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Cyber Insurance: Higher Premiums, Limited Coverage

Data Breach Today

GAO Report Summarizes Market Trends The increasing number of cyberthreats, especially ransomware attacks, is leading some cyber insurers to raise premiums and limit some coverage in hard-hit sectors, such as healthcare and education, according to a report from the Government Accountability Office.

Insurance 278
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Insurance scams via QR codes: how to recognise and defend yourself

Security Affairs

The Postal Police has issued an alert to warn citizens against insurance scams using QR codes. In practice, fake insurance operators contact victims through calls, messages, or sponsorships on social networks, offering policies at advantageous prices. Online companies do not use generic domains or channels such as WhatsApp or Telegram.

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Resilience CEO on White House Meeting, Cyber Insurance

Data Breach Today

25, President Joe Biden invited about 25 technology, insurance, finance and education executives to the White House to discuss pressing cybersecurity issues such as supply chain and critical infrastructure. Vishaal Hariprasad Also Address How Ransomware Is Changing Security On Aug.

Insurance 164
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The Weeks in Cyber Security and Data Privacy: 18 – 31 December 2023

IT Governance

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. Publicly disclosed data breaches and cyber attacks: in the spotlight Unprotected Real Estate Wealth Network database exposes more than 1.5 Data breached: 1,523,776,691 records.

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Top 8 Cyber Insurance Companies for 2022

eSecurity Planet

That’s where cyber insurance may be able to help. According to the Ponemon Institute and IBM, the global average cost of a data breach is $4.24 As the number and severity of data breaches continues to rise, organizations are recognizing that those costs are not theoretical. Cyber Insurance is Booming. That’s a 29.1%

Insurance 101
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K12 education giant paid the ransom to the Ryuk gang

Security Affairs

Online education giant K12 Inc. was hit by Ryuk ransomware in the middle of November and now has paid a ransom to avoid data leak. The education company Online education giant K12 Inc. is a for-profit education company that sells online schooling and curricula. “K12 Inc. ” reads the press release.

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The Week in Cyber Security and Data Privacy: 22 – 28 April 2024

IT Governance

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. Data scraping or web scraping is a typically automated process that extracts information from websites, allowing criminals to compile datasets containing personal information.