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Cyber liability insurance vs. data breach insurance: What's the difference?

CSO Magazine

With an ever-increasing number of cybersecurity threats and attacks, companies are becoming motivated to protect their businesses and customer data both technically and financially. million — more than twice the global average of $4.35 The global cyber insurance market was valued at $13.33 billion in 2023 to $84.62 billion by 2030.

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Uber CSO Found Guilty: The Sky Is Not Falling. Yet

SecureWorld News

This week, the former Chief Security Officer of Uber, Joseph Sullivan, was found guilty on one count of obstruction of justice and one count of misprison, the act of concealing a felony from authorities, arising out of his handling of a 2016 data breach at the company.

CSO 74
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Hive ransomware group claims Partnership HealthPlan of California data breach

CSO Magazine

The Hive ransomware group has claimed to have stolen 850,000 personally identifiable information (PII) records from the Partnership HealthPlan of California (PHC). The PHC has confirmed “anomalous activity on certain computer systems within its network.”

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Security teams report rise in cyber risk

CSO Magazine

If you are like 80% of respondents to the Trend Micro’s biannual Cyber Risk Index (CRI) report, you expect to experience a data breach that compromises customer data in the next 12 months. Get the latest from CSO by signing up for our newsletters. ]. Learn the 7 keys to better risk assessment. |

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Ransomware roundup: System-locking malware dominates headlines

CSO Magazine

As we head into the unofficial start of summer, it does not appear the criminal groups that run ransomware schemes are planning to take any time to rest. Ransomware was all over the infosec news headlines in the past week, with one new report revealing that its presence has grown more in the last year than in the past several years combined.

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Survey: Alarming Number of IT Professionals Told to Conceal Breaches

SecureWorld News

Imagine your company experienced a major data breach, but instead of notifying the appropriate parties and taking necessary actions, you were instructed to keep it quiet! was also leading the list in terms of the percentage of respondents who claimed they'd been told to keep a breach concealed (71%).

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SAFE Security claims to predict data breaches with new generative AI offering

CSO Magazine

These include the likelihood of a business suffering a ransomware attack in the next 12 months and the dollar impact of an attack, the firm added. It does so by answering questions about a customer’s cybersecurity posture and generating likelihoods for different risk scenarios.