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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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

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

JULY 30, 2021

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

JULY 14, 2021

FBI’s cyber division personnel in front of a computer screen. New research finds that ransomware atracks have grabbed the attention of leaders across business sectors. The FBI reported an increase of more than 225% in total losses from ransomware in the U.S. in 2020 alone.

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CyberSecurity Insiders

OCTOBER 20, 2021

Okumu lived through the ransomware attack on the City of Baltimore in 2018, which affected 90% of the municipality’s applications. As the then-director of IT infrastructure for the city, he learned a lot of valuable lessons about defending against and recovering from a ransomware attack. It had started sometime between 4 a.m.

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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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Security Boulevard

JUNE 15, 2021

Ransomware attacks have continued to make headlines, and for good reason: on average, there is a new ransomware attack every 11 seconds, and the losses to organizations from ransomware attacks is projected to reach $20 billion over the course of 2021 following a record increase in losses of more than 225% in 2020.

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Malwarebytes

SEPTEMBER 30, 2022

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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SC Magazine

FEBRUARY 8, 2021

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. That’s quite the incentive for insurers to assert themselves in this market.

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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. As we turn toward 2023, these will be the top ten challenges facing CISOs in the new year.".

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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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SecureWorld News

OCTOBER 19, 2023

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. Andrew Smeaton, CISO at Afiniti, says reassessment of cybersecurity programs and plans is necessary. Too many folks focus on the technology as opposed to the people or process.

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Security Boulevard

JUNE 23, 2022

Ask your cyber exec to explain the threats facing the organisation. 2 Talk to your CISO. Few chief information security officers (CISOs) have a close relationship with the board in their organisations?—?many discuss how your company’s culture supports cyber security and risk management. 10 Plan for ransomware.

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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.

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Duo's Security Blog

OCTOBER 18, 2021

The use of phishing to take over user accounts as a first step to gain access to a campus for a ransomware attack has been making the headlines. We’ve heard from campuses that haven’t widely implemented MFA yet that their cyber liability insurance providers are now requiring it. Higher education campuses in the U.S.

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SecureWorld News

OCTOBER 20, 2021

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. Accenture featured this earning's news on page 2 in a big, bold font.

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Security Boulevard

JANUARY 18, 2024

The case against the UBER Chief Information Security Officer (CISO) concluded with a conviction last year and the case against the CISO of SolarWinds, announced in 2023, is ongoing. Specifically holding CISOs accountable for fraudulent reporting is new and one of the most heated topics going into 2024. In 2024: 1.

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CyberSecurity Insiders

DECEMBER 18, 2022

A look ahead to 2023 we can expect to see changes in MFA, continued Hactivism from non-state actors, CISOs lean in on more proactive security and crypto-jackers will get more savvy. The hijacking of computer resources to mine cryptocurrencies is one of the fastest growing types of cyber-threats globally.

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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.

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SecureWorld News

MAY 18, 2021

This was fallout from the Colonial Pipeline shutdown due to a ransomware attack—a legitimate story, for sure. What kind of pressure hits an organization as it conducts incident response to a devastating ransomware attack? For context, here is where Tuma fits into the ransomware incident response process.

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Jane Frankland

DECEMBER 7, 2023

Ransomware attacks will become even more sophisticated and intense in 2024, with more originating via unmanaged or bring-your-own devices, and human operated ransomware attacks. Many attackers will shift their approach from double to triple extortion activities after ransomware attacks.

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Adam Levin

DECEMBER 27, 2019

At times it can seem like a war of attrition, which brings us to the first series of predictions for 2020: CISOs will get worse at their jobs. Ransomware will continue to thrive. You’re going to have personal cyber insurance. Okay, simmer down all you cybersecurity people. AI will gladly take your job.

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SC Magazine

MARCH 29, 2021

Ransomware actors routinely look for easy vulnerabilities to exploit in victim organizations. It can also help inform cyber insurers, who may choose to raise premiums for companies that can’t document where their code comes from.

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eSecurity Planet

APRIL 26, 2022

billion in 2021, and growing concerns over data security , software supply chains , and ransomware suggest the market will remain strong through economic ups and downs. YL offers hands-on support for startup leaders in addition to an extensive network of cybersecurity industry leaders and CISOs. Honorable Mention Cybersecurity VCs.

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