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Security Compliance & Data Privacy Regulations

eSecurity Planet

Regulatory compliance and data privacy issues have long been an IT security nightmare. And since the EU’s General Data Protection Regulation (GDPR) took effect May 25, 2018, IT compliance issues have been at the forefront of corporate concerns. GDPR-style data privacy laws came to the U.S. Location Matters.

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Cyber Insurance: What to Know for 2022 and Beyond

Security Boulevard

The post Cyber Insurance: What to Know for 2022 and Beyond appeared first on Hyperproof. The post Cyber Insurance: What to Know for 2022 and Beyond appeared first on Security Boulevard.

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How the ransomware explosion is reshaping the cyber insurance market

SC Magazine

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. The post How the ransomware explosion is reshaping the cyber insurance market appeared first on SC Media.

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26 Cyber Security Stats Every User Should Be Aware Of in 2024

Security Affairs

Data Breach Costs: The average global cost of a data breach in 2023 was $4.45 Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 Cyber Skills Gap: By 2025, there could be 3.5 million unfilled cyber security jobs, showing a big need for skilled professionals.

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Best 5 Privacy Management Tools for 2024

Centraleyes

In light of these statistics, organizations are developing new data privacy and governance policies to deal with security breaches and regulatory compliance requirements. Privacy management software tools are the go-to address to navigate these challenges effectively. Building Customer Trust: Let’s face it.

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After Springhill: Assessing the Impact of Ransomware Lawsuits

eSecurity Planet

Cyber Insurance No Longer Reliable. ” Crockett said unofficial numbers indicate that only about 10 percent of such cyber insurance claims are paid out. ” Crockett said unofficial numbers indicate that only about 10 percent of such cyber insurance claims are paid out.

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Safety first: Will insurance companies stall or accelerate cybersecurity progress?

SC Magazine

But when it comes to cybersecurity coverage, the relationship between enterprises and insurers has been rocky and uncertain. And in a few high-profile cases, insurance companies have bailed. The relationship between enterprises and insurers, like the cyber insurance market itself, is evolving. A maturing model.

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