Security Boulevard

JULY 30, 2022

Staying Ahead of the Distortion of a Cyber Attack? Each firewall, IDS, MFA, and email security is built to protect and stop cyber attacks. A company’s loss of control over its business practices may lead to various risks, which cybercrim­inals quickly exploit. Seeing the truth ahead of the distortion layer.

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Cyber Attacks Artificial Intelligence Education Cyber Insurance 110

The Last Watchdog

MAY 16, 2022

This complexity can be compounded by the effects of world events like COVID-19 or a war, resulting in manufacturing slowdowns and lockdowns. Such events have led to parts shortages that force the use of older and less-secure replacement parts to meet schedules, which emphasizes the need for innovation and for additional suppliers.

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Cyber Attacks Firmware Artificial Intelligence Manufacturing 273

The Last Watchdog

FEBRUARY 21, 2022

The risks are real, and the impact of cybersecurity events continues to grow. A cyber catastrophe may seem inevitable, but there are basic practices and actionable steps any healthcare organization can take to begin reducing the clear and present risk of being impacted by a cybersecurity event. Scheduling?

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Healthcare Cyber Attacks Education Social Engineering 214

SecureWorld News

DECEMBER 27, 2022

Cyber is the risk to watch, according to a Financial Times article in which insurer Zurich's top executive is quoted. What will become uninsurable is going to be cyber,” said Mario Greco, CEO at Zurich, one of Europe's biggest insurance companies, in the Dec. 26 article.

Insurance 71

Insurance Cyber Attacks Cyber Insurance Marketing 71

Security Affairs

AUGUST 26, 2023

In response to this event, we’ve taken quick and determined steps to reduce potential risks. The issue had an impact on a specific portion of our cloudbased infrastructure leading to downtime for a small number of cloud customers. This includes temporarily disabling certain critical systems impacting the Customer Portal.”

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Security Boulevard

MARCH 3, 2021

In this part of the blog series on the connection between cybersecurity and insurance, we go through a real-life situation that demonstrates how insurance policies may or may not provide you the necessary coverage in the event of a cyber-attack. A Standalone Cyber Insurance Policy Isn’t Enough As discussed in our previous blog, a.

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Insurance Cyber Attacks Cyber Insurance Cybersecurity 105

Cytelligence

MARCH 3, 2023

As technology continues to advance, so do the risks of cyber attacks. It has become increasingly important for businesses of all sizes to protect themselves from cyber threats. From small businesses to large corporations, no company is safe from a cyber attack.

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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. The problem is with the nature of the threat.

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Insurance Risk Cyber Insurance Cybersecurity 72

eSecurity Planet

MAY 28, 2024

Cloud security issues refer to the threats, risks, and challenges in the cloud environment. Threats are active attacks that target system weaknesses. Risks include potential damage from cyber threats and vulnerabilities. Challenges are gaps and barriers to attaining good security.

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Risk Cloud Migration DDOS Encryption 67

eSecurity Planet

MARCH 7, 2022

A SaaS security company says a spike in cyber attacks from Russia and China in recent weeks suggests the two countries may be coordinating their cyber efforts. “The vast volumes of data analyzed suggests these countries may even be coordinating attack efforts. Guest Accounts, File Sharing Are Risks.

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Cyber Attacks Accountability Risk Network Security 132

Joseph Steinberg

AUGUST 5, 2021

One of the important concepts about which people must be aware when evaluating their cybersecurity postures and related liabilities, but which, for some reason, many folks seem to be unaware, is the difference between first-party risks and third-party risks. First-Party Risks And Coverage. Third-Party Risks And Coverage.

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Insurance Risk Data breaches Artificial Intelligence 141

SecureWorld News

DECEMBER 4, 2023

Develop a cybersecurity incident response plan: Real estate companies should develop a comprehensive cybersecurity incident response plan that outlines the steps to be taken in the event of a cyberattack. The disappearance of FNF's listing from the ransomware group's website could imply that a ransom was paid, although this is not confirmed."

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Cyber Attacks Insurance Ransomware Education 96

eSecurity Planet

JANUARY 18, 2024

When assessing the overall security of cloud storage and choosing a solution tailored to your business, it helps to determine its features, potential risks, security measures, and other considerations. CSP collaboration improves the security environment where there’s a need to mitigate the emerging risks quickly and comprehensively.

Risk 122

Risk Backups Encryption DDOS 122

Security Affairs

APRIL 11, 2021

Fitch Ratings is warning that cyberattacks could pose a risk to water and sewer utilities potentially impacting their ability to repay debt. 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.

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Risk Cyber Risk Cyber Attacks Government 109

IT Security Guru

AUGUST 17, 2023

The 2023 Edition of the National Risk Register predicts that, in the next two years, there is a 5 to 25% chance that a devastating attack will target critical infrastructure and cause physical harm. In the event of a worst-case scenario, a cyberattack could disrupt the gas infrastructure to the extent that the entire system could fail.

Risk 98

Risk Healthcare Passwords Government 98

Security Affairs

DECEMBER 13, 2023

A Joint Committee on the National Security Strategy (JCNSS) warns of the high risk of a catastrophic ransomware attack on the UK government. The British government is accused of failing to mitigate the risk of ransomware attacks. The UK has the dubious distinction of being one of the world’s most cyber-attacked nations.

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Ransomware Risk Government Cyber threats 93

CyberSecurity Insiders

JUNE 21, 2021

Yet, especially in industries like fintech, a breach of customer information could be an unfortunate risk that shuts the operation down before it begins. Further, a platform that helps companies meet risk and compliance requirements allows fintech businesses to bring digital purchasing experiences to market without the headaches.

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Cyber Attacks Data breaches Marketing Risk 144

The Last Watchdog

JUNE 1, 2020

Enterprise risk management (ERM) is a comparatively new corporate discipline. As part of its role promoting cybersecurity best practices, the National Institute of Standards and Technology ( NIST ) has stepped forward to make sure cyber exposures become part and parcel of evolving ERM frameworks. We had a most lively discussion.

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Cyber Risk Risk Insurance Cybersecurity 199

eSecurity Planet

MAY 27, 2021

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. Insurers Assessing Risks.

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Cyber Insurance Insurance Cyber Attacks Ransomware 126

eSecurity Planet

OCTOBER 12, 2023

Cyber attackers frequently use legacy technology as part of their attack strategies, targeting organizations that have yet to implement mitigations or upgrade obsolete components. In an Active Directory environment, one such component is legacy protocols, which attackers can use to gain access to Active Directory.

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Risk Authentication Encryption Cybersecurity 142

CyberSecurity Insiders

APRIL 29, 2022

Let us now see how you can make the best use of ITAM to minimize cyber attacks. Here is a rundown of the benefits of an asset management software in cutting down cyber-related threats. Identify assets and their associated risks. IoT devices could be used like botnets so as to execute DDoS attacks. . .

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Cyber Risk Software Risk IoT 122

Security Affairs

FEBRUARY 8, 2024

26 key cyber security stats for 2024 that every user should know, from rising cyber crime rates to the impact of AI technolog y. Cyber Crime Surge: During COVID-19 , cyber crimes shot up by 600%, showing how threats adapt to global changes. Phishing Attacks: Phishing is the top cyber attack, causing 90% of data breaches.

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Social Engineering Cyber Attacks Cyber Insurance IoT 118

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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Cyber Insurance Insurance Risk Technology 79

Security Boulevard

APRIL 1, 2024

Threat Overview On March 19, 2024, CISA, along with other participating agencies, released a joint Fact Sheet warning executive leaders in the critical infrastructure sector that Volt Typhoon has strategically pre-positioned itself to conduct cyber attacks against US infrastructure.

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Threat Reports Cyber Attacks Risk 64

Security Boulevard

AUGUST 31, 2021

Regulatory professionals must be assured compliance controls will remain uncompromised by the constant change to production and heavy dependence on outdated technology that introduces considerable risk - even one erroneous line of code or the introduction of a new vulnerability could make an application break compliance. Want to learn more?

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Risk Data breaches Healthcare Financial Services 114

CyberSecurity Insiders

MAY 26, 2021

A team of experts from the cyber arm of Congress is busy studying the costs involved when the critical infrastructure is targeted by cyber attacks. The post Congress to review Federal Cyber Terrorism Risk Insurance Program appeared first on Cybersecurity Insiders.

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Insurance Risk Cyber Insurance Cyber Attacks 78

Security Affairs

MARCH 14, 2022

While the Russia-Ukraine cyber conflict goes on, nation-state actors, crooks, and hacktivists continue to pose critical infrastructure at risk. Critical infrastructure is a privileged target for almost any kind of threat actor, the ongoing Russia-Ukraine cyber conflict is posing them at risk. ” concludes the report.

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Risk Hacking Cyber Attacks Financial Services 92

Centraleyes

JANUARY 11, 2024

Many organizations tend to adopt a reactive approach to managing risks. They often wait until a high-profile event, a significant news story, or regulatory changes demand a reassessment of their existing risk management structures. This reactive strategy takes a terrible risk.

Software 52

Software Risk Insurance Technology 52

eSecurity Planet

JANUARY 12, 2021

Protecting your organization from IT security risks is an ongoing, fluid task. As a savvy tech leader, you are likely hyperfocused on performing security risk audits to keep your networks strong and protected. Components of Security Risk Assessments. Risk assessment : A risk assessment quantifies what you have to lose (i.e.,

Risk 67

Risk Penetration Testing Cyber Risk Cyber Attacks 67

Security Affairs

DECEMBER 31, 2023

INC RANSOM ransomware gang claims to have breached Xerox Corp Spotify music converter TuneFab puts users at risk Cyber attacks hit the Assembly of the Republic of Albania and telecom company One Albania Russia-linked APT28 used new malware in a recent phishing campaign Clash of Clans gamers at risk while using third-party app New Version of Meduza (..)

Artificial Intelligence 98

Artificial Intelligence Cyber Attacks Malware Ransomware 98

The Last Watchdog

MARCH 14, 2023

A new report from the Bipartisan Policy Center ( BPC ) lays out — in stark terms – the prominent cybersecurity risks of the moment. The BPC’s Top Risks in Cybersecurity 2023 analysis calls out eight “top macro risks” that frame what’s wrong and what’s at stake in the cyber realm. Related: Pres.

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Cybersecurity Data privacy Risk Government 209

Security Affairs

APRIL 21, 2020

The security researcher Pedro Ribeiro, Director of Research at Agile Information Security, has published details about four zero-day vulnerabilities affecting the IBM Data Risk Manager (IDRM) after the company refused to address the issues. SecurityAffairs – IBM Data Risk Manager , hacking). Pierluigi Paganini.

Risk 94

Risk Authentication InfoSec Advertising 94

Joseph Steinberg

JANUARY 18, 2024

While technological advances have, in some ways, allowed humans to enjoy an unprecedented quality of life, they also create significant risks. When it comes to cybersecurity the same is true – you need a cyber security if you want to competently address cyber risk.

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Cybersecurity Computers and Electronics Cyber Risk Risk 236

The Last Watchdog

APRIL 13, 2022

Cyber attack targets. Russia isn’t the only cyber actor increasing its pace of cyber operations during this time. Although there’s no one magic solution to eliminating cyberattacks and cybercrime risks, there are steps you can take to reduce the chances of becoming a victim. businesses called #ShieldsUp.

Cybersecurity 214

Cybersecurity Cybercrime Education Passwords 214

Schneier on Security

MARCH 26, 2020

Interesting article discussing cyber-warranties, and whether they are an effective way to transfer risk (as envisioned by Ackerlof's "market for lemons") or a marketing trick. Our preliminary analysis suggests the majority of cyber warranties cover the cost of repairing the device alone.

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Cyber Insurance Marketing Insurance Risk 220

Thales Cloud Protection & Licensing

OCTOBER 4, 2022

Historically, October has always been an important month for the cybersecurity community and a month of major cybersecurity events. How do cyber attacks impact them, and how are they protected? Cybersecurity Awareness Month: Resilient Multi-factor Authentication (MFA) and Strong Passwords. Tue, 10/04/2022 - 05:20.

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CyberSecurity Insiders

OCTOBER 24, 2022

These attacks also tend to be more successful in access and payout in the event of ransom demands, with 74% of attacks ending successfully for hackers. Here are a few prime examples of cyber-attacks in the education sector. Make backups, and practice restoring from them.

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Education Cyber Attacks Cyber Insurance Insurance 58