cyber insurance
Tips to Strengthen SMBs’ Cybersecurity Approach
There typically has been little attention paid to SMB cybersecurity, making those companies prime targets for cybercriminals. Why would hackers try to extort hundreds of thousands of dollars from smaller firms, when ...
Are Ransom Payments Supporting Terrorists?
Organizations, particularly those that recognize that they don’t have essential security and data recovery measures in place, have taken out cyber insurance, which they are regularly using to pay off ransomware attackers ...
Is the Insurance Loophole the Newest Threat Vector?
Is cyber insurance worth the money, and should organizations rely on it as a line of defense? Being a Seattle resident, I occasionally find myself in some interesting “what if” conversations about ...
Cyberwarfare—Yes? Cyber Insurance—No!
Just when you think that you are covered, you discover that you may not necessarily be protected by your cyber insurance. That was the startling message in an article by Adam Satariano ...
Think Cybersecurity Insurance Will Save You? Think Again.
By this point, we know that state-sponsored cyber attacks are a thing. Time and again, we see headlines to this effect, whether it’s election hacking, IP theft, or mega-breaches. For your average ...
Insider Threats: A Big Fear for Small Businesses
In the list of things that keep SMB leaders awake at night, insider threats rate at the top. Here’s why this threat is far bigger for smaller companies. A recent report finds ...
Cyber Insurance Adoption Low, Despite Rising Cyberattack Threats
Cyber incidents are costly. We know that. Just how costly has been a subject of debate, but a new study from Cyber Risk Management (CyRiM) project, a Singapore-based public-private initiative that assesses ...
37% of Ransomware Attacks Targeted Healthcare Organizations in Q3, Cyber Insurer Says
While industry reports claim ransomware attacks have dropped, cybersecurity insurance company Beazley Breach Response (BBR) Services has reported otherwise. According to businesses benefiting from its insurance deals, there has been a surge ...
Lack of awareness leaves consumers vulnerable to cyberattacks, study finds
An impressive number of American consumers are concerned about cybercrime and, particularly, the risks smart devices pose to the integrity of their homes. Yet they are still in the dark about how ...
Businesses Worldwide Expected to Spend $9 Billion on Cyber Insurance by 2020
Cybercriminals have unwittingly created an impressive, and legal, money-making opportunity – cyber insurance. The cyber insurance market is about to become huge, as experts believe companies will double their spending by 2020 ...
