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The Evolving Role of Cyber Insurance in Mitigating Ransomware Attacks

SecureWorld News

On top of this, a significant 41% of victims opted to pay the ransom, which is a difficult decision that's fraught with its own respective complexities and risks. Here, cyber insurance serves as an invaluable safety net by offering essential financial coverage and support services in the event of a ransomware attack occurring.

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Deciphering the Omnibus for Medical Device Security

NetSpi Executives

Section 3305 mandates that medical device manufacturers must submit comprehensive plans to the FDA, focusing on monitoring, identifying, and proactively addressing medical device vulnerabilities. Notably, the law is characterized by its foundational correctness and forward-looking approach, ensuring adaptability to evolving cyber threats.

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Cybersecurity awareness: Train your employees and reduce cyber threats

IT Security Guru

After all, cybersecurity is a matter of proper human risk management. Several reports, such as the World Economic Forum Global Risk Report 2022 and Verizon’s 2022 Data Breach Investigations Report highlight that human error is by far the biggest and dominant cause of illicit actions and cybersecurity issues. Reduce human risk.

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The challenges of being a CISO during the COVID-19 pandemic

IT Security Guru

CISOs are no strangers to disruption and challenges, but during the pandemic they have faced many disruptions it has caused and created a wealth of new challenges. An explosion of cyber risks and a complicated and constantly changing threat landscape. Securing a rapid transition to a remote workforce.

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Top 8 Cyber Insurance Companies for 2022

eSecurity Planet

For that reason, most experts now recognize that a complete cybersecurity strategy not only includes technological solutions aimed at preventing, detecting, and mitigating attacks, it should also include cyber insurance to help manage the associated financial risks. Also see: Best Third-Party Risk Management (TPRM) Tools.

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Strong medical device security awareness stifled by inventory, knowledge gaps

SC Magazine

In fact, the latest Armis report shows 63% of health care delivery organizations have been impacted by a security incident caused by unmanaged devices or IoT in the last two years. in the last year and the continued rise in cyber events. And 26% of those entities lack policies that would secure both work and personal devices.

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Cyber Security Awareness and Risk Management

Spinone

In this article we will learn how to address and effectively respond to major enterprise cybersecurity threats and provide tips to mitigate IT security risk. For enterprise digital health, it is imperative to prevent illegitimate access attempts and to deter inside and outside attackers from causing serious damage.