The Last Watchdog

DECEMBER 14, 2023

Last Watchdog posed two questions: •What should be my biggest takeaway from 2023, with respect to mitigating cyber risks at my organization? ai Antani Many speculated that the ransomware attack on a Toyota supply chain player in Kojima, Japan was in retaliation for Japan’s aid to Ukraine. Educate your workforce.

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The Last Watchdog

JUNE 2, 2022

Third-Party Risk Management ( TPRM ) has been around since the mid-1990s – and has become something of an auditing nightmare. Related: A call to share risk assessments. This is because third-party risk has become a huge problem for enterprises in the digital age. Cyber risks profiling.

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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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Cyber Insurance Insurance Marketing Cyber Risk 114

SecureWorld News

NOVEMBER 29, 2023

One of Spain's leading hospitals, Hospital Clinic de Barcelona, was hit by a ransomware attack on March 5 of this year that affected its computer systems and forced the cancellation of thousands of appointments and surgeries. Many ransomware attacks today involve exfiltration of victim data," said Dave Monnier, CIO of Team Cymru. "In

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Cyber Attacks Healthcare Ransomware Technology 108

Security Affairs

FEBRUARY 9, 2020

The president of the European Central Bank (ECB), Christine L agarde, is warning that a cyber-attack on a major financial institution could trigger a liquidity crisis. The president of the European Central Bank (ECB), Christine Lagarde, has warned that a coordinated cyber-attack on major banks could trigger a liquidity crisis.

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Duo's Security Blog

JUNE 9, 2022

From these conversations, it is clear cyber liability insurance is steadily rising to the top of the agenda, due to the sheer amount and scale of cyber-attacks hitting firms. So, what is the chief contributor to this hard market from a cybersecurity and threat landscape perspective? Here are my key takeaways.

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Insurance Marketing CISO Cyber Insurance 85

Security Affairs

APRIL 22, 2022

This shift to digital technology has created a new class of digital risks that are constantly evolving and strike faster and often with more severity than traditional risks. Our reliance on digital technology and the inherited risk is a key driving factor for buying cyber risk insurance.

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SecureWorld News

APRIL 17, 2023

Risk management: Cyber insurance policies often require a risk assessment, which can help an organization identify and address vulnerabilities and improve its cybersecurity posture. Having cyber insurance can help ensure compliance with these requirements. Is it required? legal advice, forensic investigators, etc.)

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Security Affairs

MARCH 24, 2024

surfaces in the threat landscape Pokemon Company resets some users’ passwords Ukraine cyber police arrested crooks selling 100 million compromised accounts New AcidPour wiper targets Linux x86 devices.

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Responsible Cyber

APRIL 7, 2020

A recent Chubb SME Cyber Preparedness Survey showed that Singapore SMEs are not prepared for cyber-attacks including most of the small and medium enterprises across Asia Pacific. Nearly two-thirds (63 per cent) of respondents believe they are less exposed to cyber incidents than multinationals.

Marketing 52

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The Last Watchdog

MARCH 10, 2020

A 2018 Cisco Cybersecurity Special Report found that 54 % of all cyber attacks cost the target company more than $0.5 However, smaller companies rarely have the IT talent, tools, or budget to prevent such attacks. Devolutions was established a decade ago and fills a gap in the market. It’s really about offering value.”

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Authentication Risk Digital transformation Passwords 170

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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IT Security Guru

JUNE 28, 2022

Recent research from Hiscox even found that a fifth of businesses across the US and Europe faced insolvency as a direct result of a cyber attack. Unfortunately, transferring traditional insurance models to the cyber-sphere isn’t an easy task. As a result, it’s difficult to gauge how at risk an organisation is.

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Security Affairs

APRIL 5, 2023

For some, a cyber criminal matches some of the Hollywood tropes: a person sitting alone in a dimly lit room, furiously mashing on a keyboard to steal information from a person or company. To address this gap, the JCDC is planning proactive measures for future cyber risks.

Energy and Utilities 75

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SecureWorld News

MAY 26, 2021

New research reveals that a record number of organizations are buying cyber insurance policies as a tool for protecting themselves against cyber risk. However, the cost for those policies is rising dramatically as cyber insurance premiums soar up to 30% vs. the previous year. cyber insurance market and the results are in.

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Security Boulevard

OCTOBER 27, 2022

According to research conducted by Statista, the cybersecurity market is currently worth $159.8 As the number of cyber and IT businesses, tools, and employees has grown, the volume of cyber attacks on businesses of all shapes and sizes has skyrocketed. billion and is expected to grow to $345.4 billion by 2026.

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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. Thanks to the exponential rise in attacks, cyber investment has skyrocketed. Real time data.

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Centraleyes

JANUARY 21, 2024

The Evolving Cyber Threat Landscape The contemporary threat and regulatory landscape have pressed organizations to fortify their cyber-crisis management capabilities. In recent years, a surge in cyber-attacks targeting critical infrastructure has been observed globally. Strengthened supply chain security requirements.

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Cybersecurity Energy and Utilities Cyber threats Risk 110

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.

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The Last Watchdog

JUNE 6, 2022

As their organizations migrate deeper into an intensively interconnected digital ecosystem, CISOs must deal with cyber attacks raining down on all fronts. I had the chance to discuss this with Lori Smith, director of product marketing at Trend Micro. The third capability has to do with mitigating risks. Need a roadmap?

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SecureWorld News

DECEMBER 7, 2022

These algorithms will be able to learn and adapt to changing patterns in cyber threats, allowing them to detect and respond to attacks in real time. This has led to a competitive job market and has made it difficult for businesses to find, hire, and retain the talent they need to protect themselves from cyberattacks.

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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. Spending on Cyber Security Why is the cybersecurity market expanding so rapidly?

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eSecurity Planet

FEBRUARY 2, 2022

Tens of thousands of applications that are critical to the operations of data centers around the globe are exposed to the internet, with many secured with default factory passwords, posing a significant cyber risk to enterprises worldwide. Doing so puts the complete environment at risk of cyber-attack.

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The Last Watchdog

AUGUST 25, 2020

Tech research firm IDC recently named Trend Micro the top supplier of “ hybrid cloud workload security ” systems, with a global market share of 29.5 All year now they’ve been stepping up cyber attacks that leverage and/or exploit the notoriety of the global pandemic in one way or another. Threat actors haven’t missed a beat.

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CyberSecurity Insiders

DECEMBER 28, 2021

Arctic Wolf is one of the fastest-growing cybersecurity companies globally on a mission to end cyber risk. Professional racing and cybersecurity share a commonality in speed and precision—where literal seconds can make or break any outcome,” said Dan Larson, chief marketing officer, Arctic Wolf. “As All Rights Reserved.

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CyberSecurity Insiders

DECEMBER 6, 2021

These attacks received global attention and spotlighted the need for even more attention on cybersecurity best practices. Phishing remains one the most common attack methods among cyber attackers, and the industry agrees that there can never be enough cybersecurity awareness training. Be ready for ransomware.

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Cybersecurity Ransomware Security Awareness Technology 105

Jane Frankland

APRIL 28, 2022

Success comes when an organisation pays attention to them and to the market. 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. The digital skills gap comes at a cost.

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BH Consulting

JANUARY 11, 2022

We begin with a look at a contentious topic: cyber risk insurance. BH Consulting’s Head of Sales and Marketing John Mangan weighed the pros and cons in a thoughtful blog. Risk vs reward. There is an argument that cybersecurity insurance is useful because it makes people think of business risk, not just IT.

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Cybersecurity Insurance Scams Cyber Risk 59

CyberSecurity Insiders

FEBRUARY 3, 2022

Cyvatar is driving an entirely new model of fully managed cybersecurity services that provide our members with the highest levels of cyber risk prevention and effortless cybersecurity through our subscription model. Member experience is crucial to this mission,” said Cyvatar Co-Founder and CEO Corey White.

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SecureWorld News

APRIL 12, 2021

This is because in past instances, a single statement from previous Federal Reserve Chairs have sent the markets racing up or down. Federal Reserve Chairman Statement on Cyber Risk. And then he continued: "But—the world changes, the world evolves, and the risks change as well. The odds of that, are very, very low.

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Cyber Risk Risk CISO Banking 97

Cytelligence

FEBRUARY 4, 2020

Acquisition combines Aon’s industry-leading investment in cyber security with Cytelligence’s unique technical expertise in incident response and digital forensics services to strengthen Aon’s cyber security client value proposition. Global cyber insurance premiums are expected to grow from $4 billion in 2018 to $20 billion by 2025.

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Penetration Testing Insurance Data preservation Cyber Insurance 45

IT Security Guru

JUNE 28, 2022

You may get away with it once or twice but is it really a risk you want to take? There are so many solutions on the market, with different features, benefits and price points that it can be difficult to know where to begin. CSPM also provides educational videos so employees are made aware of how to defend themselves from cyber-attacks.

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Cybersecurity Digital transformation Phishing Cybercrime 76

NopSec

AUGUST 30, 2013

If you are responsible for IT security in the financial services industry, you may have been asked by a regulator to disclose details on your company’s preparedness for cyber-attacks. The article contends that, “the cyber-attacks facing banking institutions continue to evolve at an accelerated rate.”

Insurance 40

Insurance Cyber threats Banking Financial Services 40

Responsible Cyber

NOVEMBER 17, 2021

The above drives the requirement for more cyber awareness within companies operating in Industry 4.0., ensuring that they are well prepared for emerging cyber risks. said Mikko Laaksonen, Technical Information Security Officer, Responsible Cyber. The future of manufacturing operations lies in smart technology.

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Manufacturing Cybersecurity Technology Cyber Attacks 40

Digital Shadows

NOVEMBER 10, 2022

These malicious apps constitute a risk for customers and developers alike—and they can be easily found online using the most common search engines. Since then, several pro-Russian and pro-Ukraine hacktivist groups have conducted a series of cyber attacks to disrupt their adversaries.

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CyberSecurity Insiders

JANUARY 11, 2022

The round brings Pentera’s valuation to $1 billion after only three years in the market since the debut of its automated penetration testing technology. Legacy vulnerability management platforms have given a false sense of security to the market,” said Christian Grant, Senior Vice President, K1 Investment Management. About Pentera.

Marketing 52

Marketing Penetration Testing Software Cyber Attacks 52

CyberSecurity Insiders

JANUARY 11, 2022

The round brings Pentera’s valuation to $1 billion after only three years in the market since the debut of its automated penetration testing technology. Legacy vulnerability management platforms have given a false sense of security to the market,” said Christian Grant, Senior Vice President, K1 Investment Management. About Pentera.

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Marketing Penetration Testing Software Cyber Attacks 52