Security Boulevard

OCTOBER 13, 2021

Will NYDFS’s Cyber Insurance Framework Set a Precedent for the Cyber Insurance Industry? As ransomware attacks reach unprecedented numbers and the number of record exposures continues to skyrocket, an increasing number of organizations are at risk of attack—and the cyber insurance industry is taking note.

Cyber Insurance 115

Cyber Insurance Insurance Risk Ransomware 115

Security Boulevard

FEBRUARY 11, 2021

In 2021, rethinking your cyber insurance strategy should be a top priority for CISOs and executive leadership. The elevated risk landscape is driving growing demand for cyber insurance: Nearly four out of five organizations. The post Is it Time to Update Your Cyber Insurance Strategy?

Cyber Insurance 140

Cyber Insurance Insurance CISO Risk 140

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.

Cyber Insurance 72

Cyber Insurance Insurance Cyber Risk Risk 72

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

SC Magazine

MAY 19, 2021

Today’s special columnist, Scott Register of Keysight Technologies, says government and industry must come together to secure the nation’s critical infrastructure in the wake of the Colonial Pipeline hack. That in itself has evolved, as insurers and insured learn just how expensive that fallout can be.

Cyber Insurance 102

Cyber Insurance Insurance Marketing Ransomware 102

Malwarebytes

SEPTEMBER 30, 2022

It seems like not a day goes by where we don’t hear about a local government cyberattack. Indeed, from 911 call centers to public schools , cyberattacks on local governments are as common as they are devastating. Just how often do threat actors attack local governments? said daily. said daily. Table of Contents.

Government 59

Government Cybersecurity Cyber Insurance Insurance 59

Webroot

AUGUST 10, 2021

The issue at the heart of ransomware insurance will be familiar to most parents of young children: rewarding bad behavior only invites more of the same, so it’s generally not a good idea. But critics of the ransomware insurance industry argue that’s exactly what the practice does. So, if U.S.-based

Insurance 120

Insurance Ransomware Cybersecurity Cyber Insurance 120

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. Global trade governance and compliance.

Cybersecurity 98

Cybersecurity Cyber Insurance Insurance CISO 98

Schneier on Security

MARCH 8, 2019

This will complicate things: To complicate matters, having cyber insurance might not cover everyone's losses. Zurich American Insurance Company refused to pay out a $100 million claim from Mondelez, saying that since the U.S.

Insurance 199

Insurance Cyber Insurance Cybersecurity Government 199

eSecurity Planet

OCTOBER 18, 2021

A lawsuit working its way through the courts could have a lot to say about the liabilities facing organizations that have been hit by ransomware attacks – and could have implications for cybersecurity preparation and regulation in general. Hospital’s Operations Hit by Ransomware. ” Cyber Insurance No Longer Reliable.

Ransomware 94

Ransomware Cyber Insurance Insurance Digital transformation 94

SecureWorld News

MARCH 28, 2024

Department of Homeland Security (DHS) is set to implement long-awaited rules that will require critical infrastructure entities across multiple sectors to report cyber incidents and ransomware payments to the federal government. Follow SecureWorld News for more stories related to cybersecurity.

Cyber Insurance 98

Cyber Insurance Government Insurance Cyber Risk 98

CyberSecurity Insiders

DECEMBER 9, 2021

In a recent study made by Gartner, Lloyd’s emerged as a top company that increased its coverage premiums by 50% in 2021, all because of a global impact of ransomware attacks on corporate and government networks.

Insurance 134

Insurance Cyber Attacks Cyber Insurance Manufacturing 134

SecureWorld News

MARCH 28, 2024

Department of Treasury on March 27th released a report titled "Managing Artificial Intelligence-Specific Cybersecurity Risks in the Financial Services Sector." The report highlights the growing concern around artificial intelligence (AI) and its potential to introduce new cybersecurity threats to the financial industry.

Risk 82

Risk Artificial Intelligence Cybersecurity Financial Services 82

SecureList

NOVEMBER 9, 2022

Every year, Kaspersky experts prepare forecasts for different industries, helping them to build a strong defense against any cybersecurity threats they might face in the foreseeable future. The contributors include representatives from government institutions: H.E. This will definitely play its role in corporate cybersecurity.

Cybersecurity 121

Cybersecurity Cyber Insurance Cybercrime IoT 121

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.

Insurance 126

Insurance Cyber Insurance Cybersecurity Government 126

Krebs on Security

AUGUST 29, 2019

PerCSoft , a Wisconsin-based company that manages a remote data backup service relied upon by hundreds of dental offices across the country, is struggling to restore access to client systems after falling victim to a ransomware attack. The ransomware attack hit PerCSoft on the morning of Monday, Aug. West Allis, Wis.-based

Backups 224

Backups Ransomware Insurance Encryption 224

Heimadal Security

MAY 11, 2021

a global insurance organization based in Paris that also provides investment management and other financial services, has disclosed on Thursday that it will halt cyber insurance policies in France that refund those affected by ransomware attacks for payment made to hackers.

Insurance 60

Insurance Cyber Insurance Ransomware Financial Services 60

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 124

Cyber Insurance Insurance Marketing Phishing 124

CyberSecurity Insiders

JUNE 23, 2021

In conjunction with #RansomwareWeek, today (ISC)² announced that its popular Professional Development Institute (PDI) course titled “ Ransomware: Identify, Protect, Detect, Recover ,” is now free to the public through July 31, 2021. Join the ransomware discussion in the (ISC) 2 Community.

Education 73

Education Ransomware Cyber Insurance Insurance 73

SecureWorld News

SEPTEMBER 23, 2021

But did you know the Secret Service is deep into cybersecurity, too? This includes the fight against ransomware. His unique insights around cybersecurity-related topics shine a light on ransomware risk for organizations, government agencies, and the public. The Secret Service and the ransomware battle.

Ransomware 73

Ransomware Cyber Insurance Insurance Government 73

SecureWorld News

DECEMBER 7, 2022

As the world becomes increasingly reliant on technology, cybersecurity remains a top priority for individuals, businesses, and governments alike. People have been saying that the evolution of AI will be key for cybersecurity, and everything else, for years now. Cybersecurity skills shortage will continue.

Cybersecurity 95

Cybersecurity Cyber Insurance Insurance Social Engineering 95

SC Magazine

JULY 14, 2021

FBI’s cyber division personnel in front of a computer screen. New research finds that ransomware atracks have grabbed the attention of leaders across business sectors. The FBI reported an increase of more than 225% in total losses from ransomware in the U.S. in 2020 alone.

Ransomware 98

Ransomware Cyber Insurance Financial Services Retail 98

CyberSecurity Insiders

APRIL 30, 2021

Combating Ransomware – A Comprehensive Framework for Action provides 48 practical recommendations to curb the rampant spread of this increasingly destructive type of cybercrime. “In Ransomware is an international cybercrime that is multiplying in frequency and severity.

Ransomware 52

Ransomware Government Cyber Insurance Cybercrime 52

CyberSecurity Insiders

MAY 6, 2021

French multinational Insurance Company AXA has publicly announced that it will not issue any reimbursements for the victims of Ransomware attacks in France. Axa’s statement says that they don’t pay and will never pay for cyber crimes involving ransomware as per the sentence issued by prosecutor Johanna Brousse.

Insurance 76

Insurance Ransomware Cyber Insurance Healthcare 76

The Last Watchdog

SEPTEMBER 14, 2018

In March 2018, the city of Atlanta fell victim to a ransomware attack that shut down its computer network. The attack also brought cybersecurity to the local level. His company supplies a co-managed SIEM service to mid-sized and large enterprises, including local government agencies. City agencies were unable to collect payment.

Government 147

Government Digital transformation Cyber Insurance Hacking 147

Thales Cloud Protection & Licensing

MAY 9, 2022

It is hard to believe that it has already been one year since the Colonial Pipeline ransomware attack that forced the U.S. This attack was one of the biggest ransomware ones to date. Attacks on Critical National Infrastructure will continue to rise in 2022 as ransomware gangs show no signs of abating. Mon, 05/09/2022 - 05:40.

Cyber Insurance 71

Cyber Insurance Insurance Backups Ransomware 71

The Last Watchdog

OCTOBER 5, 2023

Editor’s note: I recently had the chance to participate in a discussion about the overall state of privacy and cybersecurity with Erin Kapczynski, OneRep’s senior vice president of B2B marketing. How did you first get interested in cybersecurity as a career? Erin: So, let’s get started. What drew you to this field?

Cyber threats 203

Cyber threats Cyber Insurance Cybersecurity Threat Detection 203

SecureWorld News

NOVEMBER 3, 2023

For example, a policy may have a sub-limit on ransomware payments, or it may exclude coverage for certain types of cyberattacks. Third, cyber risks are constantly evolving, and insurance companies may not be able to keep up. This means that there may be some cyber risks that are not covered by your policy.

Insurance 93

Insurance Cyber Risk Risk Cyber Insurance 93

Security Affairs

JULY 8, 2019

Government computer systems at La Porte County, Indiana, were shut down after a cyber attack hit them on July 6. Experts believe it was a ransomware attack. On July 6, a cyber attack brought down government computer systems atLa Porte County, Indiana. Pierluigi Paganini. SecurityAffairs – La Porte, hacking).

Government 88

Government Insurance Cyber Insurance Cyber Attacks 88

SecureWorld News

NOVEMBER 1, 2021

Cybersecurity is a complex topic. Governments and organizations are trying to figure out the best way to approach this issue. And now The White House is weighing in with a new report, A Strategic Intent Statement for the Office of the National Cyber Director. The vision for cybersecurity: changing how we think about it.

Cybersecurity 78

Cybersecurity Government Cyber Insurance Technology 78

SecureWorld News

MAY 5, 2023

The City of Dallas, Texas, was forced to shut down police communications and IT systems on Monday morning, May 1, due to a suspected ransomware attack. Subsequently, the City has confirmed that a number of servers have been compromised with ransomware, impacting several functional areas, including the Dallas Police Department Website."

Ransomware 87

Ransomware Cyber Risk Cyber Insurance Social Engineering 87

Thales Cloud Protection & Licensing

FEBRUARY 15, 2023

The Pain of Double Extortion Ransomware divya Thu, 02/16/2023 - 06:10 Ransomware perpetrators are adopting more sophisticated attack techniques with much success. Ransomware attacks have become much more dangerous and have evolved beyond basic security defenses and business continuity techniques like next-gen antivirus and backups.

Ransomware 71

Ransomware Encryption Backups Cyber Insurance 71

SC Magazine

FEBRUARY 25, 2021

On Wednesday – just Wednesday – news stories emerged about an airplane maker, information technology giant and computer game company all having operations disrupted by ransomware. In the last year, such attacks have swept through every sector, affected schools, hospitals, critical infrastructure, transportation and governments.

Ransomware 104

Ransomware Insurance Government Cryptocurrency 104

Security Affairs

FEBRUARY 25, 2024

Iran Crisis Russia-Aligned TAG-70 Targets European Government and Military Mail Servers in New Espionage Campaign U.S.

Spyware 94

Spyware Cyber Insurance Hacking Advertising 94

Cytelligence

JANUARY 14, 2020

More targeted ransomware – 2019 saw ransomware exploits getting highly targeted against specific businesses, as well as local government. The rise of cyber insurance – Underwriters will sell more cyber insurance policies for businesses and government agencies such as schools, hospitals and utilities.

Cybersecurity 65

Cybersecurity Cyber Insurance Insurance Ransomware 65

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. Are there policies and procedures in place to ensure good governance of information security?

Insurance 83

Insurance Cybersecurity Cyber Insurance Cyber Risk 83

Malwarebytes

JANUARY 26, 2022

Due to the evolving and growing impact of cybersecurity incidents there are some questions starting to arise about the way that insurance companies deal with the costs that are the results of such incidents. But cyber insurance comes in different flavors and sizes. Pharmaceutical giant Merck & Co. An act of war?

Insurance 86

Insurance Cyber Insurance Ransomware Data breaches 86