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How security pros, the insurance industry, and regulators can combat ransomware

SC Magazine

AIG is one of the top cyber insurance 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.

Insurance 113
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Top 5 Security Trends this Summer: RSA Conference & Black Hat 2022

Webroot

Cyber insurance becomes mainstream discussion. As cyberattacks have become more costly and more challenging to track, cyber insurance has gained prominence across the industry. The cyber insurance market is expected to reach around $20B by 2025.

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Safety first: Will insurance companies stall or accelerate cybersecurity progress?

SC Magazine

The relationship between enterprises and insurers, like the cyber insurance market itself, is evolving. Propelled by the surge of cyber incidents and ransomware attacks, businesses and insurance providers are rethinking and redefining how they engage each other, said Trent Cooksley, chief operation officer at Cowbell Cyber. “In

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Ransomware Prevention vs. Recovery: Which Costs Businesses More?

Security Boulevard

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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12 Pieces Examining Trends in Cybersecurity for 2023

SecureWorld News

5 Trends to Watch for Cybersecurity in 2023 – "From advancements in artificial intelligence (AI) to the continued evolution of ransomware and cyberattacks, the coming year is sure to bring significant developments in the world of cybersecurity. It will be crucial for everyone to stay informed and prepared.".

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Inflation Is Making Cybersecurity Even More Challenging for Leaders

SecureWorld News

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. trillion by 2025.

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How Not to Pay the Ransom? No Soup For You, Ransomware!

Thales Cloud Protection & Licensing

No Soup For You, Ransomware! Ransomware campaigns such as WannaCry and Petya attacks made this malware type a top threat to all organizations worldwide. Cyber crooks are getting more sophisticated and IT professionals have tough times struggling to detect and block malicious interventions at early stages.