Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

It’s no secret that loss control programs are essential for cyber insurance. Unlike other forms of insurance where the risk and assets don’t change much during a policy term, cyber insurance is meant to mitigate a constantly evolving risk and cover organizations whose security posture is always changing. A cyber insurance policy could be priced completely differently today compared to a few weeks or months later.

The FTX crypto disaster is a great lesson in risk management. It brings into focus the importance of knowing where your valuables are and how they are being managed.

Third party cyber risk can be a lot like the wild wild west - it’s hard to predict where your next loss will come from. We know that third-party cyber events can lead to millions of dollars of loss revenue, remediation costs, regulatory fines & more. That’s why Kovrr has made significant updates to their platform to help put a financial quantification on risk derived from your organization’s third parties.

When discussing cybersecurity, “penetration testing” and “red teaming” are two terms that are often used interchangeably but are two entirely separate concepts. If you are considering implementing additional cybersecurity protocols within your organization, it’s essential to understand the unique role and function of each of these processes and how they can benefit your organization.

SecurityScorecard, the global leader in cybersecurity ratings, commented on the Federal Energy Regulatory Commission’s (FERC or “Commission”) proposal to establish rules for incentive-based rate treatments for certain voluntary cybersecurity investments by utilities. Cybersecurity is among the greatest threats to the resilience and reliability of America’s critical infrastructure, including its electricity infrastructure.

The cybersecurity landscape is constantly evolving. Criminals are always searching for new ways to compromise enterprise systems, looking for weaknesses in their security.