Joseph Steinberg

JULY 8, 2021

Ironically, while many larger enterprises purchase insurance to protect themselves against catastrophic levels of hacker-inflicted damages, smaller businesses – whose cyber-risks are far greater than those of their larger counterparts – rarely have adequate (or even any) coverage.

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CyberSecurity Insiders

FEBRUARY 3, 2023

The company is, however, not interested in bowing down to the demands of hackers and is interested in recovering their data from backups, as they already have a proactive data continuity plan in place. NOTE 1- The Guardian’s UK branch was the first to get targeted in the attack on December 20th,2022 and it was of ransomware variant.

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Security Affairs

NOVEMBER 14, 2022

As the risk of a cyberattack grows, it is pivotal to consider whether the directors of a company hit by a ransomware attack, for example, can bear any liability for negligence in failing to take steps to limit the risk. The size of the cyber risk to companies cannot be underestimated.

Cyber Risk 115

Cyber Risk Insurance Cyber Attacks Risk 115

Joseph Steinberg

AUGUST 5, 2021

While leveraging cyber-liability insurance has become an essential component of cyber-risk mitigation strategy, cyber-liability offerings are still relatively new, and, as a result, many parties seeking to obtain coverage are still unaware of many important factors requiring consideration when selecting a policy. .

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Insurance Cyber Insurance Artificial Intelligence Cybersecurity 258

Jane Frankland

DECEMBER 7, 2023

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. Data poisoning will gain popularity in 2024.

Cybersecurity 130

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CyberSecurity Insiders

DECEMBER 7, 2021

In fact, “the number of publicly reported data compromises in the U.S. ” Data Breaches Are on Pace to Break a New Record High in 2021 | Money Please see my article in FORBES for more of 2021’s alarming cybersecurity statistics. Ransomware. Ransomware is not new, and it has been around for decades.A

Cybersecurity 78

Cybersecurity IoT Artificial Intelligence Cyber threats 78

eSecurity Planet

APRIL 22, 2022

That’s where cyber insurance may be able to help. According to the Ponemon Institute and IBM, the global average cost of a data breach is $4.24 As the number and severity of data breaches continues to rise, organizations are recognizing that those costs are not theoretical. million and climbing.

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