CyberSecurity Insiders

FEBRUARY 3, 2023

NOTE 1- The Guardian’s UK branch was the first to get targeted in the attack on December 20th,2022 and it was of ransomware variant. Therefore, the collaboration is said to use artificial intelligence to better detect network intrusions in an automated way that will improve cyber risk management of critical infra such as power utilities.

Cyber Attacks 117

Cyber Attacks Artificial Intelligence Identity Theft Cyber Risk 117

Spinone

DECEMBER 20, 2018

Today, organizations are placing more data as well as infrastructure in the public cloud. Public cloud has made it possible for organizations to be much more efficient, agile, and to integrate new technologies much more quickly. How can organizations reduce, prevent, and even avoid data breaches in the cloud?

Data breaches 58

Data breaches Encryption Backups Accountability 58

CyberSecurity Insiders

DECEMBER 6, 2021

Like years past, 2021 revealed more of the same for the cybersecurity industry—more breaches, bigger ransomware attacks, higher stakes. Another respondent said, “CEOs need to know that security is not an IT issue or a technology issue, but a business issue affecting all aspects of the company.”. Be ready for ransomware.

Cybersecurity 105

Cybersecurity Ransomware Security Awareness Technology 105

BH Consulting

MARCH 21, 2024

Creeping cyber risk grabbing global headlines Ransomware keeps reminding us of the strong connection between a cybersecurity incident and financial loss. CNN reports that ransomware victims in the US healthcare sector say they’re “haemorrhaging money”, as disruption affects their daily operations.

Cyber threats 69

Cyber threats Ransomware Healthcare Risk 69

eSecurity Planet

MAY 27, 2021

The explosion of ransomware and similar cyber incidents along with rising associated costs is convincing a growing number of insurance companies to raise the premiums on their cyber insurance policies or reduce coverage, moves that could further squeeze organizations under siege from hackers. In addition, the U.S.

Cyber Insurance 128

Cyber Insurance Insurance Cyber Attacks Ransomware 128

Thales Cloud Protection & Licensing

MAY 10, 2022

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. It also covers legal claims resulting from the breach.

Cyber Insurance 77

Cyber Insurance Insurance Cyber Risk Authentication 77

eSecurity Planet

APRIL 22, 2022

Cyberattacks are not only a technological problem for companies, but they also represent a very real financial threat. That’s where cyber insurance may be able to help. According to the Ponemon Institute and IBM, the global average cost of a data breach is $4.24 Ransomware Drives Up Costs, Lowers Coverage.

Cyber Insurance 119

Cyber Insurance Insurance Marketing Small Business 119

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

Approachable Cyber Threats

JULY 31, 2023

Technology will help keep this process flowing smoothly and rapidly with a requirement for inline XBRL formatting to enable automated monitoring of reported content as well (more on this later). and then repeat that process for the many other risks that could lower the value of your investment. of gross profit (if GP > $100 mil) 1.84

Cybersecurity 98

Cybersecurity Risk Cyber Risk Data breaches 98

SC Magazine

MAY 24, 2021

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.

Cyber Insurance 94

Cyber Insurance Insurance Marketing Cyber Risk 94

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. At NetSPI, our goal is to equip our clients to maintain the security of their systems and avoid potential breaches.

Healthcare 94

Healthcare Manufacturing Cyber Risk Cybersecurity 94

Security Boulevard

NOVEMBER 24, 2023

Denial of service attacks were once popular but were superseded by data breaches, which cause much more damage. Recently, attackers expanded their repertoire to include ransomware-style attacks that increased the insurable losses ever higher. The current army of insurance actuaries has not delivered, but there is hope.

Insurance 72

Insurance Risk Cyber Insurance Cybersecurity 72

BH Consulting

JUNE 22, 2021

Also known as cyber risk insurance, it’s now a prerequisite in some public sector tenders. You could argue cybersecurity insurance is useful because it makes people think of business risk, not just IT problems. Ultimate responsibility for data breaches rests with the board and the CEO.

Insurance 83

Insurance Cybersecurity Cyber Insurance Cyber Risk 83

SecureWorld News

DECEMBER 6, 2023

500 million in funding for healthcare information technology: This funding will support the acquisition of cybersecurity tools, training, and IT modernization. Governor Hochul recently announced New York's first-ever statewide cybersecurity strategy aimed at protecting the State's digital infrastructure from today's cyber threats.

Cyber Attacks 84

Cyber Attacks Healthcare Computers and Electronics Financial Services 84

CyberSecurity Insiders

OCTOBER 7, 2021

It’s essential to distinguish that Zero Trust is not a technology and a holistic approach to network security. Automated technology is a necessary tool for obtaining access, scanning and assessing threats, adapting to behavior changes, and continually re-evaluating confidence in communications. The Zero Trust journey.

Architecture 134

Architecture Authentication Digital transformation Mobile 134

Approachable Cyber Threats

JULY 31, 2023

Technology will help keep this process flowing smoothly and rapidly with a requirement for inline XBRL formatting to enable automated monitoring of reported content as well (more on this later). and then repeat that process for the many other risks that could lower the value of your investment. of gross profit (if GP > $100 mil) 1.84

Cybersecurity 52

Cybersecurity Risk Cyber Risk Data breaches 52

CyberSecurity Insiders

DECEMBER 7, 2021

In fact, “the number of publicly reported data compromises in the U.S. ” Data Breaches Are on Pace to Break a New Record High in 2021 | Money Please see my article in FORBES for more of 2021’s alarming cybersecurity statistics. Ransomware. Ransomware is not new, and it has been around for decades.A

Cybersecurity 78

Cybersecurity IoT Artificial Intelligence Cyber threats 78

SC Magazine

APRIL 14, 2021

Country-level guidelines are frequently absent or insufficient, and as a result, companies must ethically defend themselves, initiate vulnerability management programs, and decide whether to pay in ransomware attacks. Since the end of 2020, we have witnessed the increasing prevalence of coercion through technology.

Government 107

Government Risk Information Security InfoSec 107

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. Lessons hard learned from a ransomware infection.

Cybersecurity 59

Cybersecurity Insurance Scams Cyber Risk 59

The Last Watchdog

MAY 2, 2019

Small and midsize businesses — so-called SMBs — face an acute risk of sustaining a crippling cyberattack. This appears to be even more true today than it was when I began writing about business cyber risks at USA TODAY more than a decade ago. So far in 2019, we’re seeing another shift back to ransomware, Gill told me.

Risk 182

Risk Cyber Risk Cyber threats Banking 182

SC Magazine

MAY 28, 2021

Some saw this as a typical ransomware attack, albeit on a vulnerable target. No, this was not an infection of the operational technology for Colonial Pipeline… but a shutdown resulted nonetheless. The threat or ransomware hit home with Colonial Pipeline, potentially forcing a more holistic response.

Insurance 117

Insurance Government Ransomware Risk 117

Spinone

NOVEMBER 22, 2018

We covered the cybersecurity landscape including the most high-profile cyber crime statistics: number of attacks, crime targets, cybersecurity spendings, and cyber risk management. As technology advances, the global society becomes digitized and people use Internet and mobile devices more frequently.

Cybersecurity 73

Cybersecurity Cyber Risk Marketing Risk 73

Thales Cloud Protection & Licensing

JUNE 26, 2023

Besides these threats, SMBs face increasing cyber risks as they rely on digital technology and services to innovate and gain an advantage in a competitive market. According to the World Economic Forum 2023 Global Risks Report, cybercrime and cyber insecurity are among the top 10 short- and long-term global risks.

Small Business 62

Small Business Encryption Risk Accountability 62

IT Security Guru

DECEMBER 1, 2022

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.

Cyber threats 111

Cyber threats Cybersecurity Education Risk 111

BH Consulting

NOVEMBER 22, 2023

Rising attacks against critical infrastructure Data Breach Today reported that cyberattacks against Ukrainian critical infrastructure have intensified during 2023. “In It misused operational technology to make changes in the operating environment. He gave the example of the ransomware attack on Colonial Pipeline in 2021.

Cybercrime 64

Cybercrime Technology Cybersecurity Engineering 64

Herjavec Group

DECEMBER 15, 2021

Data breaches and cybersecurity threats were at an all-time high this past year. The Rise of Ransomware. 2021 saw some of the most damaging ransomware breaches in recent history. While it’s certainly not new, ransomware has seen a steep increase in frequency and sophistication this past year.

Cybersecurity 52

Cybersecurity Digital transformation Ransomware Cyber Risk 52

Spinone

OCTOBER 27, 2020

IBM’s “ 2019 Cost of a Data Breach Report ” details the costs that come from a data breach as a result of various cybersecurity risks. million Healthcare organizations for the 9th year in a row had the highest costs associated with data breaches – $6.45 Yes, they are.

Risk 52

Risk Cybersecurity Penetration Testing Data breaches 52

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

Joseph Steinberg

JULY 8, 2021

Ironically, while many larger enterprises purchase insurance to protect themselves against catastrophic levels of hacker-inflicted damages, smaller businesses – whose cyber-risks are far greater than those of their larger counterparts – rarely have adequate (or even any) coverage.

Insurance 363

Insurance Cyber Insurance Cybersecurity Small Business 363

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

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

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 128

Cyber Risk Insurance Cyber Attacks Risk 128

SC Magazine

FEBRUARY 8, 2021

Over the last few years, Brozek said, “the awareness has grown, as more people, and not just corporations are feeling the effects and consequences” of stolen medical data stolen and credit card details – and worse. billion in premium. What might that include?

Insurance 126

Insurance Cyber Insurance Cybersecurity Government 126

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

Thales Cloud Protection & Licensing

JANUARY 4, 2023

As geopolitical tensions persist and economic instability looms, organizations should get ready for a rise in cyber risks. How will technology firms react to inflationary pressures in 2023 with regard to corporate spending? Ransomware will target connected and electric vehicles. Thu, 01/05/2023 - 05:52.

Cybersecurity 87

Cybersecurity Risk Ransomware Marketing 87

BH Consulting

OCTOBER 28, 2021

Sharing good security practices and raising awareness of the risks is a bit like coaching young footballers: when they’re confident in their ability, they learn to stay composed, resist the opponent’s pressure, and put their foot on the ball before choosing the right pass and escaping the danger. Clarity begins at home.

Scams 59

Scams Cybersecurity Data breaches Phishing 59

CyberSecurity Insiders

MARCH 23, 2022

In fact, the global volume of ransomware attacks increased by 151% in just the first six months of 2021, with the average cost of a breach recorded at US $3.6 In a recent attack on Nvidia, threat actors demanded product updates and open sourcing – a stark contrast from traditional monetary demands by ransomware groups.

Cyber Risk 119

Cyber Risk Risk Technology Phishing 119