eSecurity Planet

APRIL 22, 2022

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 But there’s a catch: Insurers are going to carefully assess your cybersecurity controls before writing any policy, and there are limits to coverage. million and climbing.

Cyber Insurance 117

Cyber Insurance Insurance Marketing Small Business 117

SC Magazine

MAY 19, 2021

The incident caused many insurers to create ransomware-specific coverage policies and led to a renewed vigilance around compliance. As Trent Cooksley, chief operation officer at Cowbell Cyber, told SC Media in February , specific controls on businesses allow insurance companies to “I maintain a profitable loss ratio.”

Cyber Insurance 102

Cyber Insurance Insurance Marketing Ransomware 102

The Last Watchdog

OCTOBER 5, 2023

Byron: To detect deep fakes, organizations can use digital watermarking, AI-driven detection tools, and media provenance tracking. Byron: Companies often underestimate threats, neglect basic cyber hygiene, and fail to educate employees on cybersecurity. What factors should organizations consider when selecting a cyber insurance policy?

Cyber threats 203

Cyber threats Cyber Insurance Cybersecurity Threat Detection 203

SC Magazine

FEBRUARY 8, 2021

The relationship between enterprises and insurers, like the cyber insurance market itself, is evolving. That’s quite the incentive for insurers to assert themselves in this market. And Bobritsky contends that a reliance on insurers to lead the way may actually degrade cybersecurity. “So A maturing model.

Insurance 126

Insurance Cyber Insurance Cybersecurity Government 126

SC Magazine

FEBRUARY 10, 2021

The Cybersecurity and Infrastructure Security Agency (CISA) recently included security ratings or scoring as part of its cyber risk reduction initiative. There are forward-leaning cyber insurers that are using cyber ratings to help them price cyber insurance they’re underwriting.

Cyber Insurance 83

Cyber Insurance Insurance Cyber Risk Government 83

Jane Frankland

DECEMBER 7, 2023

The proliferation of IoT devices and sensors will accelerate, allowing organisations to collect and leverage data for improved operational efficiency and real-time monitoring. Cyber Insurance In 2024, the cyber insurance landscape is expected to undergo significant changes.

Cybersecurity 130

Cybersecurity Cyber threats Insurance Artificial Intelligence 130

SecureWorld News

MAY 5, 2023

According to a media statement from the City: "Wednesday morning, the City's security monitoring tools notified our Security Operations Center (SOC) that a likely ransomware attack had been launched within our environment. Bleeping Computer covered the breach in this article.

Ransomware 79

Ransomware Cyber Risk Cyber Insurance Social Engineering 79