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Cyber Insurance News

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  • Cyber Insurance Sunday – Upload Cyber Insurance Sunday - Upload
  • Sompo International appoints Jérôme Gossé as Head of Cyber Insurance, Continental Europe Cyber Insurance People
  • Coalition Touts New AI Tools for Cyber Insurance  Cyber Insurance Best Practices
  • As Lloyd’s Refuses to Cover National-State Attacks, Survey Reports High Levels of Such Cyberattacks  Cyber Insurance Best Practices
  • Cyber Insurance Industry Presents New Opportunities for Tech Service Providers, Says Info-Tech Cyber Insurance
  • Howden Partners with Chubb, LSM, Mosaic, and Safe Security to Launch Howden Safe+, Cyber Insurance for Mid-Size Corporations Cyber Insurance for SMEs/SMBs
  • Majority of EU Companies Unprepared for Looming NIS2 Cybersecurity Deadline, Veeam Survey Reveals Cybersecurity
  • Cyber Security Insurance For Small Business. What to Know. Small Business
  • Cyber Insurance Sunday – Upload Cyber Insurance Sunday - Upload
  • Sompo International appoints Jérôme Gossé as Head of Cyber Insurance, Continental Europe Cyber Insurance People
  • Coalition Touts New AI Tools for Cyber Insurance  Cyber Insurance Best Practices
  • As Lloyd’s Refuses to Cover National-State Attacks, Survey Reports High Levels of Such Cyberattacks  Cyber Insurance Best Practices
  • Cyber Insurance Industry Presents New Opportunities for Tech Service Providers, Says Info-Tech Cyber Insurance
  • Howden Partners with Chubb, LSM, Mosaic, and Safe Security to Launch Howden Safe+, Cyber Insurance for Mid-Size Corporations Cyber Insurance for SMEs/SMBs
  • Majority of EU Companies Unprepared for Looming NIS2 Cybersecurity Deadline, Veeam Survey Reveals Cybersecurity
  • Cyber Security Insurance For Small Business. What to Know. Small Business

Option3 Appoints Karl P. Kilb III as Chief Strategy Officer for ENIGMA Zero Trust Platform

Posted on December 9, 2024December 9, 2024 By Martin Hinton No Comments on Option3 Appoints Karl P. Kilb III as Chief Strategy Officer for ENIGMA Zero Trust Platform

Option3, a cybersecurity private equity firm, has named Karl P. Kilb III as Chief Strategy Officer (CSO) for its ENIGMA Zero Trust platform. He brings over 30 years of experience,…

Read More “Option3 Appoints Karl P. Kilb III as Chief Strategy Officer for ENIGMA Zero Trust Platform” »

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Cyber Insurance News

Cyber Insurance News
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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    • Attack on Metropolitan Opera: Overture for Increased Targeting of Cultural Non-profits?  Cyber Insurance Best Practices
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