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Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs

eSecurity Planet

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. COVID-19 Accelerates Attacks.

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Safer Internet Day: The importance of training employees to keep organizations safe

CyberSecurity Insiders

Staying safe online is not just a worry for parents of young children and teenagers – organizations are also constantly at risk from cyber-attacks, which is why training staff to reduce the likelihood of any such attack is crucial. So why is it vital to train employees on cybersecurity and internet risks?

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Over 106m health records exposed in Cybersecurity Incidents

CyberSecurity Insiders

Tenable’s Security Response Team says that in the past 2 months over 56 breaches were disclosed by the end of Feb’2021. As per the researchers, most of the healthcare related data breaches happened because of ransomware that accounted for over 54.95 percent of attacks. percent breaches on a respective note.

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Checklist for Getting Cyber Insurance Coverage

Thales Cloud Protection & Licensing

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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Here’s Why SMBs Need Improved Cybersecurity Now More Than Ever

Vipre

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. Let’s break them down.

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Cyber Security: Work From Home Best Practices

Spinone

The cyber security aspect of working from home is extremely important, as cyber attacks are on the rise. Hackers exploit the transformation in the usual workflow to spread malware and steal users’ data. This new working style requires a clear understanding of data security issues.

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Security Researchers Find Nearly 400,000 Exposed Databases

eSecurity Planet

According to Group-IB, the likelihood of the database systems being used in cybercrime and security breaches is high. A data breach, a follow-up strike on clients whose data was exposed, and other risks may result from an exposed database. Expectations for Security Breaches Run High . Ransomware.