SecureWorld News

NOVEMBER 2, 2022

In the SecureWorld Spotlight Series, we learn about the speakers and Advisory Council members that make our events a success. A : Our profession should put a higher priority on implementing the controls required by cyber insurance carriers, because they're starting to figure out what really reduces the risk of a major incident.

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Cybersecurity Cyber Insurance Insurance Cyber Risk 84

Adam Levin

JULY 8, 2020

A whopping 97 percent failed to use DNSSEC , a domain security protocol designed to address core vulnerabilities in the foundations of the internet itself. All of these can be extinction-level events. A Prime Target for Hackers. “They had all of our traffic and we were losing thousands of dollars daily in revenue.”

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Hacking Retail Cyber Insurance Authentication 130

CyberSecurity Insiders

OCTOBER 24, 2022

These attacks also tend to be more successful in access and payout in the event of ransom demands, with 74% of attacks ending successfully for hackers. Here are a few prime examples of cyber-attacks in the education sector. Cyber insurance. Often, educational institutions see cyber insurance as a needless expense.

Education 58

Education Cyber Attacks Cyber Insurance Insurance 58

CyberSecurity Insiders

JANUARY 10, 2023

Increased vulnerability is causing headaches and expenses due to numerous societal shifts – whether it’s the proliferation of the internet of things (IoT) in every aspect of business and society, or the widespread adoption of home and remote working that began during the Covid-19 pandemic and has persisted in many organizations.In

Cybersecurity 108

Cybersecurity Identity Theft Digital transformation Cyber Insurance 108

SecureWorld News

DECEMBER 7, 2022

Scott Register, VP of Security Solutions at Keysight Technologies, discusses this trend: "Deepfake technology to date has resulted in political confusion, internet chatter, and some amusing mashup videos, but expect this to change in the near term. Cyber insurance trends in 2023. Let us know in the comments below.

Cybersecurity 89

Cybersecurity Cyber Insurance Insurance Social Engineering 89

SecureList

NOVEMBER 9, 2022

Businesses most at risk are aerospace and defense contractors, as well as critical infrastructure operators (utilities such as water, electricity, and Internet, but also hospitals and operators of large cyber-physical systems such as dams). What cybersecurity challenges will industries face next year? Ransomware as a service (RaaS).

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Cybersecurity Cyber Insurance Cybercrime IoT 128

Malwarebytes

SEPTEMBER 30, 2022

Take cyber insurance , for example. Cyber insurance can prevent local governments from having to pay huge out of pocket costs in the event that they’re hit with a cyberattack. End use of unsupported/end of life software and hardware that are accessible from the Internet. Enhanced logging.

Government 60

Government Cybersecurity Cyber Insurance Insurance 60

SecureWorld News

DECEMBER 2, 2020

We carry insurance, including cyber insurance, which we believe to be commensurate with our size and the nature of our operations. Which of the ransomware gangs or groups hit K12 Inc and its network in this cyber attack? In fact, Ransomware became the number one type of cyber attack claim insurers dealt with in 2020.

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Cyber Insurance Insurance Ransomware Backups 53

Krebs on Security

JULY 24, 2018

The company determined the hacking tools and activity appeared to come from Russian-based Internet addresses. Everest National Insurance Company did not respond to requests for comment. . “This is a rapidly growing area and a profit center for a lot of insurance companies,” Castagnoli said. ” . ”

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Banking Insurance Computers and Electronics Cyber Insurance 192

Adam Levin

MARCH 16, 2020

The Federal Bureau of Investigation’s 2019 annual Internet Crime Report included 467,361 complaints about suspected internet crime with losses of $3.5 That is exponentially more expensive than other cyber events. Of those cases, 23,775 of them were business email compromises (BEC). It’s Time to Do Something.

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Scams Identity Theft Phishing Accountability 130

Cisco Security

MARCH 22, 2022

Cyber insurance is not the answer! Build for Cyber resiliency – it offers the best chance for achieving mission and business goals in the face of increasing sophisticated cyber attacks. Run very good anti-malware continuously, and make sure all systems are patched and updated continuously.

Cyber Insurance 66

Cyber Insurance Authentication Insurance Cyber Risk 66

The Security Ledger

OCTOBER 23, 2018

In this episode of the podcast (#117), we go deep on one of the hottest sectors around: cyber insurance. In the first segment, we talk with Thomas Harvey of the firm RMS about the problem of “silent cyber” risk to insurers and how better modeling of cyber incidents is helping to address that threat.

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Insurance Cyber Risk Risk Cyber Insurance 40

SecureWorld News

JANUARY 21, 2024

The costs of recovering from such incidents, especially for smaller organizations without cyber insurance, can be devastating. A VPN can encrypt internet traffic, providing an additional layer of security, especially for remote workers or when using public Wi-Fi networks.

Cybersecurity 89

Cybersecurity Backups Cyber threats Software 89

The Last Watchdog

MARCH 1, 2019

There is a gaping shortage of analysts talented enough to make sense of the rising tide of data logs inundating their SIEM (security information and event management) systems. Acohido is dedicated to fostering public awareness about how to make the Internet as private and secure as it ought to be. (LW But this hasn’t done the trick.

Threat Detection 193

Threat Detection Digital transformation Marketing Firewall 193

Thales Cloud Protection & Licensing

JULY 21, 2022

Over the past decade, once siloed, Operational Technology (OT) systems have become increasingly connected to the internet, as water and energy systems become powered by intelligent IoT sensors and government operations are deep-rooted in data. CNI attacks, both targeted and untargeted, have never been easier to carry out.

Cyber threats 71

Cyber threats Energy and Utilities Ransomware IoT 71

Cytelligence

FEBRUARY 4, 2020

The acquisition will help Aon expand its current coverages within the cyber market at a time when cyber claims are almost doubling year-over-year. Global cyber insurance premiums are expected to grow from $4 billion in 2018 to $20 billion by 2025. said Daniel Tobok, CEO of Cytelligence.

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Penetration Testing Insurance Data preservation Cyber Insurance 45

eSecurity Planet

FEBRUARY 16, 2021

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. A ransomware attack is about as bad as a cyber attack can get. In the event of a successful breach, your team must be ready to restore systems and data recovery. Rapid Response Testing.

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Ransomware Backups Software Encryption 97

SC Magazine

MARCH 29, 2021

“I think that’s an area we’re going to see ransomware actors move into unfortunately, because it tends to be very successful and it’s got a relatively low barrier to entry once there are [proof of concept exploits] published on the internet and that’s another way that attackers can potentially make a lot of money quickly.”.

Software 120

Software Hacking Government Cyber Insurance 120

Security Boulevard

JANUARY 18, 2024

GDPR and other privacy cases continue to sting major internet properties, with the penalties for not safeguarding the confidentiality of sensitive personal information trending ever higher. This will force CISOs into unfamiliar territory while still trying to manage the growing problems of managing the risk of loss due to cyber events.

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Risk Cybersecurity CISO Technology 115

Spinone

OCTOBER 13, 2020

Global Averages for a Data Breach The following statistics are cited in IBM’s Cost of a Data Breach Report 2019 as the global averages for a data breach event. RobinHood is not known to leak data to the Internet if no payment is made. In fact, one report shows that business email compromises are 23% of cyber insurance claims.

Ransomware 52

Ransomware Backups Data breaches Encryption 52

eSecurity Planet

JANUARY 11, 2022

Deduce offers actionable identity intelligence through event-level telemetry to act against abnormal user activity. SpiderSilk offers an impressive proprietary internet scanner that maps out a company’s assets and network attack surface to detect vulnerabilities. Cowbell Cyber. SpiderSilk.

Cybersecurity 142

Cybersecurity Threat Detection Artificial Intelligence Risk 142