IT Governance

JULY 15, 2019

Cyber insurance is big business these days. Damages incurred by information security incidents generally aren’t covered in commercial insurance policies, so a specific policy is necessary to help cover the costs of things like forensic investigation, incident response and notification procedures.

Insurance 89

Insurance Data breaches Risk Information Security 89

Security Affairs

MARCH 17, 2024

Every week the best security articles from Security Affairs are free for you in your email box. A new round of the weekly SecurityAffairs newsletter arrived! Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

Data breaches 106

Data breaches Security Computer and Electronics Ransomware 106

IT Governance

MARCH 20, 2024

In the UK, cyber security has been dropping down the board’s list of priorities. The UK government’s Cyber Security Breaches Survey 2023 confirms this trend. Fewer directors, trustees and other senior managers of both UK businesses and charities see cyber security as a high priority in 2023 compared to 2022. Specifically, a 13.4%

Security 116

Security Data breaches Government Insurance 116

eSecurity Planet

MARCH 18, 2022

Many security professionals think that if they have done the hard work of securing their organization, that should be enough. Even though drafting IT security policies can be a pain, formal policies provide a valuable resource to protect both the IT team and their organization. Written security policies.

IT 122

IT Compliance Security Access 122

IT Governance

SEPTEMBER 27, 2022

In some circles, cyber security is synonymous with threat protection. That’s certainly true, but there’s a lot more to cyber security than protecting assets. The measures you implement should be part of a cohesive strategy that helps organisations prepare for and respond to security threats.

Data breaches 119

Data breaches Government Insurance Risk 119

eSecurity Planet

AUGUST 4, 2023

Even a robust IT or security department will find certain tasks or projects beyond their capabilities. But ignoring issues that you lack the time or expertise for can risk operational failure or security incidents. Yet IT and security vendors will provide their services according to the specifics of the contract.

IT 98

IT Compliance Cybersecurity Communications 98

eSecurity Planet

DECEMBER 9, 2021

We make IT, security, or any business decision by weighing the risks and the rewards. Or as is often the case with security, what costs can we skip and still escape big penalties later? Dealing with an incident is a matter of “when and how bad,” not “if.” Be in-line with insurance policies. Yet, it can get worse.

Insurance 125

Insurance Ransomware Data breaches Cloud 125

IT Governance

DECEMBER 14, 2021

With organisations’ cyber security requirements becoming more complex and the threat of cyber attacks growing each year, many decision-makers are turning towards cyber security as a service. This approach, also known as managed cyber security, works by outsourcing cyber security to a third party. You’ll save money.

Security 131

Security Insurance Data breaches Information Security 131

Hunton Privacy

OCTOBER 14, 2019

Recent headlines underscore the security challenges faced by public-facing businesses. EST, for a webinar to discuss these issues, including why companies should consider SAFETY Act protection and how to obtain it. Join us on October 28, 2019, at 12:00 p.m. Bruce Cohen, SVP, Client Executive, Lockton Companies.

Insurance 49

Insurance Security Retail Risk 49

KnowBe4

MARCH 28, 2023

CyberheistNews Vol 13 #13 | March 28th, 2023 [Eye Opener] How to Outsmart Sneaky AI-Based Phishing Attacks Users need to adapt to an evolving threat landscape in which attackers can use AI tools like ChatGPT to craft extremely convincing phishing emails, according to Matthew Tyson at CSO. "A I'm being asked to do something here.'"

Phishing 88

Phishing Security awareness Insurance Cybersecurity 88

eSecurity Planet

AUGUST 9, 2022

Regulatory compliance and data privacy issues have long been an IT security nightmare. GDPR (among other legal requirements in the EU and elsewhere) can expose multinational organizations to hefty financial penalties, additional rules for disclosing data breaches, and increased scrutiny of the adequacy of their data security.

Data Privacy 145

Data Privacy Compliance Privacy Security 145

eSecurity Planet

AUGUST 27, 2021

Cyberattacks caused by supply chain vulnerabilities mean organizations need a renewed perspective on how to address third-party security. In a developing market, third-party risk management (TPRM) software and tools could be the answer to helping organizations fill the gap. Best Third-Party Risk Management (TPRM) Tools.

Risk 130

Risk Compliance Marketing Cybersecurity 130

IBM Big Data Hub

DECEMBER 8, 2023

A good practice might be setting up a weekly meeting time to discuss the risks or to use a statistics tool for tracking any changes in the risk profile. This strategy shifts the risk from the organization onto another party; in many cases, the risk shifts to an insurance company.

Risk 74

Risk Compliance Insurance IT 74

The Last Watchdog

JUNE 2, 2022

Big banks and insurance companies instilled the practice of requesting their third-party vendors to fill out increasingly bloated questionnaires, called bespoke assessments, which they then used as their sole basis for assessing third-party risk. It does this by ingesting and correlating data from a wide array of security-related datasets.

Security 266

Security Risk Digital transformation Cybersecurity 266

The Last Watchdog

JANUARY 30, 2019

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Risk 147

Risk Financial Services Insurance Cybersecurity 147

The Last Watchdog

APRIL 30, 2019

I had the chance at RSA 2019 to visit with George Wrenn, founder and CEO of CyberSaint Security , a cybersecurity software firm that plays directly in this space. And they echo through a wide variety of other risk assessment tools and initiatives that touch on third-party risks and data privacy. That could be for insurance purposes.

Cybersecurity 174

Cybersecurity Insurance Security Privacy 174

IT Governance

JULY 11, 2019

You can avoid this by teaching staff about ransomware and establishing a line of communication in the event of security incidents. See also: How does ransomware infect your systems? If you don’t already have cyber insurance, it’s worth considering. This means you could be wasting valuable time identifying the problem.

Ransomware 99

Ransomware Insurance Encryption Paper 99

Security Affairs

APRIL 25, 2021

Every week the best security articles from Security Affairs free for you in your email box. If you want to receive the weekly Security Affairs Newsletter for free subscribe here. If you want to receive the weekly Security Affairs Newsletter for free subscribe here. Follow me on Twitter: @securityaffairs and Facebook.

Security 80

Security Ransomware Insurance Privacy 80

Krebs on Security

AUGUST 17, 2023

The INTERPOL statement says the platform sold hacking tools to compromise more than 70,000 users in 43 countries. Given how long 16Shop has been around and how many paying customers it enjoyed over the years, that number is almost certainly highly conservative. 16Shop documentation instructing operators on how to deploy the kit.

Phishing 187

Phishing Passwords Insurance Sales 187

The Last Watchdog

OCTOBER 5, 2023

Byron is the founder and editor-in-chief of The Last Watchdog on Privacy & Security. How can individuals and organizations detect and protect themselves against the misuse of deep fake technology? Byron: To detect deep fakes, organizations can use digital watermarking, AI-driven detection tools, and media provenance tracking.

Cybersecurity 204

Cybersecurity Privacy Cloud IoT 204

eSecurity Planet

JANUARY 21, 2021

Data privacy regulations like the EU’s General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA) can be hard to navigate for businesses of any size, but GRC tools can simplify and streamline compliance with all of the requirements. Contents: Top GRC tools comparison. How to choose a GRC platform.

Compliance 67

Compliance Risk Government Retail 67

IT Governance

SEPTEMBER 13, 2022

It’s why many experts recommend taking a defence-in-depth approach to cyber security. . In this blog, we look at each of the stages of defence in depth, and explain how they work to protect your organisation. The basis of all cyber security defence programmes is threat detection. Stage 1: Detection. Stage 2: Protection.

Risk 110

Risk Security Data breaches Phishing 110

eSecurity Planet

APRIL 29, 2024

The 911 call center needs a robust phone system, trained staff, and a decision-tree process to understand how to route issues to the appropriate emergency or non-emergency agencies to address a caller’s needs. These include new opportunities, clear priorities, and better security, performance, and resilience.

Risk 67

Risk Compliance Communications Insurance 67

Krebs on Security

APRIL 27, 2023

Until being contacted by this reporter on Monday, the state of Vermont had at least five separate Salesforce Community sites that allowed guest access to sensitive data, including a Pandemic Unemployment Assistance program that exposed the applicant’s full name, Social Security number, address, phone number, email, and bank account number.

Access 285

Access Authentication Information Security Communications 285

eSecurity Planet

JULY 12, 2022

Cyber Insurer Provides Help. As Spectra Logic had the foresight to take out cyber insurance , Chubb representatives were professional and helpful, according to Mendoza. The guys in the SOC discovered that the virus came in via a remote user , had spread over the VPN and then began to look for security flaws,” said Mendoza.

Ransomware 144

Ransomware Insurance Cybersecurity Passwords 144

IT Governance

MAY 3, 2019

This response is appropriate if the risk is too big to manage with a security control. This option will make things less convenient for your employees but will drastically improve your security posture. The most common risk treatment option is to modify the risk, because it typically offers the best combination of security and cost.

Risk 72

Risk Information Security Communications Insurance 72

The Last Watchdog

AUGUST 22, 2019

A core security challenge confronts just about every company today. While the benefits of DX are highly-touted , this shift has also spawned a whole new tier of unprecedented privacy and security challenges. The cloud is kind of dragging this movement along and DevOps and security are center stage, at the moment.”

Digital transformation 147

Digital transformation Compliance Risk Security 147

IT Governance

FEBRUARY 15, 2019

It’s not as simple as finding off-the-shelf tools to plug into your organisation. That may sound daunting, but when cyber resilience is done right, your cyber security and incident response strategy will seem straightforward. Alternatively, you might find that it’s more cost-effective to invest in a cyber resilience insurance policy.

Risk 83

Risk GDPR Communications Insurance 83

Security Affairs

JUNE 12, 2023

In February, the Clop ransomware group claimed to have stolen sensitive data from over 130 organizations by exploiting a zero-day vulnerability ( CVE-2023-0669 ) in Fortra’s GoAnywhere MFT secure file transfer tool. TITx also provided impacted individuals with guidance on how to prevent identity theft and fraud.

Data breaches 86

Data breaches Ransomware Insurance Data Privacy 86

IT Governance

JANUARY 5, 2018

Carrying out a risk assessment is the only way to ensure that the cyber security controls chosen for your organisation are appropriate to the risks it may face. What does a cyber security risk assessment include? A cyber security risk assessment identifies information assets that could be affected by a cyber attack.

Risk 72

Risk Information Security Insurance Security 72

The Last Watchdog

APRIL 18, 2019

Related: Data breaches fuel fledgling cyber insurance market. Brinqa, an Austin, TX-based security vendor has come up with a cyber risk management platform designed to help companies take a much more dynamic approach to closing that gap, specifically in the areas of vulnerability management and application security, to start.

Digital transformation 113

Digital transformation Security Risk Cloud 113

eSecurity Planet

OCTOBER 5, 2021

Zero trust is an important new tool to add to all that, essentially walling off your most important data. Ransomware removal tools. Our top managed security service providers (MSSPs) list is also a good place to look for help. Kaspersky has a number of ransomware removal tools available on its site. DataRecovery.

Ransomware 139

Ransomware Encryption Cybersecurity Insurance 139

The Last Watchdog

MARCH 26, 2019

One way to grasp how digital transformation directly impacts the daily operations of any organization – right at this moment — is to examine the company’s application environment. Related: How new exposures being created by API sprawl. Legacy systems simply cannot address the security risks presented by APIs.

Security 145

Security Digital transformation Financial Services Risk 145

eSecurity Planet

JUNE 16, 2022

However, basic cybersecurity tools and practices, like patching , strong passwords , and multi-factor authentication (MFA), “can prevent 80 to 90% of cyberattacks,” said Anne Neuberger, deputy national security advisor for cyber and emerging technologies, during a White House press conference in Sept. Types of Cyberattacks.

Ransomware 145

Ransomware Cybersecurity Phishing Encryption 145

Krebs on Security

JUNE 15, 2023

The directive comes amid a surge in attacks targeting previously unknown vulnerabilities in widely used security and networking appliances. Barracuda was alerted to the exploitation of a zero-day in its products in mid-May, and two days later the company pushed a security update to address the flaw in all affected devices.

Risk 206

Risk Ransomware Cybersecurity Access 206

The Last Watchdog

APRIL 3, 2019

Its customer base is comprised of eight of the top 15 banks, four of the top six healthcare insurance and managed care providers, nine of the top 15 property and casualty insurance providers, five of the top 13 pharmaceutical companies, and 11 of the largest 15 federal agencies. Talk more soon.

Digital transformation 140

Digital transformation Insurance Compliance Healthcare 140

Schneier on Security

FEBRUARY 28, 2024

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.

Insurance 90

Insurance Government Cybersecurity Risk 90