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Top 8 Cyber Insurance Companies for 2022

eSecurity Planet

That’s where cyber insurance may be able to help. According to the Ponemon Institute and IBM, the global average cost of a data breach is $4.24 As the number and severity of data breaches continues to rise, organizations are recognizing that those costs are not theoretical. Cyber Insurance is Booming.

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P-to-P fraud most concerning cyber threat in 2023: CSI

CSO Magazine

CSI), followed by data breaches (23%), ransomware (20%) and a breach at a third party (15%). It was cited by 29% of respondents in a survey by Computer Systems Inc.

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Security Roundup June 2023

BH Consulting

Target the human, swipe the cash: Verizon DBIR 2023 highlights crime trends Manage the human risk and mind your money: those are two key takeaways from Verizon’s 2023 Data Breach Investigations Report. SC Magazine noted Verizon’s finding that DDoS attacks are getting worse. When is a cybersecurity incident a GDPR data breach?

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Cybersecurity threats: what awaits us in 2023?

SecureList

And that (b) we are also likely to see a steep increase in DDoS extortion campaigns as the Cyberwar in Ukraine leads to all-time-high levels of DDoS attacks. As such, we anticipate a booming cyber insurance industry as many organizations heed these warnings and seek to guard against ransomware attacks. DDOS Botnets.

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Security Affairs newsletter Round 362 by Pierluigi Paganini

Security Affairs

T-Mobile confirms Lapsus$ had access its systems Are you using Java 15/16/17 or 18 in production? Patch them now!

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These are the 15 Top Cyber Threats Now

SecureWorld News

First, however, let's look at the top 15 cyber threats organizations face right now, according to the report: Malware. Distributed Denial of Service (DDoS). Data Breach. Cyber Espionage. So that is the top 15 list of cyber threats according to the European Union. Web-based Attacks. Web Application Attacks.

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The Pain of Double Extortion Ransomware

Thales Cloud Protection & Licensing

Any organization that directly holds vast amounts of data or holds client, supplier, or partner information is vulnerable to double extortion attacks. As part of double extortion attacks, tactics often include the threat of DDoS attacks. The average ransom demands have soared between $50 million and $70 million.