CyberSecurity Insiders

SEPTEMBER 26, 2022

(NYSE: TRV ) today released its 2022 Travelers Risk Index results, and for the third time in four years, the survey found that cyber threats were the top overall concern for business decision makers. Small businesses accounted for the largest increase of cyber policy purchasers, up from 30% to 38% this year.

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Cyber threats Cyber Attacks Risk Data breaches 52

SC Magazine

MAY 24, 2021

Overall, insurance companies seem to be responding to increased demand from clients for cyber-specific insurance, and one survey found that the two things most likely to spur a purchase of cyber insurance are when a business experiences a cyber attack and when they hear about other companies being hit by a cyber attack.

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Cyber Insurance Insurance Cyber Attacks Cyber Risk 94

IT Security Guru

MAY 24, 2023

It helps to protect your organisation, workforce and clients from cyber-attacks. By doing this, you are reducing the chance of identity theft, data breaches, ransomware, and many other types of cyber threats. Your company is legally obliged to try and protect your staff and clients from such attacks.

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Cybersecurity Cyber threats Cyber Attacks Cyber Insurance 49

CyberSecurity Insiders

OCTOBER 27, 2022

Cyber insurance. Cyber insurance is designed to protect businesses from the financial repercussions of a cyber-attack. Cyber insurance has also become a new compliance requirement in many industries, including healthcare, finance, and retail. Cyber insurance can help cover these expenses.

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Cybersecurity Cyber Attacks Cyber Insurance Firewall 105

Security Boulevard

JUNE 8, 2021

It’s important to remember, however, as we slowly transition back into some semblance of normality, that there will be new challenges to face in all facets of life, and the Cyber Security sector is no exception. Human error is still the number one cause of cyber attack and home working could make this even more prominent.

Cyber Attacks 105

Cyber Attacks Cyber threats Cyber Insurance Cybercrime 105

CyberSecurity Insiders

SEPTEMBER 13, 2022

Contrarily, 66% of Chief Information Security Officers (CISOs) felt that their IT infrastructure was super vulnerable to cyber attacks, as they were ill prepared to encounter them- all due to budget constraints. So, experts want the CFOs to stay in a loop with the board to understand the risks and severity involved in cyber attacks.

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Cyber Risk Risk Cyber Attacks CISO 136

SecureWorld News

DECEMBER 7, 2022

These algorithms will be able to learn and adapt to changing patterns in cyber threats, allowing them to detect and respond to attacks in real time. This will put even more pressure on businesses to find and hire the talent they need to protect themselves from cyber threats. Cyber insurance trends in 2023.

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Cybersecurity Cyber threats Cyber Insurance Insurance 92

CyberSecurity Insiders

JANUARY 30, 2023

SAN FRANCISCO–( BUSINESS WIRE )– Coalition , the world’s first Active Insurance provider designed to prevent digital risk before it strikes, today announced the launch of Coalition Insurance Company (CIC), the first full-stack, Active Cyber Insurance carrier.

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Insurance Cyber Insurance Cyber Risk Cyber threats 52

Security Affairs

NOVEMBER 6, 2018

Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. Based on the risk score, CryptoIns experts have calculated insurance rates for cryptocurrency exchange users who can now insure their accounts against cyber threats.

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Cyber threats Cryptocurrency Insurance Cyber Attacks 79

CyberSecurity Insiders

JANUARY 6, 2023

2022 clearly demonstrated that attacks on data represent the greatest cyber-threat organizations face. The attack pace not only continued, it accelerated. Many of these attacks took advantage of known vulnerabilities and security misconfigurations in storage and backup systems. Insurance Refusals and Rate Hikes.

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Backups Ransomware Cyber threats Cyber Attacks 145

CyberSecurity Insiders

OCTOBER 4, 2022

Safe Security’s team of data scientists, cyber threat intelligence and financial risk analysts have spent the last three years developing this calculator. The industry requires a new way to maximize the impact of cyber investments, and Safe Security’s ROSI Calculator is an innovative tool to address this need.

Cybersecurity 52

Cybersecurity Cyber Risk Cyber Attacks Cyber Insurance 52

CyberSecurity Insiders

DECEMBER 18, 2022

The hijacking of computer resources to mine cryptocurrencies is one of the fastest growing types of cyber-threats globally. Cyber security is a boardroom issue, but with growing economic uncertainty, organizations are being forced to make tough decisions as they plan 2023 budgets.

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Cybersecurity CISO Ransomware Cyber threats 126

Malwarebytes

OCTOBER 19, 2022

To make this possible you’ll need comprehensive, recently tested, backups that are both offline and offsite, beyond the reach of your attackers. A muli-layered approach to cyber attack prevention. Check out the resources below to learn more about what options are available for SMBs to fight and recover from cyber attacks.

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Ransomware Passwords Cyber Attacks Cyber threats 70

eSecurity Planet

APRIL 6, 2023

Lapsus$ was responsible for a destructive run of cyber attacks in early 2022, hitting some high-profile tech companies. Conti Around 20% of attacks in early 2022 were from Conti, the group behind the 2021 Irish health services attack. The first ransomware attack took place in 1989.

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Ransomware Encryption Backups Cybersecurity 83

CyberSecurity Insiders

JANUARY 5, 2022

This alliance will allow the healthcare system to reduce its risk of a cyber-attack and help them achieve its cybersecurity goals. “We The cost of these cyber events is rising sharply with cyber insurance premiums and compliance requirements increasing.

Cyber Attacks 52

Cyber Attacks Cybersecurity Healthcare Cyber threats 52

CyberSecurity Insiders

JANUARY 5, 2023

The attackers encourage the recipients to pressure the affected companies to make the payment quickly. Although ransomware is a trend in the world of cyber-attacks, hackers are not always successful in obtaining the ransom. Do not reveal whether or not you have cyber insurance.

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Ransomware Encryption Cybersecurity Backups 127

The Last Watchdog

SEPTEMBER 20, 2019

However, at this moment in history, two particularly worrisome types of cyber attacks are cycling up and hitting local government entities hard: ransomware sieges and election tampering. Related: Free tools that can help protect elections I had a deep discussion about this with Todd Weller, chief strategy officer at Bandura Cyber.

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Ransomware Firewall Government Cyber threats 117

eSecurity Planet

JUNE 1, 2021

“Using legitimate infrastructure is typically the ultimate goal for any attacker, so this was a bonus for Nobelium,” Sean Nikkel, senior cyber threat intel analyst at cybersecurity vendor Digital Shadows, told eSecurity Planet. ” Further reading: Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs.

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Phishing Cybersecurity Cyber Attacks Identity Theft 72