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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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One Year Later: What Have We Learned Since the Colonial Pipeline Attack

Thales Cloud Protection & Licensing

Government Towards a Zero Trust Architecture dictate U.S. Cyber insurance coverage ramps up. There is also huge debate around cyber insurance and whether it is fit for purpose. However, cyber insurance can’t protect your business against the reputational and brand loss that results from a cyberattack.

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Implementing Zero Trust: Beyond Internal Network Models

Security Boulevard

However, the question that needs to be asked is – are people thinking about zero-trust broadly enough, and is your implementation really going to help move forward cyber resiliency and reduce digital risk across your organization? It’s being implemented on a national level both in the United States and Internationally.

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SHARED INTEL Q&A: My thoughts and opinions about cyber threats — as discussed with OneRep

The Last Watchdog

How can companies minimize risks? Regular training and simulations can help reduce risks associated with human errors. Regular training and simulations can help reduce risks associated with human errors. Erin: Do you think cyber insurance should play a bigger role in companies’ cybersecurity strategies?

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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.