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How Pen Testing can Soften the Blow on Rising Costs of Cyber Insurance

The Hacker News

As technology advances and organizations become more reliant on data, the risks associated with data breaches and cyber-attacks also increase. The introduction of data privacy laws, such as the GDPR, has made it mandatory for organizations to disclose breaches of personal data to those affected.

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Security Affairs newsletter Round 463 by Pierluigi Paganini – INTERNATIONAL EDITION

Security Affairs

France Travail data breach impacted 43 Million people Scranton School District in Pennsylvania suffered a ransomware attack Lazarus APT group returned to Tornado Cash to launder stolen funds Moldovan citizen sentenced in connection with the E-Root cybercrime marketplace case UK Defence Secretary jet hit by an electronic warfare attack in Poland Cisco (..)

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Best 5 Privacy Management Tools for 2024

Centraleyes

consumers would not trust a company with their personal information if it had a data breach According to the above source, 44% blame cyber attacks on a company’s inadequate security measures. Privacy management software tools are the go-to address to navigate these challenges effectively. 66% of U.S.

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After Springhill: Assessing the Impact of Ransomware Lawsuits

eSecurity Planet

Cyber Insurance No Longer Reliable. ” Crockett said unofficial numbers indicate that only about 10 percent of such cyber insurance claims are paid out. ” Crockett said unofficial numbers indicate that only about 10 percent of such cyber insurance claims are paid out. Ransomware Liability.

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SHARED INTEL Q&A: My thoughts and opinions about cyber threats — as discussed with OneRep

The Last Watchdog

Kapczynski Erin: Could you share your thoughts on the role of artificial intelligence, machine learning and the growth of IoT devices in both cyber defense and cyberattacks? Erin: Do you think cyber insurance should play a bigger role in companies’ cybersecurity strategies? Byron: It’s an important risk management tool.

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Episode 212: China’s Stolen Data Economy (And Why We Should Care)

The Security Ledger

But those who are ready to be blasé about breaches may be overlooking the role that leaked and stolen data plays in other, more serious problems such as targeted cyber attacks. Waiting for Federal Data Privacy Reform? A Stolen Data Ecosystem Grows In China. Don’t Hold Your Breath.

CISO 52
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Cybersecurity and Data Protection lessons from a look back at 2021

BH Consulting

There’s plenty of food for thought and perspective for anyone in security leadership or privacy roles in their organisations. We begin with a look at a contentious topic: cyber risk insurance. The blog was inspired by the growing number of organisations coming under pressure to take out insurance cover. Risk vs reward.