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Top 8 Cyber Insurance Companies for 2022

eSecurity Planet

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.

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City of Dallas Vital Services Shut Down in Suspected Ransomware Attack

SecureWorld News

The City of Dallas, Texas, was forced to shut down police communications and IT systems on Monday morning, May 1, due to a suspected ransomware attack. Subsequently, the City has confirmed that a number of servers have been compromised with ransomware, impacting several functional areas, including the Dallas Police Department Website."

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SHARED INTEL Q&A: My thoughts and opinions about cyber threats — as discussed with OneRep

The Last Watchdog

Erin: What are some of the biggest cyber threats that businesses face today? Byron: The economic impact of phishing, ransomware, business logic hacking, Business Email Compromise (BEC) and Distributed Denial of Service (DDoS) attacks continues to be devastating. Erin: How has the ransomware threat evolved in recent years?

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Annual Reports: How They Warn of Cyber Risk

SecureWorld News

Especially because Accenture was hit with ransomware this year. On page 34 of the report, Accenture dives into the risk that cyber poses to the business. federal and state laws governing the protection of privacy, health or other personally identifiable information and data privacy and cybersecurity laws in other regions.

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

Security Affairs

Ransomware Attacks: In 2023, a whopping 72.7% of organizations faced ransomware. 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 Shockingly, 96% of these attacks come through email.

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The Hacker Mind Podcast: The Internet As A Pen Test

ForAllSecure

Small to Medium Business are, today, the target of APTs and ransomware. 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. GRAY: Absolutely.