Insurance companies handle vast amounts of sensitive customer data such as personal information, financial records, and health details. As such, they must comply with strict data protection requirements. Failure to comply with these regulations can result in severe penalties, reputational damage, and loss of customer trust. In this article, you’ll learn about the best data protection practices for the insurance industry.

Context switching can be security’s worst enemy. Today’s security practices require developer buy-in, and when security teams require developers to deviate from their established workflows to address issues, adoption becomes far less likely. To truly empower developers to find and fix vulnerabilities within their code, security teams must shift security even further left. It’s not enough to simply provide user-friendly tools and training around them.

New research shows that less malicious emails are getting past security scanners to the inbox, but also provides details about how phishing emails are becoming increasingly dangerous. So much of our training is centered around elevating the employee’s state of cyber awareness so that when they do come across that sketchy email or that too good to be true web page, they know better. But it’s only one part of a larger cybersecurity effort within an organization.

The Digital Operational Resilience Act (DORA) is a regulation that strengthens digital security among financial institutions in the European Union (EU). Although DORA came into effect in 2023, it will be fully adopted by all EU financial entities and third-party service providers of Information Communication Technologies (ICT) beginning in January 2025 to improve their defenses against potential cyber threats.

We are excited to announce that KnowBe4 has been named a leader in the Fall 2024 G2 Grid Report for Security Orchestration, Automation, and Response (SOAR) for the PhishER platform for the 14th consecutive quarter! The latest G2 Grid Report compares Security Orchestration, Automation, and Response (SOAR) Software vendors based on user reviews, customer satisfaction, popularity and market presence. Based on 318 G2 customer reviews, KnowBe4’s PhishER platform is the top ranked SOAR software.

In the ever-evolving landscape of cybersecurity, IT practitioners stand as the first line of defense against an increasingly sophisticated array of threats. Their role in safeguarding critical assets, data, and infrastructure has never been more crucial. But as the complexity and frequency of cyber attacks escalate, these professionals often find themselves overwhelmed by an ever-growing list of responsibilities and tasks.

In recent years, the digital asset market has experienced both explosive growth and sobering setbacks. The collapse of FTX in November 2022 highlighted a significant vulnerability within the crypto ecosystem – the inherent counterparty risk that emerges when exchanges serve as both trading venues and custodians, roles traditionally held separately to protect market participants.

In today’s digital age, the hospitality industry faces unique cybersecurity challenges that can significantly impact both guest experience and business operations. With the increasing reliance on technology for reservations, payments, and guest services, hotels, restaurants, and other establishments must prioritize robust cybersecurity measures. Here’s a closer look at the importance of cybersecurity in hospitality and strategies to enhance protection.

Third-party risk management (TPRM) is the structured process of identifying, assessing, and mitigating risks posed by external vendors, suppliers, and service providers. These risks can include cyber threats, data breaches, regulatory violations, and financial instability, all of which can severely impact your organization’s security and compliance posture.

Most computer systems and applications use passwords as a common authentication method. The simplest way to implement authentication is to store a list of all valid passwords for each user. The downside of this method is that if the list is compromised, the attacker will know all the user passwords. A more common approach is to store the cryptographic hash value of the password phrase.