SC Magazine

MAY 24, 2021

In a report released May 20, the Government Accountability Office looked at how the private cybersecurity insurance market has developed over the past five yearsRich Baich is global chief information security officer for insurance giant AIG. Photo by Spencer Platt/Getty Images).

Cyber Insurance 94

Cyber Insurance Insurance Marketing Cyber Risk 94

Joseph Steinberg

JULY 8, 2021

Ironically, while many larger enterprises purchase insurance to protect themselves against catastrophic levels of hacker-inflicted damages, smaller businesses – whose cyber-risks are far greater than those of their larger counterparts – rarely have adequate (or even any) coverage. Cyberattacks can even kill businesses.

Insurance 363

Insurance Cyber Insurance Cybersecurity Small Business 363

SecureWorld News

MARCH 28, 2024

Department of Treasury on March 27th released a report titled "Managing Artificial Intelligence-Specific Cybersecurity Risks in the Financial Services Sector." Data Security Concerns: AI systems rely heavily on data. The Treasury Department recognizes the importance of proactively addressing these risks. Here is the U.S.

Risk 77

Risk Artificial Intelligence Cybersecurity Financial Services 77

SC Magazine

APRIL 19, 2021

AIG is one of the top cyber insurance companies in the U.S. Today’s columnist, Erin Kennealy of Guidewire Software, offers ways for security pros, the insurance industry and government regulators to come together so insurance companies can continue to offer insurance for ransomware.

Insurance 113

Insurance Cyber Insurance Ransomware InfoSec 113

Malwarebytes

SEPTEMBER 30, 2022

It seems like not a day goes by where we don’t hear about a local government cyberattack. Indeed, from 911 call centers to public schools , cyberattacks on local governments are as common as they are devastating. Just how often do threat actors attack local governments? said daily. said daily. Table of Contents.

Government 59

Government Cybersecurity Cyber Insurance Insurance 59

SC Magazine

JULY 13, 2021

million patients have been impacted by a health care data breach so far in 2021, a whopping 185% increase from the same time period last year where just 7.9 The attacks on our nation’s critical infrastructures, which includes our hospital systems, has resulted in government agencies showing a renewed focus on cybersecurity.”.

Data breaches 113

Data breaches Insurance Healthcare Education 113

Adam Levin

AUGUST 26, 2019

The data breach of Capital One was big news, but it was also a familiar story: a major financial company with the budget and means to secure its data didn’t bother to do so, and the personal information of over a hundred million of its customers and applicants was exposed. Cloudy with a Chance of Client Error.

Data breaches 142

Data breaches Cyber Insurance Hacking Insurance 142

Security Affairs

FEBRUARY 8, 2024

Phishing Attacks: Phishing is the top cyber attack, causing 90% of data breaches. Data Breach Costs: The average global cost of a data breach in 2023 was $4.45 Data Breach Costs: The average global cost of a data breach in 2023 was $4.45 million per breach.

Social Engineering 115

Social Engineering Cyber Attacks Cyber Insurance IoT 115

Webroot

JULY 25, 2022

Cyber insurance becomes mainstream discussion. As cyberattacks have become more costly and more challenging to track, cyber insurance has gained prominence across the industry. The cyber insurance market is expected to reach around $20B by 2025.

Cyber Insurance 124

Cyber Insurance Insurance Marketing Phishing 124

Security Boulevard

JANUARY 18, 2024

Cybersecurity risks increase every year and bludgeon victims who fail to prepare properly. For those interested in a better understanding of the oncoming risks, this is the information you are looking for. It can feel like crossing a major highway while blindfolded. Many never see the catastrophe about to happen, until it occurs.

Risk 115

Risk Cybersecurity CISO Technology 115

Joseph Steinberg

AUGUST 5, 2021

While leveraging cyber-liability insurance has become an essential component of cyber-risk mitigation strategy, cyber-liability offerings are still relatively new, and, as a result, many parties seeking to obtain coverage are still unaware of many important factors requiring consideration when selecting a policy.

Insurance 258

Insurance Cyber Insurance Artificial Intelligence Cybersecurity 258

Security Affairs

NOVEMBER 5, 2023

Kinsing threat actors probed the Looney Tunables flaws in recent attacks ZDI discloses four zero-day flaws in Microsoft Exchange Okta customer support system breach impacted 134 customers Multiple WhatsApp mods spotted containing the CanesSpy Spyware Russian FSB arrested Russian hackers who supported Ukrainian cyber operations MuddyWater has been spotted (..)

Cyber Insurance 95

Cyber Insurance Cryptocurrency Internet Internet 95

Malwarebytes

JANUARY 26, 2022

Due to the evolving and growing impact of cybersecurity incidents there are some questions starting to arise about the way that insurance companies deal with the costs that are the results of such incidents. But cyber insurance comes in different flavors and sizes. Pharmaceutical giant Merck & Co. Merck suffered US$1.4

Insurance 87

Insurance Cyber Insurance Ransomware Data breaches 87

Jane Frankland

DECEMBER 7, 2023

It’s likely we’ll continue to witness a significant shift in the motivation behind prominent cyberattacks, as data sources indicate a resurgence in activities such as information theft, covert communication monitoring, and content manipulation from state sponsored attackers and cybercriminals. The first is by rule making.

Cybersecurity 130

Cybersecurity Cyber threats Insurance Artificial Intelligence 130

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 71

Cybersecurity Cyber Risk Risk Cyber Insurance 71

Centraleyes

APRIL 8, 2024

High-profile data breaches have made data protection and privacy a hot subject. Hackers use more sophisticated methods to break network defenses and steal sensitive data on a large scale. Malicious actors target personal data because of its value. The consequences of data breaches go beyond financial impact.

Data privacy 52

Data privacy Unstructured Data Data breaches Government 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

SC Magazine

FEBRUARY 8, 2021

But when it comes to cybersecurity coverage, the relationship between enterprises and insurers has been rocky and uncertain. And in a few high-profile cases, insurance companies have bailed. The relationship between enterprises and insurers, like the cyber insurance market itself, is evolving. A maturing model.

Insurance 126

Insurance Cyber Insurance Cybersecurity Government 126

Centraleyes

MAY 6, 2024

The insurance industry is no exception. The insurance industry is built on handling our own and everyone else’s risks. As artificial intelligence shatters glass ceilings, the risks it introduces present a new paradigm to the insurance market in many different areas.

Insurance 52

Insurance Artificial Intelligence Cyber Insurance Marketing 52

SiteLock

AUGUST 27, 2021

The Online Trust Alliance (OTA) recently released its 2015 Data Protection and Breach Readiness Guide for its seventh consecutive year. About the Data Protection Guide. The 2015 Data Protection and Breach Readiness Guide was created with the help of SiteLock and over 100 other security and privacy experts.

Data breaches 40

Data breaches Cyber Insurance Data privacy Insurance 40

SC Magazine

MAY 28, 2021

The shutdown of operations of Colonial Pipeline captured the attention of the security community, government and consumers that suddenly couldn’t fill their gas tanks. That distinction is important for identifying risk. That then begs the question of government’s role. Colonial Pipeline).

Insurance 117

Insurance Government Ransomware Risk 117

BH Consulting

JUNE 13, 2023

Target the human, swipe the cash: Verizon DBIR 2023 highlights crime trends Manage the human risk and mind your money: those are two key takeaways from Verizon’s 2023 Data Breach Investigations Report. The report contains analysis from 16,312 security incidents, of which 5,199 were confirmed breaches.

Social Engineering 52

Social Engineering Data breaches Scams DDOS 52

eSecurity Planet

AUGUST 9, 2022

GDPR, the EU’s flagship data privacy and “right to be forgotten” regulation, has made the stakes of a data breach higher than ever. See the Top Governance, Risk and Compliance (GRC) Tools. Thus, it can be difficult for even small enterprises to keep up with information security and data privacy compliance.

Data privacy 145

Data privacy Encryption Data breaches Insurance 145

Pen Test

OCTOBER 10, 2023

Ransomware exploded into greater prominence over the last decade with high-profile attacks on hospitals, city governments, and large corporations. Double extortion introduces catastrophic risks of data breach and loss of customer trust if sensitive information gets leaked publicly. But no single solution is perfect.

Ransomware 52

Ransomware Backups Insurance Cyber Insurance 52

SecureList

NOVEMBER 9, 2022

The contributors include representatives from government institutions: H.E. Dr.Mohamed Al Kuwaiti (UAE Cyber Security Council) , and public organizations: Kubo Ma?ák Arthur Laudrain, Strategic Analyst (Cyber Program), The Hague Centre for Strategic Studies. What cyberthreats for business will be the greatest in 2023?

Cybersecurity 128

Cybersecurity Cyber Insurance Cybercrime IoT 128

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. Are there policies and procedures in place to ensure good governance of information security? Questions to ask your insurer.

Insurance 83

Insurance Cybersecurity Cyber Insurance Cyber Risk 83

Adam Levin

MARCH 2, 2020

As bad as the ransomware scourge was for businesses, local governments arguably had it worse. Businesses, individuals, governments, and organizations alike can become savvier about the threat, understand the scope of the problem, and prepare for it. If your company already has cyber insurance coverage, consider increasing it.

Cyber threats 215

Cyber threats Ransomware Encryption Insurance 215

Security Boulevard

JUNE 26, 2022

Cost of Breach Could Be Greater Than The Expected Cost Savings. IBM’s annual Cost of a Data Breach study revealed a single data breach could cost a company up to $3.29 That $3.29, even with cyber insurance, is still a significant hit to the organization’s bottom line.

Information Security 98

Information Security Technology Marketing Cyber Insurance 98

eSecurity Planet

MARCH 17, 2023

From there, these tools send alerts to security teams if and when risks are identified. Vulnerability management is handled not only by cybersecurity and IT teams but by cross-functional teams that understand how assets are used across the organization.

Network Security 117

Network Security Penetration Testing Firewall Antivirus 117

Duo's Security Blog

JULY 11, 2022

In this mix, we now have an increasing level of cybersecurity attacks, which not only put personal data at risk, but also threaten to stop the operations of an institution altogether. At the same time, the Federal Government, the traditional source of most Higher Education funding, has been undergoing its own cultural change.

Education 52

Education Insurance Cyber Insurance Government 52

SC Magazine

JULY 2, 2021

An exterior view of the Anthem Health Insurance headquarters. About 80 million company records were accessed in one of the largest health care data breaches. Other major settlements stemmed from covered entities that failed to provide adequate breach notification. This trend is not so good.”.

Insurance 88

Insurance Cyber Insurance Data breaches Media 88

Thales Cloud Protection & Licensing

FEBRUARY 15, 2023

These methods provide significant security risks for businesses of all sizes. An additional 77% concur that governments should do more to assist private enterprises in defending against ransomware. This data creates leverage for the bad guys as it increasingly affects the customers' personal information.

Ransomware 71

Ransomware Encryption Backups Cyber Insurance 71

Security Affairs

APRIL 24, 2022

Patch them now!

Cyber Insurance 71

Cyber Insurance Spyware Firmware Insurance 71

eSecurity Planet

JANUARY 11, 2022

Boasting itself as the world’s first Code Risk Platform, Apiiro Security offers risk visibility across design, code, and cloud segments. Apiiro can connect across hybrid infrastructure through a read-only API and promises real-time inventory and actionable remediation for risks in addressing DevSecOps. Apiiro Security.

Cybersecurity 142

Cybersecurity Threat Detection Artificial Intelligence Risk 142

SC Magazine

MARCH 29, 2021

And yet, even as both government and industry acknowledge the severity of the situation, strategies are fragmented at best, elusive at worst. But there’s a long way to go – and much more work to be done – if industry and government are going to succeed in stemming the rising tide of software-based attacks they’re facing on a daily basis.

Software 120

Software Hacking Government Cyber Insurance 120

Troy Hunt

MARCH 2, 2020

These were companies spanning all sorts of different industries; big tech, general infosec, antivirus, hosting, finance, e-commerce, cyber insurance - I could go on. Anyone can cobble together a website with some APIs and load in a ton of data breaches, but establishing trust is a whole different story.

Data breaches 338

Data breaches Marketing Cyber Insurance InfoSec 338

ForAllSecure

MAY 17, 2023

Chris Gray of Deep Watch talks about the view from the inside of a virtual SOC, the ability to see threats against a large number of SMB organizations, and the changes to cyber insurance we’re seeing as a result. cyber insurance as a whole was changing heavily. And why is that? It started off pretty easy to get.

Internet 40

Internet Internet Insurance Cyber Insurance 40