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Cyber Insurance Costs Soaring: Is Your Organization Covered Enough?

SecureWorld News

In this digital battlefield, cyber insurance has emerged as a crucial shield, offering financial protection against data breaches, ransomware attacks, and other cyber incidents. This rapid ascent begs the question: what's driving the price hike, and are businesses fully prepared for the escalating cost of cyber defense?

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Nine Top of Mind Issues for CISOs Going Into 2023

Cisco Security

In my role, I regularly engage with CISOs in all kinds of sectors, representatives at industry bodies, and experts at analyst houses. This gives me an invaluable macroview not only of how the last 12 months have affected organizations and what CISOs are thinking about, but also how the upcoming year is shaping up.

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Don’t Bet on Passwords: Using MFA to Make Insuring Your Security Less of a Gamble

Duo's Security Blog

A password manager can go a long way in helping to simplify that process, but multi-factor authentication (MFA) security can help even more. Our experts will discuss the risks posed by passwords, what cyber insurers require to protect organizations, and how MFA can meet both of those needs. trillion USD annually by 2025?

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How MFA and Cyber Liability Insurance Effectively Manage Risk in Higher Education

Duo's Security Blog

One area where campuses have been collaborating recently are changes around cyber liability insurance for higher education, an opportunity for campus cybersecurity teams to combine forces with their risk management team. In a recent Duo blog post, we gave an overview of cyber liability insurance.

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Local government cybersecurity: 5 best practices

Malwarebytes

Take cyber insurance , for example. Cyber insurance can prevent local governments from having to pay huge out of pocket costs in the event that they’re hit with a cyberattack. In Michigan’s Cyber Partners Program , for example, local communities receive services from a CISO-level consultant.

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Seven Massachusetts Cities Join Forces to Bolster Cybersecurity Posture

SecureWorld News

We use this type of model for our 'Whole of State' approach to security in North Dakota," says Michael Gregg, CISO for the State of North Dakota. On the plus side, they did mention multi-factor authentication and EDR. Sean Scranton is a consultant on the Cyber Risk Solutions Team at WTW and often speaks on cyber insurance issues.

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2023 Cybersecurity Predictions from Marcus Fowler, Darktrace

CyberSecurity Insiders

A look ahead to 2023 we can expect to see changes in MFA, continued Hactivism from non-state actors, CISOs lean in on more proactive security and crypto-jackers will get more savvy. 2 – Continued ‘hacktivism’ from non-state actors complicates cyber attribution and security strategies.