Security Boulevard

JANUARY 9, 2023

Cybersecurity budgets under pressure…regulators tightening risk disclosure rules.breakdown in the cyber insurance market. As 2022 ended, a series of trends lined up that will set the agenda in 2023 for cyber risk and security leaders.

Cyber Risk 52

Cyber Risk Risk Cyber Insurance Insurance 52

The Last Watchdog

NOVEMBER 28, 2023

According to the Gartner Digital Markets 2023 Global Software Buying Trends report, “42% of buyers say security is the most important factor when planning investment in new software.” Media contract: For press inquiries, please contact marketing@appdirect.com.

Cyber Risk 113

Cyber Risk Risk B2B Social Engineering 113

SC Magazine

MAY 19, 2021

Some claim these platforms are not ready for the open market. The post How do cyber risk ratings need to evolve? Security ratings are often a controversial topic for businesses. So how should the cybersecurity community view these offerings? appeared first on SC Media.

Cyber Risk 63

Cyber Risk Risk Media Marketing 63

The Last Watchdog

MAY 7, 2024

SAN FRANCISCO – The already simmering MSSP global market just got hotter. Notably, the research suggests that while companies do understand that new computing innovation increases risk dramatically, organizations are willing to accept the risk because of the benefits the innovation brings. I’ll keep watch and keep reporting.

Marketing 130

Marketing Cyber Risk Risk Cybersecurity 130

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. billion in damages – that it caused a broader reevaluation of cyber risk by the industry.

Cyber Insurance 94

Cyber Insurance Insurance Marketing Cyber Risk 94

Duo's Security Blog

JUNE 9, 2022

So, on a recent webinar , I sat down with Darren Thomson, Head of Cyber Intelligence Services at CyberCube , a firm that provides data-driven cyber risk analytics for the insurance industry. So, what is the chief contributor to this hard market from a cybersecurity and threat landscape perspective?

Insurance 85

Insurance Marketing CISO Cyber Insurance 85

The Hacker News

FEBRUARY 5, 2024

A significant challenge within cyber security at present is that there are a lot of risk management platforms available in the market, but only some deal with cyber risks in a very good way. The issue being that by using a reactive, rather than proactive approach, many risks

Risk 81

Risk Cyber Risk Marketing 81

Schneier on Security

JULY 1, 2021

To overcome these challenges and champion the positive effects of cyber insurance, this paper calls for a series of interventions from government and industry. Some in the industry favour allowing the market to mature on its own, but it will not be possible to rely on changing market forces alone. News article.

Insurance 285

Insurance Cyber Insurance Ransomware Marketing 285

The Last Watchdog

JULY 27, 2023

Converge’s proprietary technology platform allows it to ingest and collate data from applications, external system scans, underwriting and claims workspaces, insured/broker portals, analytics workspaces, and other specialized data sources to underwrite cyber risks more swiftly and effectively.

Cyber Insurance 188

Cyber Insurance Insurance Cyber Risk Small Business 188

The Security Ledger

MARCH 26, 2020

In this episode of the podcast (#179), CISO Kayne McGlandry of IEEE joins us to talk about the cyber risks posed by COVID and why COVID-themed phishing emails shouldn’t be your only concern. Also: SMBs Struggle with Identity Spotlight Podcast: How DU Telecom Manages Digital Transformation Risk. Read the whole entry. »

Cyber Risk 52

Cyber Risk CISO Risk Digital transformation 52

Schneier on Security

FEBRUARY 13, 2019

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. it does not explicitly pertain to all manifestations of cyber perils, or it explicitly excludes some). Mondelez is suing.

Cyber Insurance 209

Cyber Insurance Insurance Cyber Risk Risk 209

The Security Ledger

AUGUST 20, 2019

Related Stories Episode 155: Disinformation is a Cyber Weapon and APTs warm to Mobile Malware Podcast Episode 117: Insurance Industry Confronts Silent Cyber Risk, Converged Threats NotPetya Horror Story Highlights Need for Holistic Security. We talk to Bruce McDonnell of the East West Institute about how insurers are responding.

Insurance 40

Insurance Cyber Risk Risk Cyber Insurance 40

Dark Reading

MARCH 15, 2022

Led by Anthemis Group, funding fuels investment in go-to-market expansion, closed-loop risk management, and risk-bearing capabilities.

Cyber Risk 57

Cyber Risk Risk Marketing 57

SC Magazine

MAY 19, 2021

.” While ultimately driven by the bottom line, he still believed the approach to be “good for businesses as, through the insurance process, they will gain better visibility into their cyber risks and measures they can deploy to keep digital operations secure and compliant to data privacy regulations.”.

Cyber Insurance 102

Cyber Insurance Insurance Marketing Ransomware 102

The Last Watchdog

JULY 11, 2023

Oz Alashe MBE, CEO of CybSafe, said: “At CybSafe, we are on a mission to provide organizations with the knowledge, skills and data to make informed decisions about their human cyber risk. This award serves as recognition of the importance of the human element in cybersecurity. We are developing intelligent software to help them.”

Cyber Risk 178

Cyber Risk Cyber threats Risk Technology 178

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 130

Cyber Insurance Insurance CSO Cyber Risk 130

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 126

Cyber Insurance Insurance CSO Cyber Risk 126

The Last Watchdog

DECEMBER 14, 2023

Last Watchdog posed two questions: •What should be my biggest takeaway from 2023, with respect to mitigating cyber risks at my organization? In the next year, we will see a strong market push for tighter integration and preference for platforms that address multiple use cases vs. point solutions. Educate your workforce.

Cybersecurity 234

Cybersecurity Marketing Encryption CISO 234

IT Security Guru

FEBRUARY 28, 2023

Their loss ratios – total claims plus the insurer’s costs, divided by total premiums earned – are now consistently above 60%, which presents something of an existential threat to the insurance industry, making cyber risk a potentially uninsurable area due to falling profitability.

Cyber Insurance 114

Cyber Insurance Insurance Marketing Cyber Risk 114

CyberSecurity Insiders

DECEMBER 11, 2021

As a result, a new generation of insurance startups has arisen over the past five years to rethink how cyber risk is underwritten, infusing security expertise into the insurance product. We are excited to work with Cloudflare to address our customers’ cybersecurity needs and help reduce their cyber risk. in the U.S.

Cyber Insurance 52

Cyber Insurance Insurance Cyber Risk Risk 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

The Last Watchdog

JUNE 2, 2022

Cyber risks profiling. CyberGRX’s global cyber risk Exchange caught on quickly. The exchange has proven to be a perfect mechanism for fleshing out much richer cyber risk profiles of third-party vendors. Stapleton characterizes this as “cyber risk intelligence” profiling.

Cyber Risk 266

Cyber Risk Risk Digital transformation Insurance 266

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 109

Cyber Insurance Insurance CSO Cyber Risk 109

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 133

Cyber Insurance Insurance Ransomware CSO 133

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. However, just as the threats evolve, so too does the cost of protection, with the global cyber insurance market projected to balloon to a staggering $90.

Cyber Insurance 105

Cyber Insurance Insurance Cyber Risk Data breaches 105

SecureWorld News

JULY 27, 2023

Through helping to ensure that companies disclose material cybersecurity information, today's rules will benefit investors, companies, and the markets connecting them.” The Commission prudently rejected calls for mandated cyber risk quantification. and even 6 months later is still -3.0% under the NASDAQ.

Cybersecurity 81

Cybersecurity CISO Cyber Risk Risk 81

CyberSecurity Insiders

MARCH 30, 2023

Seasoned CISOs/CSOs understand the importance of effectively communicating cyber risk and the need for investment in cybersecurity defense to the board of directors. A comprehensive approach encompasses aligning with business objectives, identifying key cyber risks, and setting priorities for investment.

Cybersecurity 119

Cybersecurity Cyber Risk CISO Risk 119

Security Boulevard

MAY 3, 2024

But, SMBs need security leaders to guide them through the maze of cyber risk and craft practical strategies that align with their unique ever-evolving business objectives. They often either ignore the risks or get lured into purchasing shiny tools that do not meet their overall needs. There are risks in the vCISO market.

CISO 72

CISO Cybersecurity Cyber Risk Risk 72

The Last Watchdog

FEBRUARY 8, 2024

However, until now, there was nothing in the market that addressed the unique cybersecurity and performance requirements of the media and AV worlds,” said Mat Newfield, president and chief commercial officer of Diversified. Vulnerability management.

Media 100

Media Cybersecurity Penetration Testing Cyber Risk 100

Responsible Cyber

APRIL 7, 2020

A recent Chubb SME Cyber Preparedness Survey showed that Singapore SMEs are not prepared for cyber-attacks including most of the small and medium enterprises across Asia Pacific. Nearly two-thirds (63 per cent) of respondents believe they are less exposed to cyber incidents than multinationals.

Marketing 52

Marketing Telecommunications Cyber Attacks Cyber Risk 52

SC Magazine

APRIL 23, 2021

NASDAQ displays in Times Square deliver stock market information to traders. Moody’s Cyber Risk Group has spoken with several organizations that have fallen victim to ransomware gangs over the past few years, and there is often a large discrepancy between ransomware gangs’ claims and reality. bfishadow on Flickr, CC BY 2.0

Ransomware 136

Ransomware Marketing Cyber Risk Media 136

SecureWorld News

MARCH 20, 2024

Growing challenges facing insurers and insured entities While cyber insurance plays an important role in mitigating ransomware risks, it also faces several challenges, and as the cyber insurance market matures, insurers are refining the underwriting and pricing of these policies.

Cyber Insurance 95

Cyber Insurance Insurance Ransomware Risk 95

Centraleyes

FEBRUARY 13, 2024

Enter the need for a more precise and actionable approach — Cyber Risk Quantification. This blog aims to serve as a guide to navigating the intricate terrain of cyber risk quantification, providing insights into its significance, methodologies, and the transformative impact it can have on organizational cybersecurity strategies.

Risk 52

Risk Cyber Risk Cybersecurity Penetration Testing 52

CyberSecurity Insiders

NOVEMBER 7, 2022

SIEM enables security teams to detect and respond to threats, manage incident response, and minimize risks. Over the last 20+ years, the SIEM market has procured substantial growth within the technology industry. But before we go into where the SIEM market goes from here, let’s first take a look back at how SIEM has evolved.

Marketing 116

Marketing Unstructured Data Cyber Risk Technology 116

Security Boulevard

NOVEMBER 24, 2023

First published by HelpNetSecurity  — Matthew Rosenquist Cybersecurity insurance is a rapidly growing market, swelling from approximately $13B in 2022 to an estimated $84B in 2030 (26% CAGR), but insurers are struggling with quantifying the potential risks of offering this type of insurance.

Insurance 72

Insurance Risk Cyber Insurance Cybersecurity 72

Security Affairs

MARCH 24, 2024

surfaces in the threat landscape Pokemon Company resets some users’ passwords Ukraine cyber police arrested crooks selling 100 million compromised accounts New AcidPour wiper targets Linux x86 devices.

Malware 99

Malware Cybercrime Hacking Cyber threats 99

SecureWorld News

APRIL 17, 2023

By the way, Sean Scranton will be presenting on "Covering Your Cyber Assets" at the SecureWorld Philadelphia conference on April 19-20. Can companies live without cyber insurance? that may be included as part of the cyber insurance coverage terms. Theresa Le, Chief Claims Officer, Cowbell: "Cyber insurance is highly recommended.

Cyber Insurance 100

Cyber Insurance Insurance Risk CISO 100