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

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. The versatility of hackers and the impact of the vulnerabilities they surface make them instrumental to how our customers anticipate and address risk.”

Cyber Insurance 136

Cyber Insurance Hacking Insurance CISO 136

CyberSecurity Insiders

MAY 26, 2021

The objective is to reassess the coverage provided by the Federal Cyber Terrorism Risk Insurance Program( TRIP) in the event of cyber-terrorist activities on the IT infrastructure hosted by public and private properties.

Insurance 78

Insurance Risk Cyber Insurance Cyber Attacks 78

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. SecurityAffairs – hacking, Zurich). The post Zurich chief warned that cyber attacks will become uninsurable appeared first on Security Affairs.

Cyber Attacks 98

Cyber Attacks Cyber Insurance Insurance Cyber Risk 98

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? How can companies minimize risks? Byron: It’s an important risk management tool.

Cyber threats 203

Cyber threats Cyber Insurance Threat Detection Cybersecurity 203

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. After negotiating a lot with the insurance companies, the American pharma giant reached out to the New Jersey Superior court for justice.

Ransomware 112

Ransomware Insurance Cyber Insurance Hacking 112

eSecurity Planet

OCTOBER 8, 2024

By embracing automated network penetration testing — which can cost 60+% less than traditional or manual network penetration testing — firms can stay on top of risks and strengthen their defenses more proactively. Conclusion: A smarter way to protect your network Staying ahead of attackers can drastically reduce a firm’s security risks.

Penetration Testing 109

Penetration Testing Cyber Insurance Insurance Risk 109

Adam Levin

JUNE 30, 2020

In fact, what may matter more is how easy you are to hack. For instance, 71 percent of respondents said companies shouldn’t pay ransoms to hackers, but 55 percent wanted businesses to pay a ransom if their own personal data was at risk. And if it is, only you can take steps to get cyber right. What can CEOs do?

Ransomware 186

Ransomware Insurance Cyber Insurance Manufacturing 186

Malwarebytes

JULY 5, 2021

Stay safe, everyone!

Cyber Insurance 108

Cyber Insurance Social Engineering Scams Insurance 108

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

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

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 142

Social Engineering Cyber Attacks Cyber Insurance IoT 142

Security Affairs

JANUARY 14, 2019

The US food giant Mondelez is suing Zurich for $100 Million after the insurance company rejected its claim to restore normal operations following the massive NotPetya ransomware attack. SecurityAffairs – Mondelez, cyber insurance). The case, lodged in Illinois court (2018-L-011008) is being watched keenly as a result. .

Cyber Insurance 109

Cyber Insurance Insurance Cyber Attacks Advertising 109

The Last Watchdog

SEPTEMBER 14, 2018

Here are key takeaways: Local risks. 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.

Government 147

Government Cyber Insurance Digital transformation Hacking 147

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 Insurance 100

SecureWorld News

SEPTEMBER 23, 2021

His unique insights around cybersecurity-related topics shine a light on ransomware risk for organizations, government agencies, and the public. 6 ways to hack the ransomware puzzle. It starts with having a robust strategic plan that focuses on risk management. Cyber defense is about test, test, test.".

Ransomware 95

Ransomware Cyber Insurance Insurance Government 95

Security Boulevard

JULY 30, 2022

Given this fact, businesses should note the growing number of security issues and cyber threats. Distortion hacks are becoming more common. For example, suppose criminals hack into your company’s cloud. A company’s loss of control over its business practices may lead to various risks, which cybercrim­inals quickly exploit.

Cyber Attacks 110

Cyber Attacks Artificial Intelligence Education Cyber Insurance 110

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

Security Affairs

JUNE 18, 2024

In some cases, attackers are even leveraging the threat of regulatory actions or causing cyber insurance policies to be rendered moot by reporting lapses in security on the part of the victim to regulators and insurers. She is also a regular writer at Bora.

Ransomware 141

Ransomware Cryptocurrency Insurance Cybercrime 141

SC Magazine

MAY 28, 2021

That distinction is important for identifying risk. While the Oldsmar, Florida hack, for example, shined a light on risks associated with remote access to industrial control systems, Colonial Pipeline exposed IT system vulnerabilities that could exist in any sector. They need to come together somehow.

Insurance 117

Insurance Ransomware Government Risk 117

CyberSecurity Insiders

DECEMBER 18, 2022

Cyber attribution and deciphering the extent of state-level tasking is difficult, with blurred lines between state-aligned, state-involved and state-directed increasing the risk of escalation, collateral and misattribution. 3 – Crypto-jacking neglect gets dangerous.

Cybersecurity 125

Cybersecurity CISO Insurance Ransomware 125

Security Affairs

NOVEMBER 6, 2018

Based on the risk score, CryptoIns experts have calculated insurance rates for cryptocurrency exchange users who can now insure their accounts against cyber threats. During this period, at least 13 crypto exchanges were hacked. The insurance period ranges from 90 to 365 days. The most common rate is 1.9%

Insurance 95

Insurance Cryptocurrency Cyber threats Marketing 95

SecureWorld News

OCTOBER 5, 2020

The OFAC Advisory on these cybercrime payments specifically warns financial institutions, cyber insurance firms, and companies that facilitate payments on behalf of victims, that they may be violating OFAC regulations. Although beyond this, you must ask which hacker or hacking group are you paying? Are they sanctioned entities?

Government 82

Government Ransomware Cyber Insurance Cybercrime 82

The Last Watchdog

SEPTEMBER 20, 2019

Local government agencies remain acutely exposed to being hacked. However, at this moment in history, two particularly worrisome types of cyber attacks are cycling up and hitting local government entities hard: ransomware sieges and election tampering. That’s long been true.

Ransomware 153

Ransomware Government Firewall Cyber Insurance 153

eSecurity Planet

AUGUST 9, 2022

See the Top Governance, Risk and Compliance (GRC) Tools. Trotter further argued that encryption of Anthem’s data at rest would have offered only minimal security benefits and would not have prevented the hack. Compliance Comes Down to Risk Management. Consequently, these are all elements of risk management.

Data privacy 145

Data privacy Encryption Data breaches Insurance 145

Security Boulevard

MAY 17, 2023

Despite investing significant resources in cybersecurity, companies are still being hacked. DEMETRIUS MALBROUGH: Yeah, it seems like everyone is focusing and really getting laser focused and honed in on security and dealing with cyber risks and cybersecurity overall. So how risk is assessed changed. So it's growing.

Hacking 52

Hacking Insurance Small Business Cybersecurity 52

CyberSecurity Insiders

OCTOBER 24, 2022

That layered approach to security is critical, as creating additional barriers can frustrate and repel lower-level hacking groups looking for easy money. Cyber insurance. Often, educational institutions see cyber insurance as a needless expense. Until they need it. Conclusion.

Education 58

Education Cyber Attacks Cyber Insurance Insurance 58

Digital Shadows

OCTOBER 14, 2024

RansomHub, now the most active ransomware group, has significantly upped its game by teaming up with the hacking group “ Scattered Spider.” English-speaking countries, particularly the US, UK, Canada, and Australia, have well-developed insurance markets and higher cybersecurity awareness, resulting in higher ransomware insurance adoption.

Ransomware 94

Ransomware Social Engineering Insurance Cyber Insurance 94

Troy Hunt

MARCH 2, 2020

These were companies spanning all sorts of different industries; big tech, general infosec, antivirus, hosting, finance, e-commerce, cyber insurance - I could go on. The point is the net was cast very wide. We whittled the original 141 companies down to the 43 that were best aligned to the goals I outlined in the original blog post.

Data breaches 363

Data breaches Marketing Cyber Insurance InfoSec 363

Security Boulevard

JUNE 26, 2022

That $3.29, even with cyber insurance, is still a significant hit to the organization’s bottom line. If the CEO requires a 20% reduction across the whole organization, reducing security only puts the company at risk for a breach that could make far more financially impactful than a drop in sales.

Information Security 98

Information Security Technology Marketing Data breaches 98

SC Magazine

JULY 2, 2021

Also, “they may not have known that they were hacked for a period of time if their internal surveillance tools are deficient.”. For the Impact Advisors, many providers engage with their cyber insurance provider to assist with the breach response efforts.

Insurance 88

Insurance Cyber Insurance Data breaches Media 88

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. Just in 2020, the SolarWinds hack could’ve been prevented for organizations that promptly patch software. While virtual backups are great, if you’re not storing data backups offline, you’re at risk of losing that data.

Ransomware 97

Ransomware Backups Software Encryption 97

eSecurity Planet

APRIL 6, 2023

While a typical ransomware attack just encrypts the data, exfiltration raises the risk by threatening to make sensitive data public. The developer has fewer risks, and the buyer does all of the work. Lapsus$ This hacking group is famous for using an extortion and destruction approach without organizing ransomware payloads.

Ransomware 98

Ransomware Backups Encryption Malware 98

NetSpi Executives

APRIL 27, 2024

Ransomware, a definition Ransomware is a set of malware technologies, hacking techniques, and social engineering tactics that cybercriminals use to cause harm, breach data, and render data unusable. Some can’t afford not to pay, and some are covered by cyber insurance. Should I get a ransomware cyber insurance policy?

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

Pen Test Partners

NOVEMBER 4, 2024

Maritime cyber insurance has been playing catch-up with maritime cyber security for a while now. As a result maritime cyber regulation is on the catch up. As a result maritime cyber regulation is on the catch up. 2 covered guidance for cyber at sea, but it didn’t have the desired effect.

Insurance 64

Insurance Technology Cyber Insurance Cyber Risk 64

BH Consulting

JUNE 13, 2023

Target the human, swipe the cash: Verizon DBIR 2023 highlights crime trends Manage the human risk and mind your money: those are two key takeaways from Verizon’s 2023 Data Breach Investigations Report. Experts are warning of a possible wave of extortion attempts after the mass hack.

Social Engineering 52

Social Engineering Data breaches Scams DDOS 52

ForAllSecure

MAY 17, 2023

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. It’s about challenging our expectations about the people who hack for a living. And why is that?

Internet 40

Internet Internet Insurance Cyber Insurance 40