Remove Insurance Remove Malware Remove Security
article thumbnail

Cowbell raises $100M to build out its AI-based cyber insurance platform for SMBs

TechCrunch

Cybercrime is on the rise, and today an insurance startup that’s built an artificial intelligence-based platform to help manage the risks from that is announcing a big round of funding to meet the opportunity. “Underwriting cyber insurance for SMEs is a more dire prospect than for large enterprises,” he said.

Insurance 260
article thumbnail

Triaging modern medicine’s cybersecurity issues

The Parallax

Hackers often talk about practicing good “cybersecurity hygiene” : making sure that basic standards, such as using unique passwords for each log-in, are met. This breadth of information can be much more valuable on the black market—sometimes up to $30 per record—than the typical consumer financial profile , which sells for $10 to $12.

Security 189
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cybersecurity Snapshot: New Guide Details How To Use AI Securely, as CERT Honcho Tells CISOs To Sharpen AI Security Skills Pronto

Tenable

1 - Using AI securely: Global cyber agencies publish new guide Is your organization – like many others – aggressively adopting artificial intelligence to boost operational efficiency? If so, you might want to check out a new guide published this week about how businesses can use AI securely. So says the U.K.

article thumbnail

Prepare for The Cyber Threat : What Executives Need to Know to Manage Risk

CTOvision

Cybersecurity is one of the most high-profile topics for organizations today and one of their biggest sources of risk. Available data suggest that 84% of corporations have malware on their networks. Building a Culture of Security: Do all our employees understand their role in cyber security? By Matt Southmayd.

Security 161
article thumbnail

Ransomware attacks against hospitals: A timeline

The Parallax

Hospitals and health care systems, now in the business of collecting patient data as a side effect of treating physical maladies, struggle to keep that information secure. Cybersecurity researchers at Cylance estimated that the number of ransomware attacks tripled in 2017.

Security 154
article thumbnail

Extra Crunch roundup: ‘Nightmare’ security breach, Poshmark’s IPO, crypto boom, more

TechCrunch

The breach of FireEye and SolarWinds by hackers working on behalf of Russian intelligence is “the nightmare scenario that has worried cybersecurity experts for years,” reports Zack Whittaker. 2020 was a disaster, but the pandemic put security in the spotlight. Stage Light on Black. Image Credits: Fotograzia / Getty Images.

Retail 263
article thumbnail

Will Anyone Be Able to Get Cyber Liability Insurance Moving Forward?

Kaseya

Plus, with the rapid rise of the BYOD culture in the workplace and thousands of personal devices connecting to corporate networks, the chances of malware attacks are only getting higher. insurance giant, CNA Financial Corporation, was attacked by the ransomware group Phoenix and ended up paying a ransom of $40 million.

Insurance 111