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.

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Cyber Insurance Insurance Cyber Attacks Cyber Risk 77

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.

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Cyber Insurance Insurance Cyber Risk Security Defenses 84

eSecurity Planet

APRIL 22, 2022

That’s where cyber insurance may be able to help. If your company has not already experienced a significant cybersecurity event, it is probably only a matter of time before it does. However, a good cyber insurance provider can also leverage their partnerships to help your company afford better security controls.

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Cyber Insurance Insurance Ransomware Cybersecurity 93

Security Boulevard

JUNE 1, 2022

cyber insurance carriers in 2021 rose 92% year-over-year, largely in response to a surge in ransomware. Cyber risk insurers are also declining coverage to companies with substandard cybersecurity controls, as well as changing the fine print for sublimits to reduce coverage for types of losses one by one.

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Cyber Insurance Insurance Cyber Risk Ransomware 72

Security Affairs

APRIL 22, 2022

When security fails, cyber insurance can become crucial for ensuring continuity. Cyber has changed everything around us – even the way we tackle geopolitical crisis and conflicts. 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 Cyber Attacks 90

eSecurity Planet

MAY 27, 2021

The explosion of ransomware and similar cyber incidents along with rising associated costs is convincing a growing number of insurance companies to raise the premiums on their cyber insurance policies or reduce coverage, moves that could further squeeze organizations under siege from hackers. In addition, the U.S.

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Security Boulevard

JANUARY 9, 2023

Cybersecurity budgets under pressure…regulators tightening risk disclosure rules.breakdown in the cyber insurance market. As 2022 ended, a series of trends lined up that will set the agenda in 2023 for cyber risk and security leaders.

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SecureWorld News

NOVEMBER 2, 2022

In Q&A format, they share about their professional journeys, unique experiences, and hopes for the future of cybersecurity—along with some personal anecdotes. He helps senior decision makers overcome cybersecurity sales objections and manages unlimited cyber risks through rigorous prioritization. A : I backed into it!

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CyberSecurity Insiders

DECEMBER 6, 2022

–( BUSINESS WIRE )–Specialty insurer HSB today announced an agreement with IronSDN, Corp., to add app-based cyber risk management tools to HSB’s coverage for consumers and their families. Cyber Protection at Home and Away. For more information visit the WhiteHaX cyber security app. HARTFORD, Conn.–(

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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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Duo's Security Blog

OCTOBER 7, 2022

This is especially true if the company looking for cover hasn’t taken adequate enough steps to minimize cyber risks itself. As I covered in my other blog — Cyber Liability Insurance Essentials for Small and Medium-Sized Enterprises — there are several approaches firms can take to increase their chances of obtaining a policy.

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Cyber Insurance Small Business Insurance Cyber Risk 97

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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Cyber Insurance Cyber Risk Insurance Risk 52

Schneier on Security

JULY 1, 2021

Here’s one more contribution to that issue: a research paper that the insurance industry is hurting more than it’s helping. Although it is a societal problem, cyber insurers have received considerable criticism for facilitating ransom payments to cybercriminals. Often, that’s paying the ransom. News article.

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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 threats Cyber Insurance Insurance 92

SecureWorld News

MAY 16, 2023

Seven small coastal towns in Massachusetts have formed a partnership to better tackle their IT and cybersecurity needs in the region. Tom Brennan is the Executive Director, Americas Region, at CREST, a global community of cybersecurity businesses and professionals working to keep information safe in a digital world.

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Cybersecurity Cyber Risk CISO Insurance 78

Security Boulevard

AUGUST 22, 2022

Has ESG Become aWake-Up Call for Cybersecurity? Even with ransomware costing billions of dollars in losses and cyber insurance claims, organizations are still impacted beyond the checkbook. These attacks have driven the cost of cyber insurance premiums higher. Access to global talent is still a challenge.

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Cybersecurity Cyber Insurance CISO Cyber Attacks 98

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

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 Cyber Insurance Ransomware 81

CyberSecurity Insiders

OCTOBER 4, 2022

global leader in cyber risk quantification and management (CRQM), today announced the Return on Security Investment (ROSI) Calculator, a new module of the SAFE platform. Using the ROSI Calculator , CISOs, CFOs, CEOs and Boards can, for the first time, measure a return on investment for their cybersecurity programs.

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CyberSecurity Insiders

JANUARY 24, 2022

CINCINNATI–( BUSINESS WIRE )–Great American Insurance Group recently launched EagleEye? According to Betty Shepherd, Divisional Senior Vice President, Great American Cyber Risk, EagleEye is a valuable loss prevention tool for insureds. About SecurityScorecard.

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Cyber Risk Insurance Risk Cyber Insurance 52

SC Magazine

FEBRUARY 8, 2021

Every time a driver buckles up or an airbag is deployed we see the powerful influence of the insurance companies who insisted those measures become mandatory. Now, those insurers are poised to drive cybersecurity investment by insisting that organizations meet certain criteria to qualify for coverage. A maturing model.

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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. 5 – Recession requires CISOs to get frank with the board about proactive security.

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Cybersecurity CISO Ransomware Cyber threats 126

Security Boulevard

MAY 11, 2022

However, cybersecurity is not bullet-proof. Buying a cyber risk insurance program can help outsource residual risk, and deploying multi-factor authentication is […]… Read More. The post Multi-Factor Authentication: A Key to Cyber Risk Insurance Coverage appeared first on The State of Security.

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Cyber Risk Authentication Insurance Risk 52

Schneier on Security

FEBRUARY 13, 2019

Zurich Insurance has refused to pay Mondelez International's claim of $100 million in damages from NotPetya. Those turning to cyber insurance to manage their exposure presently face significant uncertainties about its promise. Yet no cyber insurance policies cover this entire spectrum. Mondelez is suing.

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Cyber Insurance Cyber Risk Insurance Risk 207

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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SC Magazine

MAY 19, 2021

The development of cybersecurity insurance has played an important role in determining how companies prepare for and respond to ransomware attacks and the resulting fallout. That in itself has evolved, as insurers and insured learn just how expensive that fallout can be. ” Conflicting interests?

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Cyber Insurance Ransomware Insurance Marketing 102

Joseph Steinberg

AUGUST 5, 2021

While leveraging cyber-liability insurance has become an essential component of cyber-risk mitigation strategy, cyber-liability offerings are still relatively new, and, as a result, many parties seeking to obtain coverage are still unaware of many important factors requiring consideration when selecting a policy.

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BH Consulting

JUNE 22, 2021

Organisations are coming under increasing pressure to take out cybersecurity insurance cover. Also known as cyber risk insurance, it’s now a prerequisite in some public sector tenders. Sometimes, contracts or proposals ask suppliers for both cybersecurity insurance and documented security controls.

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Cybersecurity Insurance Cyber Risk Ransomware 83

Webroot

JULY 25, 2022

Here are some of the key trends which we observed at this year’s first marquee cybersecurity event post-pandemic: 1. Most customers alluded to the cybersecurity skills shortage; one of the key market drivers remains a “managed” component tailored to organizations’ response capabilities. Cyber insurance becomes mainstream discussion.

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Cyber Insurance Ransomware Phishing Insurance 118

CyberSecurity Insiders

JANUARY 30, 2023

SAN FRANCISCO–( BUSINESS WIRE )– Coalition , the world’s first Active Insurance provider designed to prevent digital risk before it strikes, today announced the launch of Coalition Insurance Company (CIC), the first full-stack, Active Cyber Insurance carrier.

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Dark Reading

OCTOBER 27, 2021

This year's survey features the highest percentage of cyber insurance buyers since the beginning of the survey 11 years ago.

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CyberSecurity Insiders

DECEMBER 14, 2022

.–( BUSINESS WIRE )–Brendan Hall has joined Alliant Insurance Services as a Senior Vice President as part of the newly created Alliant Cyber, one of 14 Alliant industry-dedicated verticals. He brings over 20 years of experience in the cybersecurity industry. About Alliant Insurance Services.

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CyberSecurity Insiders

OCTOBER 24, 2022

NEW YORK–( BUSINESS WIRE )– SecurityScorecard , the global leader in cybersecurity ratings, today announced the launch of two cyber threat intelligence solutions to deliver an unrivaled view of organizations’ global cyber risk exposure. Cyber Risk Intelligence (CRI).

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SecureWorld News

MAY 5, 2023

Unfortunately, 'cybersecurity' is not a technical problem that can just be fixed with a patch, security update, change of code, or even a tool or service—no matter how great the tool or service may be—but is an ongoing battle with an active adversary that is countering every move and continuously probing for new weaknesses to exploit.

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SecureWorld News

NOVEMBER 30, 2020

A large provider of IT services in the EU is the latest example that cyber risk is business risk. This attack was rapidly blocked thanks to in-house IT and cybersecurity teams. The Group’s insurance coverage for cyber risks totals €30 million. Does your organization have cyber insurance?

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Security Boulevard

FEBRUARY 8, 2023

Click here to watch the roundtable and learn about the future of cyber insurance from leading experts. In partnership with Cysurance, BlastWave hosted a roundtable entitled “The Future of Cyber Insurance and MSP Insurability. The expert panelists held an honest discussion about insurability difficulties for MSPs.

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CyberSecurity Insiders

MARCH 25, 2021

Department for Digital, Culture, Media and Sport (DCMS) of UK conducted the survey and came to the above stated conclusion that shows how relaxed are businesses for cyber security. And sometimes cyber criminals are using email services to trick employees into making fraudulently large financial transfers via new business deals or contracts.

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