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Cyber Insurance News

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What to Expect in 2022 for Cyber Insurance? A Little Less Conversation and a Lot More Action… Cyber Insurance Best Practices
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As if online predators and the adverse effects of social media on children’s development weren’t enough to keep parents awake at night, the digital age has added a new nightmare to the list: identity theft. Children’s personal information is increasingly exposed online. As you can imagine, criminals are exploiting their digital footprints to commit fraud, leaving families to deal with long-term financial and emotional fallout.

Beyond Social Media’s Risks: Identity Theft Targets Kids Online

Small business cybersecurity and insurance can leave many business owners scratching their heads, wondering what to do. In this episode of the Cyber Insurance News podcast, our Executive Editor, Martin Hinton, speaks with Jason Makevich, founder and CEO of Greenlight Cyber, about the critical intersection of small business, cybersecurity, and insurance. They discuss the significant vulnerability of small businesses to cyber threats, the misconceptions surrounding IT and cybersecurity, and the importance of understanding various cyber risks, particularly ransomware and phishing. The conversation emphasizes the need for a cultural shift within organizations to prioritize cybersecurity, the role of cyber insurance in enhancing business resilience, and the importance of choosing the right cybersecurity partners. They also touch on the need for national cybersecurity standards and the potential for tax incentives to encourage small businesses to invest in their cyber defenses.
00:00 Introduction to Cyber Insurance and Small Business Vulnerability
03:11 Understanding Cybersecurity as a Business Risk
06:02 The Mindset of Small Business Owners
09:07 Types of Cyber Threats Facing Small Businesses
12:02 The Low Barrier of Entry for Cyber Criminals
15:09 Cultural Shifts in Cybersecurity Awareness
17:46 Investing in Cyber Resiliency
21:12 The Role of Cyber Insurance
24:11 Due Diligence in Cybersecurity Partnerships
26:54 The Need for National Cybersecurity Standards
29:57 The Scale Cost and Toll of Cyber Crime
33:13 Last Thoughts

Discussing Small Business Cybersecurity With Jason Makevich, Ep 1 Cyber Insurance News Podcast

We've reported that human error is often at the root of cyberattacks and scams. From weak passwords to careless clicks, people are the weakest link in cyber defense. And if behavioral psychology can boost sales in legitimate businesses, why not in crime? Like stores use your desire for a bargain to take you from your cash, cybercriminals have learned how to exploit the same psychology to access your devices.

We've all heard the saying, "Fool me once, shame on you. Fool me twice, shame on me." But what if the person fooling you is yourself—and it's happening repeatedly? @gendigitalinc Q3 Threat Report shows how cybercriminals use psychological manipulation to make people unknowingly compromise their own devices. These "Scam-Yourself Attacks" increased by an astounding 614% in just one quarter. The report lays bare a new era of cyber trickery that preys on human error.

Our takeaways are as follows; you can get the whole report at the link on our website, https://cyberinsurancenews.org/scam-yourself-attacks-how-cybercriminals-turn-victims-into-their-own-hackers/.

Scam-Yourself Attacks: How Cyberattacks And Cybercriminals Scams Turn Victims Into Their Own Hackers

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Cyber Insurance Books
Cyber Insurance Reports & Documents
Cyber Insurance Acronyms/Terms
Cyber Insurance Companies: Carriers, Brokers & Vendors
Industry Response: Potential Federal Insurance Response to Catastrophic Cyber Incidents
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Considerations for Buying Cyber Insurance
Cyber Liability Insurance Near Me
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About Cyber Insurance News
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Glossary
Legal Analysis & Full Text of 2023 SEC Rule: Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure
Glossary

First Cybersecurity “Rent-A-Captive” Cyber Insurance Best Practices
AIG: We’re Reducing Cyber Insurance Coverage Limits as Our Premiums Jump 40% Cyber Insurance Premiums
Correction Coming in Cyber Insurance Premiums: Tokio Marine Cyber Insurance Premiums
Tailored Cybersecurity Practices Can Lower Insurance Costs, Gallagher Re Report Cyber Insurance
AttackIQ and Trium Cyber Forge Global Partnership to Fortify Policyholder Cybersecurity Defenses Cyber Insurance
Ransomware “Warranty” Offered by Rubrik; Will It Help With Cyber Insurance? Cyber Insurance
Protos Labs Raises $3 Million – Seeks to Revolutionize Cyber Insurance and Risk Management Cyber Insurance Investments and M&A
Ransomware Payments Down & Cyber Insurance Played Important Role Cyber Insurance Best Practices

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