SecureWorld News

JANUARY 31, 2024

Cyber risk is an existential issue for companies of all sizes and in all industries. However, it also exposes companies to additional layers of risk. Frequently, the liability associated with slip-and-falls is pushed up to the owner—and within that same upstream push, so goes privacy and data breach liability.

Risk 85

Risk Cyber Insurance Insurance Data breaches 85

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

SC Magazine

FEBRUARY 8, 2021

Every time a driver buckles up or an airbag is deployed we see the powerful influence of the insurance companies who insisted those measures become mandatory. Now, those insurers are poised to drive cybersecurity investment by insisting that organizations meet certain criteria to qualify for coverage. A maturing model.

Insurance 126

Insurance Cyber Insurance Cybersecurity Government 126

The Last Watchdog

DECEMBER 5, 2018

The compromised databases included names, addresses, dates of birth, insurance policy details, medical record numbers, account balances and dates of service — of both guarantors and patients. The fact that this incident is being labeled “the Atrium breach” in the media also shows where the reputational risk lies.

Data breaches 153

Data breaches Healthcare Insurance Risk 153

The Last Watchdog

JANUARY 30, 2019

Late last year, Atrium Health disclosed it lost sensitive data for some 2.65 Third-party cyber risks are likely to persist at the current scale for a while longer. There is impetus for change – beyond the fear of sustaining a major data breach.

Cyber Risk 147

Cyber Risk Risk Financial Services Banking 147

NetSpi Executives

OCTOBER 17, 2023

This includes the provision of post-market updates and patches, addressing known unacceptable vulnerabilities on a reasonable schedule and addressing critical vulnerabilities that could pose uncontrolled risks as soon as they are discovered. They task the Government Accountability Office (GAO) with preparing reports and conducting reviews.

Healthcare 94

Healthcare Manufacturing Cyber Risk Cybersecurity 94

BH Consulting

JANUARY 11, 2022

We begin with a look at a contentious topic: cyber risk insurance. The blog was inspired by the growing number of organisations coming under pressure to take out insurance cover. Risk vs reward. There is an argument that cybersecurity insurance is useful because it makes people think of business risk, not just IT.

Cybersecurity 59

Cybersecurity Insurance Scams Cyber Risk 59

SC Magazine

MAY 28, 2021

Colonial Pipeline also heightened discussion about the influence of ransomware attacks on cyber insurance. Even before the incident, some insurers dropped coverage for ransomware payments, while others began to ratchet up cybersecurity standards for coverage in an effort to prevent an attack.

Insurance 117

Insurance Government Ransomware Risk 117

Thales Cloud Protection & Licensing

JUNE 15, 2023

Improved key management practices: With KMaaS, organizations can ensure that their keys are managed according to industry best practices, which helps minimize the risk of data breaches. Managing the encryption keys securely, KMaaS can help protect encryption and prevent unauthorized access to sensitive data.

Encryption 134

Encryption Data breaches Authentication Risk 134

Security Affairs

NOVEMBER 14, 2022

The size of the cyber risk to companies cannot be underestimated. To indicate the size of the cyber risk to companies, there is, on average, a cyber-attack every 39 seconds, which does not mean that every attack is successful, but that there is an attempt to access companies’ computer systems with that frequency.

Cyber Risk 118

Cyber Risk Insurance Cyber Attacks Risk 118

SC Magazine

JULY 1, 2021

In health care, ransomware and data breaches frequently receive the most media attention. The way health systems are structured, with many providers insuring their organization, it proves challenging to change behaviors,” he continued. “If Combatting health care’s greatest threats.

Security Awareness 68

Security Awareness IoT Risk Healthcare 68

SecureWorld News

OCTOBER 11, 2023

Before that, I worked as a full-time CISO for an insurance company for seven years. Most people just sign the data security addendum with only a casual glance and then hope for the best. I've redacted the sources, but our customers are offering SaaS and selling to large insurance companies. Here's the first example.

Insurance 92

Insurance Passwords CISO Cybersecurity 92

eSecurity Planet

MARCH 17, 2023

It also helps organizations to organize and assess data for vulnerabilities and determine an appropriate response plan in the case of a data breach. In worst-case scenarios, these firms should cover your business if you’re impacted by a data breach that leaks sensitive information and leads to fines and legal fees.

Network Security 115

Network Security Penetration Testing Firewall Antivirus 115

The Last Watchdog

FEBRUARY 25, 2019

A separate set of startups soon cropped up specifically to handle the provisioning of log on accounts that gave access to multiple systems, and also the de-provisioning of those accounts when a user left the company. And the massive data breaches just keep on coming. Office of Personnel Management, just to name a few.

Government 169

Government Authentication Technology Data breaches 169

Centraleyes

JANUARY 14, 2024

However, every partnership you make introduces a degree of risk that must be accounted for. Examples include: Privacy concerns Digital security Business continuity Regulatory compliance Physical security Risk is a hot topic in the business sector. Centraleyes’s risk management platform revolutionizes Vendor Risk Management.

Risk 52

Risk Cybersecurity Government Insurance 52

Jane Frankland

DECEMBER 7, 2023

It’s likely we’ll continue to witness a significant shift in the motivation behind prominent cyberattacks, as data sources indicate a resurgence in activities such as information theft, covert communication monitoring, and content manipulation from state sponsored attackers and cybercriminals. The first is by rule making.

Cybersecurity 130

Cybersecurity Cyber threats Insurance Artificial Intelligence 130

Adam Levin

MARCH 26, 2020

Cyber insurance is still evolving, and as such you can still get good deals even if your cybersecurity is not completely up to snuff. Who is accountable? At some point that will be a question that cyber insurers will think about 24/7, solutions evolving alongside challenges and underwriting calculations following close behind.

Cyber Insurance 211

Cyber Insurance Insurance Hacking Passwords 211

eSecurity Planet

JANUARY 11, 2022

Deduce is an identity-focused cybersecurity startup with two core solutions: Customer Alerts for protecting users and their data from account takeover and compromise, and Identity Insights for validating legitimate users and stopping fraud. Privafy aims to serve a valuable corner of the market – securing data-in-motion.

Cybersecurity 142

Cybersecurity Threat Detection Artificial Intelligence Risk 142