Jane Frankland

AUGUST 18, 2020

Last year, Verizon reported that 71% of breaches were financially motivated, 25% came from espionage, and 21% were caused by human error. Furthermore, from 2019–2023E, approximately USD 5.2 trillion in global value will be at risk from cyberattacks. IBM found that the average time to identify a breach in 2019 was 206 days.

Cyber Risk 100

Cyber Risk Risk Cybersecurity Technology 100

CyberSecurity Insiders

AUGUST 17, 2021

Pearson, a London based e-textbook publishing firm that supplies software to Schools and Universities has been slapped with a fine of $1 million for misleading investors about a 2018 data breach that witnessed siphoning of millions of student records by hackers.

Data breaches 120

Data breaches Education Cyber Risk Cyber Attacks 120

The Last Watchdog

MAY 2, 2019

Small and midsize businesses — so-called SMBs — face an acute risk of sustaining a crippling cyberattack. This appears to be even more true today than it was when I began writing about business cyber risks at USA TODAY more than a decade ago. I had the chance at RSA 2019 to discuss the SMB security landscape at length with Gill.

Risk 182

Risk Cyber Risk Cyber threats Banking 182

Adam Levin

JULY 3, 2019

In this regard, knowledge of cyber risks and cyber defense are fungible assets. While I am not in a position to say exactly why this was the case, last year’s average per record cost, according to IBM’s “2018 Cost of Data Breach Study” was $157, with the average total cost to a company coming in at $4.24

Data breaches 125

Data breaches Healthcare Cybersecurity Cyber Risk 125

The Last Watchdog

APRIL 18, 2019

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.

Digital transformation 113

Digital transformation Cyber Risk Risk Cyber Insurance 113

Centraleyes

MARCH 3, 2025

While the proposed New York Privacy Act (NYPA) aimed to fill this gap, it remains stalled in the legislature, leaving New York reliant on a patchwork of industry-specific New York data security laws. It introduces more stringent requirements for protecting private information and expands the definition of a data breach.

Data breaches 52

Data breaches Risk Financial Services Data privacy 52

SiteLock

AUGUST 27, 2021

A data breach, ransomware attack or other digital attack that knocks your website offline can cost your business anywhere from thousands to millions of dollars in remediation, lawsuits from customers and fines by regulators. There were more than 151 million ransomware attacks in 2019. What’s the financial impact?

Data breaches 98

Data breaches DDOS Ransomware Marketing 98

The Last Watchdog

OCTOBER 16, 2019

Related: Cyber risks spinning out of IoT Credential stuffing and account takeovers – which take full advantage of Big Data, high-velocity software, and automation – inundated the internet in massive surges in 2018 and the first half of 2019, according to multiple reports. Hackers count on it.

Big data 164

Big data Accountability Passwords Digital transformation 164

eSecurity Planet

SEPTEMBER 1, 2021

Insecure implementations may result in unauthorized access to threat actors and potential data breaches.” This instance can result in NFV data breaches, resource exhaustion, or DDoS attacks. Incentivizing a Cyber Duty of Care. There are no secure implementation guides or standards for network operators.

Risk 137

Risk Cybersecurity IoT Wireless 137

Thales Cloud Protection & Licensing

JUNE 4, 2019

How has GDPR affected other global data protection regulations? On May 22, the European Commission published an infographic on compliance with and enforcement of the GDPR from May 2018 to May 2019. 57% of Europeans know that there is a public authority in their country responsible for protecting their rights about personal data.

Data privacy 102

Data privacy Artificial Intelligence Data breaches Technology 102

Vipre

OCTOBER 25, 2021

We’ve all heard about big companies getting hit by data breaches — Yahoo , Facebook , Marriott International , and more have notoriously fallen victim to large-scale attacks that rocked news headlines. There are a number of reasons that SMBs find themselves at risk for security breaches.

Cybersecurity 59

Cybersecurity Data breaches Small Business Phishing 59

BH Consulting

JUNE 22, 2021

Also known as cyber risk insurance, it’s now a prerequisite in some public sector tenders. You could argue cybersecurity insurance is useful because it makes people think of business risk, not just IT problems. Ultimate responsibility for data breaches rests with the board and the CEO.

Insurance 83

Insurance Cybersecurity Cyber Insurance Cyber Risk 83

IT Security Guru

JUNE 17, 2024

And in 2024, cyber-criminal gangs are carrying out even more attacks and are doing so at a faster rate. This has resulted in the average number of days taken to execute a ransomware attack falling from around 60 days in 2019 to just four today. Clearly, ransomware remains a significant threat to business resilience for several reasons.

Ransomware 137

Ransomware Insurance Risk Backups 137

Centraleyes

MARCH 13, 2025

The regulation emphasizes strict access control measures to ensure that only authorized personnel can access sensitive data. Over 60% of data breaches involve insiderssome malicious, others accidental. Encryption Sensitive data must be encrypted, whether in transit or at rest.

Cybersecurity 52

Cybersecurity Financial Services Risk Encryption 52

CyberSecurity Insiders

JANUARY 28, 2022

cybersecurity M&A deals hit 151 in the first three quarters of 2021, compared to 80, 88 and 94 in 2018, 2019 and 2020, respectively, according to data from 451 Research. “ A damaged asset is worth less ,” according to Sean Wessman, a Principal at EY’s Americas Risk and Cybersecurity Practice.

Cybersecurity 89

Cybersecurity Digital transformation CSO Risk 89

SC Magazine

FEBRUARY 8, 2021

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. But when it comes to cybersecurity coverage, the relationship between enterprises and insurers has been rocky and uncertain. billion in premium.

Insurance 126

Insurance Cyber Insurance Cybersecurity Government 126

BH Consulting

NOVEMBER 10, 2020

Board of the subject: business leaders lack resilience to reduce cyber risks. Many Irish boards lack the ability to understand and respond to cybersecurity risks effectively. Remember the Marriott and BA data breach cases that came to public attention within weeks of each other in 2019? Another fine mess?

Data breaches 52

Data breaches Ransomware Risk Cyber Risk 52

Cytelligence

FEBRUARY 4, 2020

The acquisition will help Aon expand its current coverages within the cyber market at a time when cyber claims are almost doubling year-over-year. Global cyber insurance premiums are expected to grow from $4 billion in 2018 to $20 billion by 2025. said J Hogg, CEO of Aon Cyber Solutions.

Penetration Testing 45

Penetration Testing Insurance Data preservation Cyber Insurance 45

Spinone

OCTOBER 27, 2020

IBM’s “ 2019 Cost of a Data Breach Report ” details the costs that come from a data breach as a result of various cybersecurity risks. million Healthcare organizations for the 9th year in a row had the highest costs associated with data breaches – $6.45 percent in 2019.

Risk 52

Risk Cybersecurity Penetration Testing Data breaches 52

Thales Cloud Protection & Licensing

JULY 11, 2019

Since the General Data Protection Regulation (GDPR) took effect on May 25th last year, data protection has become a very hot topic. On May 22, 2019, the European Commission published an infographic on compliance with and enforcement of the GDPR from May 2018 to May 2019 and it is clear that a lot of work still needs to be done.

Risk 97

Risk Encryption Accountability Government 97

Jane Frankland

JANUARY 13, 2021

Awareness and interest in cybersecurity is up Thanks to media attention due to hacks and data breaches plus campaigns and initiatives run by governments, tech giants, system integrators, cybersecurity consultancies and product vendors, more people than ever are interested in cybersecurity. Here’s my answer. #1.

Cybersecurity 100

Cybersecurity Risk Government Technology 100

McAfee

MAY 26, 2020

However, in reality, the Data Protection, Privacy and Electronic Communications (Amendments etc.) (EU Additionally, hacker activity has been unprecedented , causing a sudden “mass exodus” home and (personal) data protection risks. The EU GDPR will no longer apply directly in the UK at the end of the transition period.

Antivirus 52

Antivirus VPN Risk Software 52

McAfee

APRIL 20, 2020

Adversaries continue to take advantage of this industry predicament as depicted by the 4 billion records lost through data breaches and malware attacks in 2019 (Source: Verizon ). link] – Verizon Data Breach Investigation Reports. This is where security frameworks come into the picture. References.

Architecture 54

Architecture Risk Data breaches Cyber threats 54

Spinone

MAY 8, 2020

Coupled with the current pandemic and the cybersecurity threats that have been very prevalent and growing in recent years such as ransomware, there are many different cyber risk types n 2020 that your business needs to prepare for. What are the types of cyber security threats? First of all, what is a cyberattack?

Cyber Attacks 78

Cyber Attacks Phishing Backups Ransomware 78

Digital Shadows

NOVEMBER 1, 2022

Rise of data leak site: many cyber extortion groups may pivot to solely conducting data exfiltration One of the biggest trends from 2021—which continued in 2022—was an expansion of the numbers of double extortion attacks, which originally started in 2019.

Cyber threats 52

Cyber threats Ransomware Data breaches Media 52

SC Magazine

JULY 1, 2021

But even advanced tools can’t tell you who owns it – or what it means to the organization in terms of risk.”. In 2019, the College of Healthcare Information Management Executives (CHIME) outlined the biggest health IT security gaps facing provider organizations, in response to Sen. And there are many tools that can accomplish that.

Security Awareness 68

Security Awareness IoT Risk Healthcare 68

eSecurity Planet

JANUARY 11, 2022

Series B Apiiro Security 2019 Tel Aviv, Israel 65 $35.0 Series A BluBracket 2019 Palo Alto, CA 27 $18.5 Series A Cycode 2019 Tel Aviv, Israel 56 $81.0 Series B Open Raven 2019 Los Angeles, CA 45 $19.1 Startup Est Headquarters Staff Funding Funding Type Anvilogic 2019 Palo Alto, CA 34 $14.4 Series B SECURITI.ai

Cybersecurity 142

Cybersecurity Threat Detection Artificial Intelligence Encryption 142

IT Security Guru

FEBRUARY 28, 2023

Their loss ratios – total claims plus the insurer’s costs, divided by total premiums earned – are now consistently above 60%, which presents something of an existential threat to the insurance industry, making cyber risk a potentially uninsurable area due to falling profitability.

Cyber Insurance 131

Cyber Insurance Insurance Marketing Cyber Attacks 131

Adam Levin

MARCH 26, 2020

For those who want to get ahead of the curve, the time to think about these issues, and get more cyber savvy is now. The four most common consumer passwords of 2019 were “123456,” “123456789,” “qwerty,” and “password.” Password: Password. User behavior has been and will continue to be the biggest barrier to effective cybersecurity.

Cyber Insurance 211

Cyber Insurance Insurance Hacking Passwords 211

Adam Levin

MARCH 2, 2020

Ransomware attacks on businesses skyrocketed 365 percent in 2019, and all signs point to more of the same in 2020. Get Covered: I’ve said it before and I’ll say it again: Cyberattacks and data breaches have become the third certainty in life after death and taxes. Don’t be the next Heritage Company.

Cyber threats 215

Cyber threats Ransomware Encryption Insurance 215

SiteLock

AUGUST 27, 2021

All information used in the audit is available publicly through resources such as Google, campaign websites, DNS lookup, news articles and websites that allow internet users to check if their personal data has been compromised by data breaches.

Cybersecurity 98

Cybersecurity Risk Education Technology 98