SecureWorld News

AUGUST 1, 2023

-based Royal United Services Institute (RUSI) for Defence and Security Studies conducted an extensive 12-month research project , which aimed to examine the role of cyber insurance in addressing the threats posed by ransomware. RUSI's research challenges the notion that cyber insurance is a direct catalyst for ransomware.

Cyber Insurance 86

Cyber Insurance Ransomware Insurance Cybersecurity 86

Dark Reading

OCTOBER 16, 2023

By using data to drive policy underwriting, cyber-insurance companies can offer coverage without a price tag that drives customers away.

Cyber Insurance 105

Cyber Insurance Insurance Marketing 105

SecureWorld News

APRIL 17, 2023

When considering adding a cyber insurance policy, organizations, both public and private, must weigh the pros and cons of having insurance to cover against harm caused by a cybersecurity incident. Having cyber insurance can help ensure compliance with these requirements. Can companies live without cyber insurance?

Cyber Insurance 98

Cyber Insurance Insurance CISO Cyber Risk 98

Security Boulevard

NOVEMBER 21, 2023

Maintaining cyber insurance can be increasingly difficult and expensive. Here are some of the top cyber insurance requirements that businesses must meet. The post A Guide for How to Maintain Your Cyber Insurance Policy appeared first on Security Boulevard.

Cyber Insurance 62

Cyber Insurance Insurance 62

IT Security Guru

FEBRUARY 28, 2023

Cyber insurers are losing money. 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 99

Cyber Insurance Insurance Cyber Attacks Cyber Risk 99

Security Boulevard

APRIL 9, 2023

From Lloyd’s of London to the new National Cybersecurity Strategy, the future of cyber insurance is evolving fast. The post Major Cyber Insurance Overhaul Begins Now appeared first on Security Boulevard. What do you need to watch?

Cyber Insurance 90

Cyber Insurance Insurance Cybersecurity 90

CyberSecurity Insiders

FEBRUARY 17, 2022

For all those companies who are planning to renew their cyber insurance policy or are in a procedure to take one, here’s a piece of information that might interest you. Most of the Cyber Insurance companies have excluded ‘Cyber War’ consequences from their policies. that’s insane….isn’t isn’t it? that’s insane….isn’t

Cyber Insurance 120

Cyber Insurance Insurance Cyber Attacks Cybersecurity 120

Adam Levin

SEPTEMBER 7, 2020

With the average cost of a data breach exceeding three million dollars, cyber insurance has become a necessity for SMBs. The post SMBs and Cyber Insurance – Third Certainty #27 appeared first on Adam Levin. Find out more on the latest episode of Third Certainty with Adam Levin.

Cyber Insurance 130

Cyber Insurance Insurance Data breaches Cybersecurity 130

Security Boulevard

JULY 25, 2023

Picture this: your company falls victim to a cyber-attack, resulting in loss of revenue and significant operational downtime. The post Cyber Insurance: The Key to Business Resilience in a Risky World appeared first on Security Boulevard. Do you know what your next steps should be?

Cyber Insurance 98

Cyber Insurance Insurance Cyber Attacks Cybersecurity 98

IT Security Guru

JUNE 28, 2022

Enter cyber insurance. We insure almost everything – our homes, our cars, even our lives. At first glance, it seems odd that most businesses don’t insure against something as potentially devastating as cybercrime. Cybersecurity professionals remain divided as to the future of cyber insurance.

Cyber Insurance 123

Cyber Insurance Insurance Cyber Attacks Cybercrime 123

CSO Magazine

APRIL 20, 2023

Cyber insurance provider At-Bay has announced the launch of a new InsurSec solution to help small-to-mid sized businesses (SMBs) improve their security and risk management postures through their insurance policy. The emergence of InsurSec technology reflects a cyber insurance landscape that has seen significant change recently.

Cyber Insurance 105

Cyber Insurance Insurance Risk CISO 105

Security Boulevard

MARCH 15, 2023

With ransomware attacks, social engineering, and data breaches at an all-time high, terms like “cybersecurity” and “cyber insurance” are being thrown around in conversation more than ever before. The post The Comprehensive Value of Investing in Both Cybersecurity and Cyber Insurance appeared first on Security Boulevard.

Cyber Insurance 97

Cyber Insurance Cybersecurity Insurance Data breaches 97

Tech Republic Security

APRIL 16, 2021

Cyber insurance is gaining favor in the business world. An expert offers tips on how to get what's needed for the best price.

Cyber Insurance 190

Cyber Insurance Insurance 190

The Last Watchdog

JANUARY 20, 2020

To help mitigate the risk of financial losses, more companies are turning to cyber insurance. Related: Bots attack business logic Cyber insurance, like other forms of business insurance, is a way for companies to transfer some of numerous potential liability hits associated specifically with IT infrastructure and IT activities.

Cyber Insurance 223

Cyber Insurance Insurance Data breaches Cybersecurity 223

CSO Magazine

DECEMBER 1, 2021

Cyber insurance definition. Cyber insurance, also referred to as cyber risk insurance or cyber liability insurance coverage (CLIC), is a policy with an insurance carrier to mitigate risk exposure by offsetting costs involved with damages and recovery after a cyber-related security breach or similar event.

Cyber Insurance 126

Cyber Insurance Insurance CSO Cyber Risk 126

Security Boulevard

NOVEMBER 12, 2021

The post Are Cyber Insurers Cybersecurity’s New Enforcers? That means cyberattacks targeting enterprises and individuals are happening at a rate of about one attack every few seconds. The average ransom payment made by a business to. appeared first on Security Boulevard.

Cyber Insurance 145

Cyber Insurance Insurance Ransomware Cybersecurity 145

We Live Security

JUNE 13, 2023

While not a 'get out of jail free card' for your business, cyber insurance can help insulate it from the financial impact of a cyber-incident The post Cyber insurance: What is it and does my company need it? appeared first on WeLiveSecurity

Cyber Insurance 89

Cyber Insurance Insurance 89

CSO Magazine

FEBRUARY 20, 2023

With cyberattacks rising at an alarming rate around the world, cyber insurance has become an increasingly popular layer of protection for businesses across all sectors.

Cyber Insurance 112

Cyber Insurance Insurance Cyber Risk Risk 112

SecureWorld News

APRIL 29, 2022

Cyber insurance is a topic that many industry professionals have an opinion on. No matter what side of the debate you land on, one thing is certain: the cost of cyber insurance has been rising for years and will likely continue to do so. cyber insurance rate changes.

Cyber Insurance 83

Cyber Insurance Insurance Cyber Risk Security Defenses 83

Security Boulevard

FEBRUARY 11, 2021

In 2021, rethinking your cyber insurance strategy should be a top priority for CISOs and executive leadership. The elevated risk landscape is driving growing demand for cyber insurance: Nearly four out of five organizations. The post Is it Time to Update Your Cyber Insurance Strategy?

Cyber Insurance 140

Cyber Insurance Insurance CISO Risk 140

eSecurity Planet

APRIL 22, 2022

That’s where cyber insurance may be able to help. For that reason, most experts now recognize that a complete cybersecurity strategy not only includes technological solutions aimed at preventing, detecting, and mitigating attacks, it should also include cyber insurance to help manage the associated financial risks.

Cyber Insurance 93

Cyber Insurance Insurance Ransomware Cybersecurity 93

Cytelligence

OCTOBER 18, 2023

The cost of cyber attacks, including financial losses, reputational damage, and legal consequences, can be staggering. To mitigate these risks, businesses often invest in cyber insurance. However, there is a powerful and cost-effective tool that businesses can utilize to reduce their cyber insurance costs: strong passwords.

Cyber Insurance 64

Cyber Insurance Passwords Insurance Cyber Attacks 64

Dark Reading

AUGUST 2, 2023

Innovations in continuous controls monitoring may be the only way underwriters can offer cyber-insurance policies that make sense in the market.

Cyber Insurance 89

Cyber Insurance Insurance Marketing 89

Malwarebytes

JULY 10, 2022

Without cyber insurance , you can expect to pay a dizzying amount of cash. In 2022 alone, the average cost of a data breach for businesses under 1,000 employees was close to $3 million—and these costs are coming from activities that cyber insurers typically cover, such as detecting and responding to the breach.

Cyber Insurance 90

Cyber Insurance Insurance Data breaches Phishing 90

CyberSecurity Insiders

AUGUST 15, 2022

Ever wondered what is covered and what is not in your Cyber Insurance Policy? If not, you better review the guidelines and inform all your C-level employees on strategies to cope with the losses that remain out of the cyber insurance cover. Otherwise, the cyber insurer will not offer any policy coverage.

Cyber Insurance 90

Cyber Insurance Insurance Cyber Attacks Antivirus 90

Security Boulevard

JUNE 7, 2023

Is it the only answer to… The post How SIEM Helps With Cyber Insurance appeared first on LogRhythm. The post How SIEM Helps With Cyber Insurance appeared first on Security Boulevard. For many companies, that means investing in security information and event management (SIEM).

Cyber Insurance 57

Cyber Insurance Insurance Network Security 57

CSO Magazine

DECEMBER 1, 2021

Cyber insurance definition. Cyber insurance, also referred to as cyber risk insurance or cyber liability insurance coverage (CLIC), is a policy with an insurance carrier to mitigate risk exposure by offsetting costs involved with damages and recovery after a cyber-related security breach or similar event.

Cyber Insurance 109

Cyber Insurance Insurance CSO Cyber Risk 109

Dark Reading

AUGUST 11, 2022

Even among businesses with cyber insurance, they lack coverage for basic costs of many cyberattacks, according to a BlackBerry survey.

Cyber Insurance 120

Cyber Insurance Insurance Ransomware 120

CSO Magazine

DECEMBER 6, 2022

As the frequency and severity of ransomware, phishing, and denial of service attacks has increased, so has demand for cyber insurance. billion in direct written premiums were recorded in 2021, a 61% increase over the prior year, according to an October 2022 memorandum from the National Association of Insurance Commissioners.

Cyber Insurance 121

Cyber Insurance Insurance Phishing Ransomware 121

Security Boulevard

MARCH 15, 2022

With the cyber threat landscape showing no sign of becoming less risky, many businesses want to transfer some of their risk to cyber insurance providers. In fact, by 2020, 78% of corporate risk managers bought some type of cyber insurance coverage for their company. The post What is Cyber Insurance?

Cyber Insurance 108

Cyber Insurance Insurance Cyber threats Risk 108

Security Boulevard

OCTOBER 1, 2022

No wonder the cyber insurance market is expected to grow at a compound average rate of almost 25 percent […]. The post Preparing for Cyber Insurance? The post Preparing for Cyber Insurance? If these companies – with their large, dedicated cybersecurity teams – are vulnerable, so is every other company.

Cyber Insurance 109

Cyber Insurance Insurance Data breaches Cybersecurity 109

CSO Magazine

APRIL 21, 2021

Faced with increasing payouts and a likely storm of litigation around the recent SolarWinds and Microsoft Exchange server compromises, cyber insurers are facing an “existential battle” for their future, a leading cybersecurity researcher and privacy consultant has warned.

Cyber Insurance 142

Cyber Insurance Insurance Cybersecurity 142

Security Boulevard

OCTOBER 13, 2021

Will NYDFS’s Cyber Insurance Framework Set a Precedent for the Cyber Insurance Industry? As ransomware attacks reach unprecedented numbers and the number of record exposures continues to skyrocket, an increasing number of organizations are at risk of attack—and the cyber insurance industry is taking note.

Cyber Insurance 113

Cyber Insurance Insurance Risk Ransomware 113

CSO Magazine

DECEMBER 1, 2021

Cyber insurance definition. Cyber insurance, also referred to as cyber risk insurance or cyber liability insurance coverage (CLIC), is a policy with an insurance carrier to mitigate risk exposure by offsetting costs involved with damages and recovery after a cyber-related security breach or similar event.

Cyber Insurance 130

Cyber Insurance Insurance CSO Cyber Risk 130

Security Boulevard

JULY 14, 2022

A survey of 400 global insurers finds the cyber insurance business “isn’t working for insurers, brokers or their customers.” The post Survey Shows Cyber Insurance Marketplace Badly Needs Risk Quantification appeared first on Security Boulevard.

Cyber Insurance 98

Cyber Insurance Insurance Risk 98

Security Boulevard

DECEMBER 7, 2022

The post Demystifying Cyber Insurance: 7 Key Security Controls Every Organization Should Have appeared first on Security Boulevard. 7 Key Security Controls Every Organization Should Have. .

Cyber Insurance 98

Cyber Insurance Insurance Cybersecurity Risk 98

Thales Cloud Protection & Licensing

MAY 10, 2022

Checklist for Getting Cyber Insurance Coverage. As cyber criminals mature and advance their tactics, small and medium businesses become the most vulnerable because they lack the capacity – staff, technology, budget - to build strong cyber defenses. The necessity for cyber-insurance coverage.

Cyber Insurance 75

Cyber Insurance Insurance Cyber Attacks Cyber Risk 75