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Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs

eSecurity Planet

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.

Insurance 128
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Cross-Border Data Privacy and Security Concerns in the Dawn of Quantum Computing

Thales Cloud Protection & Licensing

Cross-Border Data Privacy and Security Concerns in the Dawn of Quantum Computing. Tue, 12/22/2020 - 10:08. As a result, data has become a critical asset for companies and governments alike, as well as the primary target for nefarious actors and nation states. The problem is not limited to the requirements of GDPR.

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The Ongoing Cyber Threat to Critical Infrastructure

Thales Cloud Protection & Licensing

Thu, 07/21/2022 - 12:28. Security breaches in this sector can be incredibly disruptive to society and are attracting considerable attention from governments and regulatory bodies around the world. The increasing reliance on cloud platforms provides a vulnerable attack surface for threat actors and hostile nation-states.

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Ransomware Protection in 2021

eSecurity Planet

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. Raising awareness about ransomware is a baseline security measure. As training sessions have little influence over staff for every potential attack, it makes added security more imperative.

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The Pain of Double Extortion Ransomware

Thales Cloud Protection & Licensing

According to a recent market study 1 , 71% of individuals surveyed said double and triple extortion tactics have grown in popularity over the last 12 months, and 65% agree that these new threats make it tougher to refuse ransom demands. The pains of double extortion ransomware A security gap?

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Best Third-Party Risk Management (TPRM) Tools of 2021

eSecurity Planet

Cyberattacks caused by supply chain vulnerabilities mean organizations need a renewed perspective on how to address third-party security. Aravo was named a Leader in Forrester Wave for TPRM and a Challenger in the Gartner Magic Quadrant for IT VRM Tools in 2020. BitSight Security Ratings Platform. OneTrust Vendorpedia.

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SEC Chair: Sweeping New Cybersecurity Rules Are Coming Soon

Data Matters

On Monday, January 24, 2022, in a speech at the Northwestern University Pritzker School of Law annual Securities Regulation Institute conference, Gary Gensler, Chair of the U.S. He also signaled the SEC’s continued focus on enforcement and cooperation with other law enforcement agencies.