SC Magazine

MAY 19, 2021

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.

Cyber Insurance 102

Cyber Insurance Insurance Marketing Ransomware 102

Krebs on Security

OCTOBER 1, 2020

federal government if the crooks who profit from the attack are already under economic sanctions, the Treasury Department warned today. government, they still can be fined either way, said Ginger Faulk , a partner in the Washington, D.C. Image: Shutterstock. jurisdiction) and making it a crime to transact with them.

Ransomware 361

Ransomware Cyber Insurance Insurance Cybercrime 361

Security Boulevard

AUGUST 22, 2022

Even with ransomware costing billions of dollars in losses and cyber insurance claims, organizations are still impacted beyond the checkbook. These attacks have driven the cost of cyber insurance premiums higher. Cyber insurance has become more critical to organizations to help offset the risk to the company.

Cybersecurity 98

Cybersecurity Cyber Insurance Insurance CISO 98

SecureWorld News

OCTOBER 20, 2021

Cyberrisk is business risk. But how should we communicate this risk to the business, to clients, or to investors? Accenture annual report: risks we face from cyberattacks. However, we were most interested in seeing how Accenture articulated a particular business risk: the risk from a cyberattack.

Cyber Risk 84

Cyber Risk Risk Insurance Cyber Insurance 84

Webroot

JULY 25, 2022

Threat intelligence solutions using AI/ ML technologies can prevent false positives and reduce alert fatigue – helping cybersecurity professionals focus on strategic priorities instead of spending all their time reacting to security alerts and potential incidents. Cyber insurance becomes mainstream discussion. million.

Cyber Insurance 124

Cyber Insurance Insurance Marketing Phishing 124

The Last Watchdog

OCTOBER 5, 2023

Byron: I was initially drawn to cybersecurity as a USA TODAY technology reporter assigned to cover Microsoft. Erin: What cybersecurity technologies are you most excited about right now? How can individuals and organizations detect and protect themselves against the misuse of deep fake technology? Erin: So, let’s get started.

Cyber threats 203

Cyber threats Cyber Insurance Cybersecurity Threat Detection 203

Thales Cloud Protection & Licensing

MAY 9, 2022

government is recommending to ensure the operations of Critical National Infrastructure are not affected by ransomware attacks. Governments step up to protect all businesses. Government Towards a Zero Trust Architecture dictate U.S. Cyber insurance coverage ramps up. Data security.

Cyber Insurance 71

Cyber Insurance Insurance Backups Ransomware 71

Centraleyes

MAY 6, 2024

Every few decades, the world experiences a technological disruption that changes our lives. The insurance industry is no exception. The insurance industry is built on handling our own and everyone else’s risks. The law aims to harness AI benefits while mitigating risks. AI is the latest disruptor.

Insurance 52

Insurance Artificial Intelligence Cyber Insurance Marketing 52

SecureWorld News

NOVEMBER 2, 2022

He helps senior decision makers overcome cybersecurity sales objections and manages unlimited cyber risks through rigorous prioritization. In the private sector, he was a CISO for an insurance company, credit card processor, bank, credit union, and IT Managed Service Provider. See the conference agenda and register here.

Cybersecurity 91

Cybersecurity Cyber Insurance Insurance Cyber Risk 91

SecureWorld News

DECEMBER 7, 2022

As the world becomes increasingly reliant on technology, cybersecurity remains a top priority for individuals, businesses, and governments alike. As cyber professionals continue to adopt the technology, so will malicious threat actors. Cyber insurance trends in 2023.

Cybersecurity 94

Cybersecurity Cyber Insurance Insurance Social Engineering 94

SC Magazine

FEBRUARY 8, 2021

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.

Insurance 126

Insurance Cyber Insurance Cybersecurity Government 126

SecureWorld News

AUGUST 23, 2023

This morning, Critical Start released its first ever Cyber Risk Landscape Peer Report , which explores some of the major concerns and challenges currently confronting cybersecurity leaders as they manage risk within their organizations. Here are some comments on the cyber risk landscape from cybersecurity vendor experts.

Cybersecurity 77

Cybersecurity Cyber Risk Risk Cyber Insurance 77

CyberSecurity Insiders

APRIL 30, 2021

In the past 12 months alone, we’ve seen ransomware attacks delay lifesaving medical treatment, destabilize critical infrastructure, and put our national security at risk. These attacks are executed by criminals around the world who are willing to target schools, hospitals, businesses, and governments alike.

Ransomware 52

Ransomware Government Cyber Insurance Cybercrime 52

SecureWorld News

AUGUST 23, 2023

National Institute of Standards and Technology (NIST) released the Initial Public Draft of its Cybersecurity Framework (CSF) version 2.0. For a solid rundown of what the updates mean, check out this SecureWorld article from Kip Boyle , vCISO, Cyber Risk Opportunities LLC. On August 8, 2023, the U.S. 19, Detroit on Sept.

Cybersecurity 80

Cybersecurity CISO Government Risk 80

Centraleyes

APRIL 8, 2024

consumers would not trust a company with their personal information if it had a data breach According to the above source, 44% blame cyber attacks on a company’s inadequate security measures. Better Insurance Rates: Cyber insurance providers include data security in their actuarial analysis. 66% of U.S.

Data privacy 52

Data privacy Unstructured Data Data breaches Government 52

Thales Cloud Protection & Licensing

NOVEMBER 15, 2023

The entire passenger process, from check-in to boarding, involves multiple stakeholders, including government regulators, airport management, airline personnel, and on-premise security teams, working together to maintain a robust and secure environment. Airports are high-risk locations and more vulnerable to cyber-attacks than airlines.

Cybersecurity 87

Cybersecurity Authentication Digital transformation Cyber Insurance 87

Thales Cloud Protection & Licensing

NOVEMBER 9, 2021

To be able to leverage the fantastic opportunities of cloud computing and still remain in control of their security, organizations have to understand the level of risk they are willing to take, and implement the right processes and tools. From shared responsibility to shared fate. This is called shared fate. Cloud security.

Cloud Migration 123

Cloud Migration Insurance Digital transformation Cyber Insurance 123

Thales Cloud Protection & Licensing

JULY 21, 2022

Security breaches in this sector can be incredibly disruptive to society and are attracting considerable attention from governments and regulatory bodies around the world. Reducing the risk of attacks such as ransomware and malware on CNI will be of paramount importance to the stability of nation states for years to come.

Cyber threats 71

Cyber threats Energy and Utilities Ransomware IoT 71

SC Magazine

MAY 28, 2021

The shutdown of operations of Colonial Pipeline captured the attention of the security community, government and consumers that suddenly couldn’t fill their gas tanks. No, this was not an infection of the operational technology for Colonial Pipeline… but a shutdown resulted nonetheless. Colonial Pipeline).

Insurance 117

Insurance Government Ransomware Risk 117

SecureWorld News

NOVEMBER 1, 2021

Governments and organizations are trying to figure out the best way to approach this issue. And now The White House is weighing in with a new report, A Strategic Intent Statement for the Office of the National Cyber Director. government in cyber policy, action, and doctrine. Technology and Ecosystem Security.

Cybersecurity 77

Cybersecurity Government Cyber Insurance Technology 77

SecureList

NOVEMBER 9, 2022

The contributors include representatives from government institutions: H.E. Dr.Mohamed Al Kuwaiti (UAE Cyber Security Council) , and public organizations: Kubo Ma?ák As for KSB 2022, we invited notable experts to share their insights and unbiased opinions on what we should expect from cybersecurity in the following year.

Cybersecurity 124

Cybersecurity Cyber Insurance Cybercrime IoT 124

BH Consulting

JUNE 22, 2021

Organisations are coming under increasing pressure to take out cybersecurity insurance cover. Also known as cyber risk insurance, it’s now a prerequisite in some public sector tenders. Are there policies and procedures in place to ensure good governance of information security? Questions to ask your insurer.

Insurance 83

Insurance Cybersecurity Cyber Insurance Cyber Risk 83

SecureWorld News

MAY 16, 2023

The city has a more established IT setup, including a full-time IT director, which many of the smaller towns lack, according to this Government Technology article. Municipal governments must share data with counties, state agencies, and even some federal systems. This is a great approach. He says: "I love this idea!

Cybersecurity 81

Cybersecurity Insurance Cyber Risk CISO 81

SecureWorld News

MAY 5, 2023

Broadnax, who said he is optimistic that the risk is contained. Since City of Dallas' Information and Technology Services detected a cyber threat Wednesday morning, employees have been hard at work to contain the issue and ensure continued service to our residents," he said. The article quotes a statement from City Manager T.C.

Ransomware 86

Ransomware Cyber Risk Cyber Insurance Social Engineering 86

Malwarebytes

FEBRUARY 3, 2023

It showed that financials are at significantly higher risk than the average UK business. percent) reporting between 40 and 60 cyber security incidents in the last 12 months. Businesses Many financials not only carry the burden of protecting their customers, but are also at risk of falling victim to cybercrime themselves.

Scams 78

Scams Banking Cyber Insurance Cybercrime 78

SC Magazine

JUNE 15, 2021

In that sense, leaders across the executive team are being briefed about the likelihood of attack, and weighing potential costs tied to risk against nearer term cybersecurity investments. They’re not going to save $250,000 at the risk of, say, $5 million,” Corll added. Will our cyber insurer buy it or would we?”

Ransomware 60

Ransomware Insurance Cyber Insurance Risk 60

Security Boulevard

JANUARY 18, 2024

Cybersecurity risks increase every year and bludgeon victims who fail to prepare properly. For those interested in a better understanding of the oncoming risks, this is the information you are looking for. It can feel like crossing a major highway while blindfolded. Many never see the catastrophe about to happen, until it occurs.

Risk 115

Risk Cybersecurity CISO Technology 115

Joseph Steinberg

JULY 8, 2021

Ironically, while many larger enterprises purchase insurance to protect themselves against catastrophic levels of hacker-inflicted damages, smaller businesses – whose cyber-risks are far greater than those of their larger counterparts – rarely have adequate (or even any) coverage. Cyberattacks can even kill businesses.

Insurance 363

Insurance Cyber Insurance Cybersecurity Small Business 363

eSecurity Planet

AUGUST 9, 2022

See the Top Governance, Risk and Compliance (GRC) Tools. are subject to laws such as the Health Insurance Portability and Accountability Act (HIPAA) and the Health Information Technology for Economic and Clinical Health Act (the HITECH Act), as well as regulations such as the Clinical Laboratory Improvements Amendments (CLIA).

Data privacy 145

Data privacy Encryption Data breaches Insurance 145

CyberSecurity Insiders

JANUARY 5, 2022

This alliance will allow the healthcare system to reduce its risk of a cyber-attack and help them achieve its cybersecurity goals. “We The cost of these cyber events is rising sharply with cyber insurance premiums and compliance requirements increasing. About CynergisTek, Inc.

Healthcare 52

Healthcare Risk Cyber Insurance Cyber Attacks 52

Thales Cloud Protection & Licensing

FEBRUARY 15, 2023

These methods provide significant security risks for businesses of all sizes. An additional 77% concur that governments should do more to assist private enterprises in defending against ransomware. Preventing double extortion ransomware Governments have taken multiple steps to help businesses mitigate the threat of ransomware attacks.

Ransomware 71

Ransomware Encryption Backups Cyber Insurance 71

eSecurity Planet

JULY 8, 2022

Ransomware has now emerged as one of the key reasons to have a DR plan and DR technology in place. With a cyberattack, it’s more than just data that needs protecting—at risk is really the entire physical infrastructure from applications and operating systems down to low-level firmware and BIOS.

Backups 142

Backups Ransomware Technology Marketing 142

CyberSecurity Insiders

NOVEMBER 13, 2021

Next year’s cyber budgets cannot be futureproofed against all forms of disruption, but there are trends business leaders should watch closely. A major one is the rising cost of cyber insurance – premiums are going up. What’s more, insurers are looking to reduce the risk they take on when they provide cyber policies.

Insurance 52

Insurance Cyber Insurance Marketing Cybercrime 52

Adam Levin

AUGUST 26, 2019

” And yet, Amazon is in the crosshairs of the House Oversight and Reform Committee and finding its proposed $10 billion contract with the Department of Defense at risk due to the fallout from the breach. As the notion of who is liable for a data breach expands, it’s becoming more of a necessity to get cyber insurance coverage.

Data breaches 142

Data breaches Cyber Insurance Hacking Insurance 142

eSecurity Planet

FEBRUARY 16, 2021

Below we outline 18 industry tips for actions you can take to reduce your risk of a ransomware attack: Action. The next three actions: prioritize assets and evaluate traffic, microsegmentation, and adaptive monitoring are central steps of the zero trust architecture and greatly reduce your risks of an attack. Description. Statistics.

Ransomware 97

Ransomware Backups Software Encryption 97

SC Magazine

JULY 2, 2021

When it comes to HIPAA compliance and the Office for Civil Rights investigations, the largest OCR settlements stem from health care providers that failed to demonstrate adequate risk assessments, as well as those without sufficient hardware and software controls. This trend is not so good.”.

Insurance 88

Insurance Cyber Insurance Data breaches Media 88

Duo's Security Blog

JULY 6, 2021

This change reflects a movement we’re seeing in governments worldwide to be more assertive in improving government agency security. Service providers are already encouraged to comply with the Cyber Assessment Framework (CAF). Not surprisingly, these changes primarily focus on government agencies and the vendors who supply them.

Government 141

Government Architecture Backups Encryption 141