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Changes Continue in Cyber Insurance

Pure Storage

Changes Continue in Cyber Insurance by Pure Storage Blog An ounce of prevention is worth a pound of cure certainly applies to physical health. Prevention begins with having a robust cybersecurity plan in place, along with sufficient insurance to manage risk. In 2010, cyber insurance premiums totaled a mere $600,000.

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Cybersecurity in healthcare: How MSPs help safeguard patient data

Online Computers

Patient data, containing sensitive information ranging from medical histories to insurance details, has become a lucrative target for cybercriminals. Every piece of data, from medical records and treatment plans to billing and insurance details, contributes to a comprehensive understanding of the patient's health history.

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3 Real-Life Cybersecurity Incidents… and What They Can Teach You

NexusTek

READ TIME: 4 MIN February 8, 2023 3 Real-Life Cybersecurity Incidents… and What They Can Teach You Before getting into the gritty details, let us first acknowledge that no one—be it an individual or a business—likes being “made an example of” in front of an audience. Our cybersecurity experts can help.

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Cyber Insurance 101: 5 Things Senior Management Needs to Know

Reciprocity

Hence cyber insurance has become a lucrative product for insurance companies, and a must-have for businesses that want to offset the costs of attack-inflicted damage. What Is Cyber Insurance and Why Do You Need It? Cyber insurance costs can vary due to a number of factors. What You Need to Know About Cyber Insurance.

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Ransomware Attacks Leave Businesses Around the World Reeling

LAN Infotech

Hackers are progressively creating more aggressive malware that locks everyone out of organizations’ data or systems unless they agree to pay a ransom. Businesses have no option but to reevaluate their cybersecurity procedures , policies, and defense. Insurance carrier. The Changing Face of Ransomware Attacks. Legal team.

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Cyberrisk Management Tips for Businesses Amid the Russia-Ukraine War

Risk Management Monitor

Attacks attributed to Russia have been launched against a range of targets in Ukraine, including new destructive malware campaigns , targeted information-gathering against a range of civilian and government targets, and attacks on critical infrastructure. Evaluate and if possible, test your business continuity plans.

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The State of Security in 2024: The Bad Guys Love AI Too

Pure Storage

Novice attackers even use ChatGPT to write malware. Cyber insurance could get shaky. Risk assessment in the cyber insurance world is a moving target, something that underwriters don’t like very much. They can create convincing phishing emails in ChatGPT, based on personal and company data they gather using generative AI.

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