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Avi Bashan
Cyber insurance trends: Insurers and insurees must adapt equally to growing threats

In this interview with Help Net Security, Avi Bashan, CTO at Kovrr, talks about cyber insurance trends and how the growing threat landscape impacted both insurers and …

cybersecurity investments
Cybersecurity budgets surge, as skills gap wreaks havoc on 2022 plans

As enterprises plan and set budgets for the new year ahead, the vast majority are expecting to channel more dollars toward enhancing their cybersecurity efforts. Organizations …

finance
Shrinking cyber budgets are leaving businesses at risk

The cyber budgets of enterprises rose by less than 1% during the pandemic, according to their cyber budget holders. This left cyber spend stagnating at an average of around …

hands
The cyber insurance dilemma: The risks of a safety net

Cybercriminals have become the modern mafia and ransomware attacks are the new shake-downs. Not only has the ask of the ransoms skyrocketed, but the average ransomware payment …

money
Cyber risk trends driving the surge in ransomware incidents

During the COVID-19 crisis, another outbreak took place in the cyber space: a digital pandemic driven by ransomware. In a recent report, Allianz Global Corporate & …

Odin Olson
The impact of ransomware on cyber insurance driving the need for broader cybersecurity knowlege

The growing number of ransomware attacks has burdened many oganizations, but it has also greatly impacted the cyber insurance industry, which found itself having to cover …

Crypto exchanges and their customers must protect themselves as attacks continue

Within the past several years, cryptocurrency has gone from a niche hobby to a mainstream concern. Cryptocurrencies like Bitcoin, Ethereum, and even Dogecoin have generated …

ransomware
Ransomware and cyber insurance: What are the risks?

High-profile ransomware events, such as the Colonial Pipeline and Kaseya attacks, continue to create eye-popping headlines about how easily a cybercriminal group can cripple …

ransomware
54% of businesses now have a policy in place to deal with ransomware attacks

54% of businesses now have a defined policy in place to deal with ransomware attacks – whether this means paying a ransom, relying on insurance policies or refusing to pay at …

healthcare
Health insurers facing growing risk of customer data theft

The U.S. health insurance industry is facing growing risks from cybersecurity threats due to the increasingly sophisticated techniques used by cybercriminals amid the …

cyber insurance
Cyber insurance failing to live up to expectations

A RUSI paper finds that the contribution of the insurance sector to improving cyber security practice is ‘more limited than policymakers and businesses might hope’, and …

money
Security leaders more concerned about legal settlements than regulatory fines

An overwhelming 90% of security leaders are concerned about group legal settlements following a serious data breach, compared to 85% who are worried about regulatory fines, …

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