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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. In addition, the U.S.

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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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Seven Massachusetts Cities Join Forces to Bolster Cybersecurity Posture

SecureWorld News

The city has a more established IT setup, including a full-time IT director, which many of the smaller towns lack, according to this Government Technology article. Municipal governments must share data with counties, state agencies, and even some federal systems. This is a great approach. The question isn't if they'll get hit but when."

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Enhancing Security and Reducing Costs with Advanced Zero Trust Implementation

Centraleyes

With its core principle of “never trust, always verify,” Zero Trust overcomes the limitations of traditional architectures by requiring continuous verification. It’s a strategic model that incorporates Zero Trust Architecture into a system. The benefits of Zero Trust Architecture far outweigh the initial costs.

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The Surge of Double Extortion Ransomware Attacks

Pen Test

Ransomware exploded into greater prominence over the last decade with high-profile attacks on hospitals, city governments, and large corporations. Implement strong network segmentation, zero trust architecture, least privilege access controls, and VPNs to strictly limit lateral movement. Don't let patching lag. Seek adequate coverage.

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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. 5 – Recession requires CISOs to get frank with the board about proactive security.

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34 Most Common Types of Network Security Protections

eSecurity Planet

Governance, Risk, and Compliance Product Guide Top 10 GRC Tools & Software Security Information and Event Management (SIEM) Security information and event management (SIEM) technology is used to compile event data logs from a network’s various devices, applications, software, and endpoints.