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A Cyber Insurance Backstop

Schneier on Security

In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after the devastating NotPetya cyberattack in 2017. The 9/11 attacks cost insurers and reinsurers $47 billion. 11, 2001, terrorist attacks.

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Top Cybersecurity Companies for 2022

eSecurity Planet

Here are our picks for the top 20 cybersecurity software vendors plus 10 honorable mentions – with the caveat that at least a couple of those 30 companies are likely to merge. NINJIO prepares organizations to defend against cyber threats through their engaging, video-based training courses. NINJIO Cybersecurity Awareness Training.

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Regulatory Update: NAIC Summer 2022 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. The Privacy Working Group expects to expose an initial draft of the white paper in advance of the Fall 2022 Meeting. 1. NAIC to Develop New Privacy Model Law.

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Best Fraud Management Systems & Detection Tools in 2022

eSecurity Planet

PwC’s 2022 Global Economic Crime and Fraud Survey reported that 46% of surveyed organizations experienced corruption, fraud, or other economic crimes in the 24-month survey period. 52% of companies with more than $10 billion in revenue were hit with fraud. Best Fraud Management Systems & Detection Tools in 2022.

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Behavioral Analytics in Cybersecurity: Does It Work as Advertised?

eSecurity Planet

UEBA has been growing for some time, and a 2022 Market Data Forecast report predicts its global market size to grow from $890.7 Check Out Best User and Entity Behavior Analytics (UEBA) Tools for 2022. Data gathering and analysis can be beneficial in cybersecurity too of course. million in 2019 to $1.1 billion by 2025.

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Happy 13th Birthday, KrebsOnSecurity!

Krebs on Security

Thanks to your readership and support, I was able to spend more time in 2022 on some deep, meaty investigative stories — the really satisfying kind with the potential to affect positive change. Some of that work is highlighted in the 2022 Year in Review review below. A single bitcoin is trading at around $45,000. agencies].

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List of Data Breaches and Cyber Attacks in 2023

IT Governance

We offer a variety of resources to help understand and mitigate threats, from training courses and consultancy services to free guides. MCNA Insurance MCNA Insurance, also known as MCNA Dental, was caught up in a cyber hacking incident last week, in which 112 covered entities were affected.