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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 is recommending to ensure the operations of Critical National Infrastructure are not affected by ransomware attacks. Governments step up to protect all businesses. Government Towards a Zero Trust Architecture dictate U.S. Cyber insurance coverage ramps up. everywhere.

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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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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? Erin: What role should governments play in combating cybercrime? Leadership should prioritize cybersecurity at all levels.

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Implementing Zero Trust: Beyond Internal Network Models

Security Boulevard

With 2024 being the year that people and organizations are realizing that they will never be able to prevent every breach, and they need to ensure the implementation and deployment of appropriate proactive cyber resiliency solutions, zero-trust is rapidly becoming more popular. It’s a recommended part of a SASE framework.

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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. He says: "I love this idea!

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The 2022 ThreatLabz State of Ransomware Report

Security Boulevard

However, government agencies have warned organizations to be prepared for more widespread attacks as the conflict persists. Use a zero trust architecture to secure internal applications, making them invisible to attackers. Implement a zero trust network access (ZTNA) architecture. Zero trust remains the best defense.