SecureWorld News

MARCH 3, 2021

This is just more proof that cyber risk is a business risk. Operational impact of the data breach. It also included detailed information on the data breach and how that impacted the operations of the company. "As Incident response to the data breach. Financial impact of the data breach.

Data breaches 88

Data breaches Technology Healthcare Insurance 88

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

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

The Last Watchdog

JANUARY 30, 2019

Late last year, Atrium Health disclosed it lost sensitive data for some 2.65 Third-party cyber risks are likely to persist at the current scale for a while longer. There is impetus for change – beyond the fear of sustaining a major data breach.

Cyber Risk 147

Cyber Risk Risk Financial Services Banking 147

SecureWorld News

AUGUST 23, 2023

This morning, Critical Start released its first ever Cyber Risk Landscape Peer Report , which explores some of the major concerns and challenges currently confronting cybersecurity leaders as they manage risk within their organizations. Here are some comments on the cyber risk landscape from cybersecurity vendor experts.

Cybersecurity 76

Cybersecurity Cyber Risk Risk Cyber Insurance 76

Webroot

JULY 25, 2022

Threat intelligence solutions using AI/ ML technologies can prevent false positives and reduce alert fatigue – helping cybersecurity professionals focus on strategic priorities instead of spending all their time reacting to security alerts and potential incidents. Cyber insurance becomes mainstream discussion.

Cyber Insurance 124

Cyber Insurance Insurance Marketing Phishing 124

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

Centraleyes

JANUARY 18, 2024

A harmonious balance ensures that the organization benefits from the spark of innovation without succumbing to the risks that may accompany it. Partnering with them can infuse new ideas and technologies into the organization. Relying too heavily on innovative but volatile partners may introduce unnecessary risks.

Risk 52

Risk Insurance Cyber Risk Technology 52

Krebs on Security

DECEMBER 12, 2018

For years, potential creditors have judged the relative risk of extending credit to consumers based in part on the applicant’s credit score — the most widely used being the score developed by FICO , previously known as Fair Isaac Corporation. Data accidentally released by FICO about the Cyber Risk Score for ExxonMobil.

Cyber Risk 195

Cyber Risk Energy and Utilities Risk Marketing 195

SecureWorld News

AUGUST 18, 2020

Securities and Exchange Commission, notifying the SEC of the data breach. Hackers exfiltrated (removed) some data. The unauthorized access also included the download of certain of our data files. Ransomware attacks: another argument for cyber insurance? Hackers encrypted some files. Remediation is underway.

Cyber Insurance 87

Cyber Insurance Ransomware Insurance Technology 87

The Last Watchdog

APRIL 18, 2019

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. Enterprises, especially, tend to be methodical and plodding.

Digital transformation 113

Digital transformation Cyber Risk Risk Penetration Testing 113

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. It must possess the ability to connect to the internet.

Healthcare 94

Healthcare Manufacturing Cyber Risk Cybersecurity 94

BH Consulting

JANUARY 11, 2022

We begin with a look at a contentious topic: cyber risk insurance. The blog was inspired by the growing number of organisations coming under pressure to take out insurance cover. Risk vs reward. There is an argument that cybersecurity insurance is useful because it makes people think of business risk, not just IT.

Cybersecurity 59

Cybersecurity Insurance Scams Cyber Risk 59

SC Magazine

MAY 28, 2021

No, this was not an infection of the operational technology for Colonial Pipeline… but a shutdown resulted nonetheless. Colonial Pipeline also heightened discussion about the influence of ransomware attacks on cyber insurance.

Insurance 117

Insurance Government Ransomware Risk 117

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

Security Affairs

NOVEMBER 14, 2022

The size of the cyber risk to companies cannot be underestimated. To indicate the size of the cyber risk to companies, there is, on average, a cyber-attack every 39 seconds, which does not mean that every attack is successful, but that there is an attempt to access companies’ computer systems with that frequency.

Cyber Risk 118

Cyber Risk Insurance Cyber Attacks Risk 118

SC Magazine

JULY 1, 2021

Armis researchers surveyed more than 2,000 professionals in May, which showed most users don’t pay attention to major cybersecurity attacks against critical infrastructure and operational technology entities, such as the attack against Colonial Pipeline in early May. in the last year and the continued rise in cyber events.

Security Awareness 68

Security Awareness IoT Risk Healthcare 68

Pen Test

OCTOBER 10, 2023

Double extortion introduces catastrophic risks of data breach and loss of customer trust if sensitive information gets leaked publicly. Even just the notification of a data breach can harm an organization's reputation and bottom line. Fines for non-compliance could offset insurance payouts.

Ransomware 52

Ransomware Backups Insurance Cyber Insurance 52

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

eSecurity Planet

MARCH 17, 2023

XDR is often considered an evolution of EDR, moving beyond endpoint data analysis and threat response to look at telemetry data across clouds, applications, servers, third-party resources, and other network components. With DFS, relevant data can quickly be sorted through and brought to light for investigative purposes.

Network Security 120

Network Security Penetration Testing Firewall Antivirus 120

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

SecureWorld News

AUGUST 25, 2021

In the last year, the state has seen a cyberattack take out the top regulatory agency, a data breach compromise the personal information of thousands of applicants for children’s health insurance, and a cyberattack that resulted in confidential information of 58,000 unemployment applicants being stolen, including SSNs and bank information.

CISO 98

CISO Cybersecurity Government Technology 98

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

SC Magazine

APRIL 26, 2021

Using an operating system which has been declared end-of-life, and thus no longer receives security updates is akin to driving a car with a brake light on, said Oliver Tavakoli, chief technology officer at Vectra.

Government 98

Government Insurance Cyber Risk Data breaches 98

The Last Watchdog

FEBRUARY 25, 2019

Curcio walked me through how identity management technologies evolved over the past two decades. Next, along came the IGA startups like Omada, SailPoint and Saviynt, to essentially to pick up where the first generation of provisioning and de-provisioning technologies left off. Big breaches continue. Positive steps.

Government 169

Government Authentication Technology Data breaches 169

Centraleyes

JANUARY 14, 2024

Let’s take a look at the types of risk that can be covered in a risk assessment: Compliance risk: What’s the chance that working with this third-party will result in compliance issues with governmental regulations? Financial and medical industries have to pay special attention to this risk, as the penalties can be severe.

Risk 52

Risk Cybersecurity Government Insurance 52

Jane Frankland

DECEMBER 7, 2023

These include the adoption of hyper automation and artificial intelligence (AI)-driven decision making, where organisations will increasingly use automation technologies and artificial intelligence to streamline processes and enhance efficiency. Expect to see business compromise email attacks, which have been skyrocketing this year, to surge.

Cybersecurity 130

Cybersecurity Cyber threats Insurance Artificial Intelligence 130

The Last Watchdog

OCTOBER 5, 2023

5, 2023 — Kovrr , the leading global provider of cyber risk quantification (CRQ) solutions, announces the release of its new Fortune 1000 Cyber Risk Report, shedding light on the complex and ever-evolving cyber risk landscape across various industry sectors and the respective financial repercussions companies may consequently face.

Cyber threats 100

Cyber threats Cyber Risk Retail Risk 100

Adam Levin

MARCH 26, 2020

Cyber insurance is still evolving, and as such you can still get good deals even if your cybersecurity is not completely up to snuff. At some point that will be a question that cyber insurers will think about 24/7, solutions evolving alongside challenges and underwriting calculations following close behind.

Cyber Insurance 211

Cyber Insurance Insurance Hacking Passwords 211

eSecurity Planet

JANUARY 11, 2022

Investors, business clients, and more continue to look for secure application access for remote workers , provide real-time visibility into cyberattacks, and protect data as it travels from the cloud to edge networks and end-users and back. Privafy aims to serve a valuable corner of the market – securing data-in-motion. SECURITI.ai.

Cybersecurity 142

Cybersecurity Threat Detection Artificial Intelligence Risk 142