SecureWorld News

AUGUST 1, 2023

One aspect of these cyberattacks that has been hotly debated is the role that cybersecurity insurance plays in these incidents. To better understand the relationship between insurance and ransomware, U.K.-based RUSI's research challenges the notion that cyber insurance is a direct catalyst for ransomware.

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Security Boulevard

OCTOBER 11, 2024

Insight #1: CISOs, you need insurance coverage According to German multinational insurance company Munich Re, the global cyber insurance market is expected to rise from $14 billion to $29 billion by 2027.

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The Last Watchdog

OCTOBER 5, 2023

“It likewise empowers CISOs and security leaders when communicating risk with boardroom members who may not be well-versed in traditional cybersecurity terminology, enabling them to grasp overall business ramifications more tangibly.”

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Thales Cloud Protection & Licensing

JANUARY 16, 2025

Some of the most important are Gramm-Leach-Bliley Act ( GLBA ), the National Association of Insurance Commissioners ( NAIC ) Data Security Model Law, the New York Department of Financial Services ( NYDFS ) Cybersecurity Regulation, and the National Credit Union Administration ( NCUA ) cybersecurity guidance.

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Financial Services Encryption Insurance Government 62

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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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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SecureWorld News

MAY 7, 2025

The bigger risk is a skills gap, as security professionals must now understand both traditional threats and AI-driven technologies. "AI Our future advantage lies in how well we integrate human judgment with machine speed," said Sanjay Sharma , CISO, Zafin. AI isn't replacing cybersecurity talent. It's redefining it.

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The Last Watchdog

MARCH 1, 2019

Last Watchdog had the chance to visit with Michael Sutton, former longtime CISO of cloud security vendor Zscaler, who recently signed on as advisor to a fresh, new SOAR startup, Syncurity. Sutton: SOAR was born out of the gap between what SIEMs were supposed to be and the rising sophistication of cyber threats.

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Security Boulevard

JANUARY 18, 2024

Nation-State attack dominance now underpins the capabilities, growth, and impacts of the cybersecurity industry Nation-state investment, innovation, and willingness to conduct complex attacks are the catalyst that underpins the advancement of malicious capabilities and empowers all levels of activity across the spectrum of cyber threat archetypes.

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Identity IQ

AUGUST 10, 2021

The company also provides services to real estate, legal, insurance, financial services, petrochemical and the oil and gas industries. According to this year’s Cyber Threat Report from SonicWall , ransomware attacks have increased rapidly, surpassing the number of attacks in 2020 and the first half of this year.

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SecureWorld News

FEBRUARY 29, 2024

BlackCat has made the healthcare industry a prime target over the past year, victimizing providers, insurers, and now healthcare IT suppliers like Change Healthcare, a unit of Optum. These organizations, previously held hostage by the insidious ransomware, were suddenly liberated from the clutches of the cyber threat.

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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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The Security Ledger

JULY 22, 2020

In this Spotlight podcast* we’re joined by Andrew Jaquith, the CISO at QOMPLX to talk about how the COVID pandemic is highlighting longstanding problems with cyber risk management and cyber resilience. Read the whole entry. » Most Companies aren’t prepared.

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Security Boulevard

NOVEMBER 28, 2022

CISOs, CIOs, and CFO should take the rest of Q4 2022 need to consider how the organization can reshape its security strategy for 2023 and adjust its “goal posts.”. Insure Risk is the Decision factor for Digital Transformation Decisions. Time for a new perspective? Absolutely. Moving the Virtual Goal Posts.

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SecureWorld News

OCTOBER 19, 2023

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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SC Magazine

JULY 9, 2021

Cyber thought leaders were quick to acknowledge the importance of continued cooperation across federal, state and local jurisdictions, though several CISOs suggested that there wasn’t too much new ground covered and recommended ways the federal and state governments and private industry could do even more to assist overwhelmed municipalities.

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Centraleyes

MARCH 13, 2025

Whether handling personal financial data or managing large-scale transactions, your program needs to reflect the realities of your operations and the cyber threats you face. Expert Advice: Gary Alterson of Neohapsis recommends refreshing risk assessments quarterlyor even monthlyto keep up with the rapidly changing threat landscape.

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Security Boulevard

MARCH 13, 2025

Many regulatory bodies, insurance providers, business partners, and customers take cybersecurity very seriously and now hold the CEO and Board accountable. CISOs have become a focal point, being the leader and subject matter expert, often providing regular status reports and conversing directly with the Board.

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SecureWorld News

OCTOBER 8, 2021

Now, the Department of Justice (DOJ) has announced a new Civil Cyber-Fraud Initiative , which will "combine the department’s expertise in civil fraud enforcement, government procurement and cybersecurity to combat new and emerging cyber threats to the security of sensitive information and critical systems.".

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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. Here is the entire section on cyber risk from Accenture's report.

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McAfee

JUNE 17, 2021

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. That well-publicized attack spurred considerable interest in cybersecurity assessments. Risk and Posture.

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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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SecureWorld News

JUNE 24, 2024

Additionally, there sectoral privacy regulations in the United States, such as the Health Insurance Portability and Accountability Act (HIPAA), and state level regulations like the California Consumer Privacy Act (CCPA). The potential loss of reputation from a privacy breach is a clarion call for business executives and CISOs.

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Centraleyes

DECEMBER 19, 2024

The new NY regulations, however, go further by requiring hospitals to implement: Tailored cybersecurity programs, Designation of a Chief Information Security Officer (CISO), Penetration testing, Mandatory breach reporting within 72 hours. This may involve introducing regular training sessions, simulations, and awareness campaigns.

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SecureWorld News

AUGUST 23, 2023

Results of the study, conducted in partnership with research consultancy Censuswide, reveal that businesses are struggling to understand their cyber risks, with 66% of respondents indicating they have limited visibility and insight into their cyber risk profiles, hindering their ability to prioritize investments and allocate resources effectively.

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Security Boulevard

JANUARY 16, 2025

Some of the most important are Gramm-Leach-Bliley Act ( GLBA ), the National Association of Insurance Commissioners ( NAIC ) Data Security Model Law, the New York Department of Financial Services ( NYDFS ) Cybersecurity Regulation, and the National Credit Union Administration ( NCUA ) cybersecurity guidance.

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Financial Services Encryption Insurance Government 52

Centraleyes

NOVEMBER 7, 2024

This surge in investment is driven by the growing complexity of cyber threats and the emergence of next-generation technologies such as generative AI. As cyber threats evolve, so too must the GRC tools and strategies used to combat them. to $215 billion in 2024.

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NetSpi Executives

OCTOBER 17, 2023

Notably, the law is characterized by its foundational correctness and forward-looking approach, ensuring adaptability to evolving cyber threats. Moreover, the FDA receives specific funding, totaling $5 million, to bolster its efforts in the field of cybersecurity.

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Healthcare Manufacturing Cyber Risk Risk 94

SC Magazine

JUNE 29, 2021

COVID-19 has highlighted the need for HHS to pay continuous attention to cyber threats, which pose a serious challenge to national security, economic well-being, and public health and safety.”. The guide is designed to support entities develop and manage cyber threat information sharing programs.

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DoublePulsar

DECEMBER 3, 2023

Organisations instrumental to this cover up include leading cybersecurity incident response and insurance firms. We all know that Boeing is the outlier here, as currently every CISO is playing a Western game on TLP:RED. You can follow me on Mastodon for the latest cybersecurity news about emerging cyber threats if you’re really bored.

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Ransomware Cybersecurity Healthcare Government 105

Spinone

DECEMBER 26, 2018

VoIP phishing and impersonation also victimized millions of corporate employees across the world , contributing to an even greater cyber threat. Cloud security success and choosing the right investments is all about having a clear understanding of threat types and their resulting damages.

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Thales Cloud Protection & Licensing

MARCH 31, 2021

BJ Gardner, Lead Systems Architect, PLM Insurance Co. This leads the CISO/CIO either into rush decisions or conversely into an analysis-paralysis phase, leading to unfavourable outcomes or no outcomes at all! There is no silver bullet that will make an organization achieve Zero Trust.

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SecureWorld News

DECEMBER 27, 2024

Preparing for Q-Day in 2025 should be a top priority for CISOs for this very reason. Ken Dunham, Cyber Threat Director at Qualys Threat Research Unit: Domestic and foreign adversaries, particularly from China, Russia and Iran, will escalate cyberattacks on critical U.S. Growing patchwork of U.S.

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CyberSecurity Insiders

DECEMBER 8, 2021

With the onslaught of breaches expected to continue, so will the spike in cybersecurity insurance premiums. Insurance carriers will perform their due diligence on hacked companies delving into their CSOs’ preparedness activities, data suppliers and supply chains, leaving no stone unturned. Tyler Farrar, CISO, Exabeam.

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Jane Frankland

DECEMBER 7, 2023

Cybersecurity can often feel like a game of cat and mouse where cyber attackers and defenders engage in a chase, with one party trying to outsmart the other. Just like in previous years, 2024 is set to test practitioners’ skills as the frequency of cyber threats continues to surge leaving no room for complacency.

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Jane Frankland

JANUARY 12, 2025

Research by e2e-assure reveals a significant gap between perception and reality; while 85% of cyber risk owners express confidence in their AI policies, only 34% of employees are even aware such guidance exists. Cyber threats often exploit human errors, whether through phishing attacks, weak passwords, or lapses in protocol.

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SecureWorld News

MARCH 5, 2025

That headache is real, of course, but accountants and lawyers will step up to sort it out," said Mike Wilkes , Former CISO, MLS; Adjunct Professor, NYU. Thinking a bit more widely, though, I can imagine there will be a concomitant rise in cyber espionage and attacks between groups of impacted groups in China and the U.S.

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