Centraleyes

DECEMBER 16, 2024

Ransomware Still Reigns Supreme Ransomware attacks continue to plague organizations globally, and 2024 will be no different. Attackers are becoming more organized, with ransomware-as-a-service (RaaS) operations providing easy access to malicious tools for even novice cybercriminals.

Cybersecurity 98

Cybersecurity Insurance Cyber Insurance Technology 98

Webroot

AUGUST 10, 2021

The issue at the heart of ransomware insurance will be familiar to most parents of young children: rewarding bad behavior only invites more of the same, so it’s generally not a good idea. But critics of the ransomware insurance industry argue that’s exactly what the practice does. So, if U.S.-based

Insurance 131

Insurance Ransomware Cybersecurity Cyber Insurance 131

Security Boulevard

FEBRUARY 24, 2021

Since the early 2000s, many companies have purchased cyber insurance to protect them when data is stolen, networks are breached, regulatory agencies levy fines, or other related incidents occur. In recent years, cyber insurance is also used to protect against increasingly popular ransomware events.

Insurance 96

Insurance Cyber Insurance Ransomware 96

Webroot

JULY 25, 2022

Cyber insurance becomes mainstream discussion. As cyberattacks have become more costly and more challenging to track, cyber insurance has gained prominence across the industry. The cyber insurance market is expected to reach around $20B by 2025.

Cyber Insurance 136

Cyber Insurance Insurance Marketing Ransomware 136

SecureWorld News

MARCH 17, 2025

Although there remains some ambiguity over whether ransomware was employed, the Play ransomware gang later claimed responsibility , alleging that sensitive data, such as payroll records, contracts, tax documents, and customer financial information, was exfiltrated.

Cyber Attacks 111

Cyber Attacks Digital transformation Threat Detection Cyber Insurance 111

Heimadal Security

MAY 11, 2021

a global insurance organization based in Paris that also provides investment management and other financial services, has disclosed on Thursday that it will halt cyber insurance policies in France that refund those affected by ransomware attacks for payment made to hackers.

Insurance 71

Insurance Cyber Insurance Ransomware Financial Services 71

Duo's Security Blog

MAY 23, 2022

Cyber liability insurance can be a lifeline in the event of a major incident or breach. Cyber incidents rose 35% in 2020 with data breaches costing businesses an average of $4.24 million per year , resulting in cyber insurance premiums jumping up by 50-100%. No doubt, cyber insurance is a hot topic right now.

Insurance 105

Insurance Cyber Insurance Data breaches Backups 105

NetSpi Executives

JANUARY 8, 2024

In case you missed it, Chubb, one of the leading publicly traded property and casualty insurance companies, announced an innovative collaboration with NetSPI to strengthen client cyber-risk profiles via enhanced attack surface management and penetration testing solutions. What is proactive security?

Cyber Insurance 64

Cyber Insurance Insurance Penetration Testing Cyber threats 64

BH Consulting

FEBRUARY 24, 2025

Cybercriminals felt the heat from law enforcement last year, while ransomware payments fell. Intel471 has a detailed analysis of other significant law enforcement operations in 2024, including against the LockBit ransomware gang and multiple malware droppers. But still, progress is progress.

Cyber Insurance 59

Cyber Insurance Insurance Ransomware Artificial Intelligence 59

Heimadal Security

MARCH 24, 2021

CNA Financial is a leading US-based insurance company, considered to be one of the sixth-largest commercial insurance companies in the USA, according to the Insurance Information Institute, providing a wide range of insurance products, including cyber insurance policies. What do we know about the attack?

Cyber Insurance 119

Cyber Insurance Insurance Ransomware Cybersecurity 119

Cisco Security

JANUARY 10, 2023

Using this information, last year I wrote a blog summing up the nine top of mind issues I believed will most impact CISOs as we headed into 2022. Increasing demands from insurers. Ransomware and how to deal with it. As with last year, ransomware continues to be the main tactical issue and concern facing CISOs.

CISO 142

CISO Insurance Cyber Insurance Phishing 142

The Last Watchdog

OCTOBER 5, 2023

Here is Erin’s Q&A column, which originally went live on OneRep’s well-done blog.) For the first expert interview on our blog, we welcomed Pulitzer-winning investigative reporter Byron V. Erin: What are some of the biggest cyber threats that businesses face today? Byron: It’s an important risk management tool.

Cyber threats 203

Cyber threats Cyber Insurance Threat Detection Cybersecurity 203

CyberSecurity Insiders

JUNE 22, 2021

Welcome back to #RansomwareWeek here on the (ISC)² Blog! Today we’re linking you up with eight episodes from the award-winning (ISC)² webinar program that touch on ransomware and cover the key components surrounding the state of cybersecurity threats. Anatomy of a Targeted Industrial Ransomware Attack. ECRIME PAY$!

Ransomware 66

Ransomware Cyber Insurance Insurance Cybersecurity 66

Malwarebytes

JULY 27, 2022

Fighting against ransomware can be difficult—especially if your organization has limited IT resources to begin with. But Adam Kujawa, security evangelist and director of Malwarebytes Labs, has a few tips for overburdened IT folks looking to simplify their fight against ransomware. 3 tips to simplify the fight against ransomware.

Ransomware 81

Ransomware Backups Cyber Insurance Penetration Testing 81

Security Affairs

APRIL 24, 2022

Please vote for Security Affairs as the best European Cybersecurity Blogger Awards 2022 – VOTE FOR YOUR WINNERS Vote for me in the sections “The Underdogs – Best Personal (non-commercial) Security Blog” and “The Tech Whizz – Best Technical Blog” and others of your choice. Patch them now!

Cyber Insurance 100

Cyber Insurance Spyware Firmware Insurance 100

Webroot

JUNE 2, 2022

The cyber threat landscape keeps evolving at lightning-speed. According to the latest 2022 BrightCloud® Threat Report , small to medium-sized businesses (SMBs) are particularly vulnerable to becoming a victim of a ransomware attack. Ransomware, malware and phishing threats keep evolving. Tune into our latest webinar. Learn More.

Threat Detection 116

Threat Detection Cyber Insurance Small Business Insurance 116

BH Consulting

JULY 17, 2024

And lastly, Javvad Malik’s excellent blog paints a heartfelt picture with a human story behind a security breach. Cyber insurance: whisper it, but it seems to be working Cyber insurance premiums have dropped by 15 per cent compared to their peak in 2022. The findings echo Coalition’s 2024 Cyber Claims report.

Cyber Insurance 69

Cyber Insurance Insurance Risk Marketing 69

Duo's Security Blog

OCTOBER 18, 2021

These groups are having lots of discussion around the fact that many campuses are required to use multi-factor authentication (MFA) for their cyber liability insurance. In a recent Duo blog post, we gave an overview of cyber liability insurance. As part of National Cybersecurity Awareness Month and “Do Your Part.

Insurance 97

Insurance Education Risk Cyber Insurance 97

Webroot

SEPTEMBER 7, 2023

The number of ransomware attacks has increased by 18% , while the worldwide volume of phishing attacks doubled to 500 million in 2022. The best way to weather these challenges is to become a cyber resilient business. To learn more about building cyber resilience with layered security, download our guide.

Encryption 127

Encryption Cyber Insurance Cybercrime Phishing 127

Security Boulevard

FEBRUARY 2, 2023

Many organizations are struggling today with aligning their security controls with what underwriters now require in order to get insurance coverage against ransomware attacks. The post <strong>Need an Insurance Policy Against Ransomware Attacks? The post Need an Insurance Policy Against Ransomware Attacks?

Insurance 98

Insurance Ransomware Cyber Insurance Accountability 98

Duo's Security Blog

DECEMBER 7, 2022

The state of cyber liability insurance The topic of cyber liability insurance is full of datapoints, statistics and graphs all showing upward trajectories. One of the key areas he zoomed was why organizations should be doubling down on protecting themselves from ransomware attacks. What are you doing about backups?

Insurance 98

Insurance Cyber Insurance Ransomware Risk 98

SecureWorld News

JUNE 18, 2020

Maze ransomware strikes again. Maze ransomware: to pay or not to pay? The ransomware attack has not materially affected our production and shipment capabilities, and order fulfillment has continued without material interruption. We carry cybersecurity insurance, subject to applicable deductibles and policy limits.

Ransomware 61

Ransomware Insurance Cyber Insurance Manufacturing 61

Centraleyes

JUNE 9, 2025

For example, a risk of a ransomware attack might be quantified as a potential loss of $2 million. By putting cyber risk in business language (aka money), CRQ helps decision-makers understand which risks must be dealt with and in which order. It also helps managed security MSSPs show real value.

Cyber Risk 52

Cyber Risk Risk Insurance Cyber Insurance 52

Centraleyes

MAY 21, 2025

Cybersecurity Cyber threats are growing fast, and ransomware is leading the charge. In the first three months of 2025 alone, 81 ransomware attacks hit education institutions around the world. Beyond the RansomOperational Fallout The real damage of ransomware isnt just financial. The average ransom demand is $608,000.

Education 52

Education Risk Cyber Insurance Insurance 52

Webroot

SEPTEMBER 24, 2024

In today’s world, both small businesses and everyday consumers face a growing number of cyber threats. From ransomware attacks to phishing scams, hackers are becoming more sophisticated. For SMBs: Invest in ransomware prevention and always back up your data. When in doubt, verify the source before clicking.

Cyber threats 116

Cyber threats Small Business Scams Cybercrime 116

Webroot

OCTOBER 14, 2022

Since the mainstreaming of ransomware payloads and the adoption of cryptocurrencies that facilitate untraceable payments, malicious actors have been innovating new methods and tactics to evade the latest defenses. The post Discover 2022’s Nastiest Malware appeared first on Webroot Blog. The 6 Nastiest Malware of 2022.

Malware 89

Malware Antivirus DDOS Cyber Insurance 89

Malwarebytes

SEPTEMBER 14, 2022

From industry tips and best practices to the latest Malwarebytes product releases and how-tos, our Business newsletter is chock-full of the best of our business blog. Especially ransomware. Read Our Defender's Guide to Ransomware Resilience ! Bonus: Cyber insurance. Subscribe to our Business newsletter today.

Technology 78

Technology DNS Cyber Insurance Insurance 78

Centraleyes

APRIL 24, 2025

Cyber Insurance with AI-Driven Risk Assessments (e.g., Coalition, Resilience)** How they help Cyber insurers now use AI models to assess an organization’s risk posture in real time, adjusting premiums based on proactive security measures.

Penetration Testing 52

Penetration Testing Cyber Insurance Insurance Risk 52

BH Consulting

MAY 28, 2025

Drawing on reports from the World Economic Forum, the Verizon Data Breach Investigations Report and Hiscox Insurance, Brian painted a picture of what that dark side looks like. Ransomware and business email compromise are constant threats against many businesses. Supply chain breaches are also becoming more frequent.

Scams 59

Scams Passwords Insurance Technology 59

CyberSecurity Insiders

OCTOBER 24, 2022

Here are a few prime examples of cyber-attacks in the education sector. From December 2021 through January the following year, Bernalillo County was slammed by a ransomware attack that targeted government services. Freshly on the heels of this cyber security nightmare, the Albuquerque school system was breached. Cyber insurance.

Education 58

Education Cyber Attacks Cyber Insurance Insurance 58

McAfee

JUNE 17, 2021

Let’s consider a recent and relevant cyber threat. Take, for example, the May 7th DarkSide ransomware attack that shut down Colonial Pipeline’s distribution network. Ransomware doesn’t just cost money—or embarrassment—it can derail careers. That well-publicized attack spurred considerable interest in cybersecurity assessments.

Penetration Testing 97

Penetration Testing CISO Risk Cyber Insurance 97

SecureWorld News

DECEMBER 29, 2022

5 Trends to Watch for Cybersecurity in 2023 – "From advancements in artificial intelligence (AI) to the continued evolution of ransomware and cyberattacks, the coming year is sure to bring significant developments in the world of cybersecurity. It will be crucial for everyone to stay informed and prepared.".

Cybersecurity 97

Cybersecurity CISO Artificial Intelligence Cyber Insurance 97

Duo's Security Blog

JUNE 9, 2022

As we discussed on the webinar, it's undoubtedly our common adversary, ransomware. To quote Darren: Five or six years ago, ransomware attacks were demanding an average of $500 and going after consumers, rather than enterprises. So how do insurers get hold of that kind of insight?

Insurance 97

Insurance Marketing CISO Cyber Insurance 97

Heimadal Security

JULY 5, 2021

Customer data stored on the compromised systems might have been leaked or stolen in a ransomware attack that happened on the 26th of September 2020. Insurance Company Affected by a Cyberattack appeared first on Heimdal Security Blog. Back […]. The post AJG Data Breach Led to Private Information Exposure: the U.S.

Insurance 66

Insurance Data breaches Ransomware Cyber Insurance 66

Trend Micro

JUNE 10, 2025

1 Alerts Back Unread All Demo Series: Mastering Exposure Management close Proactively uncover and manage cyber risk > Support Business Support Portal Education and Certification Contact Support Find a Support Partner Resources AI Security Trend Micro vs. Competition Cyber Risk Assessments What Is?

Cybersecurity 66

Cybersecurity Cyber Risk Risk Artificial Intelligence 66

Webroot

SEPTEMBER 27, 2024

In today’s world, both small businesses and everyday consumers face a growing number of cyber threats. From ransomware attacks to phishing scams, hackers are becoming more sophisticated. For SMBs: Invest in ransomware prevention and always back up your data. When in doubt, verify the source before clicking.

Cyber threats 59

Cyber threats Small Business Scams Cybercrime 59

Pen Test Partners

NOVEMBER 4, 2024

Maritime cyber insurance has been playing catch-up with maritime cyber security for a while now. As a result maritime cyber regulation is on the catch up. So far there haven’t been many significant cyber incidents in shipping. See our Stealing container ship cargo through LOC messaging blog post.

Insurance 64

Insurance Technology Cyber Insurance Cyber Risk 64