eSecurity Planet

APRIL 22, 2022

That’s where cyber insurance may be able to help. For that reason, most experts now recognize that a complete cybersecurity strategy not only includes technological solutions aimed at preventing, detecting, and mitigating attacks, it should also include cyber insurance to help manage the associated financial risks.

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Cyber Insurance Insurance Marketing Small Business 114

Cisco Security

SEPTEMBER 28, 2022

Lloyds of London have recently published a Market Bulletin 1 addressing the wording of cyber insurance policies to exclude losses arising from: “ state backed cyber-attacks that (a) significantly impair the ability of a state to function or (b) that significantly impair the security capabilities of a state. ”.

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Security Boulevard

NOVEMBER 12, 2021

The post Are Cyber Insurers Cybersecurity’s New Enforcers? That means cyberattacks targeting enterprises and individuals are happening at a rate of about one attack every few seconds. The average ransom payment made by a business to. appeared first on Security Boulevard.

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Security Boulevard

JUNE 1, 2022

cyber insurance carriers in 2021 rose 92% year-over-year, largely in response to a surge in ransomware. Cyber risk insurers are also declining coverage to companies with substandard cybersecurity controls, as well as changing the fine print for sublimits to reduce coverage for types of losses one by one.

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Security Boulevard

JUNE 16, 2023

Insight #1 " Cyber insurance premiums have skyrocketed (50%) because of ransomware, and there is no end in sight. The post Cybersecurity Insights with Contrast CISO David Lindner | 6/16 appeared first on Security Boulevard.

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CISO Cyber Insurance Insurance Cybersecurity 104

Security Boulevard

APRIL 28, 2023

It’s as bad as charging more for SSO if you are charging more for logs." Insight #3 "Having good cyber insurance is another layer of the security onion that organizations should be taking advantage of. Adding cyber insurance makes you much more prepared if a cyber disaster were to occur."

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CISO Cyber Insurance Insurance Cybersecurity 104

Threatpost

JULY 12, 2022

Chris Hallenbeck, CISO for the Americas at Tanium, discusses the impact of geopolitical conflict on the cybersecurity insurance market.

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Insurance Cyber Insurance CISO Marketing 60

Security Boulevard

APRIL 28, 2022

The post Cyber Insurance: What to Know for 2022 and Beyond appeared first on Hyperproof. The post Cyber Insurance: What to Know for 2022 and Beyond appeared first on Security Boulevard.

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Cyber Insurance Insurance Cybersecurity Data privacy 52

Cisco Security

JANUARY 10, 2023

In my role, I regularly engage with CISOs in all kinds of sectors, representatives at industry bodies, and experts at analyst houses. This gives me an invaluable macroview not only of how the last 12 months have affected organizations and what CISOs are thinking about, but also how the upcoming year is shaping up.

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Security Boulevard

JANUARY 20, 2023

Insight #2 " New this week was the release of a $45 million cyber catastrophe bond targeted at an extreme loss (up to $300 million) in a cyber breach. It is yet another level in cyber insurance. The post Cybersecurity Insights with Contrast CISO David Lindner | 1/20 appeared first on Security Boulevard.

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CISO Cyber Insurance Insurance Cybersecurity 73

Dark Reading

MAY 30, 2019

The reality for business owners and CISOs looking to protect their business from a cyberattack is that cyber insurance is not a catchall for protecting against risk and loss.

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Cyber Insurance Insurance CISO Risk 71

The Hacker News

OCTOBER 24, 2022

Virtual Chief Information Security Officer (vCISO) services (also known as 'Fractional CISO' or 'CISO-as-a-Service') are growing in popularity, especially as growing cyber threats, tightening regulatory demands and strict cyber insurance requirements are driving small to medium-sized enterprises demand for strategic cybersecurity and compliance guidance (..)

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The Hacker News

JULY 21, 2022

Growing cyber threats, tightening regulatory demands and strict cyber insurance requirements are driving small to medium-sized enterprises demand for strategic cybersecurity and compliance guidance and management. Yet current vCISO services models still rely on manual

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CISO Cyber Insurance Insurance Cyber threats 75

CSO Magazine

JULY 20, 2021

In March 2021 Google Cloud announced a new offering called Risk Protection Program, which is designed to help its cloud customers reduce security risk and connect with Google’s insurer partners, Allianz Global Corporate & Specialty and Munich Re. To read this article in full, please click here (Insider Story)

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Cyber Insurance Insurance CISO Risk 137

SC Magazine

FEBRUARY 8, 2021

Every time a driver buckles up or an airbag is deployed we see the powerful influence of the insurance companies who insisted those measures become mandatory. Now, those insurers are poised to drive cybersecurity investment by insisting that organizations meet certain criteria to qualify for coverage. A maturing model.

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Insurance Cyber Insurance Cybersecurity Government 126

Duo's Security Blog

OCTOBER 18, 2022

Tune into our upcoming webinar, “ Don’t Bet on Passwords, Use MFA to Insure Your Protection ,” to hear from Wolfgang Goerlich, an advisory CISO at Cisco Secure Access by Duo, an Matt Brooks, a Duo Product Marketing specialist. trillion USD annually by 2025?

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Insurance Passwords Cyber Insurance Authentication 55

Dark Reading

JUNE 10, 2022

Cloud migration, DevSecOps, cyber insurance, and more have emerged as important motivators for cybersecurity investment and focus.

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Cloud Migration Cyber Insurance CISO Insurance 95

The Hacker News

FEBRUARY 14, 2023

From a cyber risk perspective, attacks on data are the most prominent threat to organizations. Regulators, cyber insurance firms, and auditors are paying much closer attention to the integrity, resilience, and recoverability of organization data – as well as

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Cyber Insurance Backups CISO Insurance 71

Security Boulevard

NOVEMBER 3, 2022

What Cybersecurity Needs To Know About Segregation Of DutiesCybersecurity has moved to the top of the list of priorities of CISOs and not just because of the astronomical cost of cyber insurance. The post Cyber Security and Segregation of Duties appeared first on SafePaaS.

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Cyber Insurance Insurance CISO Information Security 98

Duo's Security Blog

JUNE 9, 2022

As an advisory CISO and part of Cisco’s strategy group, an essential part of my role is talking to CISOs from every kind of organization. From these conversations, it is clear cyber liability insurance is steadily rising to the top of the agenda, due to the sheer amount and scale of cyber-attacks hitting firms.

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Insurance Marketing CISO Cyber Insurance 65

Security Boulevard

JULY 30, 2021

The post CISO Stories Podcast: Ransomware Attacks and the True Cost to Business appeared first on Security Boulevard.

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Security Boulevard

JULY 12, 2021

The post CISO Roundtable: Ransomware Attacks and the True Cost to Business appeared first on Security Boulevard.

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CISO Cyber Insurance Ransomware Insurance 59

CyberSecurity Insiders

SEPTEMBER 13, 2022

The survey conducted financial risks evaluator Kroll states that in the past few months, beginning this year of 2022, over 71% of organizations suffered over 5 million financial losses that emerged from cyber risks and 33% of them suffered repetitive incidents. So, how CFOs should respond to such situations?

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Cyber Risk Risk Cyber Insurance Insurance 131

Duo's Security Blog

OCTOBER 18, 2021

One area where campuses have been collaborating recently are changes around cyber liability insurance for higher education, an opportunity for campus cybersecurity teams to combine forces with their risk management team. In a recent Duo blog post, we gave an overview of cyber liability insurance.

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Insurance Education Risk Cyber Insurance 65

Security Boulevard

JANUARY 9, 2023

Cybersecurity budgets under pressure…regulators tightening risk disclosure rules.breakdown in the cyber insurance market. As 2022 ended, a series of trends lined up that will set the agenda in 2023 for cyber risk and security leaders.

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Cyber Risk Risk Cyber Insurance Insurance 52

Security Boulevard

AUGUST 22, 2022

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.

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Cybersecurity Cyber Insurance Insurance CISO 98

SecureWorld News

NOVEMBER 2, 2022

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. See the conference agenda and register here.

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Cybersecurity Cyber Insurance Insurance Cyber Risk 85

Security Affairs

OCTOBER 30, 2023

If you want to remain proactive about new threats, you need to learn from the experts in the trenches: hackers,” said Chris Evans, HackerOne CISO and Chief Hacking Officer. . “Organizations are under pressure to adopt GenAI to stay ahead of competitors, which, in turn, is transforming the threat landscape.

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Security Boulevard

JUNE 23, 2022

The World Economic Forum’s Global Risks Report has consistently ranked cyber attacks among the top seven risks facing the planet in terms of likelihood and impact, while high-profile CEOs including Warren Buffett of Berkshire Hathaway and Jamie Dimon of JPMorgan Chase see them as the number-one threat to business. 2 Talk to your CISO.

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Insurance Cyber Risk CISO Cyber Insurance 52

SecureWorld News

MAY 16, 2023

We use this type of model for our 'Whole of State' approach to security in North Dakota," says Michael Gregg, CISO for the State of North Dakota. Sean Scranton is a consultant on the Cyber Risk Solutions Team at WTW and often speaks on cyber insurance issues. Small entities struggle with the cost of security services.

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Malwarebytes

SEPTEMBER 30, 2022

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. In Michigan’s Cyber Partners Program , for example, local communities receive services from a CISO-level consultant.

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Government Cybersecurity Cyber Insurance Insurance 58

SC Magazine

JULY 14, 2021

In addition, having cyber insurance coverage in place does not guarantee an organization can recoup losses associated with a ransomware attack. Click here to register for an upcoming CISO roundtable from Cybereason, in partnership with Cybersecurity Collaborative: Ransomware attacks and the true cost to business.

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Ransomware Cyber Insurance Financial Services Retail 98

SecureWorld News

DECEMBER 29, 2022

Top 10 Challenges Facing CISOs in 2023 – "While 2022 was certainly no walk in the park, strong cybersecurity investments and institutional support suggest a light at the end of the tunnel. As we turn toward 2023, these will be the top ten challenges facing CISOs in the new year.".

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CyberSecurity Insiders

OCTOBER 20, 2021

On the business side, the plan should address elements such as having a communication plan for the CISO, CIO and company executives as well as a risk management component that includes cyber insurance. ISC)² Security Congress 2021 continues Wednesday, October 20 with opening keynotes beginning at 8:00 a.m.

Ransomware 111

Ransomware Backups Insurance Cyber Insurance 111

SecureWorld News

AUGUST 23, 2023

Michael Gregg, CISO, State of North Dakota: " One of the things that most excites me about the new framework is the addition of the 'govern' function. 26 on " Lessons from a CISO: Increasing Your Cybersecurity Footprint Despite Worn Soles. Yacone is speaking on " API Security: A CISO Perspective " at SecureWorld Denver on Sept.

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Cybersecurity CISO Government Risk 74

SecureWorld News

OCTOBER 20, 2021

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.". These are the very impacts we regularly hear CISOs mention on SecureWorld webcasts. And that is the end of the section on cyber risk.

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Cyber Risk Risk Insurance Cyber Insurance 78

eSecurity Planet

SEPTEMBER 29, 2022

Howard Taylor, CISO of Radware, goes so far as to call it the “death of trust.” Company reputation is not only of interest to current and potential customers, but it’s also important to market analysts, lenders, and insurance companies. And they may not even be aware that they have them.

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Insurance Software Internet Internet 117