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Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs

eSecurity Planet

The explosion of ransomware and similar cyber incidents along with rising associated costs is convincing a growing number of insurance companies to raise the premiums on their cyber insurance policies or reduce coverage, moves that could further squeeze organizations under siege from hackers. Insurers Assessing Risks.

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One Year Later: What Have We Learned Since the Colonial Pipeline Attack

Thales Cloud Protection & Licensing

Government Towards a Zero Trust Architecture dictate U.S. Cyber insurance coverage ramps up. There is also huge debate around cyber insurance and whether it is fit for purpose. However, cyber insurance can’t protect your business against the reputational and brand loss that results from a cyberattack.

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SHARED INTEL Q&A: My thoughts and opinions about cyber threats — as discussed with OneRep

The Last Watchdog

Kapczynski Erin: Could you share your thoughts on the role of artificial intelligence, machine learning and the growth of IoT devices in both cyber defense and cyberattacks? How can companies minimize risks? Regular training and simulations can help reduce risks associated with human errors.

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Group-IB and CryptoIns introduce the world’s first insurance against cyber threats for cryptocurrency exchanges

Security Affairs

Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. Based on the risk score, CryptoIns experts have calculated insurance rates for cryptocurrency exchange users who can now insure their accounts against cyber threats.

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Ransomware Protection in 2021

eSecurity Planet

A ransomware attack is about as bad as a cyber attack can get. It can shut down your business – in the case of healthcare organizations that can be life-threatening for patients – damage your reputation with customers and employees, and invite further attacks as cybercriminals view your organization as an easy mark.

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BlastWave and Cysurance Roundtable: More Fender Benders, Fewer Totals, and a Smog Test

Security Boulevard

Click here to watch the roundtable and learn about the future of cyber insurance from leading experts. In partnership with Cysurance, BlastWave hosted a roundtable entitled “The Future of Cyber Insurance and MSP Insurability. of Morris Risk Management, John Franzino of Grid Security Inc.,

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2023 Cybersecurity Predictions from Marcus Fowler, Darktrace

CyberSecurity Insiders

Today and in the future, MFA should be viewed as one component of a wider zero trust architecture, one where behavior-based analytics are central to understanding employee behavior and authenticating the actions taken using certain credentials. 3 – Crypto-jacking neglect gets dangerous.