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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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Cyber-Liability Insurance 101: First Party Vs. Third Party Risks

Joseph Steinberg

Third-party insurance policies may include coverage, therefore, for the costs of defending lawsuits from parties who claim that their data was compromised as a result of your business’s failure to properly protect it, as well as the costs of court verdicts or settlements resulting from such lawsuits.

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Ransomware Protection in 2021

eSecurity Planet

A ransomware attack is about as bad as a cyber attack can get. It can shut down your business – in the case of healthcare organizations that can be life-threatening for patients – damage your reputation with customers and employees, and invite further attacks as cybercriminals view your organization as an easy mark.

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USAID Email Phishing Campaign Shows Supply Chain Threats Continue

eSecurity Planet

The combination of the SolarWinds breach and now that of USAID makes clear that supply chain attacks are key to Nobelium’s overall cyberespionage efforts, Microsoft’s Burt wrote. In addition, the COVID-19 pandemic drove a rapid shift to remote work , which fueled the demand for more outside help and cloud services.

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Top Cybersecurity Startups to Watch in 2022

eSecurity Planet

This article looks at the top 40 cybersecurity startups to watch in 2022 based on their innovations in new and emerging technologies, length of operation, early funding rounds, scalability, and more. Most traditional tools used for investigating cyber attacks cannot assess potential impacts on these environments. Cowbell Cyber.