Remove Artificial Intelligence Remove Cyber Insurance Remove Social Engineering
article thumbnail

Top 8 Cyber Insurance Companies for 2022

eSecurity Planet

That’s where cyber insurance may be able to help. For that reason, most experts now recognize that a complete cybersecurity strategy not only includes technological solutions aimed at preventing, detecting, and mitigating attacks, it should also include cyber insurance to help manage the associated financial risks.

article thumbnail

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

The Last Watchdog

Kapczynski Erin: Could you share your thoughts on the role of artificial intelligence, machine learning and the growth of IoT devices in both cyber defense and cyberattacks? Byron: Companies often underestimate threats, neglect basic cyber hygiene, and fail to educate employees on cybersecurity.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Upending expectations and challenging assumptions: BH Consulting Breakfast Insights 2025

BH Consulting

Common ways of infiltrating victim organisations include social engineering against employees and stolen credentials. Next, Dr Valerie Lyons, chief operations officer with BH Consulting, talked about the ethics mirage around artificial intelligence. Supply chain breaches are also becoming more frequent.

Scams 59
article thumbnail

5 Trends to Watch for Cybersecurity in 2023

SecureWorld News

From advancements in artificial intelligence (AI) to the continued evolution of ransomware and cyberattacks, the coming year is sure to bring significant developments in the world of cybersecurity. Artificial Intelligence will be crucial. Cyber insurance trends in 2023.

article thumbnail

Cybersecurity threats: what awaits us in 2023?

SecureList

Given the continued surge of ransomware attacks, which soared 288% in the first half of 2022 alone, the need for cyber insurance will be a bigger priority, especially in the SMB market. As such, we anticipate a booming cyber insurance industry as many organizations heed these warnings and seek to guard against ransomware attacks.

article thumbnail

Annual Reports: How They Warn of Cyber Risk

SecureWorld News

Lastly, Accenture confirms it has cyber insurance, but if it is under-insured, the business could still face significant impacts from a cyberattack and the resulting litigation: These monetary damages might not be subject to a contractual limit of liability or an exclusion of consequential or indirect damages and could be significant.

article thumbnail

34 Most Common Types of Network Security Protections

eSecurity Planet

With faster response times, a more centralized platform, and artificial intelligence-powered workflows, many companies select XDR tools to optimize or go beyond what their SIEM and UEBA tools can do. BAS works in the background of daily operations and is frequently automated with artificial intelligence and machine learning.