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Group-IB and CryptoIns introduce the world’s first insurance against cyber threats for cryptocurrency exchanges

Security Affairs

Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. According to CryptoIns analysts, the crypto assets insurance market is expected to reach $7 billion by 2023. Why do crypto exchanges’ users need insurance?

Insurance 232
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Medical Debt Collection Firm R1 RCM Hit in Ransomware Attack

Krebs on Security

The “RCM” portion of its name refers to “revenue cycle management,” an industry which tracks profits throughout the life cycle of each patient, including patient registration, insurance and benefit verification, medical treatment documentation, and bill preparation and collection from patients.

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GUEST ESSAY: Cyber insurance 101 — for any business operating in today’s digital environment

The Last Watchdog

To help mitigate the risk of financial losses, more companies are turning to cyber insurance. Related: Bots attack business logic Cyber insurance, like other forms of business insurance, is a way for companies to transfer some of numerous potential liability hits associated specifically with IT infrastructure and IT activities.

Insurance 222
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Security Affairs newsletter Round 311

Security Affairs

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. The post Security Affairs newsletter Round 311 appeared first on Security Affairs. Follow me on Twitter: @securityaffairs and Facebook.

Security 254
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Crypto Bug Uncovers 'WannaCry 2.0' Clues

Data Breach Today

The latest edition of the ISMG Security Report features an analysis of how a cryptocurrency exchange bug has revealed North Korean Monero laundering. Also featured are cyber insurance trends and cybercrime innovation.

Insurance 278
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The Impact of Remote Work and Cloud Migrations on Security Perimeters

Security Affairs

Cloud Security Challenges However, adopting cloud computing significantly expanded the attack surface for businesses, effectively dissolving the traditional network perimeter. This shift introduced new vulnerabilities, and conventional security measures designed to protect a well-defined, centralized perimeter were no longer enough.

Cloud 323
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Cyber and data privacy insurance trends in an era of increased regulation via Reuters

IG Guru

Check out the article here The post Cyber and data privacy insurance trends in an era of increased regulation via Reuters first appeared on IG GURU.