cyber insurance

Keeping up with the demands of the cyber insurance market

Keeping up with the demands of the cyber insurance market 12/10/2023 at 08:01 By Help Net Security Cyber insurance has been around longer than most of us think. When American International Group (AIG) launched the first cyber insurance policy in 1997, it stepped into completely unknown territory to gain market share. Now, 26 years later, […]

React to this headline:

Loading spinner

Keeping up with the demands of the cyber insurance market Read More »

Cyber insurance costs pressure business budgets

Cyber insurance costs pressure business budgets 09/10/2023 at 06:01 By Help Net Security Cyber insurance is a type of insurance policy that provides financial protection and support to individuals and organizations in the event of cyber incidents, including data breaches, hacking, ransomware attacks, and other cyber threats. It typically covers expenses such as data recovery,

React to this headline:

Loading spinner

Cyber insurance costs pressure business budgets Read More »

MGM Resorts Says Ransomware Hack Cost $110 Million

MGM Resorts Says Ransomware Hack Cost $110 Million 06/10/2023 at 21:47 By Ryan Naraine MGM Resorts said costs from a disruptive ransomware hack has exceeded $110 million, including $10 million in one-time consulting cleanup fees. The post MGM Resorts Says Ransomware Hack Cost $110 Million appeared first on SecurityWeek. This article is an excerpt from

React to this headline:

Loading spinner

MGM Resorts Says Ransomware Hack Cost $110 Million Read More »

CISO’s compass: Mastering tech, inspiring teams, and confronting risk

CISO’s compass: Mastering tech, inspiring teams, and confronting risk 03/10/2023 at 07:32 By Mirko Zorz In this Help Net Security interview, Okey Obudulu, CISO at Skillsoft, talks about the increasing complexity of the CISO role and challenges they face. He discusses the business environment, tech innovation, the evolving regulatory landscape, limited resources, and budgets. Obudulu

React to this headline:

Loading spinner

CISO’s compass: Mastering tech, inspiring teams, and confronting risk Read More »

SMEs overestimate their cybersecurity preparedness

SMEs overestimate their cybersecurity preparedness 22/09/2023 at 06:02 By Help Net Security 57% of SMEs have fallen victim to at least one cybersecurity breach, among whom 31% reported that their business experienced a breach within the past 12 months alone, according to Guardz. The increasing number of evolving cyber threats poses a significant risk to

React to this headline:

Loading spinner

SMEs overestimate their cybersecurity preparedness Read More »

Understand the fine print of your cyber insurance policies

Understand the fine print of your cyber insurance policies 01/09/2023 at 06:32 By Help Net Security A significant gap is emerging between insurance providers, as organizations skip the fine print and seek affordable and comprehensive coverage, potentially putting them in a tough place when they need to use this safety net, according to a Delinea

React to this headline:

Loading spinner

Understand the fine print of your cyber insurance policies Read More »

The Reality of Cyberinsurance in 2023

The Reality of Cyberinsurance in 2023 29/08/2023 at 17:36 By Kevin Townsend If an organization decides to include cyberinsurance within its total cyber risk management posture, that cyberinsurance must be fully integrated with the organization’s cybersecurity posture. The post The Reality of Cyberinsurance in 2023 appeared first on SecurityWeek. This article is an excerpt from

React to this headline:

Loading spinner

The Reality of Cyberinsurance in 2023 Read More »

Cybersecurity insurance is missing the risk

Cybersecurity insurance is missing the risk 25/08/2023 at 08:04 By Help Net Security 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. The traditional actuary models do not

React to this headline:

Loading spinner

Cybersecurity insurance is missing the risk Read More »

UK Think Tank Proposes Greater Ransomware Reporting From Cyberinsurance to Government

UK Think Tank Proposes Greater Ransomware Reporting From Cyberinsurance to Government 08/08/2023 at 14:46 By Kevin Townsend The Royal United Services Institute (RUSI) examined the relationship between cyberinsurance and ransomware, and proposes greater reporting from victims to government, enforced through insurance policies. The post UK Think Tank Proposes Greater Ransomware Reporting From Cyberinsurance to Government

React to this headline:

Loading spinner

UK Think Tank Proposes Greater Ransomware Reporting From Cyberinsurance to Government Read More »

Cyberinsurance Firm Resilience Raises $100 Million to Expand Its Cyber Risk Platform

Cyberinsurance Firm Resilience Raises $100 Million to Expand Its Cyber Risk Platform 08/08/2023 at 00:02 By SecurityWeek News Resilience Cyber Insurance Solutions has raised $100 million through a Series D funding round to support global expansion of its cyber risk platform that was launched earlier this year. The post Cyberinsurance Firm Resilience Raises $100 Million to

React to this headline:

Loading spinner

Cyberinsurance Firm Resilience Raises $100 Million to Expand Its Cyber Risk Platform Read More »

Forgepoint Capital Places $15M Series A Bet on Converge Insurance

Forgepoint Capital Places $15M Series A Bet on Converge Insurance 02/08/2023 at 00:18 By Ryan Naraine Forgepoint Capital makes another investment in the cyber-insurance sector with a $15 million Series A investment in Converge Insurance. The post Forgepoint Capital Places $15M Series A Bet on Converge Insurance appeared first on SecurityWeek. This article is an

React to this headline:

Loading spinner

Forgepoint Capital Places $15M Series A Bet on Converge Insurance Read More »

Forgepoint Capital Places $20M Series A Bet on Converge Insurance

Forgepoint Capital Places $20M Series A Bet on Converge Insurance 01/08/2023 at 22:18 By Ryan Naraine Forgepoint Capital makes another investment in the cyber-insurance sector with a $15 million Series A investment in Converge Insurance. The post Forgepoint Capital Places $20M Series A Bet on Converge Insurance appeared first on SecurityWeek. This article is an

React to this headline:

Loading spinner

Forgepoint Capital Places $20M Series A Bet on Converge Insurance Read More »

Preparing health systems for cyber risks and insurance coverage

Preparing health systems for cyber risks and insurance coverage 28/06/2023 at 07:32 By Mirko Zorz Our healthcare systems are at risk of infiltration by threat actors, potentially disrupting services, compromising sensitive data, and even jeopardizing patient outcomes. Among the people addressing these challenges is Dennis Fridrich, VP of Cybersecurity at TRIMEDX, who not only understands

React to this headline:

Loading spinner

Preparing health systems for cyber risks and insurance coverage Read More »

How cyber insurance empowers CISOs

How cyber insurance empowers CISOs 27/06/2023 at 07:03 By Help Net Security In this Help Net Security video, Fawaz Rasheed, Field CISO at VMware, discusses how cyber insurance remains the high tide that rises ships. For organizations choosing to purchase cyber insurance, the requirements set forth towards them are beneficial in advancing their security program.

React to this headline:

Loading spinner

How cyber insurance empowers CISOs Read More »

Attackers leave organizations with no recovery option

Attackers leave organizations with no recovery option 31/05/2023 at 06:13 By Help Net Security Organizations of all sizes are increasingly falling victim to ransomware attacks and inadequately protecting against this rising cyberthreat, according to Veeam. One in seven organizations will see almost all (>80%) data affected as a result of a ransomware attack – pointing

React to this headline:

Loading spinner

Attackers leave organizations with no recovery option Read More »

Scroll to Top