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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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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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WEF Outlines Path to Cyber Resilience for Manufacturing Sector

SecureWorld News

The manufacturing sector faces an increasingly daunting cyber threat landscape that puts production operations, intellectual property, and entire supply chains at risk. Simply checking boxes is no longer sufficient to withstand escalating cyber attacks from criminals, nation-states, and insiders," the paper states.

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Security Roundup July 2023

BH Consulting

The 51-page report goes into detail on the threat landscape, risks to key sectors and supply chain risks. 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.

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Security Roundup October 2023

BH Consulting

Ransomware an ongoing threat to industry as crime gangs organise Malware-based cyber-attacks are the most prominent threat to industry, Europol says. The agency’s spotlight report examines ‘crime-as-a-service’, lifting the cover on ransomware groups’ business structures. Ransomware reminders were plentiful lately.

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What’s new in IoT in ’22?

CyberSecurity Insiders

With general crime and ransomware attacks increasing, how important do you think cybersecurity will be in the coming year? this year and up to 42% by 2030 driven by home demands and government programs. Cybersecurity and ransomware. With increased connections comes a higher risk of cyber-attacks.

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

BH Consulting

Cyber Ireland and Cyber Skills’ report promises an in-depth analysis of Ireland’s cybersecurity sector, with its opportunities and challenges. Next is Hiscox Insurance’s sixth annual Cyber Readiness Report, which catalogues common threats and risks to businesses in Ireland. The cybersecurity industry’s growth opportunity.