eSecurity Planet

APRIL 22, 2022

That’s where cyber insurance may be able to help. For that reason, most experts now recognize that a complete cybersecurity strategy not only includes technological solutions aimed at preventing, detecting, and mitigating attacks, it should also include cyber insurance to help manage the associated financial risks. That’s a 29.1%

Cyber Insurance 95

Cyber Insurance Insurance Marketing Small Business 95

NetSpi Executives

JANUARY 8, 2024

In case you missed it, Chubb, one of the leading publicly traded property and casualty insurance companies, announced an innovative collaboration with NetSPI to strengthen client cyber-risk profiles via enhanced attack surface management and penetration testing solutions.

Cyber Insurance 64

Cyber Insurance Insurance Penetration Testing Cyber threats 64

Cytelligence

OCTOBER 18, 2023

To mitigate these risks, businesses often invest in cyber insurance. However, there is a powerful and cost-effective tool that businesses can utilize to reduce their cyber insurance costs: strong passwords. As a result, these businesses pose a lower risk, leading to lower insurance premiums. This is where CYPFER comes in.

Cyber Insurance 64

Cyber Insurance Insurance Passwords Cyber Attacks 64

Thales Cloud Protection & Licensing

MAY 26, 2023

CIAM in insurance: A unified, secure user experience with a single login madhav Fri, 05/26/2023 - 07:33 In recent years, the insurance industry has transformed from a singularly focused entity to a multi-brand or multi-service type of business. Adding value to the user experience (a top priority for 59% of insurers) 2.

Insurance 71

Insurance Digital transformation Authentication Passwords 71

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 126

Cyber Insurance Insurance Cyber Attacks Ransomware 126

SC Magazine

JUNE 28, 2021

The rise of the cyber insurance has largely failed to promote better cybersecurity practices among the industries they cover, according to a new report released Monday from British security think tank RUSI. Growing losses from ransomware attacks have…emphasized that the current reality is not sustainable for insurers either.

Cyber Insurance 136

Cyber Insurance Insurance Ransomware Marketing 136

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

Thales Cloud Protection & Licensing

MAY 10, 2022

Checklist for Getting Cyber Insurance Coverage. The necessity for cyber-insurance coverage. With cyber attacks amounting to a question of when and not if, cyber insurance becomes crucial for ensuring business continuity and mitigating the business impact of attacks – should they occur. Tue, 05/10/2022 - 05:43.

Cyber Insurance 77

Cyber Insurance Insurance Cyber Risk Authentication 77

Hot for Security

FEBRUARY 24, 2021

The New York Department of Financial Services (NYDFS) has issued an alert to instant-quote websites, particularly car insurers, warning of a growing campaign to steal nonpublic information (NPI). On the Auto Quote Websites, the criminals entered valid name, any date of birth and any address information into the required fields.

Financial Services 122

Financial Services Insurance Cybercrime Hacking 122

Malwarebytes

APRIL 27, 2022

You’ve likely only seen cybercrime insurance primarily mentioned in relation to attacks on businesses. Some folks think the mere presence of insurance simply encourages more attacks , and is hurting more than it’s helping. Personal insurance plans are slowly becoming a more visible and talked about topic.

Cyber Insurance 73

Cyber Insurance Insurance Backups Cryptocurrency 73

Security Affairs

FEBRUARY 27, 2024

Optum Solutions is a subsidiary of UnitedHealth Group, a leading health insurance company in the United States. Optum Solutions operates the Change Healthcare platform, which serves as a critical payment exchange platform for the US healthcare system.

Ransomware 96

Ransomware Healthcare Government Technology 96

CyberSecurity Insiders

DECEMBER 14, 2022

–( BUSINESS WIRE )–Brendan Hall has joined Alliant Insurance Services as a Senior Vice President as part of the newly created Alliant Cyber, one of 14 Alliant industry-dedicated verticals. About Alliant Insurance Services. The post Brendan Hall Joins Alliant Insurance Services appeared first on Cybersecurity Insiders.

Insurance 52

Insurance Cyber Insurance Cyber Risk Risk 52

Thales Cloud Protection & Licensing

JULY 4, 2022

How Cybersecurity Insurance Can Work To Help An Organization. In the last 20+ years, cybersecurity insurance has added risk transference to the available palette of palliative choices. I recently spoke with Neira Jones and Danna Bethlehem about how cybersecurity insurance can work to help an organization. regulations.

Insurance 71

Insurance Cybersecurity Risk Data breaches 71

Duo's Security Blog

DECEMBER 7, 2022

Much has been published about how the demand — and subsequent cost — for cyber liability insurance has skyrocketed in line with increasing incidents of cyberattacks. The state of cyber liability insurance The topic of cyber liability insurance is full of datapoints, statistics and graphs all showing upward trajectories.

Insurance 75

Insurance Cyber Insurance Ransomware Risk 75

Duo's Security Blog

OCTOBER 7, 2022

In this blog, we explain why it makes sense for these firms to work with managed service providers (MSPs) to help bolster their security posture and increase their chances of getting cyber liability insurance cover as insurers continue to raise the bar. Small business cyber insurance: Is it really needed?

Small Business 71

Small Business Cyber Insurance Insurance Cyber Risk 71

SecureWorld News

MAY 26, 2021

New research reveals that a record number of organizations are buying cyber insurance policies as a tool for protecting themselves against cyber risk. However, the cost for those policies is rising dramatically as cyber insurance premiums soar up to 30% vs. the previous year. cyber insurance market and the results are in.

Cyber Insurance 56

Cyber Insurance Insurance Cyber Risk Marketing 56

SC Magazine

MAY 19, 2021

The development of cybersecurity insurance has played an important role in determining how companies prepare for and respond to ransomware attacks and the resulting fallout. That in itself has evolved, as insurers and insured learn just how expensive that fallout can be. The ransomware reality check for insurers.

Cyber Insurance 102

Cyber Insurance Insurance Marketing Ransomware 102

eSecurity Planet

JULY 8, 2022

Organizations require even more sophisticated protection, response, and recovery solutions than what was available even two years ago.”. Also see the Best Business Continuity Solutions. See the Best Backup Solutions for Ransomware Protection. DRaaS solutions can help ensure complete and reliable business continuity.

Backups 122

Backups Ransomware Technology Marketing 122

Schneier on Security

SEPTEMBER 26, 2022

Depending on the website you visit, the form data may itself include PII­—including but not limited to Social Security Numbers (SSNs)/Social Insurance Numbers (SINs), name, address, email, date of birth (DOB), contact information, bank and payment information, and so on.

Passwords 278

Passwords Insurance Banking 278

CyberSecurity Insiders

JANUARY 24, 2022

CINCINNATI–( BUSINESS WIRE )–Great American Insurance Group recently launched EagleEye? The tools we developed became an invaluable system for identifying our needs, building the case for resources to implement a solution, and tracking our progress over time. About SecurityScorecard.

Cyber Risk 52

Cyber Risk Insurance Risk Cyber Insurance 52

Duo's Security Blog

OCTOBER 18, 2022

Tune into our upcoming webinar, “ Don’t Bet on Passwords, Use MFA to Insure Your Protection ,” to hear from Wolfgang Goerlich, an advisory CISO at Cisco Secure Access by Duo, an Matt Brooks, a Duo Product Marketing specialist. trillion USD annually by 2025?

Insurance 56

Insurance Passwords Cyber Insurance Authentication 56

SC Magazine

MARCH 2, 2021

Google Cloud, Munich Re and Allianz are working together to turn risk data into better insurance policies. In doing so, and in sharing the results with Munich Re and Allianz, the insurers will offer expanded coverage options, including higher policy limits and longer business interruption payouts.

Insurance 75

Insurance Cyber Insurance Risk Media 75

Security Boulevard

MARCH 4, 2021

Certain industries and business sectors are more prone to collaboration and sharing with regard to cybersecurity, and certainly the insurance sector, particularly those who underwrite cyber insurance, belongs to this group. The post Collective Defense for the insurance sector appeared first on Security Boulevard.

Insurance 57

Insurance Cyber Insurance Cybersecurity 57

Duo's Security Blog

OCTOBER 18, 2021

One area where campuses have been collaborating recently are changes around cyber liability insurance for higher education, an opportunity for campus cybersecurity teams to combine forces with their risk management team. In a recent Duo blog post, we gave an overview of cyber liability insurance.

Insurance 65

Insurance Education Risk Cyber Insurance 65

Schneier on Security

FEBRUARY 28, 2024

In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after the devastating NotPetya cyberattack in 2017. The 9/11 attacks cost insurers and reinsurers $47 billion. 11, 2001, terrorist attacks.

Cyber Insurance 219

Cyber Insurance Insurance Government Cyber Risk 219

Security Boulevard

FEBRUARY 7, 2024

Funds to support further development of insurance solutions within the London insurance market. Read More The post Lloyd’s of London Announces Investment in Axio appeared first on Axio. The post Lloyd’s of London Announces Investment in Axio appeared first on Security Boulevard.

Insurance 62

Insurance Marketing 62

SecureWorld News

JANUARY 31, 2024

Managing cyber, privacy, and technology exposures through insurance can be complex and requires expert attention to detail around some key areas: contractual risk management, insurance coverage negotiation, cyber-physical damage risk, and the constantly expanding universe of regulatory and privacy litigation.

Risk 78

Risk Cyber Insurance Insurance Data breaches 78

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. I had not heard about this case before.

Cyber Insurance 204

Cyber Insurance Insurance Cyber Risk Risk 204

SecureBlitz

NOVEMBER 14, 2023

OmniWatch is one such solution. The platform offers a solution to protect against its impacts. With a range of services like breach monitoring and insurance, OmniWatch promises to […] The post OmniWatch Online Identity Protection Review appeared first on SecureBlitz Cybersecurity.

Identity Theft 83

Identity Theft Insurance Cybersecurity 83

CyberSecurity Insiders

OCTOBER 23, 2021

The report provides an inside look at the insights and tools used by risk managers, IT departments, security researchers, and solution providers to hone their offerings and approaches to keeping organizations safe from evolving cyber threats. “By About Corvus Insurance. Media companies (publishers, TV networks, etc.)

Insurance 59

Insurance Cyber Risk Technology Ransomware 59

CyberSecurity Insiders

JANUARY 5, 2022

MIAMI–( BUSINESS WIRE )–Element Solutions Inc (NYSE:ESI) (“Element Solutions” or “the Company”) today issued the following statement: Element Solutions recently detected a cyber intrusion on certain of the Company’s information technology systems. About Element Solutions Inc.

Insurance 52

Insurance Manufacturing Technology Cybersecurity 52

Security Affairs

APRIL 24, 2020

SeaChange International, the multinational supplier of video delivery software solutions, was the victim of the Sodinokibi Ransomware gang. These images include a screenshot of folders on a SeaChange server compromised by the gang, insurance certificates, a driver’s license, and a cover letter for a proposal sent to the Pentagon.

Software 105

Software Ransomware VPN Advertising 105

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. As a result, some insurance companies have had to raise premiums to cover their costs.

Cyber Insurance 52

Cyber Insurance Insurance Cyber Risk Risk 52

Security Boulevard

JUNE 5, 2023

Are you protecting your data with the same passion and with adequate cybersecurity solutions? • In 2022, the Austrian Health insurer Medibank lost the data of four million customers at an estimated cost of $25-35 million to the. Attackers covet your data and never stop coming for it. In 2021, ransomware cases grew by 92.7%.

Cybersecurity 104

Cybersecurity Insurance Ransomware Data breaches 104

Malwarebytes

FEBRUARY 13, 2023

More than 8 in 10 Americans believe, incorrectly, that the federal Health Insurance Portability and Accountability Act (HIPAA) stops apps from selling data collected about app users’ health to marketers.

Data collection 93

Data collection Insurance Technology Risk 93

Heimadal Security

APRIL 26, 2023

The insurance and wealth management solutions company filed a notice of the data security incident with the Attorney General of Texas. IMA Financial Group (IMA) announced on April 19th it had experienced a data breach resulting in confidential consumer data leakage.

Insurance 81

Insurance Data breaches Cybersecurity 81

Security Affairs

JANUARY 4, 2024

HealthEC is a healthcare technology company that provides solutions for care coordination, population health management, and value-based care. “Suspicious activity should be promptly reported to relevant parties including an insurance company, health care provider, and/or financial institution.”

Data breaches 117

Data breaches Healthcare Artificial Intelligence Identity Theft 117