Security Boulevard

NOVEMBER 24, 2023

First published by HelpNetSecurity  — Matthew Rosenquist Cybersecurity insurance is a rapidly growing market, swelling from approximately $13B in 2022 to an estimated $84B in 2030 (26% CAGR), but insurers are struggling with quantifying the potential risks of offering this type of insurance.

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CyberSecurity Insiders

SEPTEMBER 16, 2022

According to State of Cloud Security Report compiled by Snyk, over 80% of organizations have suffered cloud security in the past one year and an equal proportion of them have suffered a data breach, but aren’t aware of it due to lack of coordination between teams & policy frameworks, enforcement challenges and budget allotment on time.

Accountability 137

Accountability Cyber Attacks Cyber Risk Data breaches 137

eSecurity Planet

MAY 27, 2021

A report this month from the Government Accountability Office (GAO) found that the number of companies seeking cyber insurance coverage has steadily risen since 2016 and that insurers are increasing the prices of their policies and lowering their coverage limits as the number of cyberattacks rise. In addition, the U.S.

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CyberSecurity Insiders

AUGUST 17, 2021

Pearson, a London based e-textbook publishing firm that supplies software to Schools and Universities has been slapped with a fine of $1 million for misleading investors about a 2018 data breach that witnessed siphoning of millions of student records by hackers.

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Data breaches Education Cyber Risk Cyber Attacks 120

Approachable Cyber Threats

JULY 31, 2023

Our experts break down the new cybersecurity rules from the SEC that are impacting publicly traded companies. If you’re a publicly traded company, you’re required to report cybersecurity events that impact the bottom line to your investors. And you need to do this every year. These are the new requirements approved by the U.S.

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CyberSecurity Insiders

DECEMBER 6, 2021

Like years past, 2021 revealed more of the same for the cybersecurity industry—more breaches, bigger ransomware attacks, higher stakes. These attacks received global attention and spotlighted the need for even more attention on cybersecurity best practices. Understand cybersecurity impacts your bottom line.

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Security Boulevard

MAY 6, 2021

Cybersecurity is not a One-Stop-Shop. But, the issues around cybersecurity are here to stay, and the gas pedal must not be eased – especially with the increased risks associated with continued remote working. The Importance of a Layered Approach Cybersecurity is not a one-stop-shop.

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IT Security Central

JULY 6, 2021

The costs and consequences of a data breach or cybersecurity incident have never been more severe. According to the FBI’s recently released Internet Crime Report 2020, cybercrime resulted in $4 billion in losses last year, a low estimate that still encapsulates the incredible value lost to threats actors.

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CyberSecurity Insiders

FEBRUARY 7, 2022

Safer Internet Day is a reminder for organizations to train and regularly refresh employee awareness around cybersecurity. With regular headlines of the latest cyber-attack occurring, organizations must focus on cybersecurity and using the internet safely. The rise of cyber-attacks and phishing.

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Internet Internet Data breaches Phishing 94

Vipre

OCTOBER 25, 2021

We’ve all heard about big companies getting hit by data breaches — Yahoo , Facebook , Marriott International , and more have notoriously fallen victim to large-scale attacks that rocked news headlines. There are a number of reasons that SMBs find themselves at risk for security breaches.

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CyberSecurity Insiders

DECEMBER 7, 2021

Also, that threat actors, especially state-sponsored, and criminal enterprises would take advantage of the expanding cyber-attack surface by using their resources to employ more sophisticated means for discovering target vulnerabilities, automating phishing, and finding new deceptive paths for infiltrating malware. forbes.com).

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Spinone

NOVEMBER 22, 2018

However, both progressive business environments and modern lifestyles require a permanent presence on the web from organizations and individuals, and users have to increase their cyber security awareness, and this is where the Cybersecurity Landscape data will be helpful. Cyber Risk Management is a business responsibility.

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SecureWorld News

APRIL 17, 2023

When considering adding a cyber insurance policy, organizations, both public and private, must weigh the pros and cons of having insurance to cover against harm caused by a cybersecurity incident. Compliance: Certain industries and jurisdictions require organizations to have cyber insurance or to meet certain cybersecurity standards.

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SiteLock

AUGUST 27, 2021

ATF Executive Investigated for Possible Employee Data Breach. FFIEC Cybersecurity Assessment ‘Tool’ Goes Live. The second part is the assessment on the institution’s cyber risk management, threat intelligence and how it would respond to a cyber-attack.

Cybersecurity 52

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Security Affairs

JUNE 11, 2023

Experts found new MOVEit Transfer SQL Injection flaws The University of Manchester suffered a cyber attack and suspects a data breach Russians charged with hacking Mt. Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

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Security Affairs

MARCH 24, 2024

Cybersecurity US holds conference on military AI use with dozens of allies to determine ‘responsible’ use DFSA’s Cyber Risk Management Guidelines: A Blueprint for Cyber Resilience?

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Malware Cybercrime Hacking Cyber threats 99

Thales Cloud Protection & Licensing

MAY 10, 2022

With businesses becoming more and more digitized, they are exposed to greater cyber risks. And while organizations are taking steps to protect against cyber attacks, cybersecurity controls are not impenetrable. Cyber risk insurance covers the costs of recovering from a security breach, a virus, or a cyber-attack.

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BH Consulting

JANUARY 11, 2022

From ransomware and scams to security frameworks and employee privacy, our 2021 ‘greatest hits’ show how broad the areas of cybersecurity and data protection can be. We begin with a look at a contentious topic: cyber risk insurance. The publicity surrounding the incident raised the profile of cybersecurity nationally.

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IT Security Guru

FEBRUARY 28, 2023

Their loss ratios – total claims plus the insurer’s costs, divided by total premiums earned – are now consistently above 60%, which presents something of an existential threat to the insurance industry, making cyber risk a potentially uninsurable area due to falling profitability.

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BH Consulting

MARCH 21, 2024

Curated advice, guidance, learning and trends in cybersecurity and privacy, as chosen by our consultants. Creeping cyber risk grabbing global headlines Ransomware keeps reminding us of the strong connection between a cybersecurity incident and financial loss. MORE Have you signed up to our monthly newsletter?

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Cyber threats Ransomware Healthcare Risk 69

SC Magazine

MAY 24, 2021

In a report released May 20, the Government Accountability Office looked at how the private cybersecurity insurance market has developed over the past five yearsRich Baich is global chief information security officer for insurance giant AIG. Photo by Spencer Platt/Getty Images).

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Herjavec Group

DECEMBER 15, 2021

Needless to say, in 2021 cybersecurity was front and center for individuals, enterprises, and governments alike. Data breaches and cybersecurity threats were at an all-time high this past year. So let’s take a look at the big challenges, priorities, and trends we saw in cybersecurity over the past year.

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Jane Frankland

AUGUST 3, 2020

What you do need is practical guidance on cybersecurity, and specifically how to defy the odds, seize an opportunity and emerge from today with certainty and strength. So, I’m going to walk you through what I’m seeing cybersecurity leaders do, and two strategies you can use to reimagine cybersecurity without looking like an amateur.

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Spinone

OCTOBER 27, 2020

With each passing year, cybersecurity threats grow more prevalent, advanced, and ominous for your business. IBM’s “ 2019 Cost of a Data Breach Report ” details the costs that come from a data breach as a result of various cybersecurity risks. Eventually, a breach can and will happen.

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Risk Cybersecurity Penetration Testing Data breaches 52

eSecurity Planet

MAY 3, 2022

Databases contain some of the most critical data in enterprises, so vulnerabilities in them are serious issues. Researchers at Singapore-based cybersecurity company Group-IB recently discovered thousands of databases exposed to the internet that could have been exploited when they were left unprotected. Ransomware.

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Social Engineering Internet Internet Risk 127

Jane Frankland

APRIL 28, 2022

It’s a roller coaster of a time to lead, as CIOs, CISOs and CTOs are having to deal with more users, data, devices, technologies, connectivity, mobility, regulations, risks, and threats than they care to. Cyber risks top worldwide business concerns in 2022. million per organisation.

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Duo's Security Blog

OCTOBER 7, 2022

It will be unsurprising that because of this demand, insurers are particularly careful how they build their policies to minimize their risk from large cyber events. This is especially true if the company looking for cover hasn’t taken adequate enough steps to minimize cyber risks itself.

Small Business 71

Small Business Cyber Insurance Insurance Cyber Risk 71

CyberSecurity Insiders

APRIL 1, 2021

By Tony Goulding, Cybersecurity Evangelist at Centrify. The consequences of a data breach can vary greatly depending on the intention of the adversary. Therefore, it is vital to be proactive rather than reactive to reduce these cyber-risks. Some hackers simply aim to cause disruption.

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The Last Watchdog

MAY 12, 2021

A new report from Sophos dissects how hackers spent two weeks roaming far-and-wide through the modern network of a large enterprise getting into a prime position to carry out what could’ve been a devasting ransomware attack. Related: DHS embarks on 60-day cybersecurity sprints. Schiappa. “We Incremental gains are being made.

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Security Boulevard

NOVEMBER 16, 2021

SolarWinds Lawsuit: Only the Beginning Microsoft, Cisco, Deloitte, and even the Cybersecurity and Infrastructure Security Agency (CISA). These are just a handful of the 18,000 or so customers affected by the SolarWinds Orion data breach of 2020, and, nearly two years later, the company continues to handle the fallout from this event. “We

Data breaches 52

Data breaches Cybersecurity Cyber Risk Cyber Attacks 52

Security Boulevard

SEPTEMBER 17, 2022

This tactic is called social engineering and is one of the key methods used in attacks that result in data breaches. These types of "unauthorized access" attacks account for 50% of all data breaches and can cost companies as much as $9.5M Outside of technology, there is the element of human error and risk.

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Social Engineering Education Technology Artificial Intelligence 76

eSecurity Planet

JUNE 30, 2023

By carrying out these scans, you can boost your cybersecurity defenses and keep your company safe from cyber attacks by identifying and addressing vulnerabilities before they are exploited. A vulnerability scan examines both internal and external IT systems to find weaknesses that hackers may take advantage of.

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Security Boulevard

APRIL 9, 2021

A new report has found that more than one in four UK cyber-attacks have been related to the pandemic, and as attackers continue to come up with sophisticated and dangerous methods to attack businesses and individuals, cyber security measures must be prioritised. .

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Cytelligence

FEBRUARY 4, 2020

The acquisition will help Aon expand its current coverages within the cyber market at a time when cyber claims are almost doubling year-over-year. Global cyber insurance premiums are expected to grow from $4 billion in 2018 to $20 billion by 2025. said J Hogg, CEO of Aon Cyber Solutions.

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Spinone

JULY 16, 2020

Insufficient security measures may lead to a data breach, a situation of a company’s data being lost or stolen by hackers. As a result of a data breach, a business suffers severe damage, both financial and reputational. For example, your sensitive data might be stolen or altered.

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Security Affairs

NOVEMBER 14, 2022

The size of the cyber risk to companies cannot be underestimated. To indicate the size of the cyber risk to companies, there is, on average, a cyber-attack every 39 seconds, which does not mean that every attack is successful, but that there is an attempt to access companies’ computer systems with that frequency.

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CyberSecurity Insiders

APRIL 27, 2022

Corporate networks suffered 50% more cyber attack attempts per week in 2021 compared to the previous year, and the number of reported data breaches increased 68% year over year. Companies are recognizing the need to modernize their IT infrastructure to better manage and protect their data.

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