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 77

Cyber Insurance Insurance Cyber Risk Cyber Attacks 77

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.

Small Business 98

Small Business Cyber Insurance Insurance Cyber Risk 98

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.

Insurance 258

Insurance Cyber Insurance Artificial Intelligence Ransomware 258

SC Magazine

JULY 13, 2021

million patients have been impacted by a health care data breach so far in 2021, a whopping 185% increase from the same time period last year where just 7.9 The attacks on our nation’s critical infrastructures, which includes our hospital systems, has resulted in government agencies showing a renewed focus on cybersecurity.”.

Data breaches 113

Data breaches Insurance Healthcare Education 113

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.

Insurance 126

Insurance Cybersecurity Cyber Insurance Government 126

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.

Cyber Insurance 136

Cyber Insurance Insurance Marketing Ransomware 136

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.

Cybersecurity 97

Cybersecurity Cyber Risk Risk Cyber Insurance 97

SecureWorld News

JANUARY 31, 2024

Cyber risk is an existential issue for companies of all sizes and in all industries. However, it also exposes companies to additional layers of risk. Frequently, the liability associated with slip-and-falls is pushed up to the owner—and within that same upstream push, so goes privacy and data breach liability.

Risk 104

Risk Cyber Insurance Insurance Data breaches 104

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.

Insurance 72

Insurance Risk Cyber Insurance Cybersecurity 72

SecureWorld News

AUGUST 18, 2020

Securities and Exchange Commission, notifying the SEC of the data breach. Hackers exfiltrated (removed) some data. The Company is working with industry leading cybersecurity firms to immediately respond to the threat, defend the Company's information technology systems, and conduct remediation. Remediation is underway.

Cyber Insurance 98

Cyber Insurance Ransomware Insurance Technology 98

Security Boulevard

MAY 11, 2022

With ransom demands rising and the cost of data breaches soaring, businesses are investing heavily in building their cyber defenses. 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.

Cyber Risk 52

Cyber Risk Insurance Authentication Risk 52

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.

Insurance 83

Insurance Cybersecurity Cyber Insurance Cyber Risk 83

Centraleyes

MAY 21, 2025

They manage: Student data (regulated by FERPA ), Health data (regulated by HIPAA for medical schools), Research projects (often subject to federal grants), Physical campuses and housing with safety obligations, Housing operations with social obligations. Top Challenges in Risk Management for Colleges and Universities 1.

Education 52

Education Risk Cyber Insurance Insurance 52

SC Magazine

FEBRUARY 10, 2021

The Cybersecurity and Infrastructure Security Agency (CISA) recently included security ratings or scoring as part of its cyber risk reduction initiative. The Cybersecurity and Infrastructure Security Agency (CISA) recently included security ratings or scoring as part of its cyber risk reduction initiative.

Cyber Insurance 83

Cyber Insurance Insurance Cyber Risk Government 83

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.

Insurance 52

Insurance Cyber Insurance Cyber Risk Risk 52

SC Magazine

MAY 28, 2021

The Transportation Security Administration, tasked with overseeing the security of oil and natural gas pipelines, put in place new pipeline cybersecurity requirements this week, the first mandatory cybersecurity practices for pipelines.

Insurance 117

Insurance Ransomware Government Risk 117

eSecurity Planet

MARCH 17, 2023

Whether you’re operating a global enterprise network or a small family business, your network’s security needs to be optimized with tools, teams, and processes to protect customer data and valuable business assets. NDR solutions are designed to integrate well with the rest of your cybersecurity solutions stack.

Network Security 121

Network Security Penetration Testing Firewall Software 121

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. Such abuse can lead to data loss, unauthorized access to critical systems, and ultimately operational disruptions.

Cyber Attacks 59

Cyber Attacks Phishing Ransomware Cyber Insurance 59

Pen Test

OCTOBER 10, 2023

Double extortion introduces catastrophic risks of data breach and loss of customer trust if sensitive information gets leaked publicly. Even just the notification of a data breach can harm an organization's reputation and bottom line. Stress reporting suspicious activity. Seek adequate coverage.

Ransomware 52

Ransomware Backups Insurance Cyber Insurance 52

Cytelligence

FEBRUARY 4, 2020

The acquisition will help Aon expand its current coverages within the cyber market at a time when cyber claims are almost doubling year-over-year. Global cyber insurance premiums are expected to grow from $4 billion in 2018 to $20 billion by 2025. said J Hogg, CEO of Aon Cyber Solutions.

Penetration Testing 45

Penetration Testing Insurance Data preservation Risk 45

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 131

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. Such abuse can lead to data loss, unauthorized access to critical systems, and ultimately operational disruptions.

Cyber Attacks 52

Cyber Attacks Phishing Ransomware Cyber Insurance 52

eSecurity Planet

JANUARY 11, 2022

Information security products , services, and professionals have never been in higher demand, making for a world of opportunities for cybersecurity startups. Investors recognize the potential too, as funding for cybersecurity ventures more than doubled from previous years to almost $22 billion in 2021. Top 10 Cybersecurity Startups.

Cybersecurity 142

Cybersecurity Threat Detection Artificial Intelligence Risk 142

BH Consulting

SEPTEMBER 7, 2022

Curated advice, guidance, learning and trends in cybersecurity and privacy, as chosen by our consultants. A new documentary aims to shine a spotlight on female achievements in the cybersecurity field. As demand for cyber risk insurance increases, two recent developments could have policyholders scrambling to check their cover.

Insurance 40

Insurance Social Engineering Cyber Risk Cyber Insurance 40

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.

Cybersecurity 130

Cybersecurity Cyber threats Insurance Artificial Intelligence 130

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.

Cybersecurity 130

Cybersecurity CISO Insurance IoT 130

Adam Levin

MARCH 26, 2020

Cyber insurance is still evolving, and as such you can still get good deals even if your cybersecurity is not completely up to snuff. At some point that will be a question that cyber insurers will think about 24/7, solutions evolving alongside challenges and underwriting calculations following close behind.

Cyber Insurance 211

Cyber Insurance Insurance Hacking Passwords 211

Adam Levin

MARCH 2, 2020

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. We can’t hide from the threat.

Cyber threats 215

Cyber threats Ransomware Encryption Insurance 215