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Q&A: NIST’s new ‘Enterprise Risk Management’ guidelines push cyber risks to board level

The Last Watchdog

Related: Poll shows seniors execs get cybersecurity A hazard is anything that can interfere with a company meeting its objectives; it could be something physical, such as a fire, a theft or a natural disaster; or it could be an abstract risk, such as a lawsuit or a regulatory fine. But the technology is just how the attacks occur.

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Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs

eSecurity Planet

A report this month from the Government Accountability Office (GAO) found that the number of companies seeking cyber insurance coverage has steadily risen since 2016 and that insurers are increasing the prices of their policies and lowering their coverage limits as the number of cyberattacks rise. In addition, the U.S.

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RSAC insights: How ‘TPRM’ can help shrink security skills gap — while protecting supply chains

The Last Watchdog

CyberGRX launched in 2016 precisely because bespoke assessments had become untenable. Cyber risks profiling. CyberGRX’s global cyber risk Exchange caught on quickly. The exchange has proven to be a perfect mechanism for fleshing out much richer cyber risk profiles of third-party vendors.

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Fitch Ratings: Cyberattacks could pose a material risk to water and sewer utilities

Security Affairs

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. The expenses to mitigate a cyber-attack could impact the ability of the utilities of paying their debt. ” concludes the alert.

Risk 109
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MY TAKE: Former NSA director says cybersecurity solutions need to reflect societal values

The Last Watchdog

Related: The golden age of cyber espionage The United States, at present, operates with a “nebulous” definition of what constitutes a cyber attack that rises to the level of threatening national security, asserts Rogers, who was commander, U.S. At a fundamental level, it comes down to more rigorously practicing cyber hygiene.

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As market for cyber insurance booms, watchdog calls for better data

SC Magazine

Data from at least one insurance broker tracked a near doubling of clients who were opting in for cyber-specific insurance from 26% in 2016 to 47% in 2020. billion in damages – that it caused a broader reevaluation of cyber risk by the industry.

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Cyber Insurance Premiums Suddenly Surging

SecureWorld News

New research reveals that a record number of organizations are buying cyber insurance policies as a tool for protecting themselves against cyber risk. However, the cost for those policies is rising dramatically as cyber insurance premiums soar up to 30% vs. the previous year. Cyber-specific policies.