From a cybersecurity perspective, there are only two types of companies: those that have been hacked and those that will be hacked. If all…
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insurance
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HackingNewsSecurity
US cyber insurance claims spike amid ransomware, funds transfer fraud, BEC attacks
The frequency and severity of cyber insurance claims rose for businesses in the first half of 2023 amid ransomware, funds transfer fraud (FTF), and…
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The time and effort required to obtain cyber insurance is increasing significantly for US organizations, with the number of companies requiring six months or…
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Cyber insurance is now the norm, according to new research. A survey from Sophos finds 91% of organizations report having coverage. An additional 8% said…
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The University of California has filed a lawsuit against insurance marketplace Lloyd’s of London. It claims that the company has refused to reimburse the…
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With the explosion of generative AI programs such as ChatGPT, DALL-E, and Bing, it’s becoming easier to create convincing deepfakes that sound, look, move,…