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

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

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 102

Malware Cybercrime Hacking Cyber threats 102

SecureWorld News

APRIL 17, 2023

Pros of cyber insurance Financial protection: Cyber insurance can help protect an organization from significant financial losses resulting from a cyberattack or data breach. False sense of security: Having cyber insurance should not be a substitute for investing in strong cybersecurity measures and practices.

Cyber Insurance 95

Cyber Insurance Insurance Risk CISO 95

CyberSecurity Insiders

FEBRUARY 7, 2022

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?

Internet 94

Internet Internet Data breaches Phishing 94

BH Consulting

MARCH 21, 2024

Creeping cyber risk grabbing global headlines Ransomware keeps reminding us of the strong connection between a cybersecurity incident and financial loss. CNN reports that ransomware victims in the US healthcare sector say they’re “haemorrhaging money”, as disruption affects their daily operations.

Cyber threats 69

Cyber threats Ransomware Healthcare Risk 69

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. Be ready for ransomware.

Cybersecurity 105

Cybersecurity Ransomware Security Awareness Technology 105

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 Marketing Cyber Risk 94

Security Boulevard

NOVEMBER 24, 2023

Cyber attackers escalate and adapt quickly, which undermines the historical-based models that insurance companies rely on. Attackers are continually shifting their maneuvers that identify victims, cause increasing loss, and rapidly shift to new areas of impact. The problem is with the nature of the threat.

Insurance 71

Insurance Risk Cyber Insurance Cybersecurity 71

Approachable Cyber Threats

JULY 31, 2023

and then repeat that process for the many other risks that could lower the value of your investment. In the same way, your investors want to know how prepared you are to foresee and mitigate cybersecurity risk events like data breaches, ransomware, and data center outages resulting from cyber attacks.

Cybersecurity 98

Cybersecurity Risk Cyber Risk Data breaches 98

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. Ransomware.

Cybersecurity 78

Cybersecurity IoT Artificial Intelligence Cyber threats 78

Spinone

APRIL 13, 2020

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.

Backups 98

Backups Phishing Ransomware Risk 98

eSecurity Planet

MAY 3, 2022

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.

Social Engineering 128

Social Engineering Internet Internet Risk 128

Approachable Cyber Threats

JULY 31, 2023

and then repeat that process for the many other risks that could lower the value of your investment. In the same way, your investors want to know how prepared you are to foresee and mitigate cybersecurity risk events like data breaches, ransomware, and data center outages resulting from cyber attacks.

Cybersecurity 52

Cybersecurity Risk Cyber Risk Data breaches 52

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

Spinone

NOVEMBER 22, 2018

We covered the cybersecurity landscape including the most high-profile cyber crime statistics: number of attacks, crime targets, cybersecurity spendings, and cyber risk management. Cyber Crime Targets Who are the actors? Cyber Risk Management is a business responsibility.

Cybersecurity 73

Cybersecurity Cyber Risk Marketing Risk 73

CyberSecurity Insiders

APRIL 1, 2021

The consequences of a data breach can vary greatly depending on the intention of the adversary. Others extract valuable personally identifiable information (PII) to sell on the Dark Web, while others look to extort money due to ransomware. Therefore, it is vital to be proactive rather than reactive to reduce these cyber-risks.

Passwords 130

Passwords VPN Data breaches Accountability 130

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. These include: Malware Malvertising Phishing DDoS Ransomware Session hijacking Drive-by attack When Should You Do an External Vulnerability Scan?

Penetration Testing 98

Penetration Testing Network Security Risk Data breaches 98

Herjavec Group

DECEMBER 15, 2021

Data breaches and cybersecurity threats were at an all-time high this past year. The Rise of Ransomware. 2021 saw some of the most damaging ransomware breaches in recent history. While it’s certainly not new, ransomware has seen a steep increase in frequency and sophistication this past year.

Cybersecurity 52

Cybersecurity Digital transformation Ransomware Cyber Risk 52

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.

Backups 98

Backups Accountability Data breaches Passwords 98

Cytelligence

FEBRUARY 4, 2020

Global cyber insurance premiums are expected to grow from $4 billion in 2018 to $20 billion by 2025. According to Aon’s 2019 Global Risk Management Survey , cyber-attacks were identified as a top ten risk facing organizations and is predicted to be one of the top three risks for organizations in 2022. “As

Penetration Testing 45

Penetration Testing Insurance Data preservation Cyber Insurance 45

Security Affairs

NOVEMBER 14, 2022

As the risk of a cyberattack grows, it is pivotal to consider whether the directors of a company hit by a ransomware attack, for example, can bear any liability for negligence in failing to take steps to limit the risk. The size of the cyber risk to companies cannot be underestimated.

Cyber Risk 121

Cyber Risk Insurance Cyber Attacks Risk 121

Spinone

OCTOBER 27, 2020

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. million Healthcare organizations for the 9th year in a row had the highest costs associated with data breaches – $6.45 Yes, they are.

Risk 52

Risk Cybersecurity Penetration Testing Data breaches 52

Spinone

MAY 8, 2020

Coupled with the current pandemic and the cybersecurity threats that have been very prevalent and growing in recent years such as ransomware, there are many different cyber risk types n 2020 that your business needs to prepare for. What are the types of cyber security threats? What Is a Cyber Attack?

Cyber Attacks 78

Cyber Attacks Phishing Backups Ransomware 78

Joseph Steinberg

AUGUST 5, 2021

While leveraging cyber-liability insurance has become an essential component of cyber-risk mitigation strategy, cyber-liability offerings are still relatively new, and, as a result, many parties seeking to obtain coverage are still unaware of many important factors requiring consideration when selecting a policy. .

Insurance 258

Insurance Cyber Insurance Artificial Intelligence Cybersecurity 258

Digital Shadows

NOVEMBER 1, 2022

Lockbit will continue to lead the pack Lockbit are currently the world’s most prolific ransomware group, which can be determined by looking at the activity levels on various groups’ data leak sites. Many groups that have faced law enforcement attention often follow an impactful attack being made against a sensitive target.

Cyber threats 52

Cyber threats Ransomware Media Data breaches 52

Herjavec Group

JULY 29, 2021

While the world transitions out of the pandemic, cyber adversaries have continued to take advantage of the chaos – cyber attacks have skyrocketed and are only becoming more frequent, destructive, and sophisticated. It seems every time we turn on the news there’s been another breach, each bigger than the last.

Cybersecurity 52

Cybersecurity Digital transformation Cyber Attacks Ransomware 52

Spinone

JANUARY 24, 2018

Cyber attacks should be of great concern for businesses of any size in this day and age. Data breaches are reaching epidemic levels, with 46 data records being stolen every second. In fact one of the main causes of data breaches is an unintentional leak due to a careless employee.

Cybersecurity 40

Cybersecurity Data breaches Social Engineering Mobile 40

Zigrin Security

AUGUST 9, 2023

You need to know if your company’s security controls and defenses can withstand a real cyber attack. With this approach, testers act as external hackers to simulate a cyber attack on your network and see what damage could be done. Why wait to see if you can survive an actual cyber attack? Thrill seekers!

Penetration Testing 52

Penetration Testing Cyber Attacks Architecture Risk 52

Privacy and Cybersecurity Law

MAY 18, 2017

On May 17, 2017, the US Securities and Exchange Commission (SEC), through its National Exam Program, issued a “ Risk Alert ” to broker-dealers, investment advisers and investment firms to advise them about the recent “WannaCry” ransomware attack and to encourage increased cybersecurity preparedness.

Cybersecurity 40

Cybersecurity Penetration Testing Risk Cyber Risk 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 120

Network Security Penetration Testing Firewall Antivirus 120

Jane Frankland

JANUARY 12, 2022

Last year, the World Economic Forum (WEF) Global Risk Report , which has been used for more than a decade by organisations around the world as a risk assessment tool, named ‘cybersecurity failure’ as the fourth-most clear and present short-term danger to the global economy. Due to increasing cyber-attacks, they mandated U.S.

Workplace Security 100

Workplace Security Data breaches Cyber Attacks Risk 100

eSecurity Planet

JANUARY 9, 2023

with TruRisk is an enterprise-grade cyber risk management solution. The module provides effective, all-around protection from advanced attacks and ransomware. Web crawling technology covers the entire attack surface, including the network, assets, and the deep web. Qualys VMDR 2.0 Key Differentiators.

Risk 104

Risk Penetration Testing Small Business Software 104

Jane Frankland

DECEMBER 7, 2023

Cybersecurity can often feel like a game of cat and mouse where cyber attackers and defenders engage in a chase, with one party trying to outsmart the other. Just like in previous years, 2024 is set to test practitioners’ skills as the frequency of cyber threats continues to surge leaving no room for complacency.

Cybersecurity 130

Cybersecurity Cyber threats Insurance Artificial Intelligence 130

eSecurity Planet

JANUARY 11, 2022

Most traditional tools used for investigating cyber attacks cannot assess potential impacts on these environments. Read more: Application Security is Key to Stopping Ransomware, Vendor Says. Privafy aims to serve a valuable corner of the market – securing data-in-motion. Best Cloud Security Startups. Acquired by JFrog.

Cybersecurity 142

Cybersecurity Threat Detection Artificial Intelligence Risk 142