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Cloudflare Helps Businesses Manage Their Cyber Risk; Announces Partnerships with Leading Cyber Insurers and Incident Response Providers

CyberSecurity Insiders

NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced it is partnering with leading cyber insurance companies to help businesses manage their risks online. As a result, some insurance companies have had to raise premiums to cover their costs.

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Zurich chief warned that cyber attacks will become uninsurable

Security Affairs

With the increase in the number of cyber attacks, a growing number of organizations opted to transfer the cyber risk by underwriting cyber insurance. The increase in cyber losses in recent years pushed up prices, some insurance companies also changed their policies to limit their refunds in case of cyber incidents.

Insiders

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Safety first: Will insurance companies stall or accelerate cybersecurity progress?

SC Magazine

But when it comes to cybersecurity coverage, the relationship between enterprises and insurers has been rocky and uncertain. With mitigation of some breaches costing well into the six figures – cyber losses topped $1.8 billion in 2019, according to Hiscox – companies crave coverage. A maturing model. billion in premium.

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NEW TECH: Brinqa takes a ‘graph database’ approach to vulnerability management, app security

The Last Watchdog

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

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Policy debate: the pros and cons of cybersecurity insurance

BH Consulting

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. Insurers know this and will say it’s a significant business risk not to have cover if a breach happens.

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How MFA and Cyber Liability Insurance Effectively Manage Risk in Higher Education

Duo's Security Blog

#BeCyberSmart,” with this post we’ll dig deeper on cyber liability insurance, MFA, and other cybersecurity trends impacting MFA usage in higher education to help campuses manage this aspect of cyber risk for their communities. MFA is core to implementing a zero trust stance to protect your campus.

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Report: Cyberattacks drive 185% spike in health care data breaches in 2021

SC Magazine

Credential harvesting attempts account for 54% of all phishing attacks, an increase of nearly 15% when compared with data from 2019. Lastly, the report warns entities not to rely on cyber insurance as the rates have skyrocketed in response to the rise in ransomware attacks. Another 20.7% were attributed to extortion.