Tag: insurance
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Risiken bei der Wiederherstellung nach Ransomware-Angriffen
Tags: alphv, authentication, backup, ceo, ciso, crowdstrike, cyber, cyberattack, DSGVO, encryption, extortion, incident response, infrastructure, insurance, lockbit, mfa, ransomware, resilience, risk, risk-management, service, tool, updateDie Zahlung des Lösegelds nach einer Ransomware-Attacke ist keine Garantie für eine reibungslose oder gar erfolgreiche Wiederherstellung der Daten.Zwei von fünf Unternehmen, die Cyberkriminellen für die Entschlüsselung von Ransomware bezahlen, können ihre Daten nicht wiederherstellen. Das hat eine weltweite Umfrage des Versicherungsanbieters Hiscox unter 1.000 mittelständischen Unternehmen ergeben.Die Ergebnisse zeigen, dass Ransomware nach wie vor…
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The Cyber Insurance Crunch: Turning Rising Premiums Into Security Wins
Cyber insurance is no longer just a safety net; it’s a catalyst for change. With premiums climbing and coverage shrinking, insurers are forcing organizations to modernize security operations, embrace AI-driven risk quantification, and tighten governance. Here’s how forward-looking leaders are turning insurance pain into long-term resilience. First seen on securityboulevard.com Jump to article: securityboulevard.com/2025/10/the-cyber-insurance-crunch-turning-rising-premiums-into-security-wins/
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The Cyber Insurance Crunch: Turning Rising Premiums Into Security Wins
Cyber insurance is no longer just a safety net; it’s a catalyst for change. With premiums climbing and coverage shrinking, insurers are forcing organizations to modernize security operations, embrace AI-driven risk quantification, and tighten governance. Here’s how forward-looking leaders are turning insurance pain into long-term resilience. First seen on securityboulevard.com Jump to article: securityboulevard.com/2025/10/the-cyber-insurance-crunch-turning-rising-premiums-into-security-wins/
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Ransomware recovery perils: 40% of paying victims still lose their data
Tags: access, attack, authentication, backup, breach, business, ceo, crypto, cyber, cybersecurity, data, data-breach, encryption, extortion, finance, GDPR, group, incident response, insurance, leak, mfa, privacy, ransom, ransomware, resilience, risk, risk-management, service, threat, updateAdditional recovery pressures: Modern ransomware attacks now routinely involve double or triple extortion whereby attackers threaten to leak stolen data or launch distributed denial of service (DDoS) attacks even after payment.This fundamentally changes the calculus on what victims can expect in cases where they decide to make a ransomware payment, which more often than not…
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Ransomware recovery perils: 40% of paying victims still lose their data
Tags: access, attack, authentication, backup, breach, business, ceo, crypto, cyber, cybersecurity, data, data-breach, encryption, extortion, finance, GDPR, group, incident response, insurance, leak, mfa, privacy, ransom, ransomware, resilience, risk, risk-management, service, threat, updateAdditional recovery pressures: Modern ransomware attacks now routinely involve double or triple extortion whereby attackers threaten to leak stolen data or launch distributed denial of service (DDoS) attacks even after payment.This fundamentally changes the calculus on what victims can expect in cases where they decide to make a ransomware payment, which more often than not…
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Oracle October 2025 Critical Patch Update Addresses 170 CVEs
Oracle addresses 170 CVEs in its final quarterly update of 2025 with 374 patches, including 40 critical updates. Background On October 21, Oracle released its Critical Patch Update (CPU) for October 2025, the fourth and final quarterly update of the year. This CPU contains fixes for 170 unique CVEs in 374 security updates across 29…
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How Ransomware’s Data Theft Evolution is Rewriting Cyber Insurance Risk Models
Ransomware has evolved from encryption to data theft. Learn how AI-driven attacks and breach data are reshaping cyber insurance risk models and pricing. First seen on securityboulevard.com Jump to article: securityboulevard.com/2025/10/how-ransomwares-data-theft-evolution-is-rewriting-cyber-insurance-risk-models/
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How Ransomware’s Data Theft Evolution is Rewriting Cyber Insurance Risk Models
Ransomware has evolved from encryption to data theft. Learn how AI-driven attacks and breach data are reshaping cyber insurance risk models and pricing. First seen on securityboulevard.com Jump to article: securityboulevard.com/2025/10/how-ransomwares-data-theft-evolution-is-rewriting-cyber-insurance-risk-models/
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5 Ways CISOs can turn GRC into a profit center, not a cost center
For years, Governance, Risk, and Compliance (GRC) has been viewed as a necessary expense, an insurance policy for when things go wrong. But a new generation of CISOs is proving that when managed strategically, GRC can do far more than protect. It can unlock growth, accelerate deals, and strengthen customer trust. In the latest Strategic…The…
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New York secures $14 million in fines from 8 car insurance companies after data breaches
Car insurance price-quote tools that auto-populated with people’s sensitive data allowed cybercriminals to commit fraud elsewhere, New York’s state government said in announcing fines against several companies. First seen on therecord.media Jump to article: therecord.media/auto-insurance-companies-fined-ny-state-pre-fill-data-breaches
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New York secures $14 million in fines from 8 car insurance companies after data breaches
Car insurance price-quote tools that auto-populated with people’s sensitive data allowed cybercriminals to commit fraud elsewhere, New York’s state government said in announcing fines against several companies. First seen on therecord.media Jump to article: therecord.media/auto-insurance-companies-fined-ny-state-pre-fill-data-breaches
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itSpecial
Agentforce im Privacy Center Salesforce Ivanti hat Connect Secure generalüberholt: Ivanti hat auf der it-sa die Version 25.X von Ivanti Connect Secure (ICS) vorgestellt. Nach den Sicherheitsvorfällen zu Beginn des Jahres wurde die VPN-Software nun laut Hersteller nach dem Prinzip ‘Security by Design” neu entwickelt. Dazu gehören ein moderner Webserver und eine Web Application Firewall…
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itSpecial
Agentforce im Privacy Center Salesforce Ivanti hat Connect Secure generalüberholt: Ivanti hat auf der it-sa die Version 25.X von Ivanti Connect Secure (ICS) vorgestellt. Nach den Sicherheitsvorfällen zu Beginn des Jahres wurde die VPN-Software nun laut Hersteller nach dem Prinzip ‘Security by Design” neu entwickelt. Dazu gehören ein moderner Webserver und eine Web Application Firewall…
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itSpecial
Agentforce im Privacy Center Salesforce Ivanti hat Connect Secure generalüberholt: Ivanti hat auf der it-sa die Version 25.X von Ivanti Connect Secure (ICS) vorgestellt. Nach den Sicherheitsvorfällen zu Beginn des Jahres wurde die VPN-Software nun laut Hersteller nach dem Prinzip ‘Security by Design” neu entwickelt. Dazu gehören ein moderner Webserver und eine Web Application Firewall…
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Cyber risk a growing priority among insurance and asset management firms
A report by Moody’s shows an emphasis on board-level oversight and spending in order to boost cyber resilience. First seen on cybersecuritydive.com Jump to article: www.cybersecuritydive.com/news/cyber-risk-a-growing-priority-among-insurance-and-asset-management-firms/802453/
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The ultimate business resiliency test: Inside Kantsu’s ransomware response
set up a new group email system and secure emergency contact pointsestablish a dedicated contact point for business partners to handle inquiriesprohibit internal internet accesscheck the operational status of major systemsAll shipping operations came to a halt. The company explained the situation to all employees at 9:00 a.m., and began assessing the damage and taking…
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The ultimate business resiliency test: Inside Kantsu’s ransomware response
set up a new group email system and secure emergency contact pointsestablish a dedicated contact point for business partners to handle inquiriesprohibit internal internet accesscheck the operational status of major systemsAll shipping operations came to a halt. The company explained the situation to all employees at 9:00 a.m., and began assessing the damage and taking…
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The ultimate business resiliency test: Inside Kantsu’s ransomware response
set up a new group email system and secure emergency contact pointsestablish a dedicated contact point for business partners to handle inquiriesprohibit internal internet accesscheck the operational status of major systemsAll shipping operations came to a halt. The company explained the situation to all employees at 9:00 a.m., and began assessing the damage and taking…
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Rainwalk Pet Insurance Exposes 158 GB of US Customer and Pet Data
A misconfigured database belonging to a pet insurance company, “Rainwalk Pet Insurance,” exposed sensitive PII and veterinary claim data. The data exposure reveals new fraud tactics, including microchip and reimbursement scams. First seen on hackread.com Jump to article: hackread.com/rainwalk-pet-insurance-158-gb-customer-pet-data/
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Despite More CVEs, Cyber Insurers Aren’t Altering Policies
With nearly 47,000 CVEs expected by the end of the year, organizations must balance comprehensive vulnerability management with strategic cyber insurance policy selection to effectively navigate this rapidly evolving threat landscape. First seen on darkreading.com Jump to article: www.darkreading.com/cyber-risk/more-cves-cyber-insurers-arent-altering-policies
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There Are More CVEs, But Cyber Insurers Aren’t Altering Policies
With nearly 47,000 CVEs expected by the end of the year, organizations must balance comprehensive vulnerability management with strategic cyber insurance policy selection to effectively navigate this rapidly evolving threat landscape. First seen on darkreading.com Jump to article: www.darkreading.com/cyber-risk/more-cves-cyber-insurers-arent-altering-policies
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Millions impacted by data breaches at insurance giant, auto dealership software firm
Car dealership software developer Motility said it suffered from a ransomware attack where the hackers encrypted servers that support the company’s business operations. First seen on therecord.media Jump to article: therecord.media/millions-impacted-by-data-breaches-insurance-car-dealership-software
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US Auto Insurance Platform ClaimPix Leaked 10.7TB of Records Online
Cybersecurity researcher Jeremiah Fowler discovered a massive 10.7TB ClaimPix leak exposing 5.1M customer files, vehicle data, and Power of Attorney documents. Read the full details. First seen on hackread.com Jump to article: hackread.com/us-auto-insurance-claimpix-leaked-10tb-records/
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JLR tentatively restarts production, following £1.5bn government backing
Jaguar Land Rover is to resume car production after a £1.5bn government loan guarantee amid its cyber attack fallout. Debate is growing over the bailout and insurance First seen on computerweekly.com Jump to article: www.computerweekly.com/news/366632149/JLR-tentatively-restarts-production-following-15bn-government-backing
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Cyber insurance could greatly reduce losses from diversification, mitigation measures
A report by CyberCube shows the global market is heavily concentrated in the U.S. and would benefit from expanding into new segments and improving cyber hygiene. First seen on cybersecuritydive.com Jump to article: www.cybersecuritydive.com/news/cyber-insurance-reduce-losses-diversification/761128/
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Demand for UK government debt falls as political risks spook bond market as it happened
UK bond yields have risen today, as an auction of government debt received only weak demand. Economists blame policy uncertainty.<ul><li><a href=”https://www.theguardian.com/business/2025/sep/25/co-op-says-malicious-cyber-attack-has-hit-profits-by-80m”>Co-op says ‘malicious’ cyber-attack has hit profits by £80m</li></ul><strong><br></strong><strong>The Co-op Group expects that its cyber-attack will wipe out £120m of profits for the full financial year, including <a href=”https://www.theguardian.com/business/live/2025/sep/25/co-op-cyber-attack-cost-it-80m-profits-loss-government-support-jlr-suppliers-business-live-news?page=with%3Ablock-68d4d9c68f0892d6aebab4ed#block-68d4d9c68f0892d6aebab4ed”>the £80m already lost in the first…
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How to de-identify insurance claims and documents with Tonic Textual
Insurance claims and documents contain sensitive PII that block these sources of data for use in AI and ML training initiatives. Tonic Textual can be used to de-identify sensitive entities, while retaining important context. First seen on securityboulevard.com Jump to article: securityboulevard.com/2025/09/how-to-de-identify-insurance-claims-and-documents-with-tonic-textual-2/
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Washington My Health My Data Act (MHMDA)
What is the Washington My Health My Data Act? The Washington My Health My Data Act (MHMDA) is a comprehensive privacy law enacted in 2023. Its purpose is to safeguard a broad category of sensitive information defined as “consumer health data”, which is not fully covered by the federal Health Insurance Portability and Accountability Act……
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Ransomware insurance losses spike despite fewer claims: Resilience
AI-powered phishing, “double extortion” tactics and insurance policy theft are fueling more destructive, costly ransomware attacks, the;cybersecurity firm said. First seen on cybersecuritydive.com Jump to article: www.cybersecuritydive.com/news/ransomware-insurance-losses-spike-claims-resilience-ai-phishing/759626/