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).

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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. These industries include consumer businesses, healthcare, and financial services.

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Joseph Steinberg

AUGUST 5, 2021

Likewise, the complexity of cybersecurity and of evaluating related risks has also translated into many insurance companies seeking to insure only large enterprises – the cost of doing business with small and medium sized business is simply not worth their time.

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SecureWorld News

JUNE 8, 2020

COVID-19's impact on cybersecurity is undeniable. From cyberattacks on unemployment systems and the healthcare industry , to the security risks associated with remote work , SecureWorld has covered how these rapid changes have developed into a "Wild West" threat landscape. COVID-19 is raising cyber insurance rates.

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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. While supply-chain is a big challenge for business right now, its cybersecurity is not merely an issue, it’s a major problem.

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eSecurity Planet

APRIL 26, 2022

Achieving funding is no simple task, and cybersecurity entrepreneurs have a difficult path competing in a complex and competitive landscape. Luckily for cybersecurity startups, there’s no shortage of interest in tomorrow’s next big security vendors. Investments in cybersecurity more than doubled from $12 billion to $29.5

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Centraleyes

DECEMBER 19, 2024

10 NYCRR 405.46: NYs New Hospital Cyber Regulation Hospitals are no strangers to health data privacy laws like HIPAA. But New Yorks new cybersecurity regulations take things to the next level. They address data privacy and the escalating threat of cyberattacks targeting healthcare institutions. 10 NYCRR 405.46

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SecureWorld News

APRIL 23, 2025

The DBIR breaks down breach trends across industries: Financial and Insurance: Heavily targeted by credential stuffing and phishing; fastest detection rates. Healthcare: Insider threats and error-related breaches dominate. We asked experts at cybersecurity vendors for their comments and additional insights. Mike McGuire , Sr.

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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. Jose Seara, CEO of DeNexus, welcomed the convergence of cybersecurity mandates across government agencies. "It

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SecureWorld News

AUGUST 23, 2023

National Institute of Standards and Technology (NIST) released the Initial Public Draft of its Cybersecurity Framework (CSF) version 2.0. For a solid rundown of what the updates mean, check out this SecureWorld article from Kip Boyle , vCISO, Cyber Risk Opportunities LLC. On August 8, 2023, the U.S. 19, Detroit on Sept.

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Security Boulevard

JANUARY 18, 2024

Cybersecurity risks increase every year and bludgeon victims who fail to prepare properly. Cybersecurity predictions offer a glimpse at the dangerous oncoming traffic and help leaders develop strategies to navigate their journey safely. Those in cybersecurity who fail to look ahead will be crushed by what they don’t see coming.

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SC Magazine

JULY 13, 2021

Now as the healthcare industry gets some breathing room from the pandemic, another one is surging – cyberattacks,” Dan L. The attacks on our nation’s critical infrastructures, which includes our hospital systems, has resulted in government agencies showing a renewed focus on cybersecurity.”.

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BH Consulting

JULY 17, 2024

Curated advice, guidance, learning and trends in cybersecurity and privacy, as chosen by our consultants. Cyber insurance: whisper it, but it seems to be working Cyber insurance premiums have dropped by 15 per cent compared to their peak in 2022. The findings echo Coalition’s 2024 Cyber Claims report.

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SC Magazine

JULY 14, 2021

In addition, having cyber insurance coverage in place does not guarantee an organization can recoup losses associated with a ransomware attack. Click here to register for an upcoming CISO roundtable from Cybereason, in partnership with Cybersecurity Collaborative: Ransomware attacks and the true cost to business.

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eSecurity Planet

OCTOBER 5, 2021

Cyber Insurance companies used to simply provide lists of potential vendors approved by the insurer, but with the rising costs of breaches, insurers need to control costs. ISACA’s State of Cybersecurity 2021 report noted that 55% of respondents cannot fill all of their open cybersecurity positions.

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CyberSecurity Insiders

MAY 6, 2021

AXA that is one among the top 5 insurance companies in Europe has issued the statement citing to the orders issued by the French Justice and Cybersecurity Officials during a round table conference of the Senate in Paris that insurance firms should stop reimbursing insurance claims filed by businesses that were hit by ransomware.

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Centraleyes

MAY 21, 2025

Cybersecurity Cyber threats are growing fast, and ransomware is leading the charge. Universities are targets because they store valuable information: student records, research data, and healthcare details. Cyber Insurance: Another Layer of Complexity With ransomware on the rise, cyber insurance premiums are spiking.

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Centraleyes

DECEMBER 16, 2024

As we approach 2025, the cybersecurity landscape is evolving rapidly, shaped by technological advancements, regulatory shifts, and emerging threats. Below is an exhaustive list of key cybersecurity trends to watch out for in 2025. Lets explore the top current cybersecurity trends this year. The challenge?

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eSecurity Planet

AUGUST 9, 2022

Healthcare Data Privacy Laws. are subject to laws such as the Health Insurance Portability and Accountability Act (HIPAA) and the Health Information Technology for Economic and Clinical Health Act (the HITECH Act), as well as regulations such as the Clinical Laboratory Improvements Amendments (CLIA).

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SecureWorld News

SEPTEMBER 14, 2021

The school district’s cyber insurance provided free credit monitoring, but many parents were still puzzled by how to report the problem and what steps they should take next to protect their children. How can you protect children against a malignant data leak after it has already happened?

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eSecurity Planet

OCTOBER 18, 2022

First, call the cyber insurance company that issued the organization’s cybersecurity policy. Most insurance companies require specific incident response vendors, procedures, and reporting that must be met to meet the standards to be insured. Insured companies often will not have options.

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Herjavec Group

FEBRUARY 18, 2021

Fast forward almost 20 years and we’re in a world of 3200 cybersecurity vendors and hundreds of MSSPs. Within this whirlwind of all things moving to the internet, insurance vendors recently began to take cyber insurance very seriously. He and his tiny team of 3 people, began the world’s first MSSP.

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Digital transformation Computers and Electronics Cyber Insurance Insurance 81

CyberSecurity Insiders

JANUARY 5, 2022

This alliance will allow the healthcare system to reduce its risk of a cyber-attack and help them achieve its cybersecurity goals. “We The cost of these cyber events is rising sharply with cyber insurance premiums and compliance requirements increasing. About CynergisTek, Inc.

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eSecurity Planet

APRIL 6, 2023

Ransomware is the most feared cybersecurity threat and with good reason: Its ability to cripple organizations by locking their data is a threat like no other. Cyber criminals have learned that it is not only businesses that make soft targets for the attacks. The private key is only given to the target once the payment is given.

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eSecurity Planet

FEBRUARY 16, 2021

A ransomware attack is about as bad as a cyber attack can get. It can shut down your business – in the case of healthcare organizations that can be life-threatening for patients – damage your reputation with customers and employees, and invite further attacks as cybercriminals view your organization as an easy mark. Ransomware facts.

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Centraleyes

APRIL 9, 2024

The top five countries and regions for the highest average cost of a cyber security breach in 2023 were as follows: the US ($9.4 Uneven Impact on Industries The healthcare sector bears the heaviest burden, with an average cloud data breach cost of $10.10 million), the Middle East ($8.07 million), Canada ($5.13 million), Germany ($4.67

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Data breaches Cyber Insurance Insurance Ransomware 52

NetSpi Executives

APRIL 27, 2024

Some can’t afford not to pay, and some are covered by cyber insurance. Should I get a ransomware cyber insurance policy? Many organizations have used cyber insurance to recover from ransomware attacks. About 1 in 4 victims pay the ransom. To date, the largest known ransom payment is $70 million.

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SecureWorld News

APRIL 1, 2021

Ransomware has been one of the hottest topics in cybersecurity during the last year. Furthermore, when an organisation has a cyber insurance policy, it might be able to claim the ransom back, which may encourage payment. And now some researchers are labeling it the "perfect storm.".

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Pen Test

OCTOBER 10, 2023

Provide cybersecurity awareness training to all personnel, enabling them to identify social engineering attacks and risky behavior. Identify cyber insurance policies and ensure they align to business needs regarding ransomware attacks and data leaks. Stress reporting suspicious activity. Seek adequate coverage.

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Security Boulevard

MAY 17, 2023

Despite investing significant resources in cybersecurity, companies are still being hacked. How has cybersecurity evolved? Why are cyber attacks still on the rise? How will AI impact cybersecurity? What is Mamori.io’s approach to cybersecurity? What is the future in cybersecurity? How are you?

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ForAllSecure

MAY 17, 2023

Chris Gray of Deep Watch talks about the view from the inside of a virtual SOC, the ability to see threats against a large number of SMB organizations, and the changes to cyber insurance we’re seeing as a result. VAMOSI: Cybersecurity insurance. cyber insurance as a whole was changing heavily.

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Threatpost

JANUARY 7, 2021

Provide your views on ransomware and how to deal with it in our anonymous Threatpost poll.

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Spinone

OCTOBER 13, 2020

Cybersecurity insurance will offset the ransom. Another factor that can weigh into making the decision to pay the ransom demanded by ransomware is having cybersecurity insurance. In fact, one report shows that business email compromises are 23% of cyber insurance claims.

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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.

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eSecurity Planet

MAY 11, 2023

The only exception, it seems, has been cloud service providers, who boast an enviable record when it comes to cybersecurity, thanks to rigorous security practices like Google’s continuous patching. I am very surprised that the cyber insurance industry has not required zero trust architecture already, but perhaps the $1.4

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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. ” Cyber Insurance No Longer Reliable.

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ForAllSecure

MAY 30, 2023

A lot of people with administrative backgrounds, from network administrators to you know IT resources that had been made the transition into more of a cybersecurity focus. By no means. Does that mean that there was no ransomware occurring? MUSIC] VAMOSI: Of course, given the nature of his work, Mark has stories.

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