The Last Watchdog

JULY 13, 2023

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. trillion by 2025, a 300% increase since 2015 1. Yet, boardroom focus on cyber risk appears to be diminishing.

Cyber Risk 189

Cyber Risk Risk Insurance Energy and Utilities 189

SecureWorld News

MARCH 20, 2024

In this regard, many have touted cyber insurance as the knight in shining armor, the end all-be all in terms of mitigating criminals' assaults on your network. For example, the healthcare sector, a prime target for these types of attacks , planned to spend $125 billion to defend against breaches from 2020 to 2025.

Cyber Insurance 100

Cyber Insurance Insurance Ransomware Risk 100

Duo's Security Blog

DECEMBER 7, 2022

Much has been published about how the demand — and subsequent cost — for cyber liability insurance has skyrocketed in line with increasing incidents of cyberattacks. But what are the risks with this approach? Tech Wire Asia cites that premiums could be expected to reach anywhere between US$500 million and US$1 billion by 2025.

Insurance 86

Insurance Cyber Insurance Ransomware Risk 86

SecureWorld News

MARCH 28, 2024

The Cyber Incident Reporting for Critical Infrastructure Act (CIRCIA) , signed into law in March 2022, directs the Cybersecurity and Infrastructure Security Agency (CISA) to develop regulations for covered entities to report cyber incidents and ransom payments.

Cyber Insurance 98

Cyber Insurance Government Insurance Cyber Risk 98

Webroot

JULY 25, 2022

Cyber insurance becomes mainstream discussion. As cyberattacks have become more costly and more challenging to track, cyber insurance has gained prominence across the industry. The cyber insurance market is expected to reach around $20B by 2025.

Cyber Insurance 124

Cyber Insurance Insurance Marketing Phishing 124

SC Magazine

JULY 13, 2021

trillion, by 2025, a 75% increase. Lastly, the report warns entities not to rely on cyber insurance as the rates have skyrocketed in response to the rise in ransomware attacks. Some insurers are also jacking up the cost of deductibles and limiting the types of entities they’re willing to insure.

Data breaches 113

Data breaches Insurance Healthcare Education 113

NetSpi Executives

OCTOBER 17, 2023

Breach Notification Guidelines and Incident Reporting Should a data breach occur, the Cyber Incident Reporting for Critical Infrastructure Act (CIRCIA) details information required for reporting.

Healthcare 94

Healthcare Manufacturing Cyber Risk Cybersecurity 94