eSecurity Planet

APRIL 22, 2022

That’s where cyber insurance may be able to help. According to the Ponemon Institute and IBM, the global average cost of a data breach is $4.24 But there’s a catch: Insurers are going to carefully assess your cybersecurity controls before writing any policy, and there are limits to coverage. million and climbing.

Cyber Insurance 117

Cyber Insurance Insurance Marketing Small Business 117

eSecurity Planet

AUGUST 9, 2022

Regulatory compliance and data privacy issues have long been an IT security nightmare. And since the EU’s General Data Protection Regulation (GDPR) took effect May 25, 2018, IT compliance issues have been at the forefront of corporate concerns. GDPR-style data privacy laws came to the U.S. Location Matters.

Data privacy 145

Data privacy Encryption Data breaches Insurance 145

SC Magazine

MAY 19, 2021

The development of cybersecurity insurance has played an important role in determining how companies prepare for and respond to ransomware attacks and the resulting fallout. .” The post How the ransomware explosion is reshaping the cyber insurance market appeared first on SC Media.

Cyber Insurance 102

Cyber Insurance Insurance Marketing Ransomware 102

Security Affairs

FEBRUARY 8, 2024

Data Breach Costs: The average global cost of a data breach in 2023 was $4.45 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.

Social Engineering 118

Social Engineering Cyber Attacks Cyber Insurance IoT 118

Centraleyes

APRIL 8, 2024

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. They use this data to steal identities and access corporate accounts. The consequences of data breaches go beyond financial impact.

Data privacy 52

Data privacy Unstructured Data Data breaches Government 52

Jane Frankland

DECEMBER 7, 2023

The proliferation of IoT devices and sensors will accelerate, allowing organisations to collect and leverage data for improved operational efficiency and real-time monitoring. Bad Bots (fake account creation, account takeovers, scraping, account management, and in-product abuse, etc.)

Cybersecurity 130

Cybersecurity Cyber threats Insurance Artificial Intelligence 130

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. And Bobritsky contends that a reliance on insurers to lead the way may actually degrade cybersecurity. “So A maturing model.

Insurance 126

Insurance Cyber Insurance Cybersecurity Government 126