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 77

Cyber Insurance Insurance Cyber Risk Authentication 77

Thales Cloud Protection & Licensing

JULY 4, 2022

How Cybersecurity Insurance Can Work To Help An Organization. For many years, organizations had limited options for addressing data protection risks. A company could never eliminate risk, but they could try to reduce or mitigate it. The function of cybersecurity insurance. What does cybersecurity insurance cover?

Insurance 71

Insurance Cybersecurity Risk Data breaches 71

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 94

Cyber Insurance Insurance Marketing Cyber Risk 94

BH Consulting

JUNE 22, 2021

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. Sometimes, contracts or proposals ask suppliers for both cybersecurity insurance and documented security controls.

Insurance 83

Insurance Cybersecurity Cyber Insurance Cyber Risk 83

SC Magazine

JULY 13, 2021

million patients have been impacted by a health care data breach so far in 2021, a whopping 185% increase from the same time period last year where just 7.9 The Fortified Health report is meant to support health care covered entities in light of the ongoing threats and the rise in data breach numbers. More than 22.8

Data breaches 113

Data breaches Insurance Healthcare Education 113

The Last Watchdog

DECEMBER 5, 2018

The compromised databases included names, addresses, dates of birth, insurance policy details, medical record numbers, account balances and dates of service — of both guarantors and patients. The fact that this incident is being labeled “the Atrium breach” in the media also shows where the reputational risk lies.

Data breaches 153

Data breaches Healthcare Insurance Risk 153

SC Magazine

FEBRUARY 8, 2021

Every time a driver buckles up or an airbag is deployed we see the powerful influence of the insurance companies who insisted those measures become mandatory. Now, those insurers are poised to drive cybersecurity investment by insisting that organizations meet certain criteria to qualify for coverage. A maturing model.

Insurance 126

Insurance Cyber Insurance Cybersecurity Government 126

SecureWorld News

AUGUST 18, 2020

The Carnival Corporation, which has canceled cruises for months now as a result of COVID-19, says one of its cruise brands was hit with a ransomware cyberattack. What do we know about the Carnival Cruises ransomware attack? Securities and Exchange Commission, notifying the SEC of the data breach. Remediation is underway.

Cyber Insurance 87

Cyber Insurance Ransomware Insurance Technology 87

Webroot

JULY 25, 2022

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.

Cyber Insurance 124

Cyber Insurance Insurance Marketing Phishing 124

SecureWorld News

JUNE 30, 2021

It is not very often that a ransomware attack can actually cause physical harm to a person. Now, we are seeing it again with a ransomware attack that targeted Scripps Health. Scripps Health patients affected by ransomware. Scripps Health patients affected by ransomware. And there was more Rubenstein had to deal with.

Ransomware 57

Ransomware Data breaches Healthcare Identity Theft 57

SecureWorld News

JUNE 30, 2021

It is not very often that a ransomware attack can actually cause physical harm to a person. Now, we are seeing it again with a ransomware attack that targeted Scripps Health. Scripps Health patients affected by ransomware. Scripps Health patients affected by ransomware. And there was more Rubenstein had to deal with.

Ransomware 54

Ransomware Data breaches Healthcare Identity Theft 54

Joseph Steinberg

JULY 8, 2021

And even relatively rich organizations may fail altogether if they suffer the reputational harm that follows multiple serious cyber-incidents. Insurance is, therefore, always needed.

Insurance 363

Insurance Cyber Insurance Cybersecurity Small Business 363

SC Magazine

MAY 28, 2021

Some saw this as a typical ransomware attack, albeit on a vulnerable target. And while it turned out the ransomware did not leak from the IT systems to the industrial control systems and create a dangerous situation, the pipeline still needed its IT systems functional in order to manage an extremely complex logistical framework.

Insurance 117

Insurance Government Ransomware Risk 117

SiteLock

AUGUST 27, 2021

A data breach, ransomware attack or other digital attack that knocks your website offline can cost your business anywhere from thousands to millions of dollars in remediation, lawsuits from customers and fines by regulators. The site is down, and the criminals want money to unencrypt the data.

Data breaches 98

Data breaches DDOS Ransomware Marketing 98

BH Consulting

JANUARY 11, 2022

From ransomware and scams to security frameworks and employee privacy, our 2021 ‘greatest hits’ show how broad the areas of cybersecurity and data protection can be. We begin with a look at a contentious topic: cyber risk insurance. We begin with a look at a contentious topic: cyber risk insurance.

Cybersecurity 59

Cybersecurity Insurance Scams Cyber Risk 59

NetSpi Executives

OCTOBER 17, 2023

It’s important to note that non-compliance with these cyber device submission elements is prohibited under Section 301 of the Federal Food, Drug, and Cosmetic (FD&C) Act, underscoring the gravity of these updates.

Healthcare 94

Healthcare Manufacturing Cyber Risk Cybersecurity 94

Joseph Steinberg

AUGUST 5, 2021

While leveraging cyber-liability insurance has become an essential component of cyber-risk mitigation strategy, cyber-liability offerings are still relatively new, and, as a result, many parties seeking to obtain coverage are still unaware of many important factors requiring consideration when selecting a policy.

Insurance 258

Insurance Cyber Insurance Artificial Intelligence Cybersecurity 258

Cytelligence

FEBRUARY 4, 2020

Global cyber insurance premiums are expected to grow from $4 billion in 2018 to $20 billion by 2025. According to Aon’s 2019 Global Risk Management Survey , cyber-attacks were identified as a top ten risk facing organizations and is predicted to be one of the top three risks for organizations in 2022. “As

Penetration Testing 45

Penetration Testing Insurance Data preservation Cyber Insurance 45

Thales Cloud Protection & Licensing

JUNE 15, 2023

Improved key management practices: With KMaaS, organizations can ensure that their keys are managed according to industry best practices, which helps minimize the risk of data breaches. Managing the encryption keys securely, KMaaS can help protect encryption and prevent unauthorized access to sensitive data.

Encryption 133

Encryption Data breaches Authentication Risk 133

Pen Test

OCTOBER 10, 2023

The Surge of Double Extortion Ransomware Attack s Ransomware attacks have become an increasingly severe threat to organizations around the world. The Evolution of Ransomware into Double Extortion Tactics The Basics of Ransomware Ransomware itself has been around for years.

Ransomware 52

Ransomware Backups Insurance Cyber Insurance 52

Security Affairs

NOVEMBER 14, 2022

As the risk of a cyberattack grows, it is pivotal to consider whether the directors of a company hit by a ransomware attack, for example, can bear any liability for negligence in failing to take steps to limit the risk. The size of the cyber risk to companies cannot be underestimated.

Cyber Risk 118

Cyber Risk Insurance Cyber Attacks Risk 118

SC Magazine

JULY 1, 2021

This creates a major gap in security awareness, considering the 65,000 ransomware attacks deployed in the U.S. in the last year and the continued rise in cyber events. In health care, ransomware and data breaches frequently receive the most media attention. Combatting health care’s greatest threats.

Security Awareness 68

Security Awareness IoT Risk Healthcare 68

SecureWorld News

OCTOBER 11, 2023

Before that, I worked as a full-time CISO for an insurance company for seven years. Most people just sign the data security addendum with only a casual glance and then hope for the best. I've redacted the sources, but our customers are offering SaaS and selling to large insurance companies. Here's the first example.

Insurance 93

Insurance Passwords CISO Cybersecurity 93

CyberSecurity Insiders

JANUARY 12, 2022

NEW YORK–( BUSINESS WIRE )–Flashpoint, the trusted leader in threat intelligence and risk prevention, today announced it has acquired Risk Based Security (RBS), a Richmond, Virginia-based company specializing in vulnerability and data breach intelligence, as well as vendor risk ratings.

Risk 52

Risk Data breaches Cyber threats Cyber Risk 52

BH Consulting

SEPTEMBER 7, 2022

As demand for cyber risk insurance increases, two recent developments could have policyholders scrambling to check their cover. In the United States, a judge dismissed a claim against an insurance company that refused to pay extra for losses due to business email compromise. And the cyber insurance market keeps growing.

Insurance 40

Insurance Social Engineering Cyber Risk Cyber Insurance 40

eSecurity Planet

MARCH 17, 2023

It also helps organizations to organize and assess data for vulnerabilities and determine an appropriate response plan in the case of a data breach. In worst-case scenarios, these firms should cover your business if you’re impacted by a data breach that leaks sensitive information and leads to fines and legal fees.

Network Security 120

Network Security Penetration Testing Firewall Antivirus 120

Spinone

NOVEMBER 30, 2020

Another common understanding of this term is the probability of a cyber incident happening in an information system. Types of cyber risks By probability: Unlikely, e.g., the infection with an old virus Likely, e.g., data breach through shadow IT. Highly probable, e.g., a ransomware attack.

Risk 52

Risk Cybersecurity Cyber Risk Encryption 52

Jane Frankland

DECEMBER 7, 2023

It’s likely we’ll continue to witness a significant shift in the motivation behind prominent cyberattacks, as data sources indicate a resurgence in activities such as information theft, covert communication monitoring, and content manipulation from state sponsored attackers and cybercriminals. Data poisoning will gain popularity in 2024.

Cybersecurity 130

Cybersecurity Cyber threats Insurance Artificial Intelligence 130

Adam Levin

MARCH 2, 2020

You couldn’t go a week last year without seeing a ransomware headline in the news. Ransomware attacks on businesses skyrocketed 365 percent in 2019, and all signs point to more of the same in 2020. As bad as the ransomware scourge was for businesses, local governments arguably had it worse. What Is Ransomware?

Cyber threats 215

Cyber threats Ransomware Encryption Insurance 215

eSecurity Planet

JANUARY 11, 2022

The developer-friendly startup offers Relay to encrypt field-level data and codes to isolate and process code as needed. With robust encryption policies, Evervault can help reduce insurance premiums and offers PCI-DSS and HIPAA compliance automation. Read more: Application Security is Key to Stopping Ransomware, Vendor Says.

Cybersecurity 142

Cybersecurity Threat Detection Artificial Intelligence Risk 142