Jane Frankland

JUNE 24, 2025

The UK Government’s refreshed Cyber Governance Code of Practice sets a clear direction with guidance, and is holding boards accountable for human cyber risk. I’m approaching this from my role with OutThink , the Cybersecurity Human Risk Management platform I proudly represent as an advisor and brand ambassador.

Cyber Risk

SecureWorld News

AUGUST 14, 2025

But according to Dragos's newly-released 2025 OT Security Financial Risk Report , produced with independent analysis from Marsh McLennan, OT remains a massive "billion-dollar blind spot" in cyber risk modeling. When BI claims are involved, average annual risk is $12.7 billion, but a worst-case "tail event" (0.4%

Risk

Trend Micro

JUNE 26, 2025

Move faster than your adversaries with powerful purpose-built XDR, cyber risk exposure management, and zero trust capabilities Learn more Extend Your Team Extend Your Team. Respond Faster. Respond Faster. Under Attack?

Security Awareness

Duo's Security Blog

AUGUST 11, 2025

The TEI calculated the overall value of Duo’s cyber risk reduction to the composite organization at $1.6 After investing to make Duo the cornerstone of their identity strategies, organizations strengthened security by closing visibility gaps and controlling who logs in from where using what devices.

Cyber Insurance

Trend Micro

JUNE 10, 2025

Move faster than your adversaries with powerful purpose-built XDR, cyber risk exposure management, and zero trust capabilities Learn more Extend Your Team Extend Your Team. Respond Faster. Respond Faster.

Cybersecurity

Security Boulevard

DECEMBER 24, 2024

Many industry regulations require or promote cybersecurity risk assessments to bolster incident response, but what is a cybersecurity risk assessment? For example, cyber risk assessments aren't only required under HIPAA (Health Insurance Portability and Accountability Act).

Risk

Security Boulevard

JANUARY 24, 2025

Are we clear on who must be involved in assessing and mitigating AI adoption cyber risks? By assessing and mitigating cyber risks, leaders can align AI adoption with organizational goals and resilience needs, reads the companion WEF article Securing innovation: A leaders guide to managing cyber risks from AI adoption.

Banking

We Live Security

AUGUST 12, 2025

Let us keep you up to date Sign up for our newsletters Ukraine Crisis newsletter Regular weekly newsletter Subscribe Related Articles Business Security Black Hat USA 2025: Is a high cyber insurance premium about your risk, or your insurer’s?

Cyber Insurance

Trend Micro

JUNE 10, 2025

Move faster than your adversaries with powerful purpose-built XDR, cyber risk exposure management, and zero trust capabilities Learn more Extend Your Team Extend Your Team. Respond Faster. Respond Faster. 6 Alerts Back Unread All Inside the criminal mind: Trend’s deep dive into cybercrime.

Cyber Risk

Centraleyes

MARCH 13, 2025

Case in Point : In 2019, First American Title Insurance Company experienced a significant data exposure incident, revealing sensitive customer documents due to a vulnerability in their document-sharing application. It emphasizes AIs dual role as a tool for both advancing cybersecurity defenses and amplifying cyber risks.

Cybersecurity

SecureWorld News

JULY 1, 2025

UnitedHealth now estimates that the February 2024 breach of its Change Healthcare subsidiary compromised data for 190 million Americans , delaying prescriptions and disrupting insurance billing nationwide. Malicious changes to chemical dosing at water plants or pressure manipulations in pipelines could trigger instant public safety crises.

Social Engineering

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.

Cybersecurity

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. During the reporting period, our collection of IAB posts increased by 16%.

Cyber Attacks

SecureWorld News

DECEMBER 27, 2024

In response, organizations will implement stronger protections, including indemnification clauses and enhanced Director & Officer (D&O) insurance, to shield CISOs from undue personal risk.

Cybersecurity

Security Boulevard

MARCH 20, 2025

ThreatLabz researchers demonstrated how DeepSeek can be manipulated to quickly generate phishing pages that mimic trusted brands.

Social Engineering

Centraleyes

APRIL 17, 2025

The Office of the Comptroller of the Currency (OCC), Federal Reserve, and Federal Deposit Insurance Corporation (FDIC) integrate COSO principles into their guidance for banking institutions. The Government Accountability Office (GAO) applies COSOs framework in its Green Book, guiding U.S.

Risk

Security Boulevard

MARCH 17, 2025

Security executives: CISOs, business information security officers (BISOs) and other security executives require accurate risk posture assessment to improve investment decisions, make decisions about insurability, meet regulatory and compliance requirements and drive organizational improvement.

Risk

Centraleyes

MAY 21, 2025

Cyber Insurance: Another Layer of Complexity With ransomware on the rise, cyber insurance premiums are spiking. Insurers are demanding risk quantificationmeaning institutions need to demonstrate they have: Incident response plans. Regular risk assessments. Vendor risk management processes.

Education

Centraleyes

JULY 13, 2025

The Cyber Risk Institute (CRI) Profile is a cybersecurity and risk management framework designed specifically for the financial services sector. Compliance begins with an Impact Tiering Questionnaire, which helps the institution determine its level of cyber risk exposure and regulatory relevance using a four-tier model.

Financial Services

SecureWorld News

MARCH 5, 2025

The impact will be felt well beyond the involved countries of Canada, USA, Mexico, and China," said Kenrick Bagnall , Founder, KONCYBER & RB-Cyber Assurance; Royal Candian Mounted Police (RCMP) Contractor/Instructor; Toronto Police Service (Cybercrime Unit) (Ret.). " These tariffs will create real cyber risks.

Cyber Risk

Schneier on Security

JULY 1, 2021

Here’s one more contribution to that issue: a research paper that the insurance industry is hurting more than it’s helping. Although it is a societal problem, cyber insurers have received considerable criticism for facilitating ransom payments to cybercriminals.

Insurance

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

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

We Live Security

JULY 31, 2024

Many smaller organizations are turning to cyber risk insurance, both to protect against the cost of a cyber incident and to use the extensive post-incident services that insurers provide

Cyber Risk

The Last Watchdog

JULY 13, 2023

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. Yet, boardroom focus on cyber risk appears to be diminishing. trillion by 2025, a 300% increase since 2015 1.

Cyber Risk

The Last Watchdog

JULY 27, 2023

New York, NY, July 27, 2023 – QBE North America today announced the launch of a cyber insurance program with new MGA, Converge, acting as program administrator. The program will be broken down into two separate distribution structures, each with a distinct revenue focus and cyber security data access formation.

Cyber Insurance

Schneier on Security

FEBRUARY 13, 2019

Zurich Insurance has refused to pay Mondelez International's claim of $100 million in damages from NotPetya. Those turning to cyber insurance to manage their exposure presently face significant uncertainties about its promise. Yet no cyber insurance policies cover this entire spectrum. Mondelez is suing.

Cyber Insurance

SecureWorld News

NOVEMBER 3, 2023

Cyber liability and crime insurance are like a safety net for businesses, but they're not perfect. Third, cyber risks are constantly evolving, and insurance companies may not be able to keep up. New threats are emerging all the time, and it can take time for insurance companies to update their policies.

Insurance

Joseph Steinberg

JUNE 15, 2021

.” Of course, even organizations that spend a billion dollars per year on cybersecurity are not immune to breaches – which is why financial institutions also utilize other cyber-risk management techniques, including implementing robust disaster recovery plans, and obtaining appropriate cyber-liability insurance.

Cybersecurity

Security Boulevard

JULY 24, 2024

Taking a risk-based approach to cyber risk and quantifying cyber risk empowers businesses to truly focus on mitigating the risks that really matter. The post Cyber Insurance Market Evolves as Threat Landscape Changes appeared first on Security Boulevard.

Cyber Insurance

SecureWorld News

MAY 1, 2024

Department of the Treasury's Federal Insurance Office (FIO) announced a major new initiative this week to improve the insurance industry's capabilities around modeling and underwriting terrorism and catastrophic cyber risks.

Cyber Risk

CyberSecurity Insiders

SEPTEMBER 13, 2022

Chief Financial Officers aka CFOs are ignoring billions of dollars loss incurred through cyber risks and threats, says a survey. So, as to understand the investment strategies, expenditure and risks involved in evading budget allotment to cyber incidents. So, how CFOs should respond to such situations?

Cyber Risk

CSO Magazine

DECEMBER 1, 2021

Cyber insurance definition. Cyber insurance, also referred to as cyber risk insurance or cyber liability insurance coverage (CLIC), is a policy with an insurance carrier to mitigate risk exposure by offsetting costs involved with damages and recovery after a cyber-related security breach or similar event.

Cyber Insurance

CSO Magazine

DECEMBER 1, 2021

Cyber insurance definition. Cyber insurance, also referred to as cyber risk insurance or cyber liability insurance coverage (CLIC), is a policy with an insurance carrier to mitigate risk exposure by offsetting costs involved with damages and recovery after a cyber-related security breach or similar event.

Cyber Insurance

SecureWorld News

JANUARY 11, 2024

In this digital battlefield, cyber insurance has emerged as a crucial shield, offering financial protection against data breaches, ransomware attacks, and other cyber incidents. This puts a strain on insurance companies, who are forced to adjust premiums to maintain solvency.

Cyber Insurance

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. Insurers Assessing Risks.

Cyber Insurance

CSO Magazine

OCTOBER 21, 2021

Could such variations trigger changes in the cyber insurance market and, if so, how will they impact insurance carriers and organizations? Learn the 7 keys to better risk assessment. | Get the latest from CSO by signing up for our newsletters. ]. Shifting ransomware priorities impacting claim costs.

Cyber Insurance