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Insurance and Ransomware

Schneier on Security

Here’s one more contribution to that issue: a research paper that the insurance industry is hurting more than it’s helping. Although it is a societal problem, cyber insurers have received considerable criticism for facilitating ransom payments to cybercriminals. Often, that’s paying the ransom. News article.

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Education Sector has Seen a 44% Rise in Cyber Attacks Since 2021

CyberSecurity Insiders

From banking to personal data collection, schools must ensure that their systems come with security features and that their employees comply with those security features. Cyber insurance. Often, educational institutions see cyber insurance as a needless expense. Whitworth University compromised. Conclusion.

Insiders

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AON ACQUIRES CYTELLIGENCE, A LEADING INTERNATIONAL CYBER SECURITY FIRM WITH DEEP EXPERTISE IN CYBER INCIDENT RESPONSE AND DIGITAL FORENSIC INVESTIGATIONS

Cytelligence

Acquisition combines Aon’s industry-leading investment in cyber security with Cytelligence’s unique technical expertise in incident response and digital forensics services to strengthen Aon’s cyber security client value proposition. Global cyber insurance premiums are expected to grow from $4 billion in 2018 to $20 billion by 2025.

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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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34 Most Common Types of Network Security Protections

eSecurity Planet

From there, these tools send alerts to security teams if and when risks are identified. Vulnerability management is handled not only by cybersecurity and IT teams but by cross-functional teams that understand how assets are used across the organization.

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MY TAKE: SMBs can do much more to repel ransomware, dilute disinformation campaigns

The Last Watchdog

Eventually, governments will address the risk by beefing up security and purchasing cyber insurance, which go hand in glove. The fact that the losses municipalities are sustaining is quantifiable, makes this a definable problem that can be addressed by traditional risk mitigation approaches.

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Top VC Firms in Cybersecurity of 2022

eSecurity Planet

Company Sector Year Status Vicarius Vulnerability management 2022 Private Dragos ICS and OT security 2021 Private Safeguard Cyber Risk management 2021 Private CyberGRX Risk management 2019 Private Signifyd Fraud protection 2018 Private RedOwl Security analytics 2015 Acquired: Forcepoint. AllegisCyber Investments.