Digital Shadows

NOVEMBER 26, 2024

Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance. Moreover, RDP ports are often exposed to the internet, which allows threat actors to easily scan for open ports and launch brute-force attacks.

Cyber Attacks

The Last Watchdog

DECEMBER 15, 2024

Cunningham John Paul Cunningham , CISO, Silverfort Identity-based attacks in 2024, like those on Microsoft and Snowflake, are prompting insurers to intensify scrutiny in 2025. Acohido is dedicated to fostering public awareness about how to make the Internet as private and secure as it ought to be.

Cybersecurity

Trend Micro

JUNE 26, 2025

Learn more Service Packages Service Packages Augment security teams with 24/7/365 managed detection, response, and support Learn more Cyber Risk Advisory Cyber Risk Advisory Assess, understand, and mitigate cyber risk with strategic guidance Learn more Managed XDR Managed XDR Augment threat detection with expertly managed detection and response (MDR) (..)

Security Awareness

BH Consulting

MAY 28, 2025

Drawing on reports from the World Economic Forum, the Verizon Data Breach Investigations Report and Hiscox Insurance, Brian painted a picture of what that dark side looks like. Its an apt phAn erase for people working in cybersecurity and data protection, who, as Brian joked, tend not to look on the bright side.

Scams

Trend Micro

JUNE 10, 2025

6 Alerts Back Unread All Inside the criminal mind: Trend’s deep dive into cybercrime. close Read report > Cloud security that leads: Centralized, multi-layered protection now named a CNAPP Leader by IDC.

Cyber Risk

Trend Micro

JUNE 10, 2025

1 Alerts Back Unread All Demo Series: Mastering Exposure Management close Proactively uncover and manage cyber risk > Support Business Support Portal Education and Certification Contact Support Find a Support Partner Resources AI Security Trend Micro vs. Competition Cyber Risk Assessments What Is?

Cybersecurity

SecureWorld News

MARCH 5, 2025

The impact will be felt well beyond the involved countries of Canada, USA, Mexico, and China," said Kenrick Bagnall , Founder, KONCYBER & RB-Cyber Assurance; Royal Candian Mounted Police (RCMP) Contractor/Instructor; Toronto Police Service (Cybercrime Unit) (Ret.). " Here is his detailed breakdown: 1.Cross-border

Cyber Risk

Trend Micro

JULY 2, 2025

6 Alerts Back Unread All Inside the criminal mind: Trend’s deep dive into cybercrime. close Read report > Cloud security that leads: Centralized, multi-layered protection now named a CNAPP Leader by IDC.

Cyber Risk

IT Security Guru

JUNE 28, 2022

Enter cyber insurance. We insure almost everything – our homes, our cars, even our lives. At first glance, it seems odd that most businesses don’t insure against something as potentially devastating as cybercrime. Unfortunately, transferring traditional insurance models to the cyber-sphere isn’t an easy task.

Cyber Insurance

SecureWorld News

AUGUST 1, 2023

One aspect of these cyberattacks that has been hotly debated is the role that cybersecurity insurance plays in these incidents. To better understand the relationship between insurance and ransomware, U.K.-based RUSI's research challenges the notion that cyber insurance is a direct catalyst for ransomware.

Cyber Insurance

SC Magazine

MAY 24, 2021

In a report released May 20, the Government Accountability Office looked at how the private cybersecurity insurance market has developed over the past five yearsRich Baich is global chief information security officer for insurance giant AIG. Photo by Spencer Platt/Getty Images).

Cyber Insurance

Thales Cloud Protection & Licensing

MAY 10, 2022

Checklist for Getting Cyber Insurance Coverage. As cyber criminals mature and advance their tactics, small and medium businesses become the most vulnerable because they lack the capacity – staff, technology, budget - to build strong cyber defenses. The necessity for cyber-insurance coverage.

Cyber Insurance

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

Malwarebytes

FEBRUARY 21, 2023

Ransomware authors are wading into the cybersecurity insurance debate in a somewhat peculiar way. Specifically: urging victims to disclose details of their insurance contract , in order to tailor a ransom which will be beneficial to the company under attack. dismantling a device piece by piece The ransomware, called HardBit 2.0,

Cyber Insurance

Krebs on Security

JULY 24, 2018

Hackers used phishing emails to break into a Virginia bank in two separate cyber intrusions over an eight-month period, making off with more than $2.4 Now the financial institution is suing its insurance provider for refusing to fully cover the losses. Everest National Insurance Company did not respond to requests for comment.

Banking

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.”

Ransomware

Security Affairs

NOVEMBER 6, 2018

Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. According to CryptoIns analysts, the crypto assets insurance market is expected to reach $7 billion by 2023. Why do crypto exchanges’ users need insurance?

Insurance

The Last Watchdog

APRIL 30, 2019

That could be for insurance purposes. “As As with any insurance, cyber insurance really requires due care.” Acohido is dedicated to fostering public awareness about how to make the Internet as private and secure as it ought to be. Wrenn said. “So Privacy in focus The flip side of data security is privacy.

Cybersecurity

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. At the time of this writing, it is not known the ransom amount. ” the company told Bleeping Computer.

Education

CyberSecurity Insiders

DECEMBER 11, 2021

(NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced it is partnering with leading cyber insurance companies to help businesses manage their risks online. As a result, some insurance companies have had to raise premiums to cover their costs.

Cyber Insurance

The Last Watchdog

MAY 29, 2024

Additionally, cyber insurance carriers and the Department of Defense’s CMMC standard now recommend or require advanced protective DNS solutions. Acohido is dedicated to fostering public awareness about how to make the Internet as private and secure as it ought to be. (LW LW provides consulting services to the vendors we cover.)

DNS

Security Boulevard

MAY 12, 2022

In the early 1990s, the Internet industry needed to move packets as fast as possible because some marketing genius came up with the idea that everyone could have “Unlimited Internet Access” for $9.95 Those people belong in the Internet Hall of Fame. Truth be told, AOL made the Internet, the Internet.

Cyber Insurance

SecureWorld News

AUGUST 21, 2020

The end result was hefty payment: "After careful consideration, the university decided to work with its cyber insurance provider to pay a fee to the ransomware attacker. This was done as a proactive and preventive step to ensure information was not released on the internet.". And number one is cyber insurance.

Ransomware

The Last Watchdog

AUGUST 8, 2022

Will they be able to gain control of all the monitors or other remote devices (in our Internet of Things world) tied to the digital twin? Can they access industrial control systems? Will they be able to get into the SCADA systems perhaps tied to the digital twin? They need a comprehensive cybersecurity plan.

Cyber Insurance

SecureWorld News

NOVEMBER 12, 2020

The problems with the RDP is that it suffers from vulnerabilities that can be exploited and the RDP service may rely on internet-facing servers which are easily accessed.". Unfortunately, if potential ransomware targets are known to be insured, the attackers assume that they will most probably be paid.

Cyber threats

The Last Watchdog

OCTOBER 5, 2023

Byron: Since I started, the cyber threat landscape has grown exponentially, with more sophisticated attacks and diverse attackers ranging from individual hackers to professional criminal rings to state-sponsored entities. Erin: Do you think cyber insurance should play a bigger role in companies’ cybersecurity strategies?

Cyber threats

SecureWorld News

NOVEMBER 2, 2022

He helps senior decision makers overcome cybersecurity sales objections and manages unlimited cyber risks through rigorous prioritization. In the private sector, he was a CISO for an insurance company, credit card processor, bank, credit union, and IT Managed Service Provider. He's served as a captain with the F-22 program in the U.S.

Cybersecurity

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? Chamber of Commerce to evaluate more than 2,500 U.S.

Cyber Risk

SecureList

NOVEMBER 9, 2022

Businesses most at risk are aerospace and defense contractors, as well as critical infrastructure operators (utilities such as water, electricity, and Internet, but also hospitals and operators of large cyber-physical systems such as dams). Cyber teams are going to be in the spotlight now more than ever.

Cybersecurity

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. Market Size: The AI cyber security market was worth around $17.4 million per breach.

Social Engineering

SecureWorld News

DECEMBER 7, 2022

Scott Register, VP of Security Solutions at Keysight Technologies, discusses this trend: "Deepfake technology to date has resulted in political confusion, internet chatter, and some amusing mashup videos, but expect this to change in the near term. Cyber insurance trends in 2023.

Cybersecurity

BH Consulting

JULY 17, 2024

Cyber insurance: whisper it, but it seems to be working Cyber insurance premiums have dropped by 15 per cent compared to their peak in 2022. Even though more companies are buying cyber insurance, Howden found prices are falling through a combination of more providers in the market, and companies improving their security.

Cyber Insurance

SC Magazine

FEBRUARY 10, 2021

Sachin Bansal, general counsel at SecurityScorecard, spoke with SC Media about ratings, and how they can be used to strengthen the supply chain, determine cyber insurance premiums and as an investigative tool for an oversight body. These scores are updated every day because the internet changes every day.

Cyber Insurance

SC Magazine

JULY 13, 2021

Lastly, the report warns entities not to rely on cyber insurance as the rates have skyrocketed in response to the rise in ransomware attacks. Some insurers are also jacking up the cost of deductibles and limiting the types of entities they’re willing to insure.

Data breaches

The Last Watchdog

MARCH 1, 2019

The ability to prove you have a process, and demonstrate the audit trail showing you used that process, will become the subject of increased scrutiny by regulators and cyber insurance underwriters. Acohido is dedicated to fostering public awareness about how to make the Internet as private and secure as it ought to be. (LW

Threat Detection

CyberSecurity Insiders

DECEMBER 18, 2022

In 2023, ‘knowing thy enemy’ in cyber will be more complicated than ever before – but it is critical that organizations remain aware of the realities of cyber risk and cease to focus on the ‘boogie man’ of the internet that features in sensationalist reporting.

Cybersecurity

The Security Ledger

OCTOBER 23, 2018

In this episode of the podcast (#117), we go deep on one of the hottest sectors around: cyber insurance. In the first segment, we talk with Thomas Harvey of the firm RMS about the problem of “silent cyber” risk to insurers and how better modeling of cyber incidents is helping to address that threat.

Insurance