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News Alert: QBE North America launches new cyber insurance program with Converge

The Last Watchdog

New York, NY, July 27, 2023 – QBE North America today announced the launch of a cyber insurance program with new MGA, Converge, acting as program administrator. The program will be broken down into two separate distribution structures, each with a distinct revenue focus and cyber security data access formation.

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As market for cyber insurance booms, watchdog calls for better data

SC Magazine

Overall, insurance companies seem to be responding to increased demand from clients for cyber-specific insurance, and one survey found that the two things most likely to spur a purchase of cyber insurance are when a business experiences a cyber attack and when they hear about other companies being hit by a cyber attack.

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Ransomware captures attention of business leaders, as losses become real

SC Magazine

A new Cybereason survey found that more than four out of five respondents from various business sectors – some 81% – said they are “highly” or “very concerned” about the risk of ransomware attacks. In addition, having cyber insurance coverage in place does not guarantee an organization can recoup losses associated with a ransomware attack.

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Ready for Take-off: Rising Above Airport Cybersecurity Challenges

Thales Cloud Protection & Licensing

To manage the risk of potential insider and outsider threats while ensuring operational efficiency, airport authorities must accurately credential each employee in line with federal and airport-specific regulations; therefore, identity and access management play a crucial role. Integrate separate siloed systems to limit data sprawl.

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Q&A: Why SOAR startup Syncurity is bringing a ‘case-management’ approach to threat detection

The Last Watchdog

This, in short, is the multi-headed hydra enterprises must tame in order to mitigate rising cyber risks. Sutton: SOAR was born out of the gap between what SIEMs were supposed to be and the rising sophistication of cyber threats. Smart money. Enter SOAR, the acronym for “security operations, analytics and reporting.”

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The Hacker Mind Podcast: The Internet As A Pen Test

ForAllSecure

Chris Gray of Deep Watch talks about the view from the inside of a virtual SOC, the ability to see threats against a large number of SMB organizations, and the changes to cyber insurance we’re seeing as a result. cyber insurance as a whole was changing heavily. And why is that? It started off pretty easy to get.

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Total Economic Impact Study Finds ReliaQuest Delivers ROI of 350% and Reduces Likelihood of a Breach by 20%

CyberSecurity Insiders

The study found that for a composite organization, investments with ReliaQuest produced a return of investment (ROI) of 350% over three years, while increasing risk coverage and reducing the likelihood of a breach by 20%. in Increased risk coverage. Overall, the study found the three-year benefits include: $2.7M Headcount Savings.

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