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Cyber Insurance and the Changing Global Risk Environment

Security Affairs

When security fails, cyber insurance can become crucial for ensuring continuity. Our reliance on digital technology and the inherited risk is a key driving factor for buying cyber risk insurance. If the technology were to become unavailable, the resulting business impact could be mitigated with cyber insurance.

Insurance 251
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26 Cyber Security Stats Every User Should Be Aware Of in 2024

Security Affairs

26 key cyber security stats for 2024 that every user should know, from rising cyber crime rates to the impact of AI technolog y. Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 million unfilled cyber security jobs, showing a big need for skilled professionals. million per breach.

Security 356
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Security Affairs newsletter Round 188 – News of the week

Security Affairs

The best news of the week with Security Affairs. Apple T2 security chip in new MacBooks disconnects Microphone when lid is closed. Group-IB and CryptoIns introduce the worlds first insurance against cyber threats for cryptocurrency exchanges. Shellbot Botnet Targets IoT devices and Linux servers. 20% discount. Paper Copy.

Security 238
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Security Affairs newsletter Round 226

Security Affairs

The best news of the week with Security Affairs. Russia-linked STRONTIUM APT targets IoT devices to hack corporate networks. American Insurance firm State Farm victim of credential stuffing attacks. The post Security Affairs newsletter Round 226 appeared first on Security Affairs. Once again thank you!

Security 209
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Have board directors any liability for a cyberattack against their company?

Security Affairs

Add to that, there is the risk of penalties and fines (which are not insurable in most jurisdictions) not only under privacy and data protection regulations but also on the basis of cybersecurity regulations that are now proliferating. What should directors do if a cyberattack happens to the company? there could be reputational damage.

Insurance 357
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MY TAKE: Can Hollywood’s highly effective ‘source-code’ security tools help make IoT safe?

The Last Watchdog

Related: HBO hack spurs cyber insurance market. And over the years they’ve also financed security breakthroughs – at the source-code level. These security breakthroughs have not received much mainstream attention. But Hollywood has shelled out multi millions to support the advance of source-code security.

IoT 133
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French pharmaceuticals distribution platform Apodis Pharma leaking 1.7+ TB of confidential data

Security Affairs

Apodis Pharma is a company that offers a digital supply chain management platform and other software solutions created for pharmacies, healthcare institutions, pharmaceutical laboratories, and health insurance companies. We then reached out to CERT France on October 29 in order to help secure the database. Pierluigi Paganini.