Security Boulevard

JUNE 23, 2022

In just a few years, cyber has transformed from the nerd in the corner into the Kim Kardashian of risk. businesses can be built on, and destroyed by, cyber risk. Cyber risk is seen as an IT issue, but our research shows that 90 per cent of incidents leading to cyber insurance claims resulted from human behaviour.

Insurance 52

Insurance Cyber Risk CISO Cyber Insurance 52

Pen Test

OCTOBER 10, 2023

Sopra Steria - One of the Largest Reported Ransoms Europe's major IT services firm Sopra Steria was breached in October 2020 by the Ryuk gang, with extensive backups preventing major disruption. Keep backups completely isolated and air-gapped offline to prevent malware from infecting those too. Use immutable object storage for backups.

Ransomware 52

Ransomware Backups Insurance Cyber Insurance 52

Security Boulevard

MAY 17, 2023

Despite investing significant resources in cybersecurity, companies are still being hacked. How has cybersecurity evolved? Why are cyber attacks still on the rise? How will AI impact cybersecurity? What is Mamori.io’s approach to cybersecurity? What is the future in cybersecurity? How are you?

Hacking 52

Hacking Insurance Small Business Cybersecurity 52

IT Security Guru

FEBRUARY 28, 2023

Cyber insurers are losing money. Their loss ratios – total claims plus the insurer’s costs, divided by total premiums earned – are now consistently above 60%, which presents something of an existential threat to the insurance industry, making cyber risk a potentially uninsurable area due to falling profitability.

Cyber Insurance 131

Cyber Insurance Insurance Marketing Cyber Attacks 131

Digital Shadows

NOVEMBER 26, 2024

Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance. Organizations with limited cybersecurity budgets or outdated legacy and end-of-life systems are prime targets for threat actors.

Cyber Attacks 52

Cyber Attacks Phishing Ransomware Cyber Insurance 52

Schneier on Security

FEBRUARY 28, 2024

One possible solution, touted by former Department of Homeland Security Secretary Michael Chertoff on a recent podcast , would be for the federal government to step in and help pay for these sorts of attacks by providing a cyber insurance backstop.

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Cyber Insurance Insurance Government Cyber Risk 305

Cisco Security

MARCH 22, 2022

To help you as you shore up your cyber defenses, Bruce Brody originally posted this blog – “Left of Boom” Cybersecurity: Proactive Cybersecurity in a Time of Increasing Threats and Attacks on October 18, 2021. Left of Boom refers to actions you can take to protect your organization before a cyber incident.

Cyber Insurance 98

Cyber Insurance Authentication Insurance Cyber Risk 98

SecureWorld News

MARCH 5, 2025

agricultural exports and expanded its export restrictions on critical technology components and cybersecurity-related industries. At first glance, tariffs seem like an economic and trade issue, but the cybersecurity implications are just as significant. We asked cybersecurity professionals on both sides of the U.S.-Canada

Cyber Risk 117

Cyber Risk Risk Small Business Cyber Insurance 117

Krebs on Security

MARCH 4, 2022

27, a Ukrainian cybersecurity researcher who is currently in Ukraine leaked almost two years’ worth of internal chat records from Conti, which had just posted a press release to its victim shaming blog saying it fully supported Russia’s invasion of his country. “They are insured for cyber risks, so what are we waiting for?”

Ransomware 246

Ransomware Insurance Cyber Insurance Accountability 246

Adam Levin

MARCH 2, 2020

Cybersecurity experts are aligned on this point: Ransomware is a serious issue. Bear in mind that your data backups will be of no use if they are also encrypted by a ransomware attack, so keep them stored separately and offline. Part of this can be blamed on the lack of cybersecurity skills available in the workforce.

Cyber threats 215

Cyber threats Ransomware Encryption Insurance 215