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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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Pondurance Launches Cyber Risk Assessments Powered by MyCyberScorecard

CyberSecurity Insiders

INDIANAPOLIS–( BUSINESS WIRE )– Pondurance , a leader in Managed Detection and Response (MDR) services, today launched Cyber Risk Assessments powered by MyCyberScorecard. Roadmaps to cyber resilience. Cloud-delivered modern SaaS architecture. Hundreds of built-in security and compliance policies.

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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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The Surge of Double Extortion Ransomware Attacks

Pen Test

The Surge of Double Extortion Ransomware Attack s Ransomware attacks have become an increasingly severe threat to organizations around the world. The Evolution of Ransomware into Double Extortion Tactics The Basics of Ransomware Ransomware itself has been around for years.

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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. 4 – Ransomware rushes to the cloud.

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34 Most Common Types of Network Security Protections

eSecurity Planet

Password Management Product Guide 8 Best Password Management Software & Tools Cyber Insurance Cyber insurance is a fast-growing type of liability insurance, most often purchased by organizations that need to protect highly sensitive customer data.