Security Affairs

AUGUST 21, 2020

The university notified appropriate law enforcement entities, and the university’s Information Security Office (ISO) investigated and resolved the incident in consultation with an external firm that specializes in responding to ransomware attacks.” ” reads a press release published by the University.

Ransomware 144

Ransomware Cyber Insurance Insurance Advertising 144

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. Those that fail to do so will be eligible for prosecution by data watchdogs, also known as Information Security Commissioners.

Data breaches 138

Data breaches Cyber Insurance Insurance Technology 138

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 94

Cyber Attacks Cyber Insurance Insurance Cyber Risk 94

CyberSecurity Insiders

SEPTEMBER 13, 2022

The survey conducted financial risks evaluator Kroll states that in the past few months, beginning this year of 2022, over 71% of organizations suffered over 5 million financial losses that emerged from cyber risks and 33% of them suffered repetitive incidents.

Cyber Risk 131

Cyber Risk Risk Cyber Insurance Insurance 131

SecureWorld News

AUGUST 18, 2020

Security researcher and pentester Vinny Troia tells SecureWorld that although some hackers love making headlines and the notoriety of it all, most have a very specific motivation for their attacks: "Money, money. Ransomware attacks: another argument for cyber insurance? And number one is cyber insurance.

Cyber Insurance 85

Cyber Insurance Ransomware Insurance Technology 85

SecureWorld News

NOVEMBER 2, 2022

Kip Boyle is the virtual Chief Information Security Officer (vCISO) for several companies. He helps senior decision makers overcome cybersecurity sales objections and manages unlimited cyber risks through rigorous prioritization. Kip will present a session on "Cyber Insurance for IT Professionals. "

Cybersecurity 88

Cybersecurity Cyber Insurance Insurance Cyber Risk 88

Security Affairs

FEBRUARY 6, 2021

WestRock is also working with its vendors so they are informed, and supply chains remain operational.” ” 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.

Ransomware 143

Ransomware Cyber Insurance Insurance Technology 143

SC Magazine

FEBRUARY 8, 2021

. “Cybersecurity is, for many people around the world, still not a clear, tangible concept,” said Patryk Brozek, CEO and co-founder of Fudo Security. The relationship between enterprises and insurers, like the cyber insurance market itself, is evolving. These organizations found a shortcut, cyber insurance.

Insurance 126

Insurance Cyber Insurance Cybersecurity Government 126

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 86

Insurance Ransomware Cyber Insurance Malware 86

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 126

Engineering Ransomware Cyber Insurance Insurance 126

Security Affairs

OCTOBER 30, 2023

71% Absence of incidents or breaches, 59% Estimated savings of reputational or customer-related impacts as a result of a security program. 54% Financial savings estimated from avoiding risk, 51% Risk assessment (internal or external), 32% Agility and speed of security teams’ responsiveness, and 7% Discount on cyber insurance.

Cyber Insurance 122

Cyber Insurance Hacking Insurance CISO 122

Security Affairs

FEBRUARY 25, 2024

Wages Cyber War on Russian Military Botnet Spyware leak offers ‘first-of-its-kind’ look inside Chinese government hacking efforts Cybersecurity Former NSA chief calls for alternative approach to cyberdefense Spyware startup Variston is losing staff — some say it’s closing FTC Accuses Avast of Selling Customer Browsing Data to Advertisers Message with (..)

Spyware 101

Spyware Cyber Insurance Hacking Advertising 101

The Security Ledger

AUGUST 20, 2019

Read Security Ledger coverage of NotPetya here. It exposed gaps in traditional approaches to information security. In this interview, Bruce and I talk about the growing specter of systemic cyber risk and how insurance companies are adapting to that risk. one of the most virulent malware attacks ever.

Insurance 40

Insurance Cyber Risk Risk Cyber Insurance 40

Security Boulevard

JUNE 26, 2022

How Information Security Breaks The Classic IT Model. That $3.29, even with cyber insurance, is still a significant hit to the organization’s bottom line. How does information security fit into the producer/consumer model? In some cases, yes, information security does fit into this in several ways: a.

Information Security 98

Information Security Technology Marketing Cyber Insurance 98

Duo's Security Blog

OCTOBER 18, 2021

Cyber insurance providers seem to have also noticed this from their ransomware incident response engagements for insurance claims, and in response they’re starting to require that their customers use MFA. MFA is core to implementing a zero trust stance to protect your campus.

Insurance 85

Insurance Education Risk Cyber Insurance 85

Security Affairs

MAY 1, 2020

Banco BCR has yet to disclose the security breach. Maze Ransomware ransomware operators recently disclose other attacks against different organizations, including IT services giant Cognizant , and cyber insurer Chubb. Please vote Security Affairs for European Cybersecurity Blogger Awards – VOTE FOR YOUR WINNERS [link].

Ransomware 139

Ransomware Banking Cyber Insurance Advertising 139

SecureWorld News

DECEMBER 29, 2022

Some were unexpected, and many were predictable, but all are important to consider when making plans for security in 2023.". Top 3 Information Security Hiring Trends for 2023 – " Here are three key takeaways to keep in mind when researching for a new role in InfoSec in 2023. ".

Cybersecurity 73

Cybersecurity CISO Artificial Intelligence Digital transformation 73

CyberSecurity Insiders

JANUARY 24, 2022

by Great American, a powerful cyber risk management platform that combines the National Institute of Standards and Technology (NIST) driven, inside-out review of an organization’s cyber security posture with insights from continuous, external vulnerability scans and best-in-class cyber security ratings from SecurityScorecard.

Cyber Risk 52

Cyber Risk Insurance Risk Cyber Insurance 52

SC Magazine

JUNE 15, 2021

Coats is a member of the Cybersecurity Collaborative , a chief information security officer membership organization owned by SC Media parent company CyberRisk Alliance. I do believe wholeheartedly that companies are waking up to recognize that cyber is a business driver and a business risk, and ransomware is [a] cost of doing business.

Ransomware 60

Ransomware Insurance Cyber Insurance Risk 60

Security Affairs

APRIL 24, 2022

T-Mobile confirms Lapsus$ had access its systems Are you using Java 15/16/17 or 18 in production? Patch them now!

Cyber Insurance 81

Cyber Insurance Spyware Firmware Insurance 81

eSecurity Planet

AUGUST 9, 2022

Thus, it can be difficult for even small enterprises to keep up with information security and data privacy compliance. Sometimes, however, information security, data privacy, and IT compliance overall are people problems more than they are pure data problems. Security, Privacy and Compliance Can Conflict.

Data privacy 142

Data privacy Encryption Data breaches Insurance 142

Security Boulevard

JUNE 23, 2022

Ask your cyber exec to explain the threats facing the organisation. Few chief information security officers (CISOs) have a close relationship with the board in their organisations?—?many Your HR, IT and security teams should work together on this?—?discuss 2 Talk to your CISO. many do not report to it directly.

Insurance 52

Insurance Cyber Risk CISO Cyber Insurance 52

BH Consulting

JUNE 22, 2021

In reality, the tenderer should be asking every bidder questions such as: Is it certified to an independent security standard like ISO 27001 ? Does it carry out regular security audits or checks (ideally by a separate third party)? Are there policies and procedures in place to ensure good governance of information security?

Insurance 83

Insurance Cybersecurity Cyber Insurance Cyber Risk 83

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. The county IT director shut down the computer systems to avoid the spreading of the threat and to limit potential damage.

Government 93

Government Insurance Cyber Insurance Cyber Attacks 93

Krebs on Security

DECEMBER 12, 2018

Is it fair to judge an organization’s information security posture simply by looking at its Internet-facing assets for weaknesses commonly sought after and exploited by attackers, such as outdated software or accidentally exposed data and devices? the security posture of vendor partners).

Cyber Risk 192

Cyber Risk Energy and Utilities Risk Marketing 192

Security Affairs

OCTOBER 13, 2019

. “We had to gain access to our system quickly and gain the information it was blocking,” chief operating officer Paul Betz told a news conference. “As time goes by, and we determine the full impact of this, we will be very grateful we had cyber insurance in place.” ” continues the post.

Ransomware 78

Ransomware Insurance Cyber Insurance Advertising 78

SecureWorld News

AUGUST 23, 2023

Defending and Investigating Advanced Intrusions on Secure Email Gateways" at SecureWorld Dallas on Oct. This is already the case with cyber insurance, and NIST's recent update will help organizations not just reduce their threat landscape but also be better positioned for compliance, audit, and insurance requirements on cybersecurity.

Cybersecurity 77

Cybersecurity CISO Government Risk 77

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

Social Engineering 127

Social Engineering Cyber Insurance Cyber Attacks IoT 127

SecureWorld News

DECEMBER 1, 2022

A panel of practitioner experts breaks it all down in our recent Remote Sessions webcast, "Countdown to CPRA: What Information Security Professionals Need to Know Now," now available on-demand. Cyber insurance (critical). Well documented policies and standards for employees (data handling).

InfoSec 77

InfoSec Cyber Insurance Consumer Protection Insurance 77

Thales Cloud Protection & Licensing

AUGUST 11, 2021

Cyber crooks are getting more sophisticated and IT professionals have tough times struggling to detect and block malicious interventions at early stages. Be it health care or information security, it reasonably attempts to take actions in advance. Ransomware incidents covered by cyber insurance policies.

Ransomware 71

Ransomware Insurance Encryption Cyber Insurance 71

CyberSecurity Insiders

DECEMBER 16, 2021

“ReliaQuest is providing more coverage, which lets us focus less on constantly testing and validating to see if our service provider is doing their job and just trusting the process and working with what they find,” said the Chief Information Security Officer in retail participating in this study.

Retail 52

Retail Insurance Cyber Insurance Risk 52

Duo's Security Blog

JULY 6, 2021

General supply chain security is also a concern among the European Union. They’re working to update their Directive on Network and Information Security Recommendations (NIS 2) recommendations, with a focus on improving essential organization’s cyber resiliency. and expected controls for those environments will follow.

Government 138

Government Architecture Backups Encryption 138

Daniel Miessler

MARCH 20, 2022

I’m starting a new series with this 2022 edition where I think about what Information Security could or should look like in the distant future—say in 2050. Amaya works for Progressive, which is the main player in auto and Cyber Insurance. A Future Example.

InfoSec 180

InfoSec Insurance Engineering Technology 180

BH Consulting

SEPTEMBER 7, 2022

And the cyber insurance market keeps growing. Fitch Ratings estimates annual cyber risk premiums are between $8-10 billion today. Cast your mind back to December of last year: for anyone working in information security, the discovery of the Log4J flaw affected Apache’s Log4J library in hundreds of millions of devices.

Insurance 40

Insurance Social Engineering Cyber Risk Cyber Insurance 40

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. SEC enforcement is making a substantial impression on the cybersecurity community.

Risk 116

Risk Cybersecurity CISO Technology 116

Andrew Hay

JULY 26, 2018

Cyber security insurance cannot and should not, however, be viewed as your primary means of defending against an attack. The best way to maintain a defensible security posture is to have an information security program that is current, robust, and measurable.

Insurance 45

Insurance Computers and Electronics Banking Cybercrime 45

eSecurity Planet

JANUARY 11, 2022

Information security products , services, and professionals have never been in higher demand, making for a world of opportunities for cybersecurity startups. Cowbell Cyber. Investors recognize the potential too, as funding for cybersecurity ventures more than doubled from previous years to almost $22 billion in 2021.

Cybersecurity 142

Cybersecurity Threat Detection Artificial Intelligence Risk 142