article thumbnail

Cybersecurity in 2020

Cytelligence

The rise of cyber insurance – Underwriters will sell more cyber insurance policies for businesses and government agencies such as schools, hospitals and utilities. Insurance companies may guide their policyholders to pay ransoms, as this is generally cheaper than having to recover from a ransomware attack. This will, in turn, will lead to more attacks, and fast growth for the cyber insurance industry. Cyber Security Awareness Training .

article thumbnail

Ransomware in 2020

Cytelligence

Unfortunately, the citizens of the country had to pay the ransom as the city had no cyber insurance. Having cyber insurance meant the city only had to pay a small fee to get their systems back up and running. Ransomware will continue to be the growth driver in cyber-crime. The need for cyber insurance for companies will increase significantly in 2020. Cyber Security Vulnerability Assessment Ransomware Penetration Testing Uncategorized

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

34 Most Common Types of Network Security Protections

eSecurity Planet

Encryption Product Guides Top 10 Full Disk Encryption Software Products 15 Best Encryption Software & Tools Breach and Attack Simulation (BAS) Breach and attack simulation (BAS) solutions share some similarities with vulnerability management and penetration testing solutions.

article thumbnail

BreachBits Announces BreachRisk, The New Standard in Cyber Risk Scoring

CyberSecurity Insiders

–( BUSINESS WIRE )– BreachBits , a military-grade cyber risk management and penetration testing firm that leverages artificial intelligence to empower organizations to anticipate attacks, has announced BreachRisk TM , a new standard to understand, measure and communicate cyber risk.

article thumbnail

Businesses Secretly Pentest Partners as Supply Chain Fears Grow

eSecurity Planet

As a result, some are now taking extra precautions such as hiring specialized companies to conduct penetration testing audits on externally facing partner resources. Testing entities run the pentests and present the results to service providers and businesses,” said Taylor. “As

article thumbnail

Testing to Ensure Your Security Posture Never Slouches

McAfee

Imagine if you had one place where you found a comprehensive real time security posture that tells you exactly where the looming current cyber risks are and the impact? Let’s consider a recent and relevant cyber threat.

article thumbnail

Policy debate: the pros and cons of cybersecurity insurance

BH Consulting

Organisations are coming under increasing pressure to take out cybersecurity insurance cover. Also known as cyber risk insurance, it’s now a prerequisite in some public sector tenders. Effective security management is better than any insurance policy.

article thumbnail

Scanning for Flaws, Scoring for Security

Krebs on Security

Earlier this year, FICO began touting its Cyber Risk Score (PDF), which seeks to measure an organization’s chances of experiencing a data breach in the next 12 months, based on a variety of measurements tied to the company’s public-facing online assets. companies with the Cyber Risk Score, and then invited these companies to sign up and see how their score compares with that of other organizations in their industry.

article thumbnail

NEW TECH: Brinqa takes a ‘graph database’ approach to vulnerability management, app security

The Last Watchdog

Imposing just the right touch of policies and procedures towards mitigating cyber risks is a core challenge facing any company caught up in digital transformation. Related: Data breaches fuel fledgling cyber insurance market. Early on, a customer of their cyber risk management solution asked if they could assess a physical location, down to the fire extinguishers.

article thumbnail

AON ACQUIRES CYTELLIGENCE, A LEADING INTERNATIONAL CYBER SECURITY FIRM WITH DEEP EXPERTISE IN CYBER INCIDENT RESPONSE AND DIGITAL FORENSIC INVESTIGATIONS

Cytelligence

AON ACQUIRES CYTELLIGENCE, A LEADING INTERNATIONAL CYBER SECURITY FIRM WITH DEEP EXPERTISE IN CYBER INCIDENT RESPONSE AND DIGITAL FORENSIC INVESTIGATIONS. ? Acquisition combines Aon’s industry-leading investment in cyber security with Cytelligence’s unique technical expertise in incident response and digital forensics services to strengthen Aon’s cyber security client value proposition. said J Hogg, CEO of Aon Cyber Solutions.

article thumbnail

Simplifying the fight against ransomware: An expert explains

Malwarebytes

Most ransomware attacks are not sophisticated, state-sponsored cyber operations, Kujawa says. Do you have resources that can help you , such as law enforcement agencies or a cyber insurance firm?

article thumbnail

A pragmatic approach to risk management & resilience 

CyberSecurity Insiders

Cybersecurity starts with the ability to recognize your cyber risk. We will explore several topics related to taking a practical approach to managing risk and achieving cyber resilience. It is critical to take a risk-based approach to security, meaning leaders must identify and focus on specific elements of cyber risk to decrease enterprise risk. Specifically, the many components of cyber risk must be understood and prioritized for enterprise cybersecurity efforts.

article thumbnail

Top Cybersecurity Startups to Watch in 2022

eSecurity Planet

Most traditional tools used for investigating cyber attacks cannot assess potential impacts on these environments. With robust encryption policies, Evervault can help reduce insurance premiums and offers PCI-DSS and HIPAA compliance automation. Noetic Cyber. Cowbell Cyber.

article thumbnail

Group-IB and CryptoIns introduce the world’s first insurance against cyber threats for cryptocurrency exchanges

Security Affairs

Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. Group-IB, an international company that specializes in preventing cyber attacks, and a Swiss insurance broker ASPIS SA that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges cybersecurity, allowing the exchanges’ clients to ensure their assets.

article thumbnail

A pragmatic approach to risk management & resilience 

CyberSecurity Insiders

Cybersecurity starts with the ability to recognize your cyber risk. We will explore several topics related to taking a practical approach to managing risk and achieving cyber resilience. It is critical to take a risk-based approach to security, meaning leaders must identify and focus on specific elements of cyber risk to decrease enterprise risk. Specifically, the many components of cyber risk must be understood and prioritized for enterprise cybersecurity efforts.

article thumbnail

Top VC Firms in Cybersecurity of 2022

eSecurity Planet

AllegisCyber Capital was founded in 1996 to serve the growing cyber business ecosystem. Named after the infamous string of nation-state cyber attacks during the late 2000s, NightDragon was established in 2016 by former McAfee CEO Dave DeWalt. Also read : Top Cyber Insurance Companies.

article thumbnail

Conti Ransomware Group Diaries, Part III: Weaponry

Krebs on Security

Conti warned it would use its cyber prowess to strike back at anyone who interfered in the conflict. Conti sought out these tools both for continuous testing (to see how many products detected their malware as bad), but also for their own internal security.