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. Here, cyber insurance serves as an invaluable safety net by offering essential financial coverage and support services in the event of a ransomware attack occurring.

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Cyber Insurance Insurance Ransomware Risk 113

CyberSecurity Insiders

MARCH 25, 2021

Cyber Threats have increased on enterprise networks and all thanks to the latest trend of work from home that is being practiced by most of the firms operating across the globe to prevent the spread of Corona Virus. The post Work from home increases Cyber Threats on Enterprises appeared first on Cybersecurity Insiders.

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Cyber threats Cyber Insurance Insurance Cyber Risk 128

SecureWorld News

SEPTEMBER 10, 2020

Trends of cyber insurance claims for 2020. Coalition, a cyber insurance company, recently released a report detailing the categories of cyber attacks as well as the cause behind the attacks for the first half of 2020. The number one type of cyber incident so far this year is ransomware.

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Cyber Insurance Insurance Ransomware Cyber Attacks 81

SC Magazine

MAY 24, 2021

In a report released May 20, the Government Accountability Office looked at how the private cybersecurity insurance market has developed over the past five yearsRich Baich is global chief information security officer for insurance giant AIG. Photo by Spencer Platt/Getty Images).

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Cyber Insurance Insurance Marketing Cyber Risk 94

Webroot

SEPTEMBER 24, 2024

In today’s world, both small businesses and everyday consumers face a growing number of cyber threats. OpenText’s 2024 Threat Hunter Perspective sheds light on what’s coming next and how to protect yourself. Enable two-factor authentication (MFA) : For added protection, enable two-factor authentication on your accounts.

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Cyber threats Small Business Scams Cybercrime 116

Cytelligence

OCTOBER 18, 2023

Cyber threats have become a significant concern for businesses of all sizes. The cost of cyber attacks, including financial losses, reputational damage, and legal consequences, can be staggering. To mitigate these risks, businesses often invest in cyber insurance. This is where CYPFER comes in.

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Cyber Insurance Insurance Passwords Cyber Attacks 64

Security Affairs

NOVEMBER 6, 2018

While developing the insurance program the two companies have scored more than 20 crypto exchanges and crypto wallets providers using both open-source information, available on exchanges’ websites and analytical capabilities of Group-IB’s Threat Intelligence (TI) system. The full list of platforms is available on CryptoIns website.

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Insurance Cryptocurrency Cyber threats Marketing 99

SC Magazine

APRIL 23, 2021

For example, they’re used in boardrooms as “eye candy” to portray the state of company cyber-risk, with supply chain partners to manage third-party risk and, even more frightening, by insurance companies to create risk profiles for cyber-insurance policies. Does it truly reflect the security of the company? Usually not.

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Cyber Insurance Insurance Risk Cyber Risk 61

Webroot

SEPTEMBER 27, 2024

In today’s world, both small businesses and everyday consumers face a growing number of cyber threats. OpenText’s 2024 Threat Hunter Perspective sheds light on what’s coming next and how to protect yourself. Enable two-factor authentication (MFA) : For added protection, enable two-factor authentication on your accounts.

Cyber threats 59

Cyber threats Small Business Scams Cybercrime 59

Security Affairs

FEBRUARY 8, 2024

Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 Cyber Skills Gap: By 2025, there could be 3.5 million unfilled cyber security jobs, showing a big need for skilled professionals. Market Growth: AI cyber security technology is projected to grow by 23.6%

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Social Engineering Cyber Attacks Cyber Insurance IoT 143

Security Boulevard

JULY 30, 2022

Given this fact, businesses should note the growing number of security issues and cyber threats. In that case, they may upload fake documents that tell employees to transfer money from their accounts into the criminals’ accounts or compromise their security even more. Distortion hacks are becoming more common.

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Cyber Attacks Artificial Intelligence Education Cyber Insurance 109

Security Boulevard

OCTOBER 11, 2024

Insight #1: CISOs, you need insurance coverage According to German multinational insurance company Munich Re, the global cyber insurance market is expected to rise from $14 billion to $29 billion by 2027. Insight #3: We should review security policies more often How often are you reviewing your security policies?

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CISO Insurance Cyber Insurance Cybersecurity 63

Cisco Security

JULY 11, 2022

Securing vectors threat actors have to your network has to be the goal . Small to medium size businesses, hospitals, and educational institutions internal network will rely on cyber insurance in-lieu of a fully staffed, skilled cyber-security team. Sign up for a 30 day free trial and test drive a demo account.

Ransomware 144

Ransomware Education Cyber Insurance Insurance 144

Malwarebytes

SEPTEMBER 30, 2022

Take cyber insurance , for example. Cyber insurance can prevent local governments from having to pay huge out of pocket costs in the event that they’re hit with a cyberattack. 24/7 monitoring of cyber threats. Related : Cyber threat hunting for SMBs: How MDR can help. Incident response.

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Government Cybersecurity Cyber Insurance Insurance 70

Hacker's King

OCTOBER 10, 2024

In today’s digital era, where cyber threats are constantly evolving, cybersecurity companies play a crucial role in protecting individuals, businesses, and governments from malicious attacks. With cyber threats increasing, there’s a constant demand for cutting-edge security software.

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Cybersecurity Cyber Insurance Insurance Penetration Testing 52

Malwarebytes

FEBRUARY 3, 2023

Other worries were the rise in premium prices for cyber insurance, and the security implications of the rise in flexible working. The advancing pace of technology (39 percent) also featured, as effects from the pandemic have complicated organizations’ ability to protect themselves from cyber threats.

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Scams Banking Cyber Insurance Cybercrime 96

SecureWorld News

JANUARY 21, 2024

Nonprofits often juggle tight budgets and unique operational demands, making it even more difficult to keep sensitive information safe—but here's the thing: you don't need a fortune to build a strong defense against the possible cyber threats out there.

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SecureWorld News

OCTOBER 19, 2023

All of this makes it more difficult for organizations to protect themselves from new and emerging cyber threats. Kimberly "KJ" Haywood, Principal Advisor at Nomad Cyber Concepts and Adjunct Cybersecurity Professor at Collin College, had this to say: "Inflation is hitting organizations harder than ever.

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Cybersecurity CISO Phishing Education 107

Malwarebytes

OCTOBER 19, 2022

In theory , putting those keys out of reach is easy: You just need all your users to choose strong, unique passwords for every account they use, all the time. The more administrator accounts you have, and the more frequently they are used, the easier it for criminals to hijack one. Cyber threat hunting for SMBs: How MDR can help.

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Passwords Ransomware Backups Cyber Insurance 88

SecureWorld News

AUGUST 23, 2023

This top-down approach will help entities think through roles and responsibilities, policies and processes, and oversight for identifying and managing cyber threats and mitigating and responding to incidents—all of which should be occurring throughout an entire organization, not just within the office of the CIO or CISO.

Cybersecurity 98

Cybersecurity CISO Government Risk 98

Centraleyes

JUNE 11, 2024

Emphasize defense-in-depth principles by combining traditional intrusion detection mechanisms with advanced threat detection technologies to effectively identify and mitigate sophisticated cyber threats. Prioritize using MFA for accounts with elevated privileges, remote access, and access to sensitive data or systems.

Risk 52

Risk Cyber Insurance Insurance Authentication 52

Centraleyes

DECEMBER 19, 2024

For instance: Training and Awareness: With an increased emphasis on risk assessments and incident reporting, hospitals must ensure that staff are adequately trained to identify potential cyber threats. What Are the Implications for Cyber Insurance?

Healthcare 52

Healthcare Penetration Testing Cybersecurity CISO 52

Digital Shadows

NOVEMBER 26, 2024

Key Points Phishing incidents rose during the reporting period (August 1 to October 31, 2024), accounting for 46% of all customer incidents. Cloud services alerts increased by 20% due to rising cloud account usage, while malicious file alerts in phishing attacks remain high, exploiting users’ tendencies to open files.

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Cyber Attacks Phishing Ransomware Cyber Insurance 52

Centraleyes

APRIL 9, 2024

The proactive measures enforced by these laws, including investments in robust cybersecurity, comprehensive employee training, and compliance adherence, create a formidable defense against cyber threats. The apparent post-breach costs in these countries should be viewed in the context of a broader cost-efficiency strategy.

Data breaches 52

Data breaches Cyber Insurance Insurance Ransomware 52

Security Boulevard

JANUARY 18, 2024

This demand leads to the development of cybersecurity predictions which must take into account underlying drivers of the attackers, defenders, and technology where the battles will play out. The highly controversial regulation took effect at the end of 2023 and publicly owned businesses in 2024 are now held accountable for compliance.

Risk 114

Risk Cybersecurity CISO Technology 114

Duo's Security Blog

JUNE 21, 2021

Don’t worry though, there's already an insurance policy for that. What is Cyber Liability Insurance? Cyber liability insurance, sometimes known as cyber insurance, is distinct from traditional commercial general liability and property insurance policies.

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Insurance Cyber Insurance Data breaches Social Engineering 105

SecureWorld News

JULY 29, 2021

A reminder would be sent out after four weeks, a warning after five weeks, and a suspension of all email accounts after eight weeks. From his point of view, taking the training is about two things: the city's insurance policy and the city's constituents. All other council members completed the requirement. Mobile CTO responds.

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Security Awareness Mobile Insurance Cyber Insurance 98

Jane Frankland

DECEMBER 7, 2023

Cybersecurity can often feel like a game of cat and mouse where cyber attackers and defenders engage in a chase, with one party trying to outsmart the other. Just like in previous years, 2024 is set to test practitioners’ skills as the frequency of cyber threats continues to surge leaving no room for complacency.

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Cybersecurity Cyber threats Insurance IoT 130

eSecurity Planet

JUNE 1, 2021

Cybersecurity experts at both Microsoft and SecureWorks said that the hacker group – called Nobelium by Microsoft but which also is known as APT29 – accessed the Constant Contact email marketing account used by the U.S. Microsoft officials said the attack targeted 3,000 email accounts at 150 organizations.

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Phishing Mobile Government Software 70

Krebs on Security

MARCH 2, 2023

military in disrupting cybercriminal infrastructure, and it names China as the single biggest cyber threat to U.S. “Regulations for other industries went through a similar transformation, and we saw a positive result — there’s now an expectation of appropriate due care, and accountability for those who fail to comply.

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