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Cybersecurity Insurance is Missing the Risk

Security Boulevard

First published by HelpNetSecurity  — Matthew Rosenquist Cybersecurity insurance is a rapidly growing market, swelling from approximately $13B in 2022 to an estimated $84B in 2030 (26% CAGR), but insurers are struggling with quantifying the potential risks of offering this type of insurance.

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Cyber threat to Electric Vehicles

CyberSecurity Insiders

A recent online survey conducted for Hartford Steam Boiler Inspection and Insurance Company (HSB) suggests that over 74% of prospective owners of Electric Vehicles(EVs) are in a fear that their vehicles might fall prey to ransomware, state funded campaigns and other variants of cyber attack when connected to public charging stations.

Insiders

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Security Affairs newsletter Round 437 by Pierluigi Paganini – International edition

Security Affairs

TikTok fined €345M by Irish DPC for violating children’s privacy Iranian Peach Sandstorm group behind recent password spray attacks Dariy Pankov, the NLBrute malware author, pleads guilty Dangerous permissions detected in top Android health apps Caesars Entertainment paid a ransom to avoid stolen data leaks Free Download Manager backdoored to serve (..)

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May’s major reports highlight cybersecurity industry’s challenges and opportunities

BH Consulting

What is it about the month of May and cybersecurity? Cyber Ireland and Cyber Skills’ report promises an in-depth analysis of Ireland’s cybersecurity sector, with its opportunities and challenges. I was speaking at a conference last week and I mentioned that May 2017 was when the WannaCry ransomware emerged.

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WEF Outlines Path to Cyber Resilience for Manufacturing Sector

SecureWorld News

Titled " Building a Culture of Cyber Resilience in Manufacturing ," the report provides a comprehensive framework for instilling cybersecurity priorities and readiness across manufacturing enterprises. It advocates moving beyond traditional cybersecurity compliance checklists toward holistic resilience. trillion annually. "

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Security Roundup October 2023

BH Consulting

Curated advice, guidance, learning and trends in cybersecurity and privacy, as chosen by our consultants. Ransomware an ongoing threat to industry as crime gangs organise Malware-based cyber-attacks are the most prominent threat to industry, Europol says. Ransomware reminders were plentiful lately.

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Security Roundup July 2023

BH Consulting

Curated advice, guidance, learning and trends in cybersecurity and privacy, as chosen by our consultants. The Irish Independent reported that the Government also plans to set up a national anti-ransomware organisation. Cyber Ireland, the industry body, forecasts that cybersecurity jobs will increase to 17,000 by 2030.