Remove Cyber Insurance Remove Cyber Risk Remove Cyber threats Remove Information Security
article thumbnail

CFOs ignoring billions of dollars loss incurred through Cyber Risks

CyberSecurity Insiders

Chief Financial Officers aka CFOs are ignoring billions of dollars loss incurred through cyber risks and threats, says a survey. Interestingly, over 87% of survey respondents are over-confident that their companies can overcome any level of threats, although their current Cybersecurity posture was never tested to the core.

article thumbnail

As market for cyber insurance booms, watchdog calls for better data

SC Magazine

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).

article thumbnail

Security Experts Assess 2.0 Draft of NIST Cybersecurity Framework

SecureWorld News

For a solid rundown of what the updates mean, check out this SecureWorld article from Kip Boyle , vCISO, Cyber Risk Opportunities LLC. Understanding your risk posture and having a playbook ready to deploy once a breach occurs is crucial to reducing the impact of an incident, getting your operations back online, etc.