHI) from being disclosed without the patients consent or knowledge. 60% of healthcare respondents have five or more key management systems in use.

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Healthcare Penetration Testing Insurance Encryption 62

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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Cyber Insurance Insurance Penetration Testing Cyber threats 64

Pen Test

OCTOBER 12, 2023

Introduction Radio Frequency (RF) penetration testing, popularly referred to as RF pentesting, stands as a vital domain within ethical hacking. In the contemporary digital era, Radio Frequency (RF) penetration testing, commonly known as RF pentesting, is indispensable due to several pivotal factors that underscore its significance.

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Penetration Testing Wireless IoT Technology 52

Thales Cloud Protection & Licensing

MARCH 18, 2025

Thales OneWelcome Identity Platform and HIPAA Compliance in 2025 madhav Wed, 03/19/2025 - 05:58 The Health Insurance Portability and Accountability Act (HIPAA) has undergone significant changes in 2025, introducing enhanced requirements to address growing cyber threats and ensure comprehensive data protection.

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Healthcare Encryption Authentication Penetration Testing 62

Penetration Testing

SEPTEMBER 8, 2024

Cybersecurity researchers at Zscaler ThreatLabz have uncovered a new wave of attacks by the BlindEagle APT group, this time zeroing in on the Colombian insurance sector. Utilizing phishing emails masquerading... The post BlindEagle APT Targets Colombian Insurance with BlotchyQuasar RAT appeared first on Cybersecurity News.

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Insurance Phishing Cybersecurity Malware 61

Thales Cloud Protection & Licensing

JANUARY 16, 2025

Some of the most important are Gramm-Leach-Bliley Act ( GLBA ), the National Association of Insurance Commissioners ( NAIC ) Data Security Model Law, the New York Department of Financial Services ( NYDFS ) Cybersecurity Regulation, and the National Credit Union Administration ( NCUA ) cybersecurity guidance.

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Financial Services Encryption Insurance Government 62

Penetration Testing

SEPTEMBER 11, 2024

A new wave of ransomware attacks targeting cloud infrastructures has put the insurance and financial industries on high alert.

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Insurance Ransomware Cybersecurity 58

eSecurity Planet

MARCH 17, 2023

Encryption Product Guides Top 10 Full Disk Encryption Software Products 15 Best Encryption Software & Tools Breach and Attack Simulation (BAS) Breach and attack simulation (BAS) solutions share some similarities with vulnerability management and penetration testing solutions.

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Network Security Penetration Testing Firewall Software 120

Krebs on Security

DECEMBER 12, 2018

The stated use cases for the Cyber Risk Score include the potential for cyber insurance pricing and underwriting, and evaluating supply chain risk (i.e., Chamber of Commerce to evaluate more than 2,500 U.S. the security posture of vendor partners).

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Cyber Risk Energy and Utilities Risk Marketing 243

NopSec

AUGUST 30, 2013

NopSec has received requests for help from customers at banks, credit unions, and insurance. Insurance companies face similar risks Insurance Journal ran a story titled, “ New York Regulator Asks Insurers About Readiness for Cyber Threats ” about a follow-up request similar to that sent to major banks earlier this year.

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Insurance Cyber threats Banking Financial Services 40

Security Affairs

NOVEMBER 14, 2022

Add to that, there is the risk of penalties and fines (which are not insurable in most jurisdictions) not only under privacy and data protection regulations but also on the basis of cybersecurity regulations that are now proliferating. Unfortunately, this situation, in some cases, does not happen. there could be reputational damage.

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Cyber Risk Insurance Cyber Attacks Risk 142

NetSpi Technical

OCTOBER 24, 2024

In recent years, significant advancements have taken place within the field of penetration testing CICS and IMS applications. In this post, we will cover 7 different ways to test your mainframe applications for vulnerabilities that are commonly seen in the wild. at the same time.

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Hacking Penetration Testing Passwords Authentication 101

The Last Watchdog

OCTOBER 5, 2023

Erin: Do you think cyber insurance should play a bigger role in companies’ cybersecurity strategies? What factors should organizations consider when selecting a cyber insurance policy? Leadership should prioritize cybersecurity at all levels. Regular awareness training for employees is indispensable.

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Cyber threats Cyber Insurance Threat Detection Cybersecurity 203

Security Affairs

JANUARY 18, 2023

Researchers found about 435,000 payslips, 300 tax filings, 3,800 insurance payment documents, and 21,000 salary sheets belonging to various companies using the HR platform’s services. The company states that vulnerability assessment and penetration testing (VAPT test) was scheduled for January 2, which would have detected the security issues.

Insurance 98

Insurance Identity Theft Penetration Testing Banking 98

The Last Watchdog

AUGUST 19, 2021

This is the type of incident that could have been identified as a risk by a properly scoped penetration test and detected with the use of internal network monitoring tools. as well as insurance and merchant accounts, to commit insurance fraud and wire fraud.

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Mobile Data breaches Authentication Accountability 235

eSecurity Planet

OCTOBER 5, 2021

Paying for internal assessments and penetration tests by a third party can provide fresh thinking and a level of assurance for stakeholders such as customers, the board of directors, and the insurance company that wrote our cyber insurance policy.

Ransomware 131

Ransomware Backups Insurance Cyber Insurance 131

eSecurity Planet

FEBRUARY 14, 2023

In the case of Lemonade – an online insurance company – it spent over 200 hours on the process. It provides not only advanced compliance automation, but there is also integrated auditing and penetration testing. But when using Drata, it took only a tenth of the time. They were costing me millions in delays and lost deals.”

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SecureWorld News

JULY 3, 2024

Data Protection Regulations Global talent outsourcing necessitates compliance with various data protection regulations, such as the General Data Protection Regulation (GDPR) in the European Union or the Health Insurance Portability and Accountability Act (HIPAA) in the United States.

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Risk Data breaches Penetration Testing Encryption 110

eSecurity Planet

MAY 30, 2024

This betrays a lack of preparation for disaster recovery and ineffective penetration testing of systems. Test systems: Don’t assume correct installations and configurations, use penetration testing to validate initial and ongoing status of externally facing and high value systems. Ascension lost $2.66

Healthcare 123

Healthcare Cybersecurity Ransomware Backups 123

McAfee

JUNE 17, 2021

Until recently, discovering the answer to such questions has required exercises such as white hat penetration testing or the completion of lengthy or sometimes generic security posture questionnaires. But it can also be used in lieu of third-party assessments—applying recommended assessments instead of expensive penetration testing.

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Penetration Testing CISO Risk Cyber Insurance 97

eSecurity Planet

SEPTEMBER 29, 2022

As a result, some are now taking extra precautions such as hiring specialized companies to conduct penetration testing audits on externally facing partner resources. Company reputation is not only of interest to current and potential customers, but it’s also important to market analysts, lenders, and insurance companies.

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Insurance Internet Internet Software 117

Centraleyes

MARCH 13, 2025

Case in Point : In 2019, First American Title Insurance Company experienced a significant data exposure incident, revealing sensitive customer documents due to a vulnerability in their document-sharing application. Schedule periodic penetration testing and vulnerability assessments to identify weaknesses before attackers do.

Cybersecurity 52

Cybersecurity Financial Services Risk Encryption 52

Hacker's King

OCTOBER 10, 2024

Penetration Testing Penetration testing is a service where cybersecurity companies simulate real-world attacks on an organization’s network to find vulnerabilities before hackers do. Cyber Insurance Partnerships Cyber insurance is becoming a must-have for businesses worldwide.

Cybersecurity 52

Cybersecurity Cyber Insurance Insurance Penetration Testing 52

Security Boulevard

SEPTEMBER 19, 2022

Threat modeling (Risk management, vulnerability, and penetration testing). Often organizations will leverage cybersecurity insurance and managed services to respond to the negative impact of current and future incidents. New and emerging threats impacting the organization’s ability to obtain cybersecurity insurance?

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Cybersecurity Architecture Risk Insurance 98

Centraleyes

DECEMBER 19, 2024

The new NY regulations, however, go further by requiring hospitals to implement: Tailored cybersecurity programs, Designation of a Chief Information Security Officer (CISO), Penetration testing, Mandatory breach reporting within 72 hours. Hospitals must conduct regular penetration tests and risk assessments to identify vulnerabilities.

Healthcare 52

Healthcare Cybersecurity Penetration Testing CISO 52

Penetration Testing

JULY 26, 2024

A recent report by Parametrix, a leading cloud monitoring and insurance firm, has revealed the staggering financial fallout of the July 19th CrowdStrike outage. The report estimates that Fortune 500 companies, excluding Microsoft, have... The post Financial Fallout: CrowdStrike Downtime Leaves $5.4

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Insurance Cybersecurity Technology 75

The Last Watchdog

APRIL 18, 2019

Related: Data breaches fuel fledgling cyber insurance market. 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. Enterprises, especially, tend to be methodical and plodding.

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Digital transformation Cyber Risk Risk Penetration Testing 113

eSecurity Planet

MAY 2, 2024

Breach damages of $300k to $1 million may be within the risk tolerance for some, and many may expect to recoup damages from cybersecurity insurance. Penetration tests can uncover both exposed and unacknowledged vulnerabilities, but most penetration tests don’t cover a full organization.

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Cybersecurity DDOS Penetration Testing Passwords 121

NetSpi Executives

SEPTEMBER 12, 2024

How did you get started in penetration testing, and how has your career evolved over time? I spent six months learning about the basics of information security and penetration testing , and then passed our internal assessments to work on real-world customers.

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Penetration Testing Cybersecurity Social Engineering Technology 59

eSecurity Planet

JANUARY 12, 2021

Cybersecurity preparedness/ insurance. Here are a few core components of cyber risk assessments: Penetration testing : This type of security risk assessment, also referred to as “penetration testing,” is aimed at simulating what a cyber attacker can see and how your system’s security measures will stand up to the test.

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Risk Penetration Testing Cyber Risk Cyber Attacks 70

NopSec

OCTOBER 10, 2014

The first step is to establish a baseline of where an organization stands in terms of security maturity, including a comprehensive penetration test that yields actionable results. Penetration Test There are many reasons to conduct a penetration test.

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Penetration Testing Risk Policy Compliance Retail 40

CyberSecurity Insiders

JULY 19, 2022

PFC said in some cases, SSNs and information about health insurance and medical treatment were also stolen. According to a notice from PFC, attackers stole confidential patient information including patient names, addresses, and outstanding account balances. ” Tim Prendergrast, CEO, strongDM.

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Healthcare Ransomware Encryption Penetration Testing 105

SC Magazine

MAY 12, 2021

Today’s columnist, Mark Wilson of BMC Mainframe Services, writes about how the pandemic has finally shifted the culture and remote pen tests on mainframes are now acceptable. Until recently, mainframe penetration testing was performed onsite for no other reason than “it’s a mainframe.” Agiorgio CreativeCommons CC BY-SA 4.0.

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Penetration Testing Insurance VPN Data breaches 75

IT Security Guru

MARCH 27, 2024

It applies to banks, investment firms, insurance companies, payment service providers and any other organisation engaged in financial services. DORA takes effect in January 2025. Therefore, look for technology partners that operate world-class security, such as a zero-knowledge and zero-trust architecture.

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Financial Services Risk Penetration Testing Technology 91