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).

Cyber Insurance 94

Cyber Insurance Insurance Marketing Cyber Risk 94

SecureWorld News

JANUARY 31, 2024

Cyber risk is an existential issue for companies of all sizes and in all industries. The integration of technology and automation, and related collection, use, and sharing of information into everyday business practices presents an enormous opportunity for efficiency and precision, especially in the real estate sector.

Risk 82

Risk Cyber Insurance Insurance Data breaches 82

Security Affairs

FEBRUARY 8, 2024

26 key cyber security stats for 2024 that every user should know, from rising cyber crime rates to the impact of AI technolog y. Cyber Crime Surge: During COVID-19 , cyber crimes shot up by 600%, showing how threats adapt to global changes. Data Breach Costs: The average global cost of a data breach in 2023 was $4.45

Social Engineering 115

Social Engineering Cyber Attacks Cyber Insurance IoT 115

Jane Frankland

DECEMBER 7, 2023

These include the adoption of hyper automation and artificial intelligence (AI)-driven decision making, where organisations will increasingly use automation technologies and artificial intelligence to streamline processes and enhance efficiency. which already account for 73% of Internet traffic will surge.

Cybersecurity 130

Cybersecurity Cyber threats Insurance Artificial Intelligence 130

Security Boulevard

MAY 12, 2022

Even with the advancements in network isolation, containment, and prevention at the endpoint, hackers will still bypass predictive controls to execute malware attacks, ransomware exploits, account takeovers.etc. What Is Not Covered Under Cyber Insurance? Below is a list of adaptive controls needed for cyber insurance.

Cyber Insurance 105

Cyber Insurance Insurance Marketing Firewall 105

Centraleyes

MAY 6, 2024

Every few decades, the world experiences a technological disruption that changes our lives. Furthermore, “four areas: customer operations, marketing and sales, software engineering, and R&D” account for three-quarters of that value. AI is the latest disruptor. For the skeptics out there, let’s set the record straight.

Insurance 52

Insurance Artificial Intelligence Cyber Insurance Marketing 52

SC Magazine

FEBRUARY 8, 2021

The relationship between enterprises and insurers, like the cyber insurance market itself, is evolving. That’s quite the incentive for insurers to assert themselves in this market. Every sector has suffered breaches and no nation can claim to have been spared.”. A maturing model. billion in premium.

Insurance 126

Insurance Cyber Insurance Cybersecurity Government 126

Centraleyes

APRIL 8, 2024

High-profile data breaches have made data protection and privacy a hot subject. Hackers use more sophisticated methods to break network defenses and steal sensitive data on a large scale. Malicious actors target personal data because of its value. The consequences of data breaches go beyond financial impact.

Data privacy 52

Data privacy Unstructured Data Data breaches Government 52

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. CISA, GSA, and the National Institute of Standards and Technology (NIST) help monitor for issues in the namespace.

Government 60

Government Cybersecurity Cyber Insurance Insurance 60

Duo's Security Blog

JUNE 21, 2021

While the risk of an employee clicking on a foreign prince’s secret gold offer may be past us, modern-day technologies have evolved and expanded in today’s remote work and IoT-connected settings. With least privileged access, the user might not have had access to PII and critical data in the first place if their role didn’t need it.

Insurance 91

Insurance Cyber Insurance Data breaches Social Engineering 91

Adam Levin

MARCH 16, 2020

billion, or roughly half, of the total losses in 2019 were attributed to generic email account compromise (EAC) complaints. Taking into account unknowables, we’re talking about a ballpark cost of roughly $75,000 per BEC-related complaint. That is exponentially more expensive than other cyber events.

Scams 130

Scams Identity Theft Phishing Accountability 130

SecureWorld News

JANUARY 21, 2024

The costs of recovering from such incidents, especially for smaller organizations without cyber insurance, can be devastating. Choosing the right technology partners Selecting technology partners who understand the unique security challenges that nonprofits can face is crucial.

Cybersecurity 89

Cybersecurity Backups Cyber threats Software 89

eSecurity Planet

MARCH 17, 2023

XDR is often considered an evolution of EDR, moving beyond endpoint data analysis and threat response to look at telemetry data across clouds, applications, servers, third-party resources, and other network components. With DFS, relevant data can quickly be sorted through and brought to light for investigative purposes.

Network Security 117

Network Security Penetration Testing Firewall Antivirus 117

Security Boulevard

JANUARY 18, 2024

Often a combination of disruptive technologies, lagging risk behavior trends, shifts in threat actor capabilities or focus, greater expectations for cybersecurity, and new regulatory structures emerge to wreak havoc. Recovery from supply chain attacks will cost 3x-5x more as compared to data breaches. In 2024: 1.

Risk 115

Risk Cybersecurity CISO Technology 115

SC Magazine

JULY 2, 2021

An exterior view of the Anthem Health Insurance headquarters. About 80 million company records were accessed in one of the largest health care data breaches. Accordingly, you can expect to continue to see providers give fairly vague breach notifications.” ” A history of falling short.

Insurance 88

Insurance Cyber Insurance Data breaches Media 88

eSecurity Planet

AUGUST 9, 2022

GDPR, the EU’s flagship data privacy and “right to be forgotten” regulation, has made the stakes of a data breach higher than ever. Healthcare Data Privacy Laws. Health data and patient data in the U.S. Financial Data Protection Laws. In the U.S.,

Data privacy 145

Data privacy Encryption Data breaches Insurance 145

SC Magazine

MAY 28, 2021

No, this was not an infection of the operational technology for Colonial Pipeline… but a shutdown resulted nonetheless. Colonial Pipeline also heightened discussion about the influence of ransomware attacks on cyber insurance.

Insurance 117

Insurance Government Ransomware Risk 117

eSecurity Planet

JANUARY 11, 2022

Investors, business clients, and more continue to look for secure application access for remote workers , provide real-time visibility into cyberattacks, and protect data as it travels from the cloud to edge networks and end-users and back. Privafy aims to serve a valuable corner of the market – securing data-in-motion. SECURITI.ai.

Cybersecurity 142

Cybersecurity Threat Detection Artificial Intelligence Risk 142