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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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What Is Integrated Risk Management? Definition & Implementation

eSecurity Planet

Additional Upside Most risk strategies focus on controlling downside risks, but IRM also considers and promotes upside risk opportunities. All risk management strategies strive to use threats to business processes to determine risk. In the planning phase, develop a strategy and assess potential risks.

Risk 64
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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.

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What Is Encryption? Definition, How it Works, & Examples

eSecurity Planet

Organizations should apply encryption solutions that enhance and complement existing cybersecurity solutions and strategies. For example, The Health Insurance Portability and Accountability Act (HIPAA) requires security features such as encryption to protect patients’ health information.

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What is Confidential Computing? Definition, Benefits, & Uses

eSecurity Planet

Protection for data in use Although other techniques are emerging and being used today, confidential computing is one of the few encryption strategies that effectively protects data in use. The organization is led by two governing officers, a board of directors, committee chairs, and various staff.

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6 best practices for a data governance strategy

Collibra

Data governance is a very intricate field, so implementing and sustaining data governance comes with a suite of challenges. Luckily, thousands, if not millions, of organizations use data governance to improve their operations, so you can learn from others’ mistakes and successes. What are data governance best practices?

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How to Get Executive Support for Your Next Information Governance Initiative

AIIM

Back in 2017, I called up a few of the information governance friends I’d made through the AIIM Community to better understand the challenges they were up against. Four years later, we're finally seeing this shift in governance mindsets in nearly every AIIM member organization we speak with. Hurdles to Information Governance Success.