Remove CISO Remove Cyber Insurance Remove Cyber Risk Remove Technology
article thumbnail

Top 8 Cyber Insurance Companies for 2022

eSecurity Planet

Cyberattacks are not only a technological problem for companies, but they also represent a very real financial threat. That’s where cyber insurance may be able to help. But there’s a catch: Insurers are going to carefully assess your cybersecurity controls before writing any policy, and there are limits to coverage.

article thumbnail

Annual Reports: How They Warn of Cyber Risk

SecureWorld News

On page 34 of the report, Accenture dives into the risk that cyber poses to the business. The section on cyber risk is in bold: "We face legal, reputational and financial risks from any failure to protect client and/ or Accenture data from security incidents or cyberattacks.". That's where the fine print comes in.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Spotlight on Cybersecurity Leaders: Kip Boyle

SecureWorld News

He helps senior decision makers overcome cybersecurity sales objections and manages unlimited cyber risks through rigorous prioritization. In the private sector, he was a CISO for an insurance company, credit card processor, bank, credit union, and IT Managed Service Provider. Get to know Kip Boyle. A : I backed into it!

article thumbnail

Has ESG Become aWake-Up Call for Cybersecurity?

Security Boulevard

Even with ransomware costing billions of dollars in losses and cyber insurance claims, organizations are still impacted beyond the checkbook. These attacks have driven the cost of cyber insurance premiums higher. Cyber insurance has become more critical to organizations to help offset the risk to the company.

article thumbnail

Peer Report Explores Concerns, Challenges Facing Cybersecurity Leaders

SecureWorld News

This morning, Critical Start released its first ever Cyber Risk Landscape Peer Report , which explores some of the major concerns and challenges currently confronting cybersecurity leaders as they manage risk within their organizations. Here are some comments on the cyber risk landscape from cybersecurity vendor experts.

article thumbnail

How to build a cyber capable board

Security Boulevard

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. 2 Talk to your CISO. 9 Challenge Risk Transfer Strategies.

article thumbnail

Safety first: Will insurance companies stall or accelerate cybersecurity progress?

SC Magazine

But when it comes to cybersecurity coverage, the relationship between enterprises and insurers has been rocky and uncertain. . The relationship between enterprises and insurers, like the cyber insurance market itself, is evolving. A maturing model. billion in premium. What might that include?

Insurance 126