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The ideas will cover multiple aspects of InfoSec, from organizational structure to technology. At the highest level, I think the big change to InfoSec will be a loss of magic compared to now. HT to Jeremiah Grossman to also being very early to seeing the role of insurance in InfoSec. Insurance companies.
AIG is one of the top cyberinsurance companies in the U.S. Today’s columnist, Erin Kennealy of Guidewire Software, offers ways for security pros, the insurance industry and government regulators to come together so insurance companies can continue to offer insurance for ransomware. eflon CreativeCommons CC BY 2.0.
Every time a driver buckles up or an airbag is deployed we see the powerful influence of the insurance companies who insisted those measures become mandatory. Now, those insurers are poised to drive cybersecurity investment by insisting that organizations meet certain criteria to qualify for coverage. A maturing model.
In this InfoSec Insider cyberinsurance expert Nick Sanna discusses how to balance threat exposures and protecting assets with insurance against hacking, breaches and vulnerabilities.
Cyberinsurance becomes mainstream discussion. As cyberattacks have become more costly and more challenging to track, cyberinsurance has gained prominence across the industry. The cyberinsurance market is expected to reach around $20B by 2025.
Cyberinsurance (critical). Well documented policies and standards for employees (data handling). Enterprise endpoint protection and remediation (anti-malware, anti-virus software). Endpoint encryption for all laptops. Intrusion detection and response. And more (listen in for the full list). "I
Brennan is speaking at SecureWorld Chicago on June 8, tackling the topic of "I Can See Clearly Now, the Threats Are Gone: The State of InfoSec and Threat Intelligence Today." Botts is Director of the Global Cyber Security Program at University of St. He, too, is speaking on a panel at SecureWorld Houston on May 18.
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. ". 2023 promises to be an interesting, challenging and opportunistic year from cyber security professionals.
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). Healthcare Data Privacy Laws. Health data and patient data in the U.S.
These were companies spanning all sorts of different industries; big tech, general infosec, antivirus, hosting, finance, e-commerce, cyberinsurance - I could go on. The point is the net was cast very wide.
Ransomware incidents covered by cyberinsurance policies. Insurance is a valid and efficient tool mitigating the risks of encryption posed by your system's exposure to malware. The insurer provides funding to the insured parties in the event they suffer ransomware invasion.
What's important now is for executive leadership to have that same sense of urgency as infosec leaders. The 'it could never happen here' mentality disappears when data breaches, usually from phishing attacks, are literally happening everywhere, in every industry, to companies of all sizes.
Here are some examples of goals: Reducing simulation click rates Increasing training completion rates Increased reporting of suspicious emails to IT/Infosec Reduced incidents of breaches due to human error Implementing and measuring user risk scores 4. These targets will provide a clear way to track progress and demonstrate value.
Economic effects, including inflationary pressures, have had a broad impact across the InfoSec landscape," Smeaton said. Kimberly "KJ" Haywood, Principal Advisor at Nomad Cyber Concepts and Adjunct Cybersecurity Professor at Collin College, had this to say: "Inflation is hitting organizations harder than ever.
It probably comes as no surprise that ransomware attacks are more prolific now than they were several years ago. A 2021 survey found that ransomware attacks increased 62% over the preceding two years, as reported by Security Magazine , with North American registering a surge of 158% during that same period.
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