Cyber Insurance Premiums Are Declining, Howden Insurance Brokers Report Finds

Cyber Insurance Premiums Are Declining, Howden Insurance Brokers Report Finds

Improved cyber hygiene among businesses has led to a reduction in cyber insurance premiums by 15% worldwide over the last two years, a new report from Howden Insurance Brokers has found. This is despite the fact that cyberthreats, particularly ransomware attacks, are becoming more prevalent. Awareness of cyber hygiene practices, like multifactor authentication, EDR and cloud backups, has grown significantly since 2022. Ransomware attacks have increased by 18% this year, according to Howden and NCC…

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Why context matters in the future of enterprise security

Why context matters in the future of enterprise security

In 2022, human error was responsible for 82% of all breaches, reinforcing a lingering problem across the cybersecurity landscape. CISOs can invest in the latest technologies and solutions to secure the perimeter, endpoints, and applications only to have human negligence open the proverbial door for bad actors. Enterprises often see employees as their greatest vulnerability and as being victims of outside threats, but sometimes the latter is not true. According to Gartner, over 90% of…

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Material cybersecurity breaches increased 25% in 2021

Material cybersecurity breaches increased 25% in 2021

Material cybersecurity breaches increased 25% in 2021 | Security Magazine This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more. This Website Uses…

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