SecureWorld News

MAY 18, 2021

This is what informs his perspective: "My role in practical terms is to be somewhat like the conductor of the symphony that comes in when there's this issue to work with cyber insurance providers, t o work with forensics firms, to work with PR firms, to work with data decryption negotiation firms, all of this. W e've got backups.

Ransomware 95

Ransomware Backups Cyber Insurance Risk 95

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. Ransomware attacks, in particular, pose a significant risk, though some sectors and regions are more vulnerable than others.

Cyber Attacks 59

Cyber Attacks Phishing Ransomware Cyber Insurance 59

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. Ask your cyber exec to explain the threats facing the organisation. discuss how your company’s culture supports cyber security and risk management.

Insurance 52

Insurance Cyber Risk CISO Cyber Insurance 52

Pen Test

OCTOBER 10, 2023

Double extortion introduces catastrophic risks of data breach and loss of customer trust if sensitive information gets leaked publicly. 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.

Ransomware 52

Ransomware Backups Insurance Cyber Insurance 52

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. Ransomware attacks, in particular, pose a significant risk, though some sectors and regions are more vulnerable than others.

Cyber Attacks 52

Cyber Attacks Phishing Ransomware Cyber Insurance 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

Security Boulevard

MAY 17, 2023

His name is Omar Masri and he's a software engineer and also the founder and CEO of Mamari.io, which helps businesses overcome the cost and complexities of cybersecurity, preventing attacks while meeting compliance and cyber insurance requirements. But actually, the biggest change is actually how risk was assessed in cybersecurity.

Hacking 52

Hacking Insurance Small Business Cybersecurity 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. But most of this language has not yet been tested by insurers trying to deny claims.

Cyber Insurance 308

Cyber Insurance Insurance Government Cyber Risk 308

Cisco Security

MARCH 22, 2022

Left of Boom refers to actions you can take to protect your organization before a cyber incident. It includes the following advice: Have visibility and control of all assets and actionable metrics to measure cyber risk. Backup all critical data at least daily. Cyber insurance is not the answer!

Cyber Insurance 98

Cyber Insurance Authentication Insurance Cyber Risk 98

SecureWorld News

MARCH 5, 2025

Cybersecurity professionals are already grappling with the risks of supply chain attacks, and these tariffs add another layer of complexity. Taking another perspective on new risks, maybe a U.S. Increased counterfeit risks in hardware procurement as organizations look for cheaper alternatives. So what should CISOs do?

Cyber Risk 120

Cyber Risk Risk Small Business Cyber Insurance 120

Krebs on Security

MARCH 4, 2022

But if you have information about their cyber insurance and maybe they have a lot of money in their account, I need a bank payout, then I can bargain. For now, take a look at the documents and see if there is insurance and bank statements.” “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

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. If your company already has cyber insurance coverage, consider increasing it. Don’t be the next Heritage Company.

Cyber threats 215

Cyber threats Ransomware Encryption Insurance 215