Malwarebytes

SEPTEMBER 14, 2022

In fact, there were 50% more attack attempts per week on corporate networks globally in 2021 than in 2020. This article focuses on helping to prevent cyberattacks purely through technology; though of course, businesses need a combination of technology, people, and strategy to truly become cyber resilient. DNS filtering.

Technology 65

Technology DNS Cyber Insurance Insurance 65

SC Magazine

MAY 19, 2021

Today’s special columnist, Scott Register of Keysight Technologies, says government and industry must come together to secure the nation’s critical infrastructure in the wake of the Colonial Pipeline hack. Click here for more coverage of the 2021 RSA Conference. Credit: Colonial Pipeline.

Cyber Insurance 102

Cyber Insurance Insurance Marketing Ransomware 102

CyberSecurity Insiders

DECEMBER 9, 2021

In a recent study made by Gartner, Lloyd’s emerged as a top company that increased its coverage premiums by 50% in 2021, all because of a global impact of ransomware attacks on corporate and government networks. The post Insurance company says it will no longer cover state funded Cyber Attacks appeared first on Cybersecurity Insiders.

Insurance 134

Insurance Cyber Attacks Cyber Insurance Manufacturing 134

Security Boulevard

NOVEMBER 24, 2023

At maximum, they want a 70% loss ratio to cover their payouts and expenses and, according to the National Association of Insurance Commissioners Report on the Cyber Insurance Market in 2021, nearly half of the top 20 insurers, representing 83% of the market, failed to achieve the desired loss ratio.

Insurance 72

Insurance Risk Cyber Insurance Cybersecurity 72

CyberSecurity Insiders

MAY 1, 2023

Almost all of those who suffered consequences related to a data spill are likely, or have already, filed a lawsuit against their technology partners. Surprisingly, the analysis conducted by American law firm BakerHostetler found that victims who made ransomware payments increased in the year 2022 compared to 2021.

Data breaches 138

Data breaches Cyber Insurance Insurance Technology 138

Krebs on Security

MARCH 2, 2023

” Brian Fox , chief technology officer and founder of the software supply chain security firm Sonatype , called the software liability push a landmark moment for the industry. cyber interests. “Adversaries know the NSA, which is the elite portion of the nation’s cyber defense, cannot monitor U.S.

Cybersecurity 241

Cybersecurity Insurance Cyber Insurance Government 241

IT Security Guru

DECEMBER 5, 2022

Everyone in the cyber insurance industry or trying to get cyber insurance today knows that using multifactor authentication (MFA) is an absolute make-or-break requirement for getting a cyber insurance policy; or if you can get a policy without MFA, you will pay a hefty increased premium for the same amount of coverage.

Insurance 110

Insurance Cyber Insurance Phishing Social Engineering 110

Security Boulevard

FEBRUARY 8, 2023

Click here to watch the roundtable and learn about the future of cyber insurance from leading experts. In partnership with Cysurance, BlastWave hosted a roundtable entitled “The Future of Cyber Insurance and MSP Insurability. The expert panelists held an honest discussion about insurability difficulties for MSPs.

Cyber Insurance 52

Cyber Insurance Insurance Marketing Risk 52

Thales Cloud Protection & Licensing

MAY 9, 2022

While implementation of security technologies such as multi-factor authentication and encryption have slightly increased, we have not yet reached the level where the majority of applications, data and operational technology are fully protected. Cyber insurance coverage ramps up.

Cyber Insurance 71

Cyber Insurance Insurance Backups Ransomware 71

eSecurity Planet

FEBRUARY 16, 2021

Also Read: Best Encryption Tools & Software for 2021. Once your micro-perimeters surround your most sensitive segments, there’s a need for ongoing monitoring and adaptive technology. We also look into the most dangerous strains today and predictions for 2021. Also Read: Top Threat Intelligence Platforms for 2021.

Ransomware 97

Ransomware Backups Software Encryption 97

CyberSecurity Insiders

APRIL 19, 2022

The year 2021 witnessed an increase in ransomware attacks on Corporate IT environments. And from early 2022, the focus of the cyber criminals has shifted towards core business environments such as virtualization as any attack on such operations will lead to complex IT disasters.

Ransomware 120

Ransomware Cyber Insurance Insurance Cryptocurrency 120

Centraleyes

MAY 6, 2024

Every few decades, the world experiences a technological disruption that changes our lives. trillion GDP of the United Kingdom in 2021. Because of this, the insurance sector has a great opportunity to boost profitability by implementing artificial intelligence and innovations in its distribution and operational systems.

Insurance 52

Insurance Artificial Intelligence Cyber Insurance Marketing 52

CyberSecurity Insiders

APRIL 19, 2021

Hiscox Cyber Readiness Report 2021 states that most of the German firms are vulnerable to cyber attacks and are topping the list of the study group with a loss tally of $48 million. Researchers who conducted the survey concluded after gauging six key cyber security areas related to people, technology and processes.

Cyber Attacks 69

Cyber Attacks Cyber Insurance Insurance Cyber threats 69

eSecurity Planet

APRIL 26, 2022

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. As a leading VC, BVP offers budding companies plenty to consider, with a set of roadmaps and tools for today’s technologies and market complexities.

Cybersecurity 126

Cybersecurity Technology Marketing Healthcare 126

Duo's Security Blog

DECEMBER 7, 2022

The state of cyber liability insurance The topic of cyber liability insurance is full of datapoints, statistics and graphs all showing upward trajectories. In the long run, a solid cyber security practice could also bring premiums down, ensuring a ‘belt and braces’ approach for the company.

Insurance 73

Insurance Cyber Insurance Ransomware Risk 73

CyberSecurity Insiders

OCTOBER 26, 2022

From a budgetary standpoint, ransom payments and cyber insurance premiums have continued to rise over time. In 2021, an average of 3.98+ million people voluntarily left their jobs per month in the U.S. Once one attack occurs, bad actors tend to further exploit a company’s vulnerabilities and continue to target the company.

Ransomware 120

Ransomware Cyber Insurance Insurance Risk 120

CyberSecurity Insiders

OCTOBER 20, 2021

On Tuesday afternoon, he shared those lessons with (ISC)² Security Congress 2021 attendees during a virtual session. To prepare for ransomware attacks, Okumu stressed the importance of an incident response plan (IRP) that addresses both the technology and business sides of recovery. Be Prepared.

Ransomware 111

Ransomware Backups Insurance Cyber Insurance 111

Thales Cloud Protection & Licensing

NOVEMBER 9, 2021

Tue, 11/09/2021 - 11:20. When an enterprise partners with Google and Thales, they trust the world-class technology offered by both companies. This trust is transformed into value because when the overall risk is decreasing, the cyber insurance cost is reduced as well.

Cloud Migration 123

Cloud Migration Insurance Digital transformation Cyber Insurance 123

Pen Test

OCTOBER 10, 2023

JBS - $11 Million Ransom Paid JBS, the world's largest meat processing company, was forced to shut down plants in the US, Canada, and Australia in May 2021 after an attack that threatened to release data related to its facilities, clients, finances, and more. Colonial Pipeline - $4.4 Brenntag - $7.5 Brenntag refused to pay the initial $7.5

Ransomware 52

Ransomware Backups Insurance Cyber Insurance 52

SecureList

NOVEMBER 9, 2022

And IT teams should be prepared to deal with evolving threats posed by emerging technologies which are becoming widespread, such as geo-targeted phishing or attacks related to Cloud Security, IOT and AI. Yet, in addition to cyber insurance, companies will need a designated DR or RR (Rolling Recovery) plan. DDOS Botnets.

Cybersecurity 127

Cybersecurity Cyber Insurance Cybercrime IoT 127

CyberSecurity Insiders

JANUARY 24, 2022

CINCINNATI–( BUSINESS WIRE )–Great American Insurance Group recently launched EagleEye? EagleEye is available to Great American Cyber Risk policyholders at EagleEye.gaig.com. The members of Great American Insurance Group are subsidiaries of American Financial Group, Inc. About SecurityScorecard.

Cyber Risk 52

Cyber Risk Insurance Risk Cyber Insurance 52

SecureWorld News

OCTOBER 20, 2021

This includes the 2021 annual report at Accenture. Here is the entire section on cyber risk from Accenture's report. In addition, our liability insurance, which includes cyber insurance, might not be sufficient in type or amount to cover us against claims related to security incidents, cyberattacks and other related incidents.".

Cyber Risk 77

Cyber Risk Risk Insurance Cyber Insurance 77

Thales Cloud Protection & Licensing

JULY 21, 2022

gas pipeline in 2021 to the rise of nation-state attacks, critical infrastructure organizations are under siege. However, this stance indicates a lack of understanding of the effects of all the parties involved, such as cyber insurance underwriters, incident response firms, government regulations, and ransomware attribution.

Cyber threats 71

Cyber threats Energy and Utilities Ransomware IoT 71

SecureWorld News

SEPTEMBER 14, 2021

Bad actors are always looking for ways to garner information and they have access to advanced technology. The school district’s cyber insurance provided free credit monitoring, but many parents were still puzzled by how to report the problem and what steps they should take next to protect their children.

Cyber Insurance 86

Cyber Insurance Ransomware Insurance Backups 86

Herjavec Group

FEBRUARY 18, 2021

Now, looking back, there isn’t a person on planet earth who would say that the cell phone is not an ‘obvious’ piece of technology. Teleportation is a building block for a wide range of technologies. Add the fact that sadly due to the COVID-19 pandemic, we’ve now shifted from 3% doing remote office telecommuting to nearly 50% in 2021.It’s

Digital transformation 81

Digital transformation Computers and Electronics Cyber Insurance Insurance 81

Cisco Security

MARCH 22, 2022

It’s easy to get jaded or to let down our guard because we have not seen the cyber meltdown that was predicted to coincide with the onset of a kinetic conflict involving top-tier military powers. Left of Boom refers to actions you can take to protect your organization before a cyber incident. Cyber insurance is not the answer!

Cyber Insurance 66

Cyber Insurance Authentication Insurance Cyber Risk 66

Duo's Security Blog

JULY 11, 2022

The Executive Order 14028 instructs federal agencies to modernize technology, adopt a zero trust security philosophy, and improve public/private partnerships. Look for an MFA solution that will work with the widest variety of technologies and skill levels. The 2021 Infrastructure Investment and Jobs Act is one example.

Education 52

Education Insurance Cyber Insurance Government 52

CyberSecurity Insiders

NOVEMBER 13, 2021

NEW YORK–( BUSINESS WIRE )–The cyber budgets of enterprises rose by less than 1% during the pandemic, according to their cyber budget holders. This left cyber spend stagnating at an average of around £18 million ($24.9 million) for the 2021 financial year. About the research.

Insurance 52

Insurance Cyber Insurance Marketing Cybercrime 52

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. Read more: And the Winner of the 2021 RSAC Innovation Contest is…. was recently named a Leader in the Forrester Wave’s Privacy Management Software, Q4, 2021. BluBracket.

Cybersecurity 142

Cybersecurity Threat Detection Artificial Intelligence Risk 142

eSecurity Planet

JULY 8, 2022

Ransomware has now emerged as one of the key reasons to have a DR plan and DR technology in place. But it also requires software to orchestrate data movement, backup and restore technology to ensure a current copy of data is available, and the ability to recover systems and data rapidly.

Backups 142

Backups Ransomware Technology Marketing 142

SecureWorld News

MAY 16, 2023

The cities of Middleton, Danvers, Wenham, Manchester-by-the-Sea, Essex, Hamilton, and Topsfield formed the North Shore IT Collaborative in 2021 with the goal of their collective power being stronger than what they can manage alone. He will join a panel at SecureWorld Dallas on October 26 on the topic, "Cover Your Cyber Assets."

Cybersecurity 74

Cybersecurity Insurance Cyber Risk CISO 74

CyberSecurity Insiders

JANUARY 5, 2022

“The threat environment has increased through the pandemic, with more cyber-attacks and criminal behavior being directed towards the healthcare industry just as the environment has become more vulnerable. The cost of these cyber events is rising sharply with cyber insurance premiums and compliance requirements increasing.

Healthcare 52

Healthcare Risk Cyber Insurance Cyber Attacks 52

Duo's Security Blog

JUNE 9, 2022

Hard market woes Unsurprisingly, insurance has become a ‘hard market’ over the past three or four years, meaning that premiums have increased (by 96% in Q3 2021 in the US as reported by the World Economic Forum ) while capacity has decreased across the board. Here are my key takeaways.

Insurance 63

Insurance Marketing CISO Cyber Insurance 63

eSecurity Planet

APRIL 6, 2023

One attack in particular thrust ransomware into the spotlight as never before, the May 2021 Colonial Pipeline attack. Ransomware attacks doubled in 2021 and now number roughly 500 million a year, according to SonicWall. Conti Around 20% of attacks in early 2022 were from Conti, the group behind the 2021 Irish health services attack.

Ransomware 98

Ransomware Backups Encryption Cybersecurity 98

eSecurity Planet

JUNE 1, 2021

The goal is to exploit trusted technology partners –SolarWinds, by leveraging software updates; USAID, through the email marketing service – to gain access to large numbers of victim organizations and steal data. . ” Further reading: Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs.

Phishing 67

Phishing Mobile Government Cybersecurity 67