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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. Roadmaps to cyber resilience. Cloud-delivered modern SaaS architecture. Hundreds of built-in security and compliance policies.

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Safety first: Will insurance companies stall or accelerate cybersecurity progress?

SC Magazine

Every time a driver buckles up or an airbag is deployed we see the powerful influence of the insurance companies who insisted those measures become mandatory. Now, those insurers are poised to drive cybersecurity investment by insisting that organizations meet certain criteria to qualify for coverage. A maturing model.

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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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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.

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RSAC insights: Security platforms arise to help companies discover, assess and mitigate cyber risks

The Last Watchdog

Discovering and continuously monitoring all cyber assets enables the second essential capability: doing strategic risk assessments to gain important insight into the status of their cyber risks and security posture. It comes down to taking an informed approach to triaging cyber exposures, Smith says.

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Achieving DORA Compliance in Your Organization

Centraleyes

It applies to financial entities such as banks, insurance companies, investment firms, and crypto-asset service providers. DORA sets clear standards, norms, and guidelines to guide financial organizations in managing IT and cyber risks. These requirements are standardized across all EU member states. Who Does DORA Impact?

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