Security Affairs

FEBRUARY 8, 2024

Phishing Attacks: Phishing is the top cyber attack, causing 90% of data breaches. Data Breach Costs: The average global cost of a data breach in 2023 was $4.45 Data Breach Costs: The average global cost of a data breach in 2023 was $4.45 million per breach.

Social Engineering 143

Social Engineering Cyber Attacks Cyber Insurance IoT 143

Security Boulevard

MAY 12, 2022

In the early 1990s, the Internet industry needed to move packets as fast as possible because some marketing genius came up with the idea that everyone could have “Unlimited Internet Access” for $9.95 Those people belong in the Internet Hall of Fame. Truth be told, AOL made the Internet, the Internet.

Cyber Insurance 105

Cyber Insurance Insurance Marketing Firewall 105

Hacker Combat

JULY 31, 2020

Sure, this might sound like something that doesn’t need to be said, but a surprising number of data breaches occur because people neglect to treat security as a priority. Carry Cyber Insurance. This makes carrying a cyber insurance policy with a reputable carrier a good idea. Take It Seriously.

Cybersecurity 69

Cybersecurity Cyber Insurance Insurance Data breaches 69

SecureList

NOVEMBER 9, 2022

Businesses most at risk are aerospace and defense contractors, as well as critical infrastructure operators (utilities such as water, electricity, and Internet, but also hospitals and operators of large cyber-physical systems such as dams). What cybersecurity challenges will industries face next year? Ransomware as a service (RaaS).

Cybersecurity 144

Cybersecurity Cyber Insurance Cybercrime IoT 144

Adam Levin

JULY 8, 2020

A whopping 97 percent failed to use DNSSEC , a domain security protocol designed to address core vulnerabilities in the foundations of the internet itself. We are all weary of the endless cycle of hacks and data breaches and we’re increasingly blaming businesses that have been compromised rather than the hackers themselves.

Hacking 130

Hacking Retail Cyber Insurance Authentication 130

SecureWorld News

NOVEMBER 12, 2020

First, however, let's look at the top 15 cyber threats organizations face right now, according to the report: Malware. 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. Distributed Denial of Service (DDoS).

Cyber threats 122

Cyber threats Insurance Cyber Insurance Ransomware 122

SC Magazine

FEBRUARY 10, 2021

Sachin Bansal, general counsel at SecurityScorecard, spoke with SC Media about ratings, and how they can be used to strengthen the supply chain, determine cyber insurance premiums and as an investigative tool for an oversight body. These scores are updated every day because the internet changes every day.

Cyber Insurance 83

Cyber Insurance Insurance Cyber Risk Government 83

BH Consulting

MAY 28, 2025

Its an apt phAn erase for people working in cybersecurity and data protection, who, as Brian joked, tend not to look on the bright side. Drawing on reports from the World Economic Forum, the Verizon Data Breach Investigations Report and Hiscox Insurance, Brian painted a picture of what that dark side looks like.

Scams 59

Scams Passwords Insurance Technology 59

SecureWorld News

MAY 2, 2025

Attackers are not only encrypting data but also engaging in "double extortion," stealing sensitive patient information to demand higher ransoms. The costly disruptions and data breaches from these attacks have made ransomware defense a top investment area for healthcare organizations.

Healthcare 92

Healthcare Marketing Cybersecurity CISO 92

Adam Levin

MARCH 16, 2020

The Federal Bureau of Investigation’s 2019 annual Internet Crime Report included 467,361 complaints about suspected internet crime with losses of $3.5 Of those cases, 23,775 of them were business email compromises (BEC). So Isn’t BEC Just Another Form of Phishing? BEC has a home In the pantheon of ishings.

Scams 130

Scams Identity Theft Phishing Accountability 130

The Last Watchdog

APRIL 18, 2019

Imposing just the right touch of policies and procedures towards mitigating cyber risks is a core challenge facing any company caught up in digital transformation. Related: Data breaches fuel fledgling cyber insurance market. Enterprises, especially, tend to be methodical and plodding. Talk more soon.

Digital transformation 113

Digital transformation Cyber Risk Risk Cyber Insurance 113

Digital Shadows

NOVEMBER 26, 2024

Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance. Moreover, RDP ports are often exposed to the internet, which allows threat actors to easily scan for open ports and launch brute-force attacks.

Cyber Attacks 59

Cyber Attacks Phishing Ransomware Cyber Insurance 59

Herjavec Group

FEBRUARY 18, 2021

I was personally honored in my early career to work for Wang Laboratories and was invited to share one of my visions ‘fax over the internet’ with the company, which I invented. Within this whirlwind of all things moving to the internet, insurance vendors recently began to take cyber insurance very seriously.

Digital transformation 81

Digital transformation Computers and Electronics Cyber Insurance Insurance 81

Malwarebytes

SEPTEMBER 30, 2022

Take cyber insurance , for example. Cyber insurance can prevent local governments from having to pay huge out of pocket costs in the event that they’re hit with a cyberattack. Data encryption for data at rest and in transit. Baltimore learned this the hard way. (An Enhanced logging.

Government 70

Government Cybersecurity Cyber Insurance Insurance 70

Digital Shadows

OCTOBER 14, 2024

Major developments this quarter include “Play” transitioning from double-extortion tactics to targeting ESXi environments and the cybersecurity firm Fortinet experiencing a data breach in which 440GB of customer data was compromised. However, some cyber insurance policies explicitly forbid ransom payments.

Ransomware 94

Ransomware Social Engineering Insurance Cyber Insurance 94

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. And, as my guest will say later in this podcast, these virtual SOCs are like pen testing the internet.

Internet 40

Internet Internet Insurance Cyber Insurance 40

SecureWorld News

JANUARY 21, 2024

The costs of recovering from such incidents, especially for smaller organizations without cyber insurance, can be devastating. While the provider secures the infrastructure, the nonprofit is responsible for securing its data within that infrastructure.

Cybersecurity 104

Cybersecurity Backups Cyber threats Antivirus 104

SecureWorld News

NOVEMBER 22, 2021

In a BEC incident, you're almost certainly going to be handling a combination of: • wire transfers or other financial losses; • compromised sensitive information, such as employee or customer data; • potential email server and data breaches of unknown size; and • branding and reputation issues. BEC-IRP Section 2: Identification.

Scams 97

Scams Cybercrime Accountability Banking 97

Cytelligence

FEBRUARY 4, 2020

The 2019 Cybersecurity Almanac published by Cisco and Cybersecurity Ventures predicts that cyber events will cost $6 trillion annually by 2021, as companies are digitizing most of their processes and are often operating remotely. Global cyber insurance premiums are expected to grow from $4 billion in 2018 to $20 billion by 2025.

Penetration Testing 45

Penetration Testing Insurance Data preservation Cyber Insurance 45

Spinone

OCTOBER 13, 2020

In IBM’s Cost of a Data Breach Report 2019 cited the following: Lost business is the biggest contributor to data breach costs The average cost of lost business in 2019 was $1.42 RobinHood is not known to leak data to the Internet if no payment is made.

Ransomware 52

Ransomware Backups Data breaches Encryption 52

Digital Shadows

NOVEMBER 26, 2024

Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance. Moreover, RDP ports are often exposed to the internet, which allows threat actors to easily scan for open ports and launch brute-force attacks.

Cyber Attacks 52

Cyber Attacks Phishing Ransomware Cyber Insurance 52

Security Boulevard

JANUARY 18, 2024

Recovery from supply chain attacks will cost 3x-5x more as compared to data breaches. GDPR and other privacy cases continue to sting major internet properties, with the penalties for not safeguarding the confidentiality of sensitive personal information trending ever higher.

Risk 115

Risk Cybersecurity CISO Technology 115

Security Affairs

NOVEMBER 5, 2023

Kinsing threat actors probed the Looney Tunables flaws in recent attacks ZDI discloses four zero-day flaws in Microsoft Exchange Okta customer support system breach impacted 134 customers Multiple WhatsApp mods spotted containing the CanesSpy Spyware Russian FSB arrested Russian hackers who supported Ukrainian cyber operations MuddyWater has been spotted (..)

Cyber Insurance 131

Cyber Insurance Cryptocurrency Data breaches Internet 131

eSecurity Planet

OCTOBER 5, 2021

Paying for internal assessments and penetration tests by a third party can provide fresh thinking and a level of assurance for stakeholders such as customers, the board of directors, and the insurance company that wrote our cyber insurance policy. Cut off network and internet access for the affected computer, server, or office.

Ransomware 132

Ransomware Backups Insurance Cyber Insurance 132

eSecurity Planet

JANUARY 11, 2022

Privafy aims to serve a valuable corner of the market – securing data-in-motion. As up to 80 percent of data breaches occur while data moves between cloud networks, Privafy offers security for cloud infrastructure as well as a list of edge computing solutions to securely deploy IoT devices and edge networks in the years to come.

Cybersecurity 142

Cybersecurity Threat Detection Risk Encryption 142

Jane Frankland

DECEMBER 7, 2023

It’s likely we’ll continue to witness a significant shift in the motivation behind prominent cyberattacks, as data sources indicate a resurgence in activities such as information theft, covert communication monitoring, and content manipulation from state sponsored attackers and cybercriminals. The first is by rule making.

Cybersecurity 130

Cybersecurity Cyber threats Insurance IoT 130

SC Magazine

MARCH 29, 2021

I think that’s an area we’re going to see ransomware actors move into unfortunately, because it tends to be very successful and it’s got a relatively low barrier to entry once there are [proof of concept exploits] published on the internet and that’s another way that attackers can potentially make a lot of money quickly.”.

Software 120

Software Hacking Government Cyber Insurance 120

The Last Watchdog

DECEMBER 15, 2024

Cunningham John Paul Cunningham , CISO, Silverfort Identity-based attacks in 2024, like those on Microsoft and Snowflake, are prompting insurers to intensify scrutiny in 2025. Acohido is dedicated to fostering public awareness about how to make the Internet as private and secure as it ought to be.

Cybersecurity 290

Cybersecurity CISO Cyber threats Risk 290

BH Consulting

MAY 29, 2025

Its an apt phrase for people working in cybersecurity and data protection, who, as Brian joked, tend not to look on the bright side. Drawing on reports from the World Economic Forum, the Verizon Data Breach Investigations Report and Hiscox Insurance, Brian painted a picture of what that dark side looks like.

Scams 59

Scams Passwords Insurance Artificial Intelligence 59