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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. AI, told eSecurity Planet.

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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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Safety first: Will insurance companies stall or accelerate cybersecurity progress?

SC Magazine

He referenced an insurer’s role in designing pressure relief valves for the steam engines powering Philadelphia in the 1800s: “They said if you wanted to have insurance, you have to have this piece of architecture on your system.” In so doing, “they drove security or solutions to avoid large insurance claims.”.

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Implementing Zero Trust: Beyond Internal Network Models

Security Boulevard

Even cyber insurance carriers are starting to ask if the organization employs Protective DNS in their questionnaires and required attestations. It’s being implemented on a national level both in the United States and Internationally. It’s a recommended part of a SASE framework. It’s becoming part of standards like CMMC.

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

The Last Watchdog

Erin: Do you think cyber insurance should play a bigger role in companies’ cybersecurity strategies? What factors should organizations consider when selecting a cyber insurance policy? Leadership should prioritize cybersecurity at all levels. Regular awareness training for employees is indispensable.

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The 2022 ThreatLabz State of Ransomware Report

Security Boulevard

Use a zero trust architecture to secure internal applications, making them invisible to attackers. With a distributed workforce, it is important to implement a security services edge (SSE) architecture that can enforce consistent security policy no matter where your users are working (in office or remotely). Have a response plan.

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Pondurance Launches Cyber Risk Assessments Powered by MyCyberScorecard

CyberSecurity Insiders

As a result, organizations can make more informed decisions to incorporate security best practices, track compliance to minimize risk of regulatory penalties and build trust among investors and cyber insurance underwriters. Roadmaps to cyber resilience. Cloud-delivered modern SaaS architecture. About Pondurance.