CSO Magazine

MAY 11, 2022

It’s that time that I fill out the annual cyber insurance policy application. Each year it gives me an insight into what insurance vendors are using to rate the risks and threats to our business and what they are stressing I should have as best practices. Is two-factor authentication in place?

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Cyber Insurance Insurance Ransomware Authentication 98

Security Boulevard

SEPTEMBER 1, 2022

Last year, HYPR reported that many cyber insurers now require organizations to adopt multi-factor authentication. The growing demand for cyber liability insurance, the increasing number of claims and a spike in claim severity have prompted underwriters to scrutinize an organization’s security controls more closely.

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Cyber Insurance Insurance Authentication Risk 52

Duo's Security Blog

OCTOBER 7, 2022

In this blog, we explain why it makes sense for these firms to work with managed service providers (MSPs) to help bolster their security posture and increase their chances of getting cyber liability insurance cover as insurers continue to raise the bar. Small business cyber insurance: Is it really needed?

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Small Business Cyber Insurance Insurance Cyber Risk 75

SecureWorld News

SEPTEMBER 10, 2020

Trends of cyber insurance claims for 2020. Coalition, a cyber insurance company, recently released a report detailing the categories of cyber attacks as well as the cause behind the attacks for the first half of 2020. 4 key takeaways from cyber insurance industry report. Cyber insurance works.

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Cyber Insurance Insurance Ransomware Cyber Attacks 55

Security Boulevard

AUGUST 20, 2021

Cyber insurance is driving a long overdue improvement in user access security. Multi-factor authentication (MFA) is fast becoming a requirement for all privilege and non-privilege accounts, whether users are working on the internal network or remotely. It seems insurers … Continued.

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Insurance Cyber Insurance Authentication Network Security 116

IT Security Guru

DECEMBER 5, 2022

Everyone in the cyber insurance industry or trying to get cyber insurance today knows that using multifactor authentication (MFA) is an absolute make-or-break requirement for getting a cyber insurance policy; or if you can get a policy without MFA, you will pay a hefty increased premium for the same amount of coverage.

Insurance 110

Insurance Cyber Insurance Phishing Social Engineering 110

Security Boulevard

MAY 11, 2022

Buying a cyber risk insurance program can help outsource residual risk, and deploying multi-factor authentication is […]… Read More. The post Multi-Factor Authentication: A Key to Cyber Risk Insurance Coverage appeared first on The State of Security. However, cybersecurity is not bullet-proof.

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Cyber Risk Insurance Authentication Risk 52

Duo's Security Blog

OCTOBER 18, 2022

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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Insurance Passwords Cyber Insurance Authentication 57

CSO Magazine

JANUARY 13, 2023

The Royal ransomware group is believed to be actively exploiting a critical security flaw affecting Citrix systems, according to the cyber research team at cyber insurance provider At-Bay. To read this article in full, please click here

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Cyber Insurance Ransomware Insurance Authentication 129

Duo's Security Blog

DECEMBER 7, 2022

Much has been published about how the demand — and subsequent cost — for cyber liability insurance has skyrocketed in line with increasing incidents of cyberattacks. The state of cyber liability insurance The topic of cyber liability insurance is full of datapoints, statistics and graphs all showing upward trajectories.

Insurance 79

Insurance Cyber Insurance Ransomware Risk 79

Duo's Security Blog

JUNE 21, 2021

Don’t worry though, there's already an insurance policy for that. What is Cyber Liability Insurance? Cyber liability insurance, sometimes known as cyber insurance, is distinct from traditional commercial general liability and property insurance policies.

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Insurance Cyber Insurance Data breaches Social Engineering 91

Duo's Security Blog

OCTOBER 18, 2021

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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Insurance Education Risk Cyber Insurance 69

SC Magazine

MARCH 2, 2021

Google Cloud, Munich Re and Allianz are working together to turn risk data into better insurance policies. Customers on Google Cloud are now able to use a diagnostic tool called “Risk Manager” to evaluate cyber hygiene. Parisi said it would also allow insurers to be more transparent with clients about their calculations.

Insurance 75

Insurance Cyber Insurance Risk Media 75

Security Boulevard

FEBRUARY 8, 2023

Click here to watch the roundtable and learn about the future of cyber insurance from leading experts. In partnership with Cysurance, BlastWave hosted a roundtable entitled “The Future of Cyber Insurance and MSP Insurability. The expert panelists held an honest discussion about insurability difficulties for MSPs.

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Cyber Insurance Insurance Marketing Risk 52

Malwarebytes

FEBRUARY 26, 2023

Last week on Malwarebytes Labs: GoAnywhere zero-day opened door to Clop ransomware Chip company loses $250m after ransomware hits supply chain GoDaddy says it's a victim of multi-year cyberattack campaign Twitter and two-factor authentication: What's changing?

Cyber Insurance 81

Cyber Insurance Insurance Authentication Healthcare 81

Thales Cloud Protection & Licensing

MAY 9, 2022

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. Cyber insurance coverage ramps up. Governments step up to protect all businesses.

Cyber Insurance 71

Cyber Insurance Insurance Backups Ransomware 71

Duo's Security Blog

NOVEMBER 3, 2023

Single sign-on (SSO) and multi-factor authentication (MFA) are now required for most compliance programs and cyber insurance 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 ).

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Cyber Insurance Insurance Authentication Architecture 67

Cisco Security

JANUARY 10, 2023

As a result of this, next year we could see CISOs tightening up the disclosure decision making process, focusing on quicker and greater clarity on breach impact, and even looking to include personal liability cover in cyber insurance contracts. Increasing demands from insurers. Getting the basics right. Third party dependency.

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Security Boulevard

MAY 12, 2022

The Role Of Cybersecurity Insurance In A Predictive Security. Cybersecurity insurance in recent years has become a modern day stopgap for corporations looking to offset their losses for attacks. What Is Not Covered Under Cyber Insurance? Below is a list of adaptive controls needed for cyber insurance.

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Cyber Insurance Insurance Marketing Firewall 105

Malwarebytes

FEBRUARY 3, 2023

Keeping the enemy at the gate The video finishes with a run through some of the ways organisations can avoid the perils of ransomware, and the realisation that cyber insurance may not solve every problem.

Ransomware 90

Ransomware Cyber Insurance Insurance Encryption 90

CyberSecurity Insiders

JUNE 22, 2023

Instead, the ransom pay can be covered from a cyber insurance policy, provided it is taken prior to the launch of the attack and covers the costs associated with the malware attack. Nope, says a renowned international bank from UK. Enhance security measures: Strengthen your security measures to prevent future attacks.

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Ransomware Banking Cyber Insurance Insurance 96

SecureWorld News

AUGUST 21, 2020

The end result was hefty payment: "After careful consideration, the university decided to work with its cyber insurance provider to pay a fee to the ransomware attacker. It had cyber insurance: "The university’s cyber insurance policy paid part of the ransom, and the university covered the remainder.

Ransomware 78

Ransomware Cyber Insurance Insurance Backups 78

Malwarebytes

SEPTEMBER 14, 2022

Two-factor authentication (2FA) is a cost-effective option for SMBs. ” Read more: Understanding the basics of two-factor authentication. Bonus: Cyber insurance. Without cyber insurance, you can expect to pay a dizzying amount of cash. Read more: 4 ways businesses can save money on cyber insurance.

Technology 67

Technology DNS Cyber Insurance Insurance 67

Duo's Security Blog

SEPTEMBER 1, 2023

Remote Users The web authentication process begins when the remote user wants to connect to an application. Users need to be trained since they’re a new way of authentication, but typically users can enroll or manage them through a UI-driven workflow by themselves. It’s also a requirement to get cyber insurance.

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Passwords Authentication Insurance Cyber Insurance 102

NetSpi Executives

APRIL 27, 2024

Logins without multi-factor authentication. Some can’t afford not to pay, and some are covered by cyber insurance. Enable multi-factor authentication. Should I get a ransomware cyber insurance policy? Many organizations have used cyber insurance to recover from ransomware attacks.

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

Security Affairs

FEBRUARY 25, 2024

Disrupt LockBit Ransomware Variant Reward Offers for Information on LockBit Leaders and Designating Affiliates Darknet Drug Dealers Arrested After Packages of Meth-Laced Adderall Repeatedly Returned to Sender LockBit ransomware gang has over $110 million in unspent bitcoin Malware Anatsa Trojan Returns: Targeting Europe and Expanding Its Reach Migo (..)

Spyware 93

Spyware Cyber Insurance Hacking Advertising 93

Jane Frankland

DECEMBER 7, 2023

To counter advancing cyber threats, organisations will implement more sophisticated security measures like multi-factor authentication, micro-segmentation, and continuous monitoring. Balancing security and user experience, innovations in IAM solutions will provide seamless and frictionless authentication experiences.

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Cybersecurity Cyber threats Insurance Artificial Intelligence 130

eSecurity Planet

MAY 11, 2023

I am very surprised that the cyber insurance industry has not required zero trust architecture already, but perhaps the $1.4 All resource authentication and authorization are dynamic and strictly enforced before access is allowed. Networks need to be segmented and authenticated. No asset is inherently trusted.

Insurance 107

Insurance Cyber Insurance Architecture Authentication 107

CyberSecurity Insiders

DECEMBER 18, 2022

It wasn’t just the recent Uber attack in which the victim’s Multi-Factor Authentication (MFA) was compromised; at the core of the vast majority of cyber incidents is the theft and abuse of legitimate credentials. 2 – Continued ‘hacktivism’ from non-state actors complicates cyber attribution and security strategies.

Cybersecurity 125

Cybersecurity CISO Insurance Ransomware 125

Hacker Combat

JULY 31, 2020

Carry Cyber Insurance. This makes carrying a cyber insurance policy with a reputable carrier a good idea. In addition to providing vital financial assistance in the wake of a data breach, cyber insurers scrutinize your security arrangements before agreeing to issue a policy.

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Cybersecurity Cyber Insurance Insurance Data breaches 53

eSecurity Planet

OCTOBER 5, 2021

We should use multi-factor authentication. Paying for internal assessments and penetration tests by a third party can provide fresh thinking and a level of assurance for stakeholders such as customers, the board of directors, and the insurance company that wrote our cyber insurance policy. We should encrypt data at rest.

Ransomware 130

Ransomware Backups Insurance Cyber Insurance 130

Malwarebytes

SEPTEMBER 30, 2022

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. Baltimore learned this the hard way. (An

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Government Cybersecurity Cyber Insurance Insurance 60

Malwarebytes

JULY 5, 2021

Other cybersecurity news.

Cyber Insurance 99

Cyber Insurance Social Engineering Scams Insurance 99

Thales Cloud Protection & Licensing

NOVEMBER 15, 2023

For example, implementing multifactor authentication (MFA) through mobile authenticator apps is impossible in airport areas where smartphones are prohibited. Enforce, sustain, and prove compliance with increasing regulatory and cyber insurance requirements.

Cybersecurity 87

Cybersecurity Authentication Digital transformation Cyber Insurance 87

SecureWorld News

MAY 16, 2023

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. He will join a panel at SecureWorld Dallas on October 26 on the topic, "Cover Your Cyber Assets."

Cybersecurity 78

Cybersecurity Insurance Cyber Risk CISO 78

eSecurity Planet

MARCH 28, 2023

Applicable Metrics Aruba ClearPass is deployed in high-volume authentication environments (e.g. 10+ million authentications a day) as well as distributed environments requiring local authentication survivability across multiple geographies (e.g. 30 points of presence).

Wireless 113

Wireless Authentication IoT VPN 113

Daniel Miessler

MARCH 20, 2022

This will include things like cloud configurations for open protocols, open ports, authenticated entities, encryption at rest, encryption in transit, who is accessing what items, etc. HT to Jeremiah Grossman to also being very early to seeing the role of insurance in InfoSec. Insurance companies. Introduction. Org Structure.

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InfoSec Insurance Engineering Technology 180