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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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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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34 Most Common Types of Network Security Protections

eSecurity Planet

From there, these tools send alerts to security teams if and when risks are identified. These platforms make it possible for security teams to analyze consolidated threat feeds from various external alerts and log events.

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What is Cyber Liability Insurance?

Duo's Security Blog

While the risk of an employee clicking on a foreign prince’s secret gold offer may be past us, modern-day technologies have evolved and expanded in today’s remote work and IoT-connected settings. Don’t worry though, there's already an insurance policy for that. What is Cyber Liability Insurance?

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Securing Government Agencies: Essential Eight and Other Efforts

Duo's Security Blog

As such, they’re implementing requirements for their own agencies to be more secure, while also addressing supply chain cybersecurity risk. Cyber Insurers, regulators and customers will expect these controls to be present, regardless of public or private status. and expected controls for those environments will follow.

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The Ongoing Cyber Threat to Critical Infrastructure

Thales Cloud Protection & Licensing

Reducing the risk of attacks such as ransomware and malware on CNI will be of paramount importance to the stability of nation states for years to come. For many organizations, paying the ransom can be less damaging than risking any additional impacts. The Threat of Ransomware.

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New Warning from the White House Calls for Urgent Action

Cisco Security

Left of Boom refers to actions you can take to protect your organization before a cyber incident. It includes the following advice: Have visibility and control of all assets and actionable metrics to measure cyber risk. Build out a Zero Trust Architecture (ZTA), and adopt a “Zero Trust or Bust”. Move to the cloud.