SafeBreach recently held its second annual Validate Summit at The Star in Frisco, Texas, where SafeBreach customers, cybersecurity experts, and influencers explored how enterprises can stay ahead of risk and safeguard their critical business assets from inevitable cyberattacks by implementing proactive security practices. One hot topic was communicating security risk to the board.

Shifts in the threat landscape have caused cyber insurance providers to rethink how they offer and price their coverage. The result has been stricter underwriting requirements, more exclusions within coverage, and a dramatic increase in premiums. Tougher underwriting requirements have also put pressure on security and risk leaders to more thoroughly validate their security controls as enterprises are applying for, or renewing, their coverage.

In the ever-evolving realm of cybersecurity, it’s critical for businesses to stay ahead of the curve to ensure the safety of their sensitive data and infrastructure. By implementing proactive and continuous testing of the deployed security controls, teams can optimize their preparedness against advanced threats. It’s no surprise, then, that attack surface management has emerged as a potential solution.

On July 6th, the Cybersecurity and Infrastructure Security Agency (CISA), the Federal Bureau of Investigation (FBI), the Multi-State Information Sharing and Analysis Center (MS-ISAC), and the Canadian Centre for Cyber Security (CCCS) released an advisory highlighting the newly identifying Truebot malware variants. Truebot (also known as Silence Downloader) is a botnet that has been used by the CL0P ransomware gang to collect and exfiltrate stolen target victim information.