Krebs on Security

AUGUST 29, 2019

In July, attackers hit QuickBooks cloud hosting firm iNSYNQ , holding data hostage for many of the company’s clients. In February, cloud payroll data provider Apex Human Capital Management was knocked offline for three days following a ransomware infestation. ” Read the full ProPublica piece here.

Backups 226

Backups Ransomware Insurance Encryption 226

SecureWorld News

NOVEMBER 12, 2020

First, however, let's look at the top 15 cyber threats organizations face right now, according to the report: Malware. Data Breach. Cyber Espionage. So that is the top 15 list of cyber threats according to the European Union. Web-based Attacks. Web Application Attacks. Distributed Denial of Service (DDoS).

Cyber threats 108

Cyber threats Insurance Cyber Insurance Ransomware 108

Krebs on Security

DECEMBER 12, 2018

Earlier this year, FICO began touting its Cyber Risk Score (PDF), which seeks to measure an organization’s chances of experiencing a data breach in the next 12 months, based on a variety of measurements tied to the company’s public-facing online assets. In October, FICO teamed up with the U.S.

Cyber Risk 195

Cyber Risk Energy and Utilities Risk Marketing 195

eSecurity Planet

AUGUST 9, 2022

And since the EU’s General Data Protection Regulation (GDPR) took effect May 25, 2018, IT compliance issues have been at the forefront of corporate concerns. GDPR, the EU’s flagship data privacy and “right to be forgotten” regulation, has made the stakes of a data breach higher than ever. In the U.S.,

Data privacy 145

Data privacy Encryption Data breaches Insurance 145

Adam Levin

MARCH 16, 2020

The loss of time, worker focus and business opportunities can be catastrophic is the aftermath of an attack, and is yet another reason no company should be without a robust cyber insurance policy in place. In September 2019, the Bureau announced that the losses from BEC scams had doubled between May 2018 and July 2019.

Scams 130

Scams Identity Theft Phishing Accountability 130

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 Cyber Insurance 45

Cisco Security

JULY 11, 2022

From extortion to data breaches, ransomware is always evolving, and is becoming very lucrative with Ransomware-as-a-service kit making it easier to target organizations. Below you can review their findings from a study done between 2018 – 2022: Map: Comparitech Get the data Created with Datawrapper. Key findings .

Ransomware 126

Ransomware Education Cyber Insurance Insurance 126

Krebs on Security

JULY 24, 2018

According to the lawsuit, in June 2018 Everest determined both the 2016 and 2017 breaches were covered exclusively by the debit card rider, and not the $8 million C&E rider. “The serious brokers who are out there selling cyber insurance all say the same thing: Have an expert help you to write your policy,” she said.

Banking 190

Banking Insurance Computers and Electronics Cyber Insurance 190

Spinone

OCTOBER 13, 2020

In IBM’s Cost of a Data Breach Report 2019 cited the following: Lost business is the biggest contributor to data breach costs The average cost of lost business in 2019 was $1.42 This is quite a feat as it was only first discovered in mid-august 2018.

Ransomware 52

Ransomware Backups Data breaches Encryption 52

eSecurity Planet

JANUARY 11, 2022

Startup Est Headquarters Staff Funding Funding Type Abnormal Security 2018 San Francisco, CA 261 $74.0 Series A Confluera 2018 Palo Alto, CA 33 $29.0 Series A Perimeter 81 2018 Tel Aviv, Israel 159 $65.0 2018 Santa Clara, CA 305 $50.0 Series A Confluera 2018 Palo Alto, CA 33 $29.0 2018 Santa Clara, CA 305 $50.0

Cybersecurity 142

Cybersecurity Threat Detection Artificial Intelligence Risk 142

Adam Levin

DECEMBER 26, 2018

It’s not known yet if these efforts to secure the electoral process worked, but in the mean time there are some takeaways for any organization struggling to define cyber security policies and protect itself from cyberattack. Here are three lessons from the 2018 midterm elections. Independent Vetting. Not impressive.

Computers and Electronics 130

Computers and Electronics Government Cyber Insurance Hacking 130

Adam Levin

DECEMBER 27, 2019

fewer of you to go around because at this moment in history everyone understands that a good CISO is critical to the ongoing success of an enterprise (the 2019 IBM Cost of Data Breach study found that the average cost to an organization was $3.92 You’re going to have personal cyber insurance.

Cybersecurity 100

Cybersecurity CISO IoT Insurance 100