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The Cyber Insurance Landscape Has Grown More Complicated

SecureWorld News

When considering adding a cyber insurance policy, organizations, both public and private, must weigh the pros and cons of having insurance to cover against harm caused by a cybersecurity incident. Having cyber insurance can help ensure compliance with these requirements. Let's break it down to the pros and cons.

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Exploring the Cost of a Data Breach and Its Implications

Centraleyes

According to IBM’s recently released “Cost of a Data Breach” statistics report, the average financial toll of a data breach has surged to an unprecedented $4.45 Regional Disparities in Data Breach Costs The United States emerges with a significantly higher average cost of $9.4

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Report: Cyberattacks drive 185% spike in health care data breaches in 2021

SC Magazine

million patients have been impacted by a health care data breach so far in 2021, a whopping 185% increase from the same time period last year where just 7.9 The Fortified Health report is meant to support health care covered entities in light of the ongoing threats and the rise in data breach numbers. More than 22.8

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Think Ransomware Can’t Put You Out of Business?

Adam Levin

No industry, category, size, or group is safe from this cyber scourge. Manufacturing giant Honda had its networks brought to a standstill by just such an attack. Preventing data breaches and implementing adequate cybersecurity safeguards was a daunting assignment even before the Covid-19 pandemic. What can CEOs do?

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Three takeaways from the Colonial Pipeline attack

SC Magazine

“You literally cannot continue operations of a manufacturing plant or a pipeline if you don’t have the continuity of business to manage” the logistics, he said. “So So this was a failure of business operations, but it shows the fragility of certain industrial operations like manufacturing,” said Caltagirone.

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The Hacker Mind Podcast: The Internet As A Pen Test

ForAllSecure

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. cyber insurance as a whole was changing heavily. And why is that? It started off pretty easy to get.

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Hackers Breached Virginia Bank Twice in Eight Months, Stole $2.4M

Krebs on Security

The driver at fault might make the claim in a lawsuit against the car maker ‘but for your failure to manufacture this part correctly, this accident wouldn’t have occurred.'” “This is a rapidly growing area and a profit center for a lot of insurance companies,” Castagnoli said. ” .”

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