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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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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. Comprehensive views of low, medium and high risk MyCyberScores. Streamlined workflows and robust analytics.

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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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NEW TECH: Brinqa takes a ‘graph database’ approach to vulnerability management, app security

The Last Watchdog

Imposing just the right touch of policies and procedures towards mitigating cyber risks is a core challenge facing any company caught up in digital transformation. Related: Data breaches fuel fledgling cyber insurance market. Enterprises, especially, tend to be methodical and plodding. Vulnerability management.

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Seven Massachusetts Cities Join Forces to Bolster Cybersecurity Posture

SecureWorld News

Botts has a different, and cautious, view on the North Shore IT Collaborative, saying: " I hate to throw cold water, but unless these towns build in a security architecture to go with the connectivity, all they will do is give a potential attacker access to more attack surfaces and an ability to propagate malware through a larger network.

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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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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.,