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 […]
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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
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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
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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
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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
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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
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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.
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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
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