Thales Cloud Protection & Licensing

MAY 10, 2022

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.

Cyber Insurance 77

Cyber Insurance Insurance Cyber Attacks Cyber Risk 77

SC Magazine

JUNE 28, 2021

The rise of the cyber insurance has largely failed to promote better cybersecurity practices among the industries they cover, according to a new report released Monday from British security think tank RUSI. However, in practice, it is still yet to be seen if cyber insurance can fulfil this promise.”.

Cyber Insurance 136

Cyber Insurance Insurance Ransomware Cybersecurity 136

Duo's Security Blog

OCTOBER 7, 2022

Small business cyber insurance: Is it really needed? However, according to Security Magazine , 43% of all cyberattacks target small businesses, and 60% of all small business victims of a data breach permanently close their doors within six months of the attack.

Cyber Insurance 97

Cyber Insurance Small Business Insurance Cyber Risk 97

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.

Cyber Insurance 94

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.

Cybersecurity 49

Cybersecurity Cyber threats Cyber Attacks Cyber Insurance 49

CyberSecurity Insiders

OCTOBER 27, 2022

The average cost of a data breach will continue to rise, which means companies need to start planning accordingly. Cyber insurance. Cyber insurance is designed to protect businesses from the financial repercussions of a cyber-attack. Cyber insurance can help cover these expenses.

Cybersecurity 105

Cybersecurity Cyber Attacks Cyber Insurance Firewall 105

Joseph Steinberg

AUGUST 5, 2021

Likewise, if you purchase appropriate first-party insurance, your insurance policy should cover the relevant losses – as the losses are borne directly by the policyholder (your business). iBynd also has a first-of-its-kind Personal Cyber Insurance offering that it delivers directly to consumers through CyberInsurancePlus.com.

Insurance 147

Insurance Risk Data breaches Cybersecurity 147

Joseph Steinberg

AUGUST 5, 2021

Likewise, cyber insurance policies for individuals are starting to appear in the marketplace. Remember, a cyber-insurance policy is a legal contract – it is absolutely essential that policyholders adhere to policy requirements or they may find their otherwise valid claims denied should a cybersecurity incident occur.

Insurance 264

Insurance Cyber Insurance Cybersecurity Ransomware 264

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. Notable data breaches took place at Microsoft, News Corp., Insurance Refusals and Rate Hikes. But not insurance companies.

Backups 145

Backups Ransomware Cyber threats Cyber Attacks 145

Security Boulevard

MAY 12, 2022

Predictable recovery after cyber attacks helps organizations with lessons learned along with driving a business case for more investment from the board of directors. What Is Not Covered Under Cyber Insurance? For organizations seeking cyber insurance, the road for predictable security runs in parallel.

Cyber Insurance 105

Cyber Insurance Cybersecurity Firewall Phishing 105

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. Of those who said their company had suffered a data breach or cyber event, 71% have been a victim more than once.

Cyber threats 52

Cyber threats Cyber Attacks Risk Data breaches 52

Malwarebytes

JANUARY 26, 2022

Due to the evolving and growing impact of cybersecurity incidents there are some questions starting to arise about the way that insurance companies deal with the costs that are the results of such incidents. But cyber insurance comes in different flavors and sizes. Lloyd’s of London.

Cyber Insurance 87

Cyber Insurance Ransomware Insurance Data breaches 87

SecureWorld News

NOVEMBER 12, 2020

Sometimes when you are down in the cyber attack trees defending your organization, it can be tough to see the cyber threat forest. And now we have brand new research coming from the EU which unpacks the top cyber threats as they stand now. What are the top cyber threats right now? Data Breach.

Cyber threats 107

Cyber threats Cyber Attacks Malware Ransomware 107

Malwarebytes

SEPTEMBER 14, 2022

5 technologies that help prevent cyber attacks for SMBs (ranked in order of importance). Bonus: Cyber insurance. Let’s say your business has just suffered a data breach and it’s time to dig deep in your pockets to pay all the resulting expenses. OK, it’s not a technology, but hear me out.

DNS 65

DNS Cyber Insurance Technology Malware 65

Security Boulevard

MAY 11, 2022

Cyber-attacks are becoming more sophisticated and devastating, especially for small and medium enterprises (SMEs). With ransom demands rising and the cost of data breaches soaring, businesses are investing heavily in building their cyber defenses. However, cybersecurity is not bullet-proof.

Cyber Risk 52

Cyber Risk Authentication Insurance Risk 52

Thales Cloud Protection & Licensing

FEBRUARY 15, 2023

The problem is that businesses are not yet aware of double or triple extortion ransomware and how these tactics can affect their data protection strategies. Any organization that directly holds vast amounts of data or holds client, supplier, or partner information is vulnerable to double extortion attacks.

Ransomware 71

Ransomware Encryption Cyber Attacks Cyber Insurance 71

SecureList

NOVEMBER 9, 2022

Given the continued surge of ransomware attacks, which soared 288% in the first half of 2022 alone, the need for cyber insurance will be a bigger priority, especially in the SMB market. Yet, in addition to cyber insurance, companies will need a designated DR or RR (Rolling Recovery) plan.

Cybersecurity 121

Cybersecurity Ransomware Cybercrime DDOS 121

Spinone

DECEMBER 8, 2016

Cybersecurity is often overlooked by small business, but over 60% of cyber attacks are targeted at small to medium-sized businesses. This can also be one of the reasons behind insufficient security practices with many businesses not realising the full effect of a data breach or ransomware attack until it is too late.

Insurance 40

Insurance Cyber Attacks Data breaches Backups 40

eSecurity Planet

MARCH 17, 2023

Breach and Attack Simulation Product Guide Top 20 Breach and Attack Simulation (BAS) Vendors Penetration Testing Penetration testing is a tried-and-true method of cyber attack simulation. This kind of software helps companies to clearly define policies and how they relate to compliance postures.

Network Security 108

Network Security Penetration Testing Firewall Encryption 108

Cytelligence

FEBRUARY 4, 2020

The 2019 Cybersecurity Almanac published by Cisco and Cybersecurity Ventures predicts that cyber events will cost $6 trillion annually by 2021, as companies are digitizing most of their processes and are often operating remotely. Global cyber insurance premiums are expected to grow from $4 billion in 2018 to $20 billion by 2025.

Penetration Testing 45

Penetration Testing Cyber Attacks Cyber Insurance Ransomware 45

ForAllSecure

MAY 17, 2023

Chris Gray of Deep Watch talks about the view from the inside of a virtual SOC, the ability to see threats against a large number of SMB organizations, and the changes to cyber insurance we’re seeing as a result. cyber insurance as a whole was changing heavily. And why is that? It started off pretty easy to get.

Internet 40

Internet Internet Cyber Insurance Insurance 40

eSecurity Planet

JANUARY 11, 2022

Most traditional tools used for investigating cyber attacks cannot assess potential impacts on these environments. With graph-based analytics into existing relationships, the startup’s solutions help visualize prospective attack routes so clients can prioritize sensitive remediation within their cloud stack. Cowbell Cyber.

Cybersecurity 140

Cybersecurity Threat Detection Encryption Risk 140