SC Magazine

APRIL 23, 2021

For example, they’re used in boardrooms as “eye candy” to portray the state of company cyber-risk, with supply chain partners to manage third-party risk and, even more frightening, by insurance companies to create risk profiles for cyber-insurance policies. Does it truly reflect the security of the company? Usually not.

Cyber Insurance 61

Cyber Insurance Insurance Risk Cyber Risk 61

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. If your company already has cyber insurance coverage, consider increasing it. 1 Cyber Threat This Year. As bad as the ransomware scourge was for businesses, local governments arguably had it worse.

Cyber threats 215

Cyber threats Ransomware Encryption Insurance 215

CyberSecurity Insiders

DECEMBER 11, 2021

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.

Cyber Insurance 52

Cyber Insurance Insurance Cyber Risk Risk 52

Thales Cloud Protection & Licensing

JULY 21, 2022

The Ongoing Cyber Threat to Critical Infrastructure. With that in mind, Thales has launched the 2022 Thales Data Threat Report Critical Infrastructure Edition, which includes responses from 300 security leaders and practitioners within critical infrastructure organizations. Thu, 07/21/2022 - 12:28.

Cyber threats 71

Cyber threats Energy and Utilities Ransomware IoT 71

Security Affairs

FEBRUARY 8, 2024

Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 Cyber Skills Gap: By 2025, there could be 3.5 million unfilled cyber security jobs, showing a big need for skilled professionals. Email Threats: More than 75% of targeted attacks start with an email, delivering 94% of malware.

Social Engineering 118

Social Engineering Cyber Attacks Cyber Insurance IoT 118

CyberSecurity Insiders

APRIL 19, 2021

Report stats showed that the overall proportion of businesses that were targeted by cyber criminals in the past increased to 43% in 2020 from meager 16% in 2019. Gareth Wharton, the CEO of Hiscox, said that cyber attacks are turning complex. But that does not mean that they are difficult to manage.

Cyber Attacks 69

Cyber Attacks Cyber Insurance Insurance Cyber threats 69

Security Boulevard

JUNE 8, 2021

It’s important to remember, however, as we slowly transition back into some semblance of normality, that there will be new challenges to face in all facets of life, and the Cyber Security sector is no exception. Human error is still the number one cause of cyber attack and home working could make this even more prominent.

Cyber Insurance 105

Cyber Insurance Cyber Attacks Cyber threats Insurance 105

Malwarebytes

SEPTEMBER 30, 2022

Take cyber insurance , for example. Cyber insurance can prevent local governments from having to pay huge out of pocket costs in the event that they’re hit with a cyberattack. A 2020 survey of 165 municipalities found 50.9% 24/7 monitoring of cyber threats. Baltimore learned this the hard way.

Government 60

Government Cybersecurity Cyber Insurance Insurance 60

Cisco Security

JULY 11, 2022

67 individual ransomware attacks on schools and colleges–a 19 percent decrease from 2020 (83) . 954 separate schools and colleges were potentially affected–a 46 percent decrease from 2020 (1,753) . 950,129 individual students could have been impacted–a 31 percent decrease from 2020 . In 2021: .

Ransomware 116

Ransomware Education Cyber Insurance Insurance 116

Centraleyes

APRIL 9, 2024

surge from 2020. The top five countries and regions for the highest average cost of a cyber security breach in 2023 were as follows: the US ($9.4 Insurance Woes While grappling with the aftermath of breaches, organizations face an unexpected challenge – soaring cyber insurance premiums. million globally.

Data breaches 52

Data breaches Cyber Insurance Insurance Ransomware 52

The Last Watchdog

SEPTEMBER 20, 2019

Weller observed that local governments are under pressure to more proactively detect and deter threat actors, which means they must figure out how to redirect a bigger chunk of limited resources toward mitigating cyber threats. For a drill down on my interview with Weller, give a listen to the accompanying podcast.

Ransomware 153

Ransomware Government Firewall Cyber Insurance 153

eSecurity Planet

JUNE 1, 2021

“Using legitimate infrastructure is typically the ultimate goal for any attacker, so this was a bonus for Nobelium,” Sean Nikkel, senior cyber threat intel analyst at cybersecurity vendor Digital Shadows, told eSecurity Planet. ” Further reading: Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs.

Phishing 67

Phishing Mobile Government Cybersecurity 67