This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Healthcare cybersecurity is undergoing explosive growth, reflecting both escalating threats and urgent investments to protect patient data and systems. According to a new report, the global healthcare cybersecurity market was valued at US $21.25 billion in 2024 and is projected to reach $82.90 billion by 2033, at a robust 18.55% CAGR.
Move faster than your adversaries with powerful purpose-built XDR, cyberrisk exposure management, and zero trust capabilities Learn more Extend Your Team Extend Your Team. Respond Faster. Respond Faster. 6 Alerts Back Unread All Inside the criminal mind: Trend’s deep dive into cybercrime.
When considering adding a cyberinsurance 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 cyberinsurance can help ensure compliance with these requirements. Can companies live without cyberinsurance?
In this regard, many have touted cyberinsurance as the knight in shining armor, the end all-be all in terms of mitigating criminals' assaults on your network. For example, the healthcare sector, a prime target for these types of attacks , planned to spend $125 billion to defend against breaches from 2020 to 2025.
New research reveals that a record number of organizations are buying cyberinsurance policies as a tool for protecting themselves against cyberrisk. However, the cost for those policies is rising dramatically as cyberinsurance premiums soar up to 30% vs. the previous year. cyberinsurance market.
Srivatsav Ravi Srivatsav , CEO, DataKrypto Non-compliance with regulations, such as the European Unions General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA), risks severe penalties. And industries like healthcare face persistent targeting due to their outdated systems and high-value data.
Overall, insurance companies seem to be responding to increased demand from clients for cyber-specific insurance, and one survey found that the two things most likely to spur a purchase of cyberinsurance are when a business experiences a cyber attack and when they hear about other companies being hit by a cyber attack.
Move faster than your adversaries with powerful purpose-built XDR, cyberrisk exposure management, and zero trust capabilities Learn more Extend Your Team Extend Your Team. Respond Faster. Respond Faster.
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.
It will allow corporations to simplify and deploy more effective cybersecurity programs," Seara stated, recommending companies "start with cyberrisk quantification to prioritize risk mitigation projects." Jose Seara, CEO of DeNexus, welcomed the convergence of cybersecurity mandates across government agencies. "It
Move faster than your adversaries with powerful purpose-built XDR, cyberrisk exposure management, and zero trust capabilities Learn more Extend Your Team Extend Your Team. Respond Faster. Respond Faster. Under Attack?
Universities are targets because they store valuable information: student records, research data, and healthcare details. CyberInsurance: Another Layer of Complexity With ransomware on the rise, cyberinsurance premiums are spiking. Regular risk assessments. Vendor risk management processes.
Now as the healthcare industry gets some breathing room from the pandemic, another one is surging – cyberattacks,” Dan L. We, as healthcare leaders, must seize this opportunity to educate and inform stakeholders on the current cybersecurity threat landscape and the actions needed to combat these attacks.”.
Move faster than your adversaries with powerful purpose-built XDR, cyberrisk exposure management, and zero trust capabilities Learn more Extend Your Team Extend Your Team. Respond Faster. Respond Faster. 6 Alerts Back Unread All Inside the criminal mind: Trend’s deep dive into cybercrime.
Cyberinsurance: whisper it, but it seems to be working Cyberinsurance premiums have dropped by 15 per cent compared to their peak in 2022. Even though more companies are buying cyberinsurance, Howden found prices are falling through a combination of more providers in the market, and companies improving their security.
For a solid rundown of what the updates mean, check out this SecureWorld article from Kip Boyle , vCISO, CyberRisk Opportunities LLC. Timothy Morris, Chief Security Advisor, Tanium: "It is good to see these updates and the expansion of the framework beyond critical infrastructures (banks, energy, healthcare, etc.)
Identify cyberinsurance policies and ensure they align to business needs regarding ransomware attacks and data leaks. Cyberinsurance will likely continue covering ransomware incidents, but insurers may increase scrutiny of policyholders' security measures before offering coverage. Seek adequate coverage.
His name is Omar Masri and he's a software engineer and also the founder and CEO of Mamari.io, which helps businesses overcome the cost and complexities of cybersecurity, preventing attacks while meeting compliance and cyberinsurance requirements. But actually, the biggest change is actually how risk was assessed in cybersecurity.
Cowbell Cyber. Cowbell Cyber is a dedicated cyberinsurance company that relies on continuous risk assessment, AI data analytics, and real-time underwriting to give clients pre- and post-breach services. Read more: OAuth: Your Guide to Industry Authorization.
In this blog, I’m exploring these changes, grouped under key categories that I’ve used in previous years, to help business leaders and cyberrisk owners better prepare for the evolving landscape. CyberInsuranceCyberinsurance will become an essential component of risk management strategies.
We organize all of the trending information in your field so you don't have to. Join 28,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content