eSecurity Planet

MAY 27, 2021

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. In addition, the U.S.

Cyber Insurance 128

Cyber Insurance Insurance Cyber Attacks Ransomware 128

The Last Watchdog

DECEMBER 14, 2023

Here’s the final installment of leading technologists sharing their observations about cybersecurity developments in the year that’s coming to a close — and the year to come. Last Watchdog posed two questions: •What should be my biggest takeaway from 2023, with respect to mitigating cyber risks at my organization?

Cybersecurity 234

Cybersecurity Marketing Encryption CISO 234

SecureWorld News

DECEMBER 6, 2023

In a groundbreaking move, New York Governor Kathy Hochul has unveiled a comprehensive cybersecurity strategy that aims to safeguard the state's critical infrastructure, specifically its healthcare sector.

Cyber Attacks 80

Cyber Attacks Healthcare Computers and Electronics Financial Services 80

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.

Cybersecurity 98

Cybersecurity Risk Cyber Risk Data breaches 98

The Security Ledger

MAY 8, 2022

A cyber attack has disrupted the operations of AGCO/Fendt, a major manufacturer of agricultural equipment, the company has acknowledged. The post Cyber Attack Halts Production at Ag Equipment Maker AGCO Fendt appeared first on The Security Ledger with Paul F. The company first ack[link] the attack on Thursday, May 5.

Cyber Attacks 40

Cyber Attacks Manufacturing Cyber Risk Ransomware 40

The Security Ledger

MAY 3, 2022

The bad news: those same remote access features could be used to launch crippling, large scale attacks on US farms. The post Feel Good Ukraine Tractor Story Highlights Ag Cyber Risk appeared first on The Security Ledger with Paul F. Jim Langevin on Cyber Policy in an Age of Political Polarization.

Cyber Risk 40

Cyber Risk Risk Cyber Attacks Healthcare 40

CyberSecurity Insiders

MARCH 15, 2021

In a recent survey conducted by Cybersecurity Firm Tenable, over 106 million healthcare records were exposed to hackers during the time of past 14 months. As per the researchers, most of the healthcare related data breaches happened because of ransomware that accounted for over 54.95 percent of attacks.

Cybersecurity 80

Cybersecurity Healthcare Data breaches Cyber Attacks 80

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.

Insurance 70

Insurance Risk Cyber Insurance Cybersecurity 70

CyberSecurity Insiders

JANUARY 11, 2023

Although such automated tools help to cut down cyber risks, they also create complex visibility hiccups because of a shortage for the trained workforce. Latest attack on Classification Society DNV software stands as a best example.

Software 126

Software Cyber Attacks Cyber Risk Ransomware 126

Cytelligence

AUGUST 8, 2023

Understanding the cost of cybersecurity breaches is crucial for small business owners to highlight the importance of a cybersecurity audit and the role of ransomware services in safeguarding their operations and reputation. Cyber attackers find small businesses an attractive target for several reasons.

Small Business 52

Small Business Cybersecurity Cyber threats Ransomware 52

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.

Cybersecurity 105

Cybersecurity Ransomware Security Awareness Technology 105

SecureWorld News

AUGUST 25, 2021

Ransomware. Ransomware. Ransomware. It seems to be in every headline and on every cybersecurity professional's mind. How am I protecting my organization from an attack? But in the world of emerging ransomware perspectives, some argue it could be more about bad luck. Should ransomware payments be banned?

Ransomware 79

Ransomware Insurance Cyber Insurance Cyber Risk 79

CyberSecurity Insiders

SEPTEMBER 16, 2022

The report that was compiled after taking the response of over 400 cloud engineers and security analysts concluded that their cloud platforms suffered a variety of attacks in the past 12 months and that includes incidents related to ransomware, crypto mining malware attacks, infiltrations and breaches.

Accountability 137

Accountability Cyber Attacks Cyber Risk Data breaches 137

SecureWorld News

OCTOBER 22, 2021

This is the year that cybersecurity and cybercrime really hit home on Mainstreet. More attacks, more real-world impacts, and more headlines. And now CISOs and security teams are getting some surprise mainstream exposure from comedians as they turn cyber headlines into security punchlines. It was very productive. 1-2-3-4-5-6-7!".

Cybersecurity 82

Cybersecurity Passwords Cybercrime Hacking 82

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. .”

Cybersecurity 78

Cybersecurity IoT Artificial Intelligence Cyber threats 78

Hacker Combat

JUNE 2, 2022

ransomware to conduct the cyber-attack, the hackers threaten to expose stolen files unless the company pays a ransom. The ransomware gang demanded over $34 million in bitcoin to be paid as ransom. How to Recognize a Ransomware Attack. How to Prevent Ransomware Attacks. using the LockBit 2.0

Ransomware 108

Ransomware Manufacturing Antivirus Cyber Risk 108

Security Boulevard

AUGUST 22, 2022

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. Attacks on the rise. Cyber incidents happen every day. These attacks have driven the cost of cyber insurance premiums higher.

Cybersecurity 98

Cybersecurity Cyber Insurance Insurance CISO 98

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.

Cybersecurity 52

Cybersecurity Risk Cyber Risk Data breaches 52

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.

Ransomware 153

Ransomware Hacking Firewall Digital transformation 153

Security Affairs

APRIL 11, 2021

Fitch Ratings published an alert last week to warn of the “material risk” to water and sewer utilities caused by cyber attacks that could also impact their ability to repay debt. The expenses to mitigate a cyber-attack could impact the ability of the utilities of paying their debt. ” concludes the alert.

Risk 115

Risk Cyber Risk Cyber Attacks Government 115

The Security Ledger

OCTOBER 18, 2021

Eric Goldstein, Executive Assistant Director for Cybersecurity for the Cybersecurity and Infrastructure Security Agency (CISA), says the agency is all about helping companies and local government to keep hackers at bay. The post Episode 228: CISA’s Eric Goldstein on being Everyone’s Friend in Cyber. Read the whole entry. »

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Government Cyber Risk Cybersecurity CISO 98

SecureWorld News

DECEMBER 7, 2022

As the world becomes increasingly reliant on technology, cybersecurity remains a top priority for individuals, businesses, and governments alike. From advancements in artificial intelligence (AI) to the continued evolution of ransomware and cyberattacks, the coming year is sure to bring significant developments in the world of cybersecurity.

Cybersecurity 89

Cybersecurity Cyber Insurance Insurance Social Engineering 89

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.

Cyber Insurance 77

Cyber Insurance Insurance Cyber Risk Authentication 77

SecureWorld News

FEBRUARY 6, 2024

Cleaning giant Clorox was struck by an unspecified cyber event discovered in August 2023. The incident disrupted operations so severely that the company reverted to manual ordering and processing as a containment measure—a response indicating ransomware, experts say. Guenther suggests that their cybersecurity programs were outmatched.

Insurance 90

Insurance Cyber Insurance Cyber Risk Cyber threats 90

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 Crime Targets Who are the actors?

Cybersecurity 73

Cybersecurity Cyber Risk Marketing Risk 73

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. The UK outsourcing provider Capita said £25.3

Cyber threats 69

Cyber threats Ransomware Healthcare Risk 69

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. Lessons hard learned from a ransomware infection.

Cybersecurity 59

Cybersecurity Insurance Scams Cyber Risk 59

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.

Cyber Insurance 114

Cyber Insurance Insurance Marketing Cyber Risk 114

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.

Social Engineering 95

Social Engineering Data breaches Ransomware Cybercrime 95

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.

Cybersecurity 52

Cybersecurity Digital transformation Ransomware Cyber Risk 52

The Security Ledger

JUNE 20, 2022

The post Episode 239: Power shifts from Russia to China in the Cyber Underground appeared first on The. Related Stories Feel Good Ukraine Tractor Story Highlights Ag Cyber Risk Episode 238: Robots Are The Next Frontier In Healthcare Cyber Risk Episode 236: Cyberwar Takes A Back Seat In Ukraine (For Now).

Cyber Risk 98

Cyber Risk Government Healthcare Hacking 98

Responsible Cyber

APRIL 8, 2020

Small and mid-sized enterprises (SMEs) are increasingly at risk of cyber-attacks, and often serve as a launch pad for larger threat campaigns, according to Cisco’s 2018 SMB Cybersecurity Report. Humans remain the biggest and most common cybersecurity threat to businesses of all sizes.

Cybersecurity 98

Cybersecurity DDOS Small Business Phishing 98

CyberSecurity Insiders

JUNE 25, 2022

As the threat of cyber-attacks continues to increase exponentially, a debate has erupted over the years, leaving organizations to choose between two sides. But now we’ve reached a whole new level of cyber-attacks. As it stands, ransomware remains the biggest threat to organiszations. It’s not one or the other.

Risk 137

Risk Cyber Attacks Cybersecurity Ransomware 137

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.

Cyber Insurance 96

Cyber Insurance Insurance Risk CISO 96

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).

Cyber Insurance 94

Cyber Insurance Insurance Marketing Cyber Risk 94

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.

Internet 94

Internet Internet Data breaches Phishing 94

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?

Malware 106

Malware Cybercrime Hacking Cyber threats 106