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Top 8 Cyber Insurance Companies for 2022

eSecurity Planet

That’s where cyber insurance may be able to help. For that reason, most experts now recognize that a complete cybersecurity strategy not only includes technological solutions aimed at preventing, detecting, and mitigating attacks, it should also include cyber insurance to help manage the associated financial risks.

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Hive Ransomware group demands £500000 from School in England

CyberSecurity Insiders

What’s surprising about the incident is that the Hive Group has details that Wootton Educational Trust is covered under a cyber insurance and so is demanding the authorities to pay up huge i.e., £500,000. The post Hive Ransomware group demands £500000 from School in England appeared first on Cybersecurity Insiders.

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MFA Will Not Save the Insurance Industry

IT Security Guru

Everyone in the cyber insurance industry or trying to get cyber insurance today knows that using multifactor authentication (MFA) is an absolute make-or-break requirement for getting a cyber insurance policy; or if you can get a policy without MFA, you will pay a hefty increased premium for the same amount of coverage.

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5 Trends to Watch for Cybersecurity in 2023

SecureWorld News

Security experts have warned for years about the possibility of social engineering attacks with deepfakes, and the technology has matured enough for 2023 to see hackers successfully leverage it. Cyber insurance trends in 2023. Fostering workforce security education at all levels reduces risk.

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

The Last Watchdog

Byron: Companies often underestimate threats, neglect basic cyber hygiene, and fail to educate employees on cybersecurity. Erin: What are some of the most common social engineering tactics that cybercriminals use? Erin: Do you think cyber insurance should play a bigger role in companies’ cybersecurity strategies?

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Cybersecurity threats: what awaits us in 2023?

SecureList

Most probably more attacks on the education and healthcare sectors will occur plus targeted campaigns against industry leaders – especially those that hold critical information: sensitive data, top expertise, and latest technologies. Yet, in addition to cyber insurance, companies will need a designated DR or RR (Rolling Recovery) plan.

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Security Roundup June 2023

BH Consulting

Almost three-quarters of breaches (74 per cent) involve the human element through error, social engineering, stolen credentials or misusing privileges. Half of all social engineering attacks involve ‘pretexting’, where criminals fabricate a story to trick the victim.