Zero Trust: Better Cybersecurity Insurance and Lower Healthcare Costs

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HardBit ransomware tailors ransom to fit your cyber insurance payout

Ransomware authors are wading into the cybersecurity insurance debate in a somewhat peculiar way. Specifically: urging victims to disclose details of their insurance contract, in order to tailor a ransom which will be beneficial to the company under attack. HardBit 2.0: dismantling a device piece...

A week in security (October 7 – 13)

Last week on Malwarebytes Labs, we peered into the possible future of cybersecurity insurance, described the process for securing today’s managed service provider, and provided an in-depth explainer on the business espionage tactic known as “war shipping.” Further, in considering the intersection...

On Cybersecurity Insurance

Good paper on cybersecurity insurance: both the history and the promise for the future. From the conclusion: Policy makers have long held high hopes for cyber insurance as a tool for improving security. Unfortunately, the available evidence so far should give policymakers pause. Cyber insurance...

Creating a Cyber Insurance Policy

According to research from PartnerRe and Advisen, the global cyber-insurance market is currently worth $2 billion a year, a number which is expected to double by 2020.With 60% of underwriters and brokers seeing a significant demand in cyber-insurance from customers, there is clearly a great...

A Closer Look At Security Insurance

An inside look at a California-based engineering company defrauded by an online banking Trojan, automated clearing house transfers, East-coast based money mules, yet the company was holding a cybersecurity insurance policy and looks to recover all of its stolen funds. Read the full article...