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Cyber Insurance and the Changing Global Risk Environment

Security Affairs

When security fails, cyber insurance can become crucial for ensuring continuity. Cyber has changed everything around us – even the way we tackle geopolitical crisis and conflicts. If the technology were to become unavailable, the resulting business impact could be mitigated with cyber insurance.

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Ransomware Protection in 2021

eSecurity Planet

A ransomware attack is about as bad as a cyber attack can get. It can shut down your business – in the case of healthcare organizations that can be life-threatening for patients – damage your reputation with customers and employees, and invite further attacks as cybercriminals view your organization as an easy mark.

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What is Ransomware? Everything You Should Know

eSecurity Planet

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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Top Cybersecurity Startups to Watch in 2022

eSecurity Planet

Investors recognize the potential too, as funding for cybersecurity ventures more than doubled from previous years to almost $22 billion in 2021. Read more: And the Winner of the 2021 RSAC Innovation Contest is…. Most traditional tools used for investigating cyber attacks cannot assess potential impacts on these environments.

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USAID Email Phishing Campaign Shows Supply Chain Threats Continue

eSecurity Planet

One of those threats is third-party attacks, where numbers are expected to increase as more companies rely on third-party services and technology as their IT environments become more distributed and they lack in-house resources. ” Further reading: Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs.

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Top VC Firms in Cybersecurity of 2022

eSecurity Planet

billion in 2021, and growing concerns over data security , software supply chains , and ransomware suggest the market will remain strong through economic ups and downs. Named after the infamous string of nation-state cyber attacks during the late 2000s, NightDragon was established in 2016 by former McAfee CEO Dave DeWalt.