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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Cybersecurity Cyber Insurance Cybercrime IoT 121

SecureWorld News

JANUARY 21, 2024

Battling cybersecurity threats can often feel like an uphill struggle. Nonprofits often juggle tight budgets and unique operational demands, making it even more difficult to keep sensitive information safe—but here's the thing: you don't need a fortune to build a strong defense against the possible cyber threats out there.

Cybersecurity 92

Cybersecurity Backups Cyber threats Software 92

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.

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SecureWorld News

DECEMBER 7, 2022

As the world becomes increasingly reliant on technology, cybersecurity remains a top priority for individuals, businesses, and governments alike. From advancements in artificial intelligence (AI) to the continued evolution of ransomware and cyberattacks, the coming year is sure to bring significant developments in the world of cybersecurity.

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Cybersecurity Cyber Insurance Insurance Social Engineering 92

SecureWorld News

OCTOBER 19, 2023

Global inflation can have, and is having, a significant impact on cybersecurity. As prices rise, organizations may be tempted to cut back on cybersecurity spending, making them more vulnerable to cyberattacks. Additionally, inflation can make it more difficult for organizations to keep up with the latest cybersecurity threats.

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Malwarebytes

SEPTEMBER 30, 2022

The first is that they handle troves of sensitive data, especially personally identifiable information (PII) , and the second is that they operate on shoestring budgets with little to no cybersecurity staff or leadership buy-in. We’ll break down five best practices for local government cybersecurity in this post.

Government 57

Government Cybersecurity Cyber Insurance Insurance 57

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?

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Cyber threats Cyber Insurance Cybersecurity Threat Detection 203

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.

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eSecurity Planet

JULY 12, 2022

As we didn’t have a comprehensive cybersecurity plan in place, the attack brought the entire business to its knees.”. Cyber Insurer Provides Help. As Spectra Logic had the foresight to take out cyber insurance , Chubb representatives were professional and helpful, according to Mendoza. Most had been infected.

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Ransomware Cyber Insurance Backups Insurance 137

Security Boulevard

MAY 12, 2022

Is The Cost Of Predictive Cyber Security Worth The Investment? Cybersecurity Events Becoming More Predictable ? With the advancements in cybersecurity science, mathematics and physics, and, of course, a good dose of luck, there is light at the end of the tunnel regarding predictable cybersecurity capabilities.

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CyberSecurity Insiders

JUNE 22, 2023

Instead, the ransom pay can be covered from a cyber insurance policy, provided it is taken prior to the launch of the attack and covers the costs associated with the malware attack. The post Can we get loan to pay ransom in ransomware attacks appeared first on Cybersecurity Insiders.

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Ransomware Banking Cyber Insurance Insurance 96

Cytelligence

JANUARY 14, 2020

The variety show of phishing attacks – While email remains number one for phishing attacks, cybercriminals are also using a variety of other attack routes to trick their intended victims into giving up personal information, login credentials, or even sending money. The post Cybersecurity in 2020 appeared first on Cytelligence.

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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. Sometimes, contracts or proposals ask suppliers for both cybersecurity insurance and documented security controls.

Insurance 83

Insurance Cybersecurity Cyber Insurance Cyber Risk 83

Thales Cloud Protection & Licensing

MAY 9, 2022

Therefore, immediate action is needed to deploy more robust cybersecurity strategies. The White House Executive Order on Improving the Nation’s Cybersecurity from May 12, 2021 and the supporting Office of Management Budget Federal Strategy to Move the U.S. Cyber insurance coverage ramps up.

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Cyber Insurance Insurance Backups Ransomware 71

Cisco Security

JANUARY 10, 2023

As a result of this, next year we could see CISOs tightening up the disclosure decision making process, focusing on quicker and greater clarity on breach impact, and even looking to include personal liability cover in cyber insurance contracts. Increasing demands from insurers. How Zero Trust will progress.

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eSecurity Planet

OCTOBER 18, 2022

The vast majority of cybersecurity decision makers – 91 percent, in fact – find it difficult to select security products due to unclear marketing, according to the results of a survey of 800 cybersecurity and IT decision makers released today by email security company Egress. Defense-in-depth or Vendor Sprawl?

Marketing 118

Marketing Cyber Insurance Cybersecurity Security Awareness 118

Malwarebytes

JULY 10, 2022

Without cyber insurance , you can expect to pay a dizzying amount of cash. In 2022 alone, the average cost of a data breach for businesses under 1,000 employees was close to $3 million—and these costs are coming from activities that cyber insurers typically cover, such as detecting and responding to the breach.

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Security Affairs

APRIL 24, 2022

Please vote for Security Affairs as the best European Cybersecurity Blogger Awards 2022 – VOTE FOR YOUR WINNERS Vote for me in the sections “The Underdogs – Best Personal (non-commercial) Security Blog” and “The Tech Whizz – Best Technical Blog” and others of your choice. Patch them now!

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Cyber Insurance Spyware Firmware Insurance 75

Security Boulevard

JULY 30, 2022

Staying Ahead of the Distortion of a Cyber Attack? One of the most sacred responsibilities of all cybersecurity professionals is protecting information. Each firewall, IDS, MFA, and email security is built to protect and stop cyber attacks. However, do most cybersecurity attacks happen the way it is portrayed?

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Cyber Attacks Artificial Intelligence Education Cyber Insurance 110

CyberSecurity Insiders

OCTOBER 26, 2022

From a budgetary standpoint, ransom payments and cyber insurance premiums have continued to rise over time. Furthermore, cybersecurity training must be an ongoing initiative for all companies, instead of annual refresher courses.

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Ransomware Cyber Insurance Insurance Risk 120

Malwarebytes

JULY 5, 2021

Other cybersecurity news.

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Cyber Insurance Social Engineering Scams Insurance 94

Duo's Security Blog

OCTOBER 18, 2021

Recently, while co-hosting a webinar that kicked off Cybersecurity Awareness Month, a panelist commented that cybersecurity and privacy are team sports on a campus, much like our athletic teams. In a recent Duo blog post, we gave an overview of cyber liability insurance.

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Insurance Education Risk Cyber Insurance 86

Webroot

JUNE 2, 2022

MDR is an approach to proactively manage threats and malicious activity that empowers organizations to become more cyber resilient. MDR services offer threat detection and response capabilities by augmenting cybersecurity tools with human security intelligence. Ransomware, malware and phishing threats keep evolving.

Threat Detection 101

Threat Detection Cyber Insurance Small Business Insurance 101

SC Magazine

JULY 13, 2021

The data supports a June Avanan report , which confirmed health care has been among the most targeted with phishing attacks during the first half of 2021, alongside the IT and manufacturing industries. The health care sector saw over 6,000 phishing emails out of an average of 451,792 emails. Another 20.7%

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Data breaches Insurance Healthcare Education 113

SecureWorld News

NOVEMBER 12, 2020

The European Union Agency for Cybersecurity (ENISA) just published its Threat Landscape 2020 report. It found cyber attacks becoming more sophisticated, targeted, widespread, and undetected. First, however, let's look at the top 15 cyber threats organizations face right now, according to the report: Malware. Web-based Attacks.

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Malwarebytes

FEBRUARY 3, 2023

” Another report, called the ‘ State of cyber security in the UK ’, surveyed 500 UK-based cybersecurity strategy decision makers. percent) reporting between 40 and 60 cyber security incidents in the last 12 months. The threat which was mentioned the most in responses to the survey was phishing.

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Scams Banking Cyber Insurance Phishing 78

Centraleyes

APRIL 9, 2024

With an annual investment of $1 million in cybersecurity measures, the ROI stands at a formidable 300%. For every dollar invested in cybersecurity, the company saves three dollars in costs associated with a data breach. million, underscoring the critical importance of a skilled and robust cybersecurity workforce. or USD 470,000.

Data breaches 52

Data breaches Cyber Insurance Insurance Ransomware 52

SecureWorld News

MAY 5, 2023

Unfortunately, 'cybersecurity' is not a technical problem that can just be fixed with a patch, security update, change of code, or even a tool or service—no matter how great the tool or service may be—but is an ongoing battle with an active adversary that is countering every move and continuously probing for new weaknesses to exploit.

Ransomware 83

Ransomware Cyber Risk Cyber Insurance Social Engineering 83

Adam Levin

JULY 8, 2020

A recent domain hijack of Japanese cryptocurrency exchange Coincheck.com was used to spoof the company in a spear-phishing campaign. Whether your company is international or a regional operation, the time to invest in a cybersecurity audit was yesterday. Over 200 customers engaged with the hackers before they were discovered.

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Hacking Retail Cyber Insurance Authentication 130

Cytelligence

JANUARY 27, 2020

Ransomware is becoming an epidemic in the cybersecurity world, with new strains being created continuously by criminals to extort money out of unsuspecting users. Threat actors attack tactics include the following: Phishing – using a phishing email the workstation is infected and access provided to the ransomware threat actors.

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Ransomware Cyber Insurance Insurance Encryption 53

BH Consulting

JUNE 13, 2023

Curated advice, guidance, learning and trends in cybersecurity and privacy, as chosen by our consultants. Finance fraud and phishing scams increase in Ireland, too Financial fraud and scams in Ireland have risen by 560 per cent in three years. When is a cybersecurity incident a GDPR data breach?

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Social Engineering Data breaches Scams DDOS 52

SecureWorld News

OCTOBER 20, 2021

We hear this at SecureWorld cybersecurity conferences on a regular basis. federal and state laws governing the protection of privacy, health or other personally identifiable information and data privacy and cybersecurity laws in other regions. Cyberrisk is business risk. This includes the 2021 annual report at Accenture.

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Cyber Risk Risk Insurance Cyber Insurance 81

SecureWorld News

NOVEMBER 22, 2021

Originally, these attacks began as phishing emails that compromised employee credentials, but later variants branched into tricking members of the human resources (HR) and financial departments into making the changes for an executive. If you have cyber insurance, will it cover some or all BEC incidents?

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Scams Cybercrime Accountability Banking 82

IT Security Guru

DECEMBER 5, 2022

Everyone in the cyber insurance industry or trying to get cyber insurance today knows that using multifactor authentication (MFA) is an absolute make-or-break requirement for getting a cyber insurance policy; or if you can get a policy without MFA, you will pay a hefty increased premium for the same amount of coverage.

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Insurance Cyber Insurance Phishing Social Engineering 110

eSecurity Planet

AUGUST 9, 2022

Other industry standards too can have the force of “pseudo-law” – notably, the NIST Cybersecurity Framework, which federal regulators often apply to financial-services firms and government contractors. See the Best Cybersecurity Awareness Training for Employees.

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Data privacy Encryption Data breaches Insurance 142

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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Ransomware Cyber Insurance Social Engineering Cybercrime 56

Malwarebytes

OCTOBER 19, 2022

It is hugely effective: It can protect you from stolen passwords and credential stuffing, shut out online and offline brute-force guessing attacks, and some forms of MFA will even stop phishing attempts. A muli-layered approach to cyber attack prevention. Cyber threat hunting for SMBs: How MDR can help.

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Passwords Ransomware Backups Cyber Insurance 67