The Security Ledger

MAY 4, 2021

In this episode of the podcast (#213): Molly Jahn of DARPA and University of Wisconsin joins us to talk about the growing cyber risk to the Food and Agriculture sector, as industry consolidation and precision agriculture combine to increase the chances of cyber disruption of food production. Read the whole entry. »

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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.

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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

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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.

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The Last Watchdog

MAY 7, 2024

SAN FRANCISCO – The already simmering MSSP global market just got hotter. Our job at Level Blue is to manage and mitigate these risks while supporting our clients’ growth and innovation while acting as a strategic extension of your team,” Lanowitz told me For a full drill down, please give the accompanying podcast a listen.

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Centraleyes

MARCH 25, 2024

Let’s discuss an acronym reshaping the business world: Vendor Risk Management , or VRM. With supply chains extending across multiple regions and involving numerous third-party vendors, organizations face unprecedented challenges in managing vendor risks effectively. What risks are you facing?

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SecureWorld News

JANUARY 31, 2024

Cyber risk is an existential issue for companies of all sizes and in all industries. However, it also exposes companies to additional layers of risk. However, it also exposes companies to additional layers of risk. Real estate portfolios are uniquely exposed to cyber-physical damage risk?

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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.

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Centraleyes

FEBRUARY 13, 2024

Categorizing risks as high, medium, or low has been the go-to method for organizations seeking to prioritize their cybersecurity efforts. Ten Risks in a Bed Remember the nursery rhyme? Enter the need for a more precise and actionable approach — Cyber Risk Quantification. What is Cyber Risk Quantification?

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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. »

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The Last Watchdog

MAY 10, 2021

With RSA Conference 2021 technical sessions getting underway today, I sat down with Fred Kneip, CEO of CyberGRX , to hash over the notion that a lot of good could come from more systematic sharing of the risk profiles that large enterprises routinely compile with respect to their third-party contractors. Crowdsourcing risk profiles.

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Security Boulevard

OCTOBER 20, 2022

Time to Accept the Risk of Open Source? Where is the real risk? Accepting Open Source Risk. Accepting cybersecurity risk has become the norm for organizations. Artificial intelligence, machine learning, blockchain, and quantum computing reduce risk. What is the True Risk of Open-source Libraries?

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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).

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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.

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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.

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eSecurity Planet

AUGUST 27, 2021

In a developing market, third-party risk management (TPRM) software and tools could be the answer to helping organizations fill the gap. This article looks at the top third-party risk management vendors and tools and offers a look into TPRM solutions and what buyers should consider before purchasing. Aravo TPRM.

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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.

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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. But NotPetya was important for other reasons, as well.

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The Last Watchdog

JULY 11, 2023

Boston, July 7, 2023 — CybSafe, the human risk management platform, has today announced CEO Oz Alashe MBE has been named as a SecurityInfoWatch.com , Security Business and Security Technology Executive magazines’ 2023 Security Industry Innovator Award winner. We are developing intelligent software to help them.”

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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. Relying too heavily on innovative but volatile partners may introduce unnecessary risks. Use a third-party risk assessment template to facilitate this task.

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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.

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The Last Watchdog

JUNE 2, 2022

Third-Party Risk Management ( TPRM ) has been around since the mid-1990s – and has become something of an auditing nightmare. Related: A call to share risk assessments. This is because third-party risk has become a huge problem for enterprises in the digital age. Cyber risks profiling.

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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.

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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? GenAI holds immense potential to supercharge productivity, but if you forget basic security hygiene, you’re opening yourself up to significant risk. Educate your workforce.

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CyberSecurity Insiders

DECEMBER 11, 2021

(NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced it is partnering with leading cyber insurance companies to help businesses manage their risks online. We are excited to work with Cloudflare to address our customers’ cybersecurity needs and help reduce their cyber risk.

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SecureWorld News

MARCH 20, 2024

On top of this, a significant 41% of victims opted to pay the ransom, which is a difficult decision that's fraught with its own respective complexities and risks. Here, cyber insurance serves as an invaluable safety net by offering essential financial coverage and support services in the event of a ransomware attack occurring.

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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?

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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.

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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.

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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.

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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.

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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.

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Security Affairs

APRIL 22, 2022

This shift to digital technology has created a new class of digital risks that are constantly evolving and strike faster and often with more severity than traditional risks. Our reliance on digital technology and the inherited risk is a key driving factor for buying cyber risk insurance.

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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. One key aspect of successful communication is understanding the business objectives and risk appetite of the organization.

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SecureWorld News

JULY 27, 2023

According to a press release yesterday from the United States Securities and Exchange Commission (SEC), the agency has "adopted rules requiring registrants to disclose material cybersecurity incidents they experience and to disclose on an annual basis material information regarding their cybersecurity risk management, strategy, and governance.

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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.

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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.

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