Insurance

How cybersecurity failures are draining business budgets

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How cybersecurity failures are draining business budgets 2024-11-14 at 06:10 By Help Net Security Security leaders feel under increasing pressure to provide assurances around cybersecurity, exposing them to greater personal risk – yet many lack the data and resources to accurately report and close cybersecurity gaps, according to Panaseer. The report analyses the findings of […]

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Business and tech consolidation opens doors for cybercriminals

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Business and tech consolidation opens doors for cybercriminals 2024-08-16 at 07:36 By Help Net Security Cyber threats continued to intensify in the first half of 2024 as cybercriminals exploited security gaps from growing business and technological consolidation, according to Resilience. Consolidation in business and tech fuels new third-party risks Rebounding merger and acquisition (M&A) activity

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Why CISOs face greater personal liability

CISO, communication, cyber resilience, cybersecurity, Don't miss, Features, Hot stuff, Insurance, News, opinion, Veritas Technologies /

Why CISOs face greater personal liability 2024-08-01 at 07:01 By Mirko Zorz In this Help Net Security interview, Christos Tulumba, CISO at Veritas Technologies, discusses the key factors contributing to increased personal liability risks for CISOs. These risks are driven by heightened cybersecurity threats, evolving regulations, and increased public awareness of security breaches. Tulumba also

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Prudential Financial Data Breach Impacts 2.5 Million

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Prudential Financial Data Breach Impacts 2.5 Million 2024-07-01 at 14:31 By Ionut Arghire Prudential Financial has updated the February data breach impact estimate to 2.5 million individuals. The post Prudential Financial Data Breach Impacts 2.5 Million appeared first on SecurityWeek. This article is an excerpt from SecurityWeek RSS Feed View Original Source React to this

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Insurance Company Globe Life Investigating Data Breach

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Insurance Company Globe Life Investigating Data Breach 2024-06-17 at 17:16 By Eduard Kovacs US insurance company Globe Life is investigating a data breach involving unauthorized access to consumer and policyholder information.  The post Insurance Company Globe Life Investigating Data Breach appeared first on SecurityWeek. This article is an excerpt from SecurityWeek RSS Feed View Original

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What is cryptocurrency insurance, and how does it work?

Cryptocurrency, digital assets, Insurance /

What is cryptocurrency insurance, and how does it work? 2024-05-11 at 14:01 By Cointelegraph by Onkar Singh Learn how cryptocurrency insurance protects your digital assets from theft, hacks and other risks. Understand the coverage options and how this specialized insurance works. This article is an excerpt from Cointelegraph.com News View Original Source React to this

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56% of cyber insurance claims originate in the email inbox

BEC scams, Coalition, cybersecurity, email security, firewall, Insurance, News, Ransomware, report, survey, VPN /

56% of cyber insurance claims originate in the email inbox 2024-04-25 at 13:01 By Help Net Security 56% of all 2023 claims were a result of funds transfer fraud (FTF) or business email compromise (BEC), highlighting the importance of email security as a critical aspect of cyber risk management, according to Coalition. The 2024 Cyber

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$2.7T general insurance industry meets tokenized RWAs: Nayms joins Cointelegraph Accelerator

Bermuda, blockchain, Business, Cointelegraph Accelerator, Cryptocurrencies, Insurance, marketplace, Tokens /

$2.7T general insurance industry meets tokenized RWAs: Nayms joins Cointelegraph Accelerator 2024-04-03 at 21:01 By Cointelegraph by Cointelegraph Accelerator Nayms, a blockchain-based tokenized insurance marketplace, has become the latest participant of Cointelegraph Accelerator. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Wire fraud scams escalate in real estate deals

CertifID, communication, cybersecurity, Don't miss, fraud, Hot stuff, identity verification, Insurance, real estate sector, Video /

Wire fraud scams escalate in real estate deals 2024-02-22 at 07:01 By Help Net Security In this Help Net Security video, Tyler Adams, CEO at CertifID, illustrates how the real estate sector needs to invest significant effort in educating consumers and implementing protective measures to safeguard real estate transactions. Recent CertifID research found that median

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Cyber budgets and the VC landscape in 2024

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Cyber budgets and the VC landscape in 2024 2024-01-12 at 06:31 By Help Net Security In this Help Net Security video, Marcus Bartram, General Partner at Telstra Ventures, discusses his 2024 cybersecurity predictions: The U.S. will be in a recession by Q4 2024, and tech companies will continue reducing their workforce. Still, VCs will be

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Data security and cost are key cloud adoption challenges for financial industry

Artificial Intelligence, Capgemini, Cloud, cybersecurity, data security, financial industry, generative AI, Insurance, News, report, Risk Management /

Data security and cost are key cloud adoption challenges for financial industry 2023-12-27 at 06:05 By Help Net Security 91% of banks and insurance companies have now initiated their cloud journey, a significant increase from 2020, when only 37% of firms had embarked on their cloud transformations, according to Capgemini. However, this high rate and

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Sam Altman-linked Meanwhile Advisors creates BTC private credit fund

Cryptocurrency Investment, Insurance, Investments, Lending /

Sam Altman-linked Meanwhile Advisors creates BTC private credit fund 08/12/2023 at 01:02 By Cointelegraph by Derek Andersen The closed fund will offer investors a 5% yield in Bitcoin and lend funds in BTC to institutions. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Why the service industry needs blockchain, explained

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Why the service industry needs blockchain, explained 11/11/2023 at 19:02 By Cointelegraph By Guneet Kaur The service industry needs blockchain for enhanced security, transparency and efficiency in managing transactions, contracts and customer data. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Sam Bankman-Fried sues insurance company for defense costs as trial opens

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Sam Bankman-Fried sues insurance company for defense costs as trial opens 03/10/2023 at 22:02 By Cointelegraph By Derek Andersen SBF has directors and officers coverage through FTX Trading parent Paper Bird, but now that two companies have paid out $10 million, the third in line is balking, the suit claims. This article is an excerpt

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Ransomware cyber insurance claims up by 27%

Coalition, cybercrime, cybersecurity, Insurance, News, Ransomware, report, survey /

Ransomware cyber insurance claims up by 27% 22/09/2023 at 07:31 By Help Net Security Overall cyber insurance claims frequency increased by 12% in the first half of 2023, according to Coalition. Increase in ransomware claims frequency Coalition found that both claims frequency and severity rose for businesses in early 2023 across all revenue bands. Companies

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Akira Ransomware Extends Reach to Linux Platform

AES, Akira Ransomware, Banking, BFSI, CAMELLIA, DES, education, Financial Services, IDEA-CB, Insurance, Linux, Linux Executable and Linkable Format, Manufacturing, Professional Services, Ransom note, Ransomware, United States /

Akira Ransomware Extends Reach to Linux Platform 28/06/2023 at 11:17 By cybleinc Cyble Research & Intelligence Labs examines the Linux variant of Akira Ransomware and assesses its impact on various sectors. The post Akira Ransomware Extends Reach to Linux Platform appeared first on Cyble. This article is an excerpt from Cyble View Original Source React

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