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 100

Cyber Insurance Insurance Risk Technology 100

Hacker's King

DECEMBER 24, 2024

As the digital landscape evolves, cybersecurity remains a critical concern for businesses, governments, and individuals alike. With the advent of new technologies and rising cyber threats , 2025 promises significant shifts in the cybersecurity domain.

Cybersecurity 59

Cybersecurity Cyber Insurance IoT Insurance 59

eSecurity Planet

MAY 27, 2021

The explosion of ransomware and similar cyber incidents along with rising associated costs is convincing a growing number of insurance companies to raise the premiums on their cyber insurance policies or reduce coverage, moves that could further squeeze organizations under siege from hackers. Insurers Assessing Risks.

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Cyber Insurance Insurance Cyber Attacks Ransomware 128

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. On top of this, a significant 41% of victims opted to pay the ransom, which is a difficult decision that's fraught with its own respective complexities and risks.

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Cyber Insurance Insurance Ransomware Risk 113

SC Magazine

JUNE 28, 2021

The rise of the cyber insurance has largely failed to promote better cybersecurity practices among the industries they cover, according to a new report released Monday from British security think tank RUSI. Photo by Spencer Platt/Getty Images). But recent research shows that’s not happening.

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Cyber Insurance Insurance Ransomware Marketing 136

SecureWorld News

FEBRUARY 5, 2025

The State of Cybersecurity in Canada 2025 report, published by the Canadian Cybersecurity Network (CCN) and the Security Architecture Podcast , delivers an in-depth analysis of the evolving threat landscape, emerging risks, and strategic recommendations for Canadian organizations.

InfoSec 75

InfoSec Energy and Utilities Cybersecurity Education 75

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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Cyber Insurance Insurance Data breaches Phishing 107

CyberSecurity Insiders

AUGUST 26, 2022

Lloyd’s London, one of the largest insurance services providers in the world, has disclosed that it is making amendments to its cyber insurance laws that will come into effect from March 2023. All insurance companies exclude the risks inferred from war like situations.

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Cyber Insurance Insurance Cyber Attacks Risk 90

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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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.

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Dark Reading

NOVEMBER 16, 2023

Organizations are also looking at threat intelligence, risk assessment, cyber insurance, and third-party risk management.

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Cyber Insurance Technology Insurance Cybersecurity 93

The Last Watchdog

APRIL 30, 2019

If your company is participating in the global supply chain, either as a first-party purchaser of goods and services from other organizations, or as a third-party supplier, sooner or later you’ll encounter the NIST Cybersecurity Framework. This includes not just the NIST CSF, but also the newly minted NIST Risk Management Framework 2.0,

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Cybersecurity Insurance Cyber Insurance Risk 173

Centraleyes

MAY 21, 2025

Leading a university also means managing a very complex set of risks: cyberattacks, financial instability, regulatory shifts, and reputational fallout, just to name a few. These risks threaten an institutions ability to educate, innovate, and serve its community. Top Challenges in Risk Management for Colleges and Universities 1.

Education 52

Education Risk Cyber Insurance Insurance 52

Duo's Security Blog

OCTOBER 7, 2022

It will be unsurprising that because of this demand, insurers are particularly careful how they build their policies to minimize their risk from large cyber events. This is especially true if the company looking for cover hasn’t taken adequate enough steps to minimize cyber risks itself.

Small Business 98

Small Business Cyber Insurance Insurance Cyber Risk 98

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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Risk Cybersecurity CISO Technology 115

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

Joseph Steinberg

AUGUST 5, 2021

One of the important concepts about which people must be aware when evaluating their cybersecurity postures and related liabilities, but which, for some reason, many folks seem to be unaware, is the difference between first-party risks and third-party risks. First-Party Risks And Coverage. First-Party Risks And Coverage.

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Insurance Risk Data breaches Artificial Intelligence 141

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. 4 key takeaways from cyber insurance industry report. Cyber insurance works.

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Cyber Insurance Insurance Ransomware Cyber Attacks 67

The Last Watchdog

AUGUST 8, 2022

Our technological world is advancing at dizzying speeds. Add in an increasing focus on data becoming a crucial enterprise asset—as well as the introduction of countless database and analytical tools, digital twins, artificial intelligence, and machine learning—and we are dealing with unprecedented technical complexities and risk.

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Artificial Intelligence Cyber Insurance Risk Telecommunications 214

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. A maturing model.

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Insurance Cybersecurity Cyber Insurance Government 126

Security Boulevard

NOVEMBER 24, 2023

First published by HelpNetSecurity  — Matthew Rosenquist Cybersecurity insurance is a rapidly growing market, swelling from approximately $13B in 2022 to an estimated $84B in 2030 (26% CAGR), but insurers are struggling with quantifying the potential risks of offering this type of insurance.

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Insurance Risk Cyber Insurance Cybersecurity 72

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.

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Cyber Risk Risk Insurance Cyber Insurance 113

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.

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Cyber Insurance Insurance Marketing Ransomware 102

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.

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Risk Artificial Intelligence Cybersecurity Financial Services 104

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. Direct connection between risk management and ESG.

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Cybersecurity Cyber Insurance Insurance Risk 98

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 144

SecureWorld News

APRIL 23, 2025

Manufacturing: IP theft and ransomware are top risks; OT/ICS systems still lag in basic controls. We asked experts at cybersecurity vendors for their comments and additional insights. Without proper oversight, they may misinterpret their tasks, leading to unintended behaviors that could introduce new security risks.

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Ransomware CISO Backups Risk 100

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 98

Cybersecurity Cyber Insurance Insurance Social Engineering 98

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 Threat Detection Cybersecurity 203

SecureWorld News

NOVEMBER 2, 2022

In Q&A format, they share about their professional journeys, unique experiences, and hopes for the future of cybersecurity—along with some personal anecdotes. He helps senior decision makers overcome cybersecurity sales objections and manages unlimited cyber risks through rigorous prioritization. A : I backed into it!

Cybersecurity 98

Cybersecurity Cyber Insurance Insurance Cyber Risk 98

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. What is proactive security?

Cyber Insurance 64

Cyber Insurance Insurance Penetration Testing Cyber threats 64

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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Cyber Insurance Insurance Marketing Ransomware 136

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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Cybersecurity Technology Marketing Healthcare 128

SecureWorld News

OCTOBER 20, 2021

Cyberrisk is business risk. We hear this at SecureWorld cybersecurity conferences on a regular basis. But how should we communicate this risk to the business, to clients, or to investors? Accenture annual report: risks we face from cyberattacks. L egal, reputational and financial risks? Dollars year over year.

Cyber Risk 98

Cyber Risk Risk Insurance Cyber Insurance 98

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.

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Cyber Insurance Insurance Cyber Risk Risk 52

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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Cybersecurity Cyber Risk Risk Cyber Insurance 97

The Last Watchdog

AUGUST 1, 2023

1, 2023 – Guardz , the cybersecurity company securing and insuring SMEs, today disclosed the existence of a Hidden Virtual Network Computing (hVNC) malware targeting macOS devices. Tel Aviv, Israel, Aug. Its all-in-one, affordable platform is on guard 24/7, and is easy to use for both in-house IT personnel and MSPs.

Malware 189

Malware Insurance Cyber Insurance Small Business 189