The Security Ledger

OCTOBER 23, 2018

In this episode of the podcast (#117), we go deep on one of the hottest sectors around: cyber insurance. In the first segment, we talk with Thomas Harvey of the firm RMS about the problem of “silent cyber” risk to insurers and how better modeling of cyber incidents is helping to address that threat.

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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. Sticky problem.

Data breaches 153

Data breaches Healthcare Insurance Risk 153

SecureWorld News

AUGUST 18, 2020

Hackers encrypted some files. Here is Carnival Corporation's ransomware and cyber incident statement, in full: On August 15, 2020, Carnival Corporation and Carnival plc (together, the "Company," "we," "us," or "our") detected a ransomware attack that accessed and encrypted a portion of one brand’s information technology systems.

Cyber Insurance 98

Cyber Insurance Ransomware Insurance Technology 98

SecureWorld News

AUGUST 21, 2020

The University had servers encrypted but restored the systems and the access from backups. Why pay if you have restored access to your encrypted system, the way the University of Utah was able to do? It had cyber insurance: "The university’s cyber insurance policy paid part of the ransom, and the university covered the remainder.

Ransomware 97

Ransomware Cyber Insurance Insurance Backups 97

CyberSecurity Insiders

DECEMBER 18, 2022

Cyber attribution and deciphering the extent of state-level tasking is difficult, with blurred lines between state-aligned, state-involved and state-directed increasing the risk of escalation, collateral and misattribution.

Cybersecurity 125

Cybersecurity CISO Insurance Ransomware 125

Centraleyes

MARCH 13, 2025

Encryption Sensitive data must be encrypted, whether in transit or at rest. Saying it Like it Is: Encryption sounds intimidating, but with modern tools, its more accessible than ever. These include: Encryption: Encrypt sensitive data at rest and in transit to mitigate the risk of breaches.

Cybersecurity 52

Cybersecurity Financial Services Risk Encryption 52

Thales Cloud Protection & Licensing

JUNE 15, 2023

The most effective way to ensure data security is through encryption and proper key management. Key Management as a Service (KMaaS) allows companies to manage encryption keys more effectively through a cloud-based solution instead of running the service on physical, on-premises hardware.

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Encryption Data breaches Authentication Risk 133

eSecurity Planet

FEBRUARY 11, 2022

Risk management is a concept that has been around as long as companies have had assets to protect. The simplest example may be insurance. Life, health, auto, and other insurance are all designed to help a person protect against losses. Enhancing Risk Management. Advanced Encryption.

Risk 145

Risk Cybersecurity Encryption Technology 145

IT Security Guru

JUNE 17, 2024

Data Breach and Privacy Concerns Most ransomware attacks often involve data theft before encrypting the victim’s data. This dual-threat approach means businesses risk losing access to their data, while simultaneously potentially facing a data breach. Some insurers are scaling back their coverage of ransomware or increasing premiums.

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Ransomware Insurance Risk Backups 137

eSecurity Planet

MARCH 17, 2023

Managed Detection and Response Product Guide Top MDR Services and Solutions Encryption Full disk encryption, sometimes called whole disk encryption, is a data encryption approach for both hardware and software that involves encrypting all disk data, including system files and programs.

Network Security 120

Network Security Penetration Testing Firewall Antivirus 120

Security Boulevard

FEBRUARY 8, 2023

Click here to watch the roundtable and learn about the future of cyber insurance from leading experts. In partnership with Cysurance, BlastWave hosted a roundtable entitled “The Future of Cyber Insurance and MSP Insurability. of Morris Risk Management, John Franzino of Grid Security Inc.,

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Cyber Insurance Insurance Marketing Risk 52

Spinone

NOVEMBER 30, 2020

Cybersecurity risk is a negative outcome that an organization may endure in the event of a cyber incident occurrence in its digital ecosystem. Another common understanding of this term is the probability of a cyber incident happening in an information system. For example, the encryption of data stored on a cloud drive.

Risk 52

Risk Cybersecurity Cyber Risk Encryption 52

eSecurity Planet

JANUARY 12, 2021

Encryption strength. Cybersecurity preparedness/ insurance. With security risk assessments, the cybersecurity professionals within an organization can clearly see the efficiency of the organization’s controls, determine risk factors, come up with detailed plans and solutions, detect vulnerabilities and offer options to alleviate them.

Risk 70

Risk Penetration Testing Cyber Risk Cyber Attacks 70

SiteLock

AUGUST 27, 2021

Either way, now your databases haves been encrypted by attackers. That leads us to the next costly cyber risk to your business – unplanned downtime. The costs of remediation and recovery are more than many businesses can afford, and standard business liability insurance policies don’t fully cover cybercrimes.

Data breaches 98

Data breaches DDOS Ransomware Marketing 98

Centraleyes

SEPTEMBER 1, 2024

They emphasize regulatory risks and compliance requirements. Cyber Risk Register Template Cyber risk templates, or information security risk register templates focus on managing risks related to information security and cyber threats, helping organizations protect digital assets and respond effectively to incidents.

Risk 52

Risk Cyber Risk DDOS Data breaches 52

Centraleyes

JANUARY 18, 2024

Use customized third-party risk assessment questionnaires to evaluate potential vendors. Data Security and Privacy: Assess data security measures (encryption, access controls). Mitigating Third-Party Risk: Mitigating third-party risk involves proactive steps to prevent, minimize, or transfer risks.

Risk 52

Risk Insurance Technology Cyber Risk 52

eSecurity Planet

AUGUST 27, 2021

BitSight is a Leader in the Forrester Wave report for Cybersecurity Risk Rating Platforms in 2021. Black Kite Cyber Risk Rating System. Encryption pioneer RSA Security’s products include their integrated risk management solution known as Archer. RSA Archer Insight. 5 stars with 66 ratings.

Risk 130

Risk Marketing Software Cybersecurity 130

CyberSecurity Insiders

APRIL 17, 2023

Ransomware is an attack where hackers encrypt files on a company’s network and demand payment to restore access. Before signing a company-wide phone contract, for example, look for business phone services that come with features such as enhanced cyber protection and cyberattack insurance.

Network Security 91

Network Security Workplace Security Firewall Phishing 91

Digital Shadows

NOVEMBER 26, 2024

Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance. Additionally, securing internal documents with encrypted storage and using safe file-sharing platforms is crucial, especially when sharing externally.

Cyber Attacks 59

Cyber Attacks Phishing Ransomware Cyber Insurance 59

Pen Test

OCTOBER 10, 2023

A particularly insidious new trend is the rise of "double extortion" attacks, in which cybercriminals not only encrypt an organization's data but also threaten to publicly release sensitive stolen information if the ransom is not paid. CryptoLocker, in 2013, pioneered the use of strong encryption algorithms. Seek adequate coverage.

Ransomware 52

Ransomware Backups Insurance Cyber Insurance 52

The Security Ledger

NOVEMBER 6, 2018

» Related Stories Podcast Episode 117: Insurance Industry Confronts Silent Cyber Risk, Converged Threats Spotlight Podcast: At 15 Cybersecurity Awareness Month Grows with Cyber Risk Spotlight Podcast: 15 Years Later Is Cybersecurity Awareness Month Working? Read the whole entry. »

IoT 40

IoT Computers and Electronics Internet Internet 40

Spinone

DECEMBER 27, 2018

In this article we will explore how to anticipate the unexpected emerging cyber risks and establish proactive cyber-resilience for effective IT operations and business continuity. If so, is it encrypted and who holds the keys? The Cloud is changing, and cloud security solutions must evolve to keep the pace.

Risk 60

Risk Cyber Risk Technology Marketing 60

Spinone

DECEMBER 26, 2018

It is vital for any enterprise landscape to ensure viable, open, and reliable corporate communications – fostering innovation and economic prosperity, with respect to safeguarding against disruption and serious cyber risk perception. What are the benefits of cyber security awareness trainings?

Security Awareness 40

Security Awareness Risk Cyber threats Cyber Risk 40

Centraleyes

NOVEMBER 5, 2023

HIPAA, or the Health Insurance Portability and Accountability Act of 1996, is a federal law, whereas HITRUST is a comprehensive control framework. ” HIPAA: An Overview HIPAA, short for the Health Insurance Portability and Accountability Act, is a pivotal U.S. Access data-rich insights and reporting tools.

Healthcare 52

Healthcare Risk Insurance Penetration Testing 52

Centraleyes

APRIL 15, 2024

Cost-Benefit Calculations in Zero Trust Improved Compliance Improve organizational compliance by reducing risk exposure. Zero trust audits require organizations to implement strong authentication, authorization, and encryption mechanisms. Better Rates in Cyber Insurance Cyber liability insurance costs depend on your cyber risks.

Architecture 52

Architecture Authentication Risk Insurance 52

eSecurity Planet

APRIL 26, 2022

Company Sector Year Status Vicarius Vulnerability management 2022 Private Dragos ICS and OT security 2021 Private Safeguard Cyber Risk management 2021 Private CyberGRX Risk management 2019 Private Signifyd Fraud protection 2018 Private RedOwl Security analytics 2015 Acquired: Forcepoint. AllegisCyber Investments. NightDragon.

Cybersecurity 128

Cybersecurity Technology Marketing Healthcare 128

Security Boulevard

MAY 17, 2023

His name is Omar Masri and he's a software engineer and also the founder and CEO of Mamari.io, which helps businesses overcome the cost and complexities of cybersecurity, preventing attacks while meeting compliance and cyber insurance requirements. You got hacked, you’re sort of just paid, your insurance covered it.

Hacking 52

Hacking Insurance Small Business Cybersecurity 52

Security Boulevard

DECEMBER 6, 2024

According to NBC News, Greene also recommended that Americans use encrypted messaging apps to protect themselves from Salt Typhoon. Thats according to Corvus Insurances Q3 2024 Cyber Threat Report , which said many of the ransomware attacks in Q3 leveraged outdated VPN software and poorly protected VPN gateways.

Cybersecurity 64

Cybersecurity Ransomware VPN Software 64

Digital Shadows

NOVEMBER 26, 2024

Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance. Additionally, securing internal documents with encrypted storage and using safe file-sharing platforms is crucial, especially when sharing externally.

Cyber Attacks 52

Cyber Attacks Phishing Ransomware Cyber Insurance 52

eSecurity Planet

JANUARY 11, 2022

GitGuardian is a developer favorite offering a secrets detection solution that scans source code to detect certificates, passwords, API keys, encryption keys, and more. Evervault is on a mission to make encrypting sensitive data seamless with its security toolkit for developers. Cowbell Cyber. Ubiq Security.

Cybersecurity 142

Cybersecurity Threat Detection Artificial Intelligence Encryption 142

Schneier on Security

FEBRUARY 28, 2024

In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after the devastating NotPetya cyberattack in 2017. The 9/11 attacks cost insurers and reinsurers $47 billion. 11, 2001, terrorist attacks.

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Cyber Insurance Insurance Government Cyber Risk 305

Cisco Security

MARCH 22, 2022

But according to Anne Neuberger, the White House’s Deputy National Security Adviser for Cyber and Emerging Technology, this warning is “based on evolving threat intelligence, that the Russian government is exploring options for potential cyberattacks on critical infrastructure in the United States.”. Cyber insurance is not the answer!

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Cyber Insurance Authentication Insurance Cyber Risk 96

SecureWorld News

DECEMBER 27, 2024

Kip Boyle, vCISO, Cyber Risk Opportunities LLC: The Challenge of Cultivating Buy-in from Leadership and Employees "Cybersecurity professionals will continue to face a critical challenge: cultivating genuine buy-in from both senior leaders and employees.

Cybersecurity 122

Cybersecurity Risk CISO Government 122

SecureWorld News

MARCH 5, 2025

Additionally, China dominates the supply of rare-earth minerals used in semiconductors, networking equipment, and encryption hardware. The domains of cybersecurity, cybercrime investigations, and cyber insurance will all be impacted. These tariffs will create real cyber risks. and other countries. "It

Cyber Risk 115

Cyber Risk Risk Cyber Insurance Small Business 115

Jane Frankland

JANUARY 12, 2025

In this blog, I’m exploring these changes, grouped under key categories that I’ve used in previous years, to help business leaders and cyber risk owners better prepare for the evolving landscape. Cyber Insurance Cyber insurance will become an essential component of risk management strategies.

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Cybersecurity CISO Insurance IoT 130

Krebs on Security

MARCH 4, 2022

But if you have information about their cyber insurance and maybe they have a lot of money in their account, I need a bank payout, then I can bargain. For now, take a look at the documents and see if there is insurance and bank statements.” “They are insured for cyber risks, so what are we waiting for?

Ransomware 246

Ransomware Insurance Cyber Insurance Accountability 246

Adam Levin

MARCH 2, 2020

While the sophistication and methods of attack may vary, the short answer is that ransomware is a type of malware that encrypts critical data on a computer or computer network so that users can’t regain access without paying a “ransom.” In effect, ransomware is the weaponization of a cyber-protection protocol.

Cyber threats 215

Cyber threats Ransomware Encryption Insurance 215