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Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs

eSecurity Planet

The explosion of ransomware and similar cyber incidents along with rising associated costs is convincing a growing number of insurance companies to raise the premiums on their cyber insurance policies or reduce coverage, moves that could further squeeze organizations under siege from hackers.

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Checklist for Getting Cyber Insurance Coverage

Thales Cloud Protection & Licensing

Checklist for Getting Cyber Insurance Coverage. As cyber criminals mature and advance their tactics, small and medium businesses become the most vulnerable because they lack the capacity – staff, technology, budget - to build strong cyber defenses. The necessity for cyber-insurance coverage.

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Ransomware: Number One Cyber Insurance Claim

SecureWorld News

Trends of cyber insurance claims for 2020. Coalition, a cyber insurance company, recently released a report detailing the categories of cyber attacks as well as the cause behind the attacks for the first half of 2020. The number one type of cyber incident so far this year is ransomware.

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Staying Ahead of the Distortion of a Cyber Attack?

Security Boulevard

Staying Ahead of the Distortion of a Cyber Attack? One of the most sacred responsibilities of all cybersecurity professionals is protecting information. Each firewall, IDS, MFA, and email security is built to protect and stop cyber attacks. However, do most cybersecurity attacks happen the way it is portrayed?

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Has ESG Become aWake-Up Call for Cybersecurity?

Security Boulevard

Has ESG Become aWake-Up Call for Cybersecurity? Even with ransomware costing billions of dollars in losses and cyber insurance claims, organizations are still impacted beyond the checkbook. Cyber incidents happen every day. These attacks have driven the cost of cyber insurance premiums higher.

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Cybersecurity for Nonprofits: Cost-Effective Defense Strategies

SecureWorld News

Battling cybersecurity threats can often feel like an uphill struggle. Nonprofits often juggle tight budgets and unique operational demands, making it even more difficult to keep sensitive information safe—but here's the thing: you don't need a fortune to build a strong defense against the possible cyber threats out there.

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Cybersecurity threats: what awaits us in 2023?

SecureList

Every year, Kaspersky experts prepare forecasts for different industries, helping them to build a strong defense against any cybersecurity threats they might face in the foreseeable future. While supply-chain is a big challenge for business right now, its cybersecurity is not merely an issue, it’s a major problem.