IT Security Guru
FEBRUARY 28, 2023
Cyber insurers are losing money. The insurance sector is battling its losses by increasing premiums – which have gone up by some 94% between 2019 and 2022 – creating the artificial impression that the sector is growing. How is cyber insurance changing?
eSecurity Planet
APRIL 22, 2022
Cyberattacks are not only a technological problem for companies, but they also represent a very real financial threat. That’s where cyber insurance may be able to help. Cyber Insurance is Booming. Selecting a Cyber Insurer. Top 8 Cyber Insurers.
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CyberSecurity Insiders
APRIL 25, 2022
Cyber insurance coverage? The many breaches and the dollar judgements handed down make cyber insurance another costly operating investment. Typically, a corporation’s top tier of vendors has some form of cyber insurance. Cyber hygiene vigilance.
Security Boulevard
MARCH 15, 2022
With the cyber threat landscape showing no sign of becoming less risky, many businesses want to transfer some of their risk to cyber insurance providers. In fact, by 2020, 78% of corporate risk managers bought some type of cyber insurance coverage for their company.
SecureWorld News
SEPTEMBER 10, 2020
Trends of cyber insurance claims for 2020. Coalition, a cyber insurance company, recently released a report detailing the categories of cyber attacks as well as the cause behind the attacks for the first half of 2020. 54% of cyber attacks started with email.
Malwarebytes
APRIL 27, 2022
You’ve likely only seen cybercrime insurance primarily mentioned in relation to attacks on businesses. Some folks think the mere presence of insurance simply encourages more attacks , and is hurting more than it’s helping. Drawing insurance lines in the sand.
CyberSecurity Insiders
MARCH 25, 2021
Cyber Threats have increased on enterprise networks and all thanks to the latest trend of work from home that is being practiced by most of the firms operating across the globe to prevent the spread of Corona Virus. Cyber Threats cyber threats enterprises
CSO Magazine
JANUARY 24, 2023
Industry respondents also expressed concerns over identity theft at 4%, unavailable or unaffordable cyber insurance at 4%, geopolitical risks at 3%, DDoS attacks at 2% and website defacement at 0.9%, according to CSI’s annual survey of the financial sector.
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.
SecureWorld News
NOVEMBER 12, 2020
Sometimes when you are down in the cyber attack trees defending your organization, it can be tough to see the cyber threat forest. Understanding how things are shifting in the forest, or overall threat landscape, can help us categorize, strategize, and prioritize our resources.
Thales Cloud Protection & Licensing
JULY 21, 2022
The Ongoing Cyber Threat to Critical Infrastructure. With that in mind, Thales has launched the 2022 Thales Data Threat Report Critical Infrastructure Edition, which includes responses from 300 security leaders and practitioners within critical infrastructure organizations.
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. SAN FRANCISCO–( BUSINESS WIRE )– Cloudflare, Inc.
SC Magazine
APRIL 23, 2021
For example, they’re used in boardrooms as “eye candy” to portray the state of company cyber-risk, with supply chain partners to manage third-party risk and, even more frightening, by insurance companies to create risk profiles for cyber-insurance policies.
CyberSecurity Insiders
SEPTEMBER 26, 2022
NYSE: TRV ) today released its 2022 Travelers Risk Index results, and for the third time in four years, the survey found that cyber threats were the top overall concern for business decision makers. HARTFORD, Conn.–( –( BUSINESS WIRE )–The Travelers Companies, Inc.
Security Boulevard
JUNE 8, 2021
By Sam Jones | Cyber Tec Security. It’s important to remember, however, as we slowly transition back into some semblance of normality, that there will be new challenges to face in all facets of life, and the Cyber Security sector is no exception. CTO, Cyber Tec Security.
Security Affairs
NOVEMBER 6, 2018
Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. Group-IB, an international company that specializes in preventing cyber attacks, and a Swiss insurance broker ASPIS SA that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges cybersecurity, allowing the exchanges’ clients to ensure their assets.
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. So, experts want the CFOs to stay in a loop with the board to understand the risks and severity involved in cyber attacks.
Adam Levin
MARCH 2, 2020
We can’t hide from the threat. Businesses, individuals, governments, and organizations alike can become savvier about the threat, understand the scope of the problem, and prepare for it. In effect, ransomware is the weaponization of a cyber-protection protocol.
CyberSecurity Insiders
MAY 24, 2021
Due to an increase in cyber threats in the insurance sector, Bill Lee the Governor of Tennessee has passed an Insurance Data Security Law that will help buyers protect their personal, medical, and financial information from falling prey to hackers. .
The Hacker News
OCTOBER 24, 2022
CyberSecurity Insiders
OCTOBER 27, 2022
Cyber insurance. Cyber insurance is designed to protect businesses from the financial repercussions of a cyber-attack. Cyber insurance has also become a new compliance requirement in many industries, including healthcare, finance, and retail.
CyberSecurity Insiders
JANUARY 5, 2023
Cyber extortionists use various tactics beyond just encrypting data. Cyber extortionists not only encrypt victims' data but also often steal it. Although ransomware is a trend in the world of cyber-attacks, hackers are not always successful in obtaining the ransom.
CyberSecurity Insiders
SEPTEMBER 21, 2022
Suppose that an insurance agency calculates a 1% likelihood of the house burning to the ground each year, resulting in a total loss of the house. The insurance company would then calculate the premium based on the ALE and add a margin. Cyber Threats Detect AlienVault
CyberSecurity Insiders
OCTOBER 24, 2022
The education sector is increasingly vulnerable to simple and sophisticated cyber threats, and higher learning is especially vulnerable. Here are a few prime examples of cyber-attacks in the education sector. Freshly on the heels of this cyber security nightmare, the Albuquerque school system was breached. Cyber insurance. Often, educational institutions see cyber insurance as a needless expense.
The Hacker News
JULY 21, 2022
Growing cyber threats, tightening regulatory demands and strict cyber insurance requirements are driving small to medium-sized enterprises demand for strategic cybersecurity and compliance guidance and management.
CSO Magazine
FEBRUARY 6, 2023
Cyber insurance firm Coalition has predicted that there will be 1,900 average monthly critical Common Vulnerabilities and Exposures ( CVEs ) in 2023, a 13% increase over 2022.
CyberSecurity Insiders
AUGUST 17, 2022
Cybersecurity starts with the ability to recognize your cyber risk. We will explore several topics related to taking a practical approach to managing risk and achieving cyber resilience. Unfortunately, technology investment is no guarantee of protection against the latest threats. It is critical to take a risk-based approach to security, meaning leaders must identify and focus on specific elements of cyber risk to decrease enterprise risk. Cybersecurity insurance.
CyberSecurity Insiders
AUGUST 17, 2022
Cybersecurity starts with the ability to recognize your cyber risk. We will explore several topics related to taking a practical approach to managing risk and achieving cyber resilience. Unfortunately, technology investment is no guarantee of protection against the latest threats. It is critical to take a risk-based approach to security, meaning leaders must identify and focus on specific elements of cyber risk to decrease enterprise risk. Cybersecurity insurance.
SecureWorld News
DECEMBER 7, 2022
These algorithms will be able to learn and adapt to changing patterns in cyber threats, allowing them to detect and respond to attacks in real time. As cyber professionals continue to adopt the technology, so will malicious threat actors. Cyber insurance trends in 2023.
CyberSecurity Insiders
JULY 12, 2022
Cowbell Cyber offers stand-alone coverage to enterprise customers for security breach expenses, extortion threats, the replacement or restoration of data, loss of business income, security breach liability, computer fraud, ransom payments and more. About Cowbell Cyber.
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.
CyberSecurity Insiders
APRIL 23, 2021
Microsoft Exchange Server Cyber Attack- Cyber Threat actors somehow infiltrated the email servers of Microsoft Exchange operating across the world through a vulnerability and accessed data of many government and private companies. Cyber Attack Cyber Attacks 2021
CyberSecurity Insiders
JANUARY 6, 2023
2022 clearly demonstrated that attacks on data represent the greatest cyber-threat organizations face. Job dissatisfaction and surging unemployment across the technology sector is likely to spur more insider threats. Insurance Refusals and Rate Hikes.
CyberSecurity Insiders
APRIL 30, 2022
–( BUSINESS WIRE )–Acrisure, a fast-growing fintech leader that operates a top-10 global insurance broker, today announced a partnership with Coalition, a leading global provider of cyber insurance and security. GRAND RAPIDS, Mich.–(
CyberSecurity Insiders
JANUARY 11, 2023
In recent years, we have seen the threat landscape become increasingly complex as threat actors use sophisticated techniques to exploit vulnerabilities of weak passwords, missing patches and antiquated software, thus gaining access to corporate networks.
CyberSecurity Insiders
JANUARY 10, 2023
The discussion of cyber security has grown beyond the IT department and now includes the entire C-suite as well as the Board. It doesn’t matter how good their cyber hygiene, endpoint protection or event analytics are.
CyberSecurity Insiders
APRIL 19, 2021
Hiscox Cyber Readiness Report 2021 states that most of the German firms are vulnerable to cyber attacks and are topping the list of the study group with a loss tally of $48 million. Gareth Wharton, the CEO of Hiscox, said that cyber attacks are turning complex.
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).
CyberSecurity Insiders
FEBRUARY 2, 2023
BOSTON–( BUSINESS WIRE )– Corvus Insurance , the leading provider of Smart Cyber Insurance ® products powered by AI-driven risk data, announced today its all-in-one cyber underwriting platform that arms underwriters with predictive data-driven insights.
Cisco Security
JULY 11, 2022
And this is not an isolated case – Comparitech published a story ‘ Ransomware attacks on US schools and colleges cost $3.56bn in 2021 ’ and outlined how threat actors have evolved with their ransomware attacks on schools and colleges. Protect yourself from Cyber criminals .
CyberSecurity Insiders
JUNE 10, 2022
instead of As cybercrime is expected to exceed $10 trillion in annual damages by 2025, cyber-risk is now considered by many to be a mission-critical risk requiring heightened board attention.). New Board Reporting Offering Will Strengthen Oversight of Cyber Risk in the Boardroom.
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. Cyber Risk Insights Conference 2022 – Oct. PALO ALTO, Calif.–(
CyberSecurity Insiders
DECEMBER 22, 2022
Cybersecurity insurance is another cost concern for 78% of security professionals. More than a third (39%) said it’s already too expensive, and another 39% said that while they believe cyber insurance offers value today, that won’t be the case if prices go up further. TAMPA, Fla.–(
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