SC Magazine

APRIL 19, 2021

AIG is one of the top cyber insurance companies in the U.S. Today’s columnist, Erin Kennealy of Guidewire Software, offers ways for security pros, the insurance industry and government regulators to come together so insurance companies can continue to offer insurance for ransomware.

Insurance 113

Insurance Cyber Insurance Ransomware InfoSec 113

eSecurity Planet

APRIL 22, 2022

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 And costs can be much higher for some industries and geographic locations (including the United States). Cyber Insurance is Booming. million and climbing.

Cyber Insurance 119

Cyber Insurance Insurance Marketing Small Business 119

SC Magazine

FEBRUARY 8, 2021

Every time a driver buckles up or an airbag is deployed we see the powerful influence of the insurance companies who insisted those measures become mandatory. Now, those insurers are poised to drive cybersecurity investment by insisting that organizations meet certain criteria to qualify for coverage. A maturing model.

Insurance 126

Insurance Cyber Insurance Cybersecurity Government 126

SC Magazine

JULY 13, 2021

Unauthorized access or disclosure accounted for another 22%, and the remaining 5% were caused by smaller thefts, losses, or improper disposals. Lastly, the report warns entities not to rely on cyber insurance as the rates have skyrocketed in response to the rise in ransomware attacks.

Data breaches 113

Data breaches Insurance Healthcare Education 113

SiteLock

AUGUST 27, 2021

Whether it’s rent, payroll, or something else, there’s one potentially huge cost many business owners don’t factor in until they’re facing it – the cost of recovering from a cyberattack. The problem is so severe and widespread that Cybersecurity Ventures projects that cyberattacks will cost organizations worldwide $6 trillion by 2021.

Data breaches 98

Data breaches DDOS Ransomware Marketing 98

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 363

Insurance Cyber Insurance Cybersecurity Small Business 363

Jane Frankland

DECEMBER 7, 2023

Cybersecurity can often feel like a game of cat and mouse where cyber attackers and defenders engage in a chase, with one party trying to outsmart the other. Just like in previous years, 2024 is set to test practitioners’ skills as the frequency of cyber threats continues to surge leaving no room for complacency.

Cybersecurity 130

Cybersecurity Cyber threats Insurance Artificial Intelligence 130