SecureWorld News

MARCH 5, 2025

The impact will be felt well beyond the involved countries of Canada, USA, Mexico, and China," said Kenrick Bagnall , Founder, KONCYBER & RB-Cyber Assurance; Royal Candian Mounted Police (RCMP) Contractor/Instructor; Toronto Police Service (Cybercrime Unit) (Ret.). " These tariffs will create real cyber risks.

Cyber Risk 128

Cyber Risk Risk Cyber Insurance Small Business 128

The Last Watchdog

JULY 27, 2023

New York, NY, July 27, 2023 – QBE North America today announced the launch of a cyber insurance program with new MGA, Converge, acting as program administrator. The program will be broken down into two separate distribution structures, each with a distinct revenue focus and cyber security data access formation.

Cyber Insurance 188

Cyber Insurance Insurance Cyber Risk Small Business 188

IT Security Guru

JUNE 28, 2022

Enter cyber insurance. We insure almost everything – our homes, our cars, even our lives. At first glance, it seems odd that most businesses don’t insure against something as potentially devastating as cybercrime. Cybersecurity professionals remain divided as to the future of cyber insurance.

Cyber Insurance 143

Cyber Insurance Insurance Small Business Marketing 143

CyberSecurity Insiders

MARCH 18, 2021

After the SolarWinds cyber attack on Govt infrastructure, the government of United States seems to have taken Cybersecurity as a top priority to rectify any flaws that could make way to any future cyber attacks in the future. Maintain a senior management and board approved cyber insurance risk strategy. ·

Cyber Insurance 111

Cyber Insurance Insurance Cyber Risk Financial Services 111

eSecurity Planet

APRIL 22, 2022

That’s where cyber insurance may be able to help. For that reason, most experts now recognize that a complete cybersecurity strategy not only includes technological solutions aimed at preventing, detecting, and mitigating attacks, it should also include cyber insurance to help manage the associated financial risks.

Cyber Insurance 116

Cyber Insurance Insurance Marketing Small Business 116

SecureWorld News

MARCH 20, 2024

In this regard, many have touted cyber insurance as the knight in shining armor, the end all-be all in terms of mitigating criminals' assaults on your network. Here, cyber insurance serves as an invaluable safety net by offering essential financial coverage and support services in the event of a ransomware attack occurring.

Cyber Insurance 113

Cyber Insurance Insurance Ransomware Risk 113

CyberSecurity Insiders

SEPTEMBER 13, 2022

Chief Financial Officers aka CFOs are ignoring billions of dollars loss incurred through cyber risks and threats, says a survey. CFOs also should take part in simulations and training conducted by companies meant to evaluate their cyber security strengths and susceptibilities- as a part of the proactive security approach.

Cyber Risk 131

Cyber Risk Risk Cyber Insurance Insurance 131

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.

Cyber Insurance 101

Cyber Insurance Insurance Risk Technology 101

SecureWorld News

MAY 1, 2024

Department of the Treasury's Federal Insurance Office (FIO) announced a major new initiative this week to improve the insurance industry's capabilities around modeling and underwriting terrorism and catastrophic cyber risks.

Cyber Risk 113

Cyber Risk Risk Insurance Cyber Insurance 113

SecureWorld News

NOVEMBER 3, 2023

So, if a hacker steals your trade secrets or your customers' personal information, you may still be out of luck. Third, cyber risks are constantly evolving, and insurance companies may not be able to keep up. New threats are emerging all the time, and it can take time for insurance companies to update their policies.

Insurance 104

Insurance Cyber Risk Risk Cyber Insurance 104

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).

Cyber Insurance 94

Cyber Insurance Insurance Marketing Cyber Risk 94

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

Krebs on Security

DECEMBER 12, 2018

Is it fair to judge an organization’s information security posture simply by looking at its Internet-facing assets for weaknesses commonly sought after and exploited by attackers, such as outdated software or accidentally exposed data and devices? Data accidentally released by FICO about the Cyber Risk Score for ExxonMobil.

Cyber Risk 267

Cyber Risk Energy and Utilities Risk Marketing 267

SecureWorld News

OCTOBER 20, 2021

However, we were most interested in seeing how Accenture articulated a particular business risk: the risk from a cyberattack. On page 34 of the report, Accenture dives into the risk that cyber poses to the business. L egal, reputational and financial risks? We tried breaking this into bite-sized chunks.

Cyber Risk 98

Cyber Risk Risk Insurance Cyber Insurance 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

Duo's Security Blog

FEBRUARY 4, 2025

In its modern iteration, cyber liability insurance mitigates the losses and business costs associated with cyber incidents and resulting downtime. CyberCube, a company specializing in quantifying cyber risk, estimates that the U.S. standalone cyber insurance market could reach $45 billion in premiums by 2034.

Cyber Insurance 64

Cyber Insurance Insurance Authentication Risk 64

SC Magazine

MAY 19, 2021

.” While ultimately driven by the bottom line, he still believed the approach to be “good for businesses as, through the insurance process, they will gain better visibility into their cyber risks and measures they can deploy to keep digital operations secure and compliant to data privacy regulations.”.

Cyber Insurance 102

Cyber Insurance Insurance Marketing Ransomware 102

SC Magazine

APRIL 19, 2021

AIG is one of the top cyber insurance companies in the U.S. Today’s columnist, Erin Kennealy of Guidewire Software, offers ways for security pros, the insurance industry and government regulators to come together so insurance companies can continue to offer insurance for ransomware. eflon CreativeCommons CC BY 2.0.

Insurance 113

Insurance Cyber Insurance Ransomware InfoSec 113

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.

Cyber Insurance 52

Cyber Insurance Insurance Cyber Risk Risk 52

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. Get a conversation started with our partnerships team.

Cyber Insurance 64

Cyber Insurance Insurance Penetration Testing Cyber threats 64

SecureWorld News

JANUARY 31, 2024

Cyber risk is an existential issue for companies of all sizes and in all industries. The integration of technology and automation, and related collection, use, and sharing of information into everyday business practices presents an enormous opportunity for efficiency and precision, especially in the real estate sector.

Risk 104

Risk Cyber Insurance Insurance Data breaches 104

The Last Watchdog

AUGUST 1, 2023

Recently, Guardz identified an information stealing malware called ‘ ShadowVault , ’ which also exclusively targets macOS devices. It is mainly utilized to perpetrate data theft, with a focus on extracting sensitive information from employees’ computers, including login credentials, personal data, financial information, and more.

Malware 189

Malware Insurance Cyber Insurance Small Business 189

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.

Cyber threats 128

Cyber threats Cyber Insurance Insurance Cyber Risk 128

SecureWorld News

AUGUST 18, 2020

Here is Carnival Corporation's ransomware and cyber incident statement, in full: On August 15, 2020, Carnival Corporation and Carnival plc (together, the "Company," "we," "us," or "our") detected a ransomware attack that accessed and encrypted a portion of one brand’s information technology systems. And if so, how much?

Cyber Insurance 98

Cyber Insurance Ransomware Insurance Technology 98

Security Affairs

DECEMBER 28, 2022

With the increase in the number of cyber attacks, a growing number of organizations opted to transfer the cyber risk by underwriting cyber insurance. On May 2021, Ireland’s Health Service Executive service shut down its IT systems after they were hit with a “significant ransomware attack.”.

Cyber Attacks 98

Cyber Attacks Cyber Insurance Insurance Cyber Risk 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. Roadmaps to cyber resilience. Interactive reporting that is easy to export and effectively communicate to senior management. About Pondurance.

Cyber Risk 52

Cyber Risk Risk Insurance Cyber Insurance 52

SC Magazine

FEBRUARY 8, 2021

The relationship between enterprises and insurers, like the cyber insurance market itself, is evolving. Citing cybersecurity insurance as an important “component that businesses are investing in as a layer of protection,” Muldoon said no business should be operating without it. A maturing model. billion in premium.

Insurance 126

Insurance Cyber Insurance Cybersecurity Government 126

SecureWorld News

AUGUST 21, 2020

This data included employee and student information. Ransomware operators then threaten to publicly publish the information they stole from the victim. The end result was hefty payment: "After careful consideration, the university decided to work with its cyber insurance provider to pay a fee to the ransomware attacker.

Ransomware 98

Ransomware Cyber Insurance Insurance Backups 98

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. For more information, visit securityscorecard.com.

Cyber Risk 52

Cyber Risk Insurance Risk Cyber Insurance 52

SecureWorld News

NOVEMBER 2, 2022

Kip Boyle is the virtual Chief Information Security Officer (vCISO) for several companies. He helps senior decision makers overcome cybersecurity sales objections and manages unlimited cyber risks through rigorous prioritization. A : I own a small business called Cyber Risk Opportunities LLC.

Cybersecurity 98

Cybersecurity Cyber Insurance Insurance CISO 98

Centraleyes

JUNE 6, 2024

Quantifying risk helps manage risk by breaking it down and expressing it mathematically. What is Cyber Risk Quantification? Cyber risk quantification determines an organization’s risk exposure and prospective financial impact in a language everyone understands -money.

Cyber Risk 52

Cyber Risk Risk Cyber threats Insurance 52

SecureWorld News

MARCH 28, 2024

"CIRCIA is a key milestone in moving critical infrastructure towards more awareness and coordinated response to cyber threats," said John Gallagher, Vice President at Viakoo. "As As the attack surface has shifted to vulnerabilities in IoT, OT, and industrial control systems, CIRCIA acts as an accelerant to cross-industry information sharing."

Cyber Insurance 113

Cyber Insurance Government Insurance Cyber Risk 113

SecureWorld News

FEBRUARY 6, 2024

"Businesses make calculated risk decisions balancing attack prevention costs against potential breach impact." These incidents underscore regulatory aims for public cyber risk transparency. For the broader industry, it's valuable threat intelligence highlighting the financial implications of cyber incidents."

Insurance 119

Insurance Cyber Insurance Cyber Risk Cyber threats 119

SecureWorld News

AUGUST 25, 2021

Cameron gave her perspective on cyber risk at the Royal United Services Institute (RUSI) think tank's annual security lecture earlier this year: "What I find most worrying isn't the activity of state actors. Nor is it an improbable cyber Armageddon. Cyber insurance fueling ransomware?

Ransomware 98

Ransomware Insurance Cyber Insurance Cyber Risk 98

The Last Watchdog

MARCH 1, 2019

There is a gaping shortage of analysts talented enough to make sense of the rising tide of data logs inundating their SIEM (security information and event management) systems. This, in short, is the multi-headed hydra enterprises must tame in order to mitigate rising cyber risks. But this hasn’t done the trick. Smart money.

Threat Detection 193

Threat Detection Digital transformation Marketing Firewall 193

The Security Ledger

AUGUST 20, 2019

We talk to Bruce McDonnell of the East West Institute about how insurers are responding. Related Stories Episode 155: Disinformation is a Cyber Weapon and APTs warm to Mobile Malware Podcast Episode 117: Insurance Industry Confronts Silent Cyber Risk, Converged Threats NotPetya Horror Story Highlights Need for Holistic Security.

Insurance 40

Insurance Cyber Risk Risk Cyber Insurance 40

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 98

Cybersecurity Cyber Risk Risk Cyber Insurance 98