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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 cyberinsurance policies or reduce coverage, moves that could further squeeze organizations under siege from hackers. AI, told eSecurity Planet.
As we approach 2025, the cybersecurity landscape is evolving rapidly, shaped by technological advancements, regulatory shifts, and emerging threats. By 2027, 75% of employees are expected to acquire or modify technology outside of ITs control, up from 41% in 2022. To keep up, organizations must stay ahead of these developments.
This reality is driving demand for IoT security solutions, cloud security posture management, and zero-trust network architectures to secure an ever-widening perimeter. Regulatory and compliance pressures: Regulators have taken note of healthcare's cyber risks, and new rules are forcing the issue. Large health systems in the U.S.
The State of Cybersecurity in Canada 2025 report, published by the Canadian Cybersecurity Network (CCN) and the Security Architecture Podcast , delivers an in-depth analysis of the evolving threat landscape, emerging risks, and strategic recommendations for Canadian organizations. Key findings: the cyber threat landscape in 2025 1.
Byron: I was initially drawn to cybersecurity as a USA TODAY technology reporter assigned to cover Microsoft. Erin: What cybersecurity technologies are you most excited about right now? How can individuals and organizations detect and protect themselves against the misuse of deep fake technology? Erin: So, let’s get started.
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.”.
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 cyberinsurance market. Enterprises, especially, tend to be methodical and plodding. So what is Brinqa bringing to the table?
Single sign-on (SSO) and multi-factor authentication (MFA) are now required for most compliance programs and cyberinsurance policies, and the Cisco Duo secure access solution is a go-to for adding these critical security capabilities to modern SaaS applications that natively support SSO protocols (e.g., SAML , OIDC ).
Click here to watch the roundtable and learn about the future of cyberinsurance from leading experts. In partnership with Cysurance, BlastWave hosted a roundtable entitled “The Future of CyberInsurance and MSP Insurability. The expert panelists held an honest discussion about insurability difficulties for MSPs.
Intrusion Detection and Prevention Product Guide 13 Best Intrusion Detection and Prevention Systems (IDPS) Digital Forensics Digital forensics software (DFS) is a type of security software that is used to compile evidence of cyber crimes in the case of a security incident investigation.
Ransomware has now emerged as one of the key reasons to have a DR plan and DR technology in place. But it also requires software to orchestrate data movement, backup and restore technology to ensure a current copy of data is available, and the ability to recover systems and data rapidly. Key Differentiators.
Powered by WormGPT and FraudGPT, hackers and scammers will continue to drive the cost of business higher as organizations pay more for cyberinsurance. Organizations recognizing the constantly growing threat of adversarial AI update their cybersecurity protection architectures with AI and ML defensive capabilities.
Group-IB also evaluates exchanges’ infrastructure and architecture in order to understand ways to counter potential threats. The challenge for insurers is how to cover emerging risks for customers in a young industry formed by completely new technologies and relationships between market participants. Pierluigi Paganini.
It’s about laying down a blueprint that can adapt and morph in real-time Integrate Technology into Risk Management Processes Integrating cutting-edge technological tools into risk management introduces new levels of efficiency and insight for security teams. Time is of the essence when it comes to patch management.
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. Sean Scranton is a consultant on the Cyber Risk Solutions Team at WTW and often speaks on cyberinsurance issues. This is a great approach.
Over the past decade, once siloed, Operational Technology (OT) systems have become increasingly connected to the internet, as water and energy systems become powered by intelligent IoT sensors and government operations are deep-rooted in data. The Threat of Ransomware.
And I do need to give a special shout-out to World Wide Technology who does have people openly talking about this topic. That’s just one of the reasons it’s recommended by CISA and the NSA , it’s a recommended part of a SASE architecture, and is being asked about in cyberinsurance attestation questionnaires.
The all-in-one solution combines skilled cyber experts, risk assessment processes and an innovative technology platform, enabling organizations to build strong, risk-based cybersecurity programs quickly and effectively. Roadmaps to cyber resilience. Cloud-delivered modern SaaS architecture. About Pondurance.
On Wednesday – just Wednesday – news stories emerged about an airplane maker, information technology giant and computer game company all having operations disrupted by ransomware. And allies often want to help – an important factor given the global architecture of many ransomware campaigns. Ransomware is a global problem.
As we approach 2025, the cybersecurity landscape is evolving rapidly, shaped by technological advancements, regulatory shifts, and emerging threats. By 2027, 75% of employees are expected to acquire or modify technology outside of ITs control, up from 41% in 2022. To keep up, organizations must stay ahead of these developments.
Too many folks focus on the technology as opposed to the people or process. As cyber threats surge, the expenses associated with cyberinsurance rise, adding to the financial strain. Does this tool integrate with our existing architecture (e.g., Can our current security tools address this issue, and if not, why?
With the “assume breach” idea firmly nested, every interaction between people, processes, data, and technology is inspected because… you just never know. With its core principle of “never trust, always verify,” Zero Trust overcomes the limitations of traditional architectures by requiring continuous verification.
The next three actions: prioritize assets and evaluate traffic, microsegmentation, and adaptive monitoring are central steps of the zero trust architecture and greatly reduce your risks of an attack. Once your micro-perimeters surround your most sensitive segments, there’s a need for ongoing monitoring and adaptive technology.
Implement strong network segmentation, zero trust architecture, least privilege access controls, and VPNs to strictly limit lateral movement. Identify cyberinsurance policies and ensure they align to business needs regarding ransomware attacks and data leaks. Don't let patching lag. Seek adequate coverage.
Cybersecurity best practices can also stop and prevent ransomware attacks: Endpoint security: Antivirus and EDR tools offer good protection against malware in general and are a cornerstone cybersecurity technology. If you have a cyberinsurer , they will have their own processes for responding to any cyber attack.
While implementation of security technologies such as multi-factor authentication and encryption have slightly increased, we have not yet reached the level where the majority of applications, data and operational technology are fully protected. Government Towards a Zero Trust Architecture dictate U.S.
A zero-trust architecture with continuous authorization might be the preferred option for some, but a traditional security framework can provide adequate security for many. Is the attack small enough that we do not need to file a cyberinsurance claim? Ransomware Security. We must cover the basics.
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?
It’s easy to get jaded or to let down our guard because we have not seen the cyber meltdown that was predicted to coincide with the onset of a kinetic conflict involving top-tier military powers. Build out a Zero Trust Architecture (ZTA), and adopt a “Zero Trust or Bust”. Cyberinsurance is not the answer!
Governments are recognizing that their technology footprint extends beyond their network edge, and that their ability to function depends on their third (and fourth and fifth) party ecosystem. CyberInsurers, regulators and customers will expect these controls to be present, regardless of public or private status.
These include the adoption of hyper automation and artificial intelligence (AI)-driven decision making, where organisations will increasingly use automation technologies and artificial intelligence to streamline processes and enhance efficiency. CyberInsurance In 2024, the cyberinsurance landscape is expected to undergo significant changes.
In a survey of more than 2,400 security technology decision-makers conducted by Forrester in 2020, improving application security capabilities and services was listed as the top tactical IT security priority over the next 12 months, a sign that businesses are starting to confront the growing threat head on. “One
agricultural exports and expanded its export restrictions on critical technology components and cybersecurity-related industries. Any export controls from China could severely impact the availability of next-gen cybersecurity technology in the U.S. alcohol and other products off their shelves and canceling orders.
Cybersecurity is on the brink of significant transformation as we approach 2025, grappling with escalating complexities driven by advancements in technology, increasing geopolitical tensions, and the rapid adoption of AI and IoT. Ethics The ethical challenges posed by advancing AI technologies will demand urgent attention in 2025.
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