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News alert: Beazley reports on how AI, new tech distract businesses as cyber risk intensifies

The Last Watchdog

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. The economic impact of cybercrime on business across the globe continues to reach new levels, with the cost predicted to reach US$10.5

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How MSPs Help Small Businesses with Essential Cyber Insurance Cover

Duo's Security Blog

It will be unsurprising that because of this demand, insurers are particularly careful how they build their policies to minimize their risk from large cyber events. This is especially true if the company looking for cover hasn’t taken adequate enough steps to minimize cyber risks itself.

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7 Insights About Managing Cyber Risk You Can’t Afford To Miss

Jane Frankland

trillion in global value will be at risk from cyberattacks. That’s businesses that believe they’ve invested enough in cybersecurity (but haven’t) and/or are overconfident and think they won’t be targeted (but are). Last year, according to Verizon, 43% of cyberattacks targeted small businesses. billion by 2022. INSIGHT #2.

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News Alert: QBE North America launches new cyber insurance program with Converge

The Last Watchdog

•ConvergeElements™ offers primary and excess cyber coverage through select agents and brokers for companies with up to $100 million in revenue. ConvergeConnect™ offers primary cyber coverage through prequalified technology provider partnerships for companies with up to $750 million in revenue.

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As Cyber Attacks Mount, Small Businesses seek Authentication Fix

The Security Ledger

The post As Cyber Attacks Mount, Small Businesses seek Authentication. » Related Stories Opinion: AI and Machine Learning will power both Cyber Offense and Defense in 2020 Passwordless? A LastPass survey of IT leaders has some valuable clues. Read the whole entry. »

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Spotlight: Your IoT Risk Is Bigger Than You Think. (And What To Do About It.)

The Security Ledger

Curtis and I discuss the growing cyber risks posed by Internet of Things devices within enterprise networks. IoT and OT (operation technology) deployments are growing and pose challenges to organizations that are still. Curtis and I discuss the growing cyber risks posed by Internet of Things devices within enterprise networks.

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GUEST ESSAY: How ‘DPIAs” — data privacy impact assessments — can lead SMBs to compliance

The Last Watchdog

It’s often difficult for small businesses to invest significantly in data privacy compliance or security measures because they don’t have large budgets. In fact, many SMBs have to choose between investing in new technology and making payroll. DPIA starting point.