SC Magazine

MAY 24, 2021

In a report released May 20, the Government Accountability Office looked at how the private cybersecurity insurance market has developed over the past five yearsRich Baich is global chief information security officer for insurance giant AIG. Photo by Spencer Platt/Getty Images).

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SecureWorld News

OCTOBER 20, 2021

Cyberrisk is business risk. We hear this at SecureWorld cybersecurity conferences on a regular basis. But how should we communicate this risk to the business, to clients, or to investors? However, we were most interested in seeing how Accenture articulated a particular business risk: the risk from a cyberattack.

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Cyber Risk Risk Insurance Cyber Insurance 98

SecureWorld News

DECEMBER 7, 2022

As the world becomes increasingly reliant on technology, cybersecurity remains a top priority for individuals, businesses, and governments alike. From advancements in artificial intelligence (AI) to the continued evolution of ransomware and cyberattacks, the coming year is sure to bring significant developments in the world of cybersecurity.

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Cybersecurity Cyber Insurance Insurance Social Engineering 98

NetSpi Executives

JANUARY 8, 2024

In case you missed it, Chubb, one of the leading publicly traded property and casualty insurance companies, announced an innovative collaboration with NetSPI to strengthen client cyber-risk profiles via enhanced attack surface management and penetration testing solutions. What is proactive security?

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Cyber Insurance Insurance Penetration Testing Cyber threats 64

CyberSecurity Insiders

DECEMBER 11, 2021

NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced it is partnering with leading cyber insurance companies to help businesses manage their risks online. As a result, some insurance companies have had to raise premiums to cover their costs.

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SecureWorld News

AUGUST 23, 2023

This morning, Critical Start released its first ever Cyber Risk Landscape Peer Report , which explores some of the major concerns and challenges currently confronting cybersecurity leaders as they manage risk within their organizations. Here are some comments on the cyber risk landscape from cybersecurity vendor experts.

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SC Magazine

APRIL 23, 2021

Security ratings services have become a popular way for companies to assess their own cybersecurity posture, as well as that of their partners. And, because of this, cyber insurance companies using these scores rely on an inaccurate assessment of target-company risk. Does it truly reflect the security of the company?

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CyberSecurity Insiders

DECEMBER 18, 2022

Cyber attribution and deciphering the extent of state-level tasking is difficult, with blurred lines between state-aligned, state-involved and state-directed increasing the risk of escalation, collateral and misattribution. 3 – Crypto-jacking neglect gets dangerous.

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SecureWorld News

FEBRUARY 6, 2024

"The incidents involving Clorox and Johnson Controls highlight significant operational disruptions and financial losses due to cyber-related incidents," said Callie Guenther, Senior Manager of Cyber Threat Research at Critical Start. Guenther suggests that their cybersecurity programs were outmatched.

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Centraleyes

JUNE 6, 2024

Quantitative Risk models have long been applied in the financial and insurable risk fields and are now being used extensively in cybersecurity. Quantifying risk helps manage risk by breaking it down and expressing it mathematically. What is Cyber Risk Quantification?

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CyberSecurity Insiders

DECEMBER 14, 2021

INDIANAPOLIS–( BUSINESS WIRE )– Pondurance , a leader in Managed Detection and Response (MDR) services, today launched Cyber Risk Assessments powered by MyCyberScorecard.

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SecureWorld News

MARCH 28, 2024

Department of Homeland Security (DHS) is set to implement long-awaited rules that will require critical infrastructure entities across multiple sectors to report cyber incidents and ransomware payments to the federal government. Jose Seara, CEO of DeNexus, welcomed the convergence of cybersecurity mandates across government agencies. "It

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Centraleyes

MAY 21, 2025

Top Challenges in Risk Management for Colleges and Universities 1. Cybersecurity Cyber threats are growing fast, and ransomware is leading the charge. And they often rely on complex IT systems, with different departments running their own tools, which can make cybersecurity even harder. Regular risk assessments.

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Education Risk Cyber Insurance Insurance 52

The Last Watchdog

MARCH 1, 2019

This has exponentially expanded the attack surface available to motivated, well-funded threat actors. This, in short, is the multi-headed hydra enterprises must tame in order to mitigate rising cyber risks. Sutton: SOAR was born out of the gap between what SIEMs were supposed to be and the rising sophistication of cyber threats.

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SecureWorld News

AUGUST 23, 2023

National Institute of Standards and Technology (NIST) released the Initial Public Draft of its Cybersecurity Framework (CSF) version 2.0. For a solid rundown of what the updates mean, check out this SecureWorld article from Kip Boyle , vCISO, Cyber Risk Opportunities LLC. On August 8, 2023, the U.S. 19, Detroit on Sept.

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Cybersecurity CISO Government Risk 98

SecureWorld News

MAY 5, 2023

Broadnax, who said he is optimistic that the risk is contained. Since City of Dallas' Information and Technology Services detected a cyber threat Wednesday morning, employees have been hard at work to contain the issue and ensure continued service to our residents," he said. The article quotes a statement from City Manager T.C.

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Ransomware Cyber Risk Cyber Insurance Social Engineering 98

McAfee

JUNE 17, 2021

Imagine if you had one place where you found a comprehensive real time security posture that tells you exactly where the looming current cyber risks are and the impact? Let’s consider a recent and relevant cyber threat. That well-publicized attack spurred considerable interest in cybersecurity assessments.

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Digital Shadows

NOVEMBER 26, 2024

Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance. Our findings highlight that cyber threats can impact any organization, no matter its size, sector, or location.

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Cyber Attacks Phishing Ransomware Cyber Insurance 59

Centraleyes

SEPTEMBER 24, 2024

Information risk is not just a technical problem but affects the bottom line and daily activities of most businesses. It takes an organization beyond just compliance with regulations and ‘best practices’ and shows a broader overall picture of risk from different angles. This is usually done with a variety of risk scenarios in mind.

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Risk Insurance Cyber Insurance Cyber Risk 52

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.

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Cyber Insurance Insurance Marketing Cyber Attacks 131

Digital Shadows

NOVEMBER 26, 2024

Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance. Our findings highlight that cyber threats can impact any organization, no matter its size, sector, or location.

Cyber Attacks 52

Cyber Attacks Phishing Ransomware Cyber Insurance 52

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.

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SecureWorld News

MARCH 5, 2025

agricultural exports and expanded its export restrictions on critical technology components and cybersecurity-related industries. At first glance, tariffs seem like an economic and trade issue, but the cybersecurity implications are just as significant. We asked cybersecurity professionals on both sides of the U.S.-Canada

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Cyber Risk Risk Small Business Cyber Insurance 120

Jane Frankland

JANUARY 12, 2025

Cybersecurity is on the brink of significant transformation as we approach 2025, grappling with escalating complexities driven by advancements in technology, increasing geopolitical tensions, and the rapid adoption of AI and IoT. Cyber threats often exploit human errors, whether through phishing attacks, weak passwords, or lapses in protocol.

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Cybersecurity CISO Insurance IoT 130

Adam Levin

MARCH 2, 2020

We can’t hide from the threat. Cybersecurity experts are aligned on this point: Ransomware is a serious issue. Part of this can be blamed on the lack of cybersecurity skills available in the workforce. The types of threats are ever changing, adding to the challenge cybersecurity professionals face.

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