CyberSecurity Insiders

NOVEMBER 15, 2022

Cyber Insurance premiums are becoming dearer and the reason for such a rise is claimed to be sophistication in attacks that are making mitigation and recovery expensive. Most companies are showing laxity in following basic cyber security hygiene, leading to a surge in cyber-attacks and data breaches.

Cyber Insurance 84

Cyber Insurance Insurance Marketing Ransomware 84

Security Affairs

OCTOBER 20, 2024

CISA adds Fortinet products and Ivanti CSA bugs to its Known Exploited Vulnerabilities catalog Nation-state actor exploited three Ivanti CSA zero-days Dutch police dismantled dual dark web market ‘Bohemia/Cannabia’ macOS HM Surf flaw in TCC allows bypass Safari privacy settings Iran-linked actors target critical infrastructure organizations (..)

Data breaches 120

Data breaches Cybercrime Cyber Insurance Marketing 120

Schneier on Security

MARCH 8, 2019

This will complicate things: To complicate matters, having cyber insurance might not cover everyone's losses. Zurich American Insurance Company refused to pay out a $100 million claim from Mondelez, saying that since the U.S.

Insurance 211

Insurance Cyber Insurance Cybersecurity Government 211

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

Adam Levin

JULY 8, 2020

” Hacking campaigns exploiting poor domain name security can be more subtle. We are all weary of the endless cycle of hacks and data breaches and we’re increasingly blaming businesses that have been compromised rather than the hackers themselves. That spells trouble if you’re the one that gets hacked.

Hacking 130

Hacking Retail Cyber Insurance Authentication 130

CyberSecurity Insiders

DECEMBER 26, 2022

Insurance companies like Lloyd offer cyber insurance policies that cover a business from facing a business loss during a cyber-attack. However, in coming days, cyber attacks will become uninsurable, as per Mario Greco, the Chief of Zurich Insurance. So, will cyber insurance vanish with time?

Insurance 129

Insurance Cyber Attacks Cyber Insurance Ransomware 129

Security Affairs

AUGUST 21, 2020

University of Utah officials explained that the university’s cyber insurance policy covered part of the ransom. “After careful consideration, the university decided to work with its cyber insurance provider to pay a fee to the ransomware attacker,” the university said today.” Pierluigi Paganini.

Ransomware 145

Ransomware Cyber Insurance Insurance Advertising 145

Threatpost

JULY 19, 2018

In this InfoSec Insider cyber insurance expert Nick Sanna discusses how to balance threat exposures and protecting assets with insurance against hacking, breaches and vulnerabilities.

Cyber Insurance 46

Cyber Insurance Insurance InfoSec Risk 46

Threatpost

NOVEMBER 30, 2021

The insurer won’t pay for 'acts of cyber-war' or nation-state retaliation attacks. .

Insurance 96

Insurance Cyber Insurance Government Malware 96

CyberSecurity Insiders

FEBRUARY 21, 2023

But now a new file encrypting malware variant has emerged onto the block that demands ransom, based on the insurance cover. ransomware does so during negotiations and tries to find the exact amount to be covered with the cyber insurance and then demands ransom.

Insurance 124

Insurance Ransomware Cyber Insurance Encryption 124

Security Affairs

FEBRUARY 6, 2021

” WestRock confirmed that it has cyber insurance business interruption insurance. The Company maintains a variety of insurance policies, including cyber insurance and business interruption insurance. SecurityAffairs – hacking, WestRock). Pierluigi Paganini.

Ransomware 145

Ransomware Insurance Cyber Insurance Technology 145

eSecurity Planet

JULY 12, 2022

Cyber Insurer Provides Help. As Spectra Logic had the foresight to take out cyber insurance , Chubb representatives were professional and helpful, according to Mendoza. Also read: Top 8 Cyber Insurance Companies for 2022 Best Ransomware Removal and Recovery Services. Most had been infected.

Ransomware 144

Ransomware Cyber Insurance Backups Insurance 144

Krebs on Security

JULY 24, 2018

The company determined the hacking tools and activity appeared to come from Russian-based Internet addresses. ” In this case, Castagnoli said what the bank seems to be claiming is that the Debit Card Rider shouldn’t apply because — but for the computer hacking — the losses wouldn’t have occurred. ” .

Banking 197

Banking Insurance Computers and Electronics Cyber Insurance 197

Security Affairs

DECEMBER 2, 2020

Bleeping Computer has learned aware that K12 was hit by Ryuk ransomware and K12 paid the ransom utilizing their cyber insurance. SecurityAffairs – hacking, Ryuk). At the time of this writing, it is not known the ransom amount. ” the company told Bleeping Computer. .” ” the company told Bleeping Computer.

Education 145

Education Cyber Insurance Insurance Ransomware 145

Security Boulevard

AUGUST 25, 2022

announced that it will require its underwriters, globally, “to exclude catastrophic state-backed hacks from stand-alone cyber insurance policies” starting in March 2023. This elimination of cyber policies involving nation-state adversaries is not surprising. Last week, Lloyd’s of London Ltd.

Insurance 103

Insurance Cyber Attacks Cyber Insurance Hacking 103

Security Affairs

MAY 1, 2020

Maze Ransomware operators claim to have hacked the network of the state-owned Bank of Costa Rica Banco BCR and to have stolen internal data, including 11 million credit card credentials. SecurityAffairs – Banco BCR, hacking). Please vote Security Affairs for European Cybersecurity Blogger Awards – VOTE FOR YOUR WINNERS [link].

Ransomware 145

Ransomware Banking Cyber Insurance Advertising 145

CSO Magazine

NOVEMBER 17, 2022

It’s no wonder more companies are turning to cyber insurance to help recoup their losses when they do have to pay a ransomware settlement. Cyber insurance can also be a double-edged sword. It has grown in popularity and usually compensates for losses brought on by hacking and data theft, extortion and destruction.

Cyber Insurance 91

Cyber Insurance Ransomware Insurance Hacking 91

CyberSecurity Insiders

MAY 1, 2023

Well, under certain circumstances, local laws stipulate that all companies dealing with customer data must efficiently use resources and funds to protect the information from cybercriminals and state-funded hacks. By the way, data spills occurring from state-funded hacks are no longer covered under cyber insurance.

Data breaches 138

Data breaches Cyber Insurance Insurance Technology 138

Security Affairs

JUNE 5, 2020

“As per our researchers, this data leak includes the company’s cyber insurance documents, various contract calculations worksheets, NASA give review rules, and much more.” . “Just like previous data leaks, the Cyble Research Team has also identified and verified this data leak.”

Engineering 145

Engineering Ransomware Cyber Insurance Advertising 145

Security Affairs

OCTOBER 30, 2023

Most of bug hunters (61%) are experimenting Generative AI (GenAI) and believe it is essential to develop a new generation of hacking tools that can help them find more vulnerabilities. 62% of hackers plan to train their AI to specialize in the OWASP Top 10 for Large Language Models.

Cyber Insurance 138

Cyber Insurance Hacking Insurance CISO 138

CyberSecurity Insiders

JANUARY 26, 2022

A Russian funded hacking group was behind the spread that initially targeted companies operating in Ukraine, but soon distributed it to global networks, causing billions of damage to entities. billion insurance cover battle with ACE American under the rigorous rendition of Acts of War Clause.

Ransomware 112

Ransomware Insurance Cyber Insurance Hacking 112

Security Affairs

DECEMBER 28, 2022

With the increase in the number of cyber attacks, a growing number of organizations opted to transfer the cyber risk by underwriting cyber insurance. The increase in cyber losses in recent years pushed up prices, some insurance companies also changed their policies to limit their refunds in case of cyber incidents.

Cyber Attacks 98

Cyber Attacks Cyber Insurance Insurance Cyber Risk 98

Malwarebytes

JULY 5, 2021

Researchers explore the insecure world of the subdomain (Source: Can i take your subdomain) Cyber insurance model is broken, consider banning ransomware payments (Source: The Register) How facial recognition solutions can safeguard the hybrid workplace (Source: Help Net Security) Capital One hacker faces fresh charges for 2019 hacking spree (Source: (..)

Cyber Insurance 108

Cyber Insurance Social Engineering Scams Insurance 108

Security Affairs

JANUARY 14, 2019

The ruling will be a milestone in the cyber insurance sector, whatever its outcome will force companies to review their policies and client companies to pay attention to all possible exceptions. SecurityAffairs – Mondelez, cyber insurance). Copyright (C) 2014-2015 Media.net Advertising FZ-LLC All Rights Reserved -->.

Cyber Insurance 109

Cyber Insurance Insurance Cyber Attacks Advertising 109

Security Affairs

FEBRUARY 8, 2024

Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 Cyber Skills Gap: By 2025, there could be 3.5 million unfilled cyber security jobs, showing a big need for skilled professionals. Data Breach Costs: The average global cost of a data breach in 2023 was $4.45 million per breach.

Social Engineering 143

Social Engineering Cyber Attacks Cyber Insurance IoT 143

eSecurity Planet

OCTOBER 8, 2024

Overcoming time and cost challenges with traditional testing Network penetration testing is the process of hacking a firm’s computer network, in a simulated manner, to uncover and identify security vulnerabilities and weaknesses. Companies can also schedule automated tests on demand, without the need to coordinate with consultants.

Penetration Testing 109

Penetration Testing Cyber Insurance Insurance Risk 109

The Last Watchdog

OCTOBER 5, 2023

I held this position from 2000 through 2014, during which time Windows emerged as a prime target for both precocious script kiddies and emerging criminal hacking rings. Erin: What are some of the biggest cyber threats that businesses face today? What factors should organizations consider when selecting a cyber insurance policy?

Cyber threats 203

Cyber threats Cyber Insurance Threat Detection Cybersecurity 203

CompTIA on Cybersecurity

DECEMBER 23, 2021

Cybersecurity was a big focus for CompTIA in 2021, producing a tremendous volume of content and data detailing how MSPs and other technology companies are responding to the latest cyberattacks, ransomware, hacks, and other cybercriminal behavior.

Cyber Insurance 70

Cyber Insurance Cybersecurity Insurance Ransomware 70

The Last Watchdog

SEPTEMBER 14, 2018

During 2016, 39 states were hacked. At least one state saw an attempt to delete voter rolls; other states discovered their election websites were hacked. As Ananth explained, the city did two things right: they had cyber insurance and they didn’t pay the ransom. Election threat. And then there is the issue of money.

Government 147

Government Cyber Insurance Digital transformation Hacking 147

Adam Levin

JUNE 30, 2020

In fact, what may matter more is how easy you are to hack. The numbers point to a nascent blame game, which in turn points to the need for companies large and small to make sure they have cyber insurance–often the only thing between your company and an extinction-level cyber event. What can CEOs do?

Ransomware 186

Ransomware Insurance Cyber Insurance Manufacturing 186

Security Affairs

FEBRUARY 21, 2023

For those who have cyber insurance against ransomware attacks. Insurance companies require you to keep your insurance information secret, this is to never pay the maximum amount specified in the contract or to pay nothing at all, disrupting negotiations. Very important! reads the ransom note.

Insurance 98

Insurance Ransomware Cyber Insurance Malware 98

Dark Reading

NOVEMBER 7, 2019

There is no premium that will recover the millions of dollars your company spends on R&D if your intellectual property is hacked and stolen.

Cyber Insurance 40

Cyber Insurance Insurance Hacking 40

Security Affairs

APRIL 24, 2022

SecurityAffairs – hacking, newsletter). To nominate, please visit:? Follow me on Twitter: @securityaffairs and Facebook. Pierluigi Paganini. The post Security Affairs newsletter Round 362 by Pierluigi Paganini appeared first on Security Affairs.

Cyber Insurance 100

Cyber Insurance Spyware Firmware Hacking 100

SecureWorld News

SEPTEMBER 23, 2021

6 ways to hack the ransomware puzzle. Cyber defense is about test, test, test.". Familiarize yourself and your organization with cyber insurance. While Sheridan was discretionary about what he shared on this topic, he did explain how the Secret Service would like to work with insurers in the future.

Ransomware 94

Ransomware Cyber Insurance Insurance Government 94

Security Boulevard

MAY 12, 2022

What Is Not Covered Under Cyber Insurance? Cyber insurance will not cover the cost for security remediation, the purchase of new security technology, or any 3rd pen testing, auditing, or installation of any security products. For organizations seeking cyber insurance, the road for predictable security runs in parallel.

Cyber Insurance 105

Cyber Insurance Insurance Marketing Firewall 105

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 Risk 98

Security Affairs

JULY 8, 2019

The good news is that La Porte County has a cyber insurance that will cover part of the costs sustained to restore the activity after the attack. SecurityAffairs – La Porte, hacking). The county IT director shut down the computer systems to avoid the spreading of the threat and to limit potential damage. Pierluigi Paganini.

Government 109

Government Insurance Cyber Insurance Cyber Attacks 109