Surge in ransomware attacks and the complex cybersecurity landscape – complicated by the growing adoption of remote work – are giving cyber insurance companies leverage to hike premiums at alarming rates. Here are three strategies to help you find keep costs affordable and get approved for coverage you need.
Cyber Security
Cyber criminals, state-sponsored hackers and even the occasional disgruntled employee are constantly looking to gain unauthorized access for a variety of purposes: theft of money, cyber espionage, personal information for sale or for use in scams, and damage to critical infrastructure for just a few of the most common.
So how does an organization mitigate an entire world full of continual cyber attacks? Just as buildings have a number of necessary elements of physical security: access control, cameras, alarms and so on; there are similar key elements of cyber security that are absolutely vital for just about any modern business.
It starts with identifying and closing the most common doors that attackers use. For example, phishing attacks on employees are far and away the most common initial point of entry. The breach of even a low-level employee account can quickly turn into an escalation in access privileges and the ability to reach sensitive information. This is also true of smart devices, which are generally more poorly secured than computers and phones.
In the last few years Apple and other browsers have essentially demanded that all certificate authorities gradually reduce the lifecycle of digital certificates. To be able to replace tens of, or even hundreds of thousands, of certificates in a compressed time frame, on a regular basis, is going to be nearly impossible without automation solutions.
530,000 Zoom accounts selling on dark web appear to be compromised by credential stuffing, using username and password combinations obtained from past breaches of other companies.
Ticketmaster executives have been brought in front of a Senate Judiciary Committee and claims now that a bot army were both purchasing tickets and attempting to breach the servers simultaneously.
Cybersecurity firm Kaspersky Lab has discovered an iOS malware variant spreading via an iPhone zero-click exploit in iMessage. Russia has accused the NSA of targeting the country’s diplomatic missions and Apple of providing backdoors.
The FBI obtained a court order to remove hackers’ web shells from the still-compromised Microsoft Exchange servers without informing the owners until the operation was concluded.
North Korea hackers breached South Korea’s Atomic Energy Research Institute using a VPN vulnerability. IssueMakersLab traced one IP address to state-backed Kimsuky.
Chinese hackers infiltrated Vatican's computer networks ahead of the high-profile talks between the Catholic Church and the Chinese government on the operations of the Church in China.
Capita is one of the biggest outsourcing services provider for the UK national government with about £6.5 billion in annual contracts. Cyber attack has raised concerns due to the company's relationships with the UK military, National Health Service (NHS) and numerous other government agencies.
Attacker exploiting new Intel chip vulnerability will need to go through multiple complex steps and have physical access to the device to gain full access to the system.










