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 114

Cyber Insurance Insurance Marketing Cyber Risk 114

eSecurity Planet

MAY 3, 2022

The Attack Surface Management team at Group-IB said it constantly scans the IPv4 landscape for exposed databases, potentially unwanted programs, and other risks. From Q1 2021 to Q1 2022, the team discovered 399,200 exposed databases due to those efforts. According to the Attack Surface Management team, an average of 170.2

Social Engineering 128

Social Engineering Internet Internet Risk 128

Herjavec Group

DECEMBER 15, 2021

Needless to say, in 2021 cybersecurity was front and center for individuals, enterprises, and governments alike. Data breaches and cybersecurity threats were at an all-time high this past year. 2021 saw some of the most damaging ransomware breaches in recent history. The Rise of Ransomware.

Cybersecurity 52

Cybersecurity Digital transformation Ransomware Cyber Risk 52

CyberSecurity Insiders

DECEMBER 7, 2021

Also, that threat actors, especially state-sponsored, and criminal enterprises would take advantage of the expanding cyber-attack surface by using their resources to employ more sophisticated means for discovering target vulnerabilities, automating phishing, and finding new deceptive paths for infiltrating malware. forbes.com).

Cybersecurity 78

Cybersecurity IoT Artificial Intelligence Cyber threats 78

CyberSecurity Insiders

DECEMBER 6, 2021

Like years past, 2021 revealed more of the same for the cybersecurity industry—more breaches, bigger ransomware attacks, higher stakes. These attacks received global attention and spotlighted the need for even more attention on cybersecurity best practices. Make everyone responsible for cybersecurity.

Cybersecurity 105

Cybersecurity Ransomware Security Awareness Technology 105

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.

Cyber Insurance 94

Cyber Insurance Insurance Marketing Cyber Risk 94

The Last Watchdog

MAY 12, 2021

Sophos helped the enterprise’s security team catch up to what these hackers were doing and curtail the attack before they could achieve their ultimate objective, which was to put themselves in a position to demand a hefty ransom. At the same time, more organizations are taking cyber risk mitigation as seriously as they should.

Ransomware 153

Ransomware Hacking Firewall Digital transformation 153

Jane Frankland

APRIL 28, 2022

It’s a roller coaster of a time to lead, as CIOs, CISOs and CTOs are having to deal with more users, data, devices, technologies, connectivity, mobility, regulations, risks, and threats than they care to. Cyber risks top worldwide business concerns in 2022. But it’s not the only attack vector that’s popular.

CISO 130

CISO Mobile Technology Risk 130

CyberSecurity Insiders

APRIL 1, 2021

The consequences of a data breach can vary greatly depending on the intention of the adversary. The 2020 Global State of Industrial Cybersecurity report found that 74% of IT security professionals are more concerned about a cyberattack on critical infrastructure than an enterprise data breach.

Passwords 130

Passwords VPN Data breaches Accountability 130

Cytelligence

FEBRUARY 4, 2020

The 2019 Cybersecurity Almanac published by Cisco and Cybersecurity Ventures predicts that cyber events will cost $6 trillion annually by 2021, as companies are digitizing most of their processes and are often operating remotely. Global cyber insurance premiums are expected to grow from $4 billion in 2018 to $20 billion by 2025.

Penetration Testing 45

Penetration Testing Insurance Data preservation Cyber Insurance 45

Herjavec Group

JULY 29, 2021

Halfway through 2021 and it’s been a year unlike any other in cybersecurity ! While the world transitions out of the pandemic, cyber adversaries have continued to take advantage of the chaos – cyber attacks have skyrocketed and are only becoming more frequent, destructive, and sophisticated. In the U.S.,

Cybersecurity 52

Cybersecurity Digital transformation Cyber Attacks Ransomware 52

CyberSecurity Insiders

APRIL 27, 2022

Corporate networks suffered 50% more cyber attack attempts per week in 2021 compared to the previous year, and the number of reported data breaches increased 68% year over year. Off-premise hosting also makes data less vulnerable to disasters – natural or otherwise. Increase Security Skillset.

Cyber Attacks 99

Cyber Attacks Technology Encryption Risk 99

Digital Shadows

NOVEMBER 1, 2022

For Lockbit, who have been the most active group since early 2021, it is possible that the current war between Russia and Ukraine may take law enforcement focus away from cybercrime as many western law enforcement agencies are likely more preoccupied with stopping Russian nation state sponsored activity.

Cyber threats 52

Cyber threats Ransomware Media Data breaches 52

Jane Frankland

JANUARY 12, 2022

Last year, the World Economic Forum (WEF) Global Risk Report , which has been used for more than a decade by organisations around the world as a risk assessment tool, named ‘cybersecurity failure’ as the fourth-most clear and present short-term danger to the global economy. million per incident in 2021, the highest in 17-years.

Workplace Security 100

Workplace Security Data breaches Cyber Attacks Risk 100

eSecurity Planet

JANUARY 11, 2022

Investors recognize the potential too, as funding for cybersecurity ventures more than doubled from previous years to almost $22 billion in 2021. Apiiro can connect across hybrid infrastructure through a read-only API and promises real-time inventory and actionable remediation for risks in addressing DevSecOps. BluBracket. Series A.

Cybersecurity 142

Cybersecurity Threat Detection Artificial Intelligence Risk 142