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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, …

code
APIs in the insurance industry: Accessing a growing world of data

The insurance industry is vast and varied. It can be found in nearly every country in the world, with the earliest references dating back as early as 1750 BC. Modern …

gap
Middle market companies facing a record number of data breaches

Middle market companies possess a significant amount of valuable data but continue to lack appropriate levels of protective controls and staffing, according to a report from …

cyber insurance
How do I select cyber insurance for my business?

There has been a 70%+ increase in the average cost of a cybercrime to an organization over five years to $13mn and a 60%+ increase in the average number of security breaches, …

money
Cyber insurance claims on the rise

External attacks on companies result in the most expensive cyber insurance losses, but it is employee mistakes and technical problems that are the most frequent generator of …

money
Companies that facilitate ransomware payments risk violating US sanctions

Companies that ransomware-hit US organizations hire to facilitate the paying of the ransom are at risk of breaking US sanctions, falling afoul of the US Department of the …

market
Businesses vulnerable to emerging risks have a gap in their insurance coverage

The majority of business decision makers are insured against traditional cyber risks, such as breaches of personal information, but most were vulnerable to emerging risks, …

ransomware
The battle against ransomware: Lessons from the front lines

Ransomware is arguably the most significant cybercrime innovation in recent history. The ransomware business model is so effective that it is now the most common and …

connection
Rising threats call for primary cyber resilience, new strategies for governments

Cybercriminals are holding governments hostage more frequently, expanding their attack base, and asking for more money, according to a report released by Deloitte. The study …

risk
The overlooked part of an infosec strategy: Cyber insurance underwriting

When a data breach or cyber attack hits the headlines one of the last things businesses are likely to consider is how cyber insurance could helped. Outside of a general …

biohazard
Danish company Demant expects to suffer huge losses due to cyber attack

Danish hearing health care company Demant has estimated it will lose between $80 and $95 million due to a recent “cyber-crime” attack. Though the company has yet …

healthcare
How organizations view and manage cyber risk

Amid a wider range of issues to handle, a majority of board members and senior executives responsible for their organization’s cyber risk management had less than a day in the …

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