CyberSecurity Insiders

FEBRUARY 17, 2022

For all those companies who are planning to renew their cyber insurance policy or are in a procedure to take one, here’s a piece of information that might interest you. Most of the Cyber Insurance companies have excluded ‘Cyber War’ consequences from their policies. that’s insane….isn’t isn’t it? .

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Cyber Insurance Insurance Cyber Attacks Ransomware 120

SC Magazine

MAY 24, 2021

Overall, insurance companies seem to be responding to increased demand from clients for cyber-specific insurance, and one survey found that the two things most likely to spur a purchase of cyber insurance are when a business experiences a cyber attack and when they hear about other companies being hit by a cyber attack.

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Cyber Insurance Insurance Marketing Cyber Risk 94

Security Affairs

APRIL 30, 2019

Aluminum producer Norsk Hydro estimated the cost of the massive attack cyber attack targeting the company in March at around $50 million. I can tell you that potential damages could be very expensive for companies, for example, the transportation giant Maersk announced in 2017 that it would incur hundreds of millions in U.S.

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Cyber Attacks Cyber Insurance Insurance Advertising 108

CyberSecurity Insiders

APRIL 20, 2023

Bank of America has expressed its concerns over Lloyd’s recent policy decision to exclude cyber insurance coverage for large corporations hit by cyber attacks funded by adversary states. The post Cost of state cyber attacks not to be covered under insurance says Lloyd appeared first on Cybersecurity Insiders.

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Insurance Cyber Attacks Cyber Insurance Financial Services 52

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. Why do crypto exchanges’ users need insurance? Five attacks have been linked to North Korean hackers from Lazarus state-sponsored group. Pierluigi Paganini.

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Insurance Cryptocurrency Cyber threats Marketing 95

eSecurity Planet

APRIL 26, 2022

Company Sector Year Status Satori DataSecOps 2021 Private BluBracket Software supply chain 2021 Private Cape Privacy Data security 2021 Private ZecOps Digital forensics 2019 Private SecurityScorecard Risk ratings 2017 Private Carbon Black Security software 2015 Acquired: VMware AVG Antivirus software 2015 Acquired: Avast. ForgePoint Capital.

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Cybersecurity Technology Marketing Healthcare 129

eSecurity Planet

APRIL 6, 2023

Notable Ransomware Attacks CryptoLocker ushered in the modern ransomware age in 2013, and in 2017, the devastating WannaCry and NotPetya ransomware attacks raised the threat’s profile significantly. One attack in particular thrust ransomware into the spotlight as never before, the May 2021 Colonial Pipeline attack.

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Ransomware Backups Encryption Malware 98