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Cyber Insurance Costs Soaring: Is Your Organization Covered Enough?

SecureWorld News

Cybersecurity threats are a growing menace, wreaking havoc on businesses and individuals alike. In this digital battlefield, cyber insurance has emerged as a crucial shield, offering financial protection against data breaches, ransomware attacks, and other cyber incidents.

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Report: Cyber Insurance Not Driving Ransomware Market

SecureWorld News

It is no secret that ransomware attacks have been on the rise in recent years and have caused a significant amount of pain to organizations worldwide. One aspect of these cyberattacks that has been hotly debated is the role that cybersecurity insurance plays in these incidents. However, RUSI's research presents a different perspective.

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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.

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Local government cybersecurity: 5 best practices

Malwarebytes

Build a playbook for ransomware response and recovery. 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. Build a playbook for ransomware response and recovery. Partner up!

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Inflation Is Making Cybersecurity Even More Challenging for Leaders

SecureWorld News

All of this makes it more difficult for organizations to protect themselves from new and emerging cyber threats. I think it requires taking a step back and assessing what you can do with less," said Chris Roberts, CISO and Senior Director at Boom Supersonic. It is a figure that has decreased from 11.1%

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Testing to Ensure Your Security Posture Never Slouches

McAfee

Imagine if you had one place where you found a comprehensive real time security posture that tells you exactly where the looming current cyber risks are and the impact? Let’s consider a recent and relevant cyber threat. Ransomware doesn’t just cost money—or embarrassment—it can derail careers. Risk and Posture.

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Annual Reports: How They Warn of Cyber Risk

SecureWorld News

Especially because Accenture was hit with ransomware this year. On page 34 of the report, Accenture dives into the risk that cyber poses to the business. These are the very impacts we regularly hear CISOs mention on SecureWorld webcasts. Here is the entire section on cyber risk from Accenture's report.