Security Affairs

APRIL 22, 2022

When security fails, cyber insurance can become crucial for ensuring continuity. Cyber has changed everything around us – even the way we tackle geopolitical crisis and conflicts. Our reliance on digital technology and the inherited risk is a key driving factor for buying cyber risk insurance.

Cyber Insurance 90

Cyber Insurance Insurance Risk Technology 90

Schneier on Security

FEBRUARY 28, 2024

One possible solution, touted by former Department of Homeland Security Secretary Michael Chertoff on a recent podcast , would be for the federal government to step in and help pay for these sorts of attacks by providing a cyber insurance backstop. But most of this language has not yet been tested by insurers trying to deny claims.

Cyber Insurance 228

Cyber Insurance Insurance Government Cyber Risk 228

SecureWorld News

JANUARY 21, 2024

Additionally, nonprofits must be aware of the risks posed by inadequate security in third-party services they use, such as fundraising platforms and email services. Financial risks and consequences Various cyberattacks on nonprofits can lead to direct financial losses through stolen funds or ransom demands.

Cybersecurity 93

Cybersecurity Backups Cyber threats Software 93

NetSpi Executives

APRIL 27, 2024

Do antivirus and endpoint detection and response (EDR) tools stop ransomware? Only about 20% of the ransomware tactics, techniques, and procedures (TTP) used by ransomware attackers are identified out-of-the-box by antivirus (AV), endpoint detection and response (EDR), and security information and event management (SIEM) tools.

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

eSecurity Planet

MARCH 17, 2023

From there, these tools send alerts to security teams if and when risks are identified. Vulnerability management is handled not only by cybersecurity and IT teams but by cross-functional teams that understand how assets are used across the organization.

Network Security 120

Network Security Penetration Testing Firewall Antivirus 120

eSecurity Planet

APRIL 6, 2023

While a typical ransomware attack just encrypts the data, exfiltration raises the risk by threatening to make sensitive data public. The developer has fewer risks, and the buyer does all of the work. There are, however, some industries at higher risk than others. Supply chain companies are primarily at risk.

Ransomware 98

Ransomware Backups Encryption Cybersecurity 98

Spinone

OCTOBER 13, 2020

Whether it is synchronized files from on-premises to cloud environments or the risk of encryption of cloud email, ransomware is a real threat to your data. In fact, one report shows that business email compromises are 23% of cyber insurance claims. How much can ransomware cost your business?

Ransomware 52

Ransomware Backups Data breaches Encryption 52