In the past 18 months, video game developer Epic Games has paid more than $3 million to hundreds of hackers online.
Tag: cybersecurity
SEC to Consider New Cybersecurity Rules for Financial Firms
Brokers and asset managers would have to notify their customers of data breaches as part of a raft of cybersecurity-related rules the SEC is set to vote on today.
Biden National Cyber Strategy Seeks to Hold Software Firms Liable for Lack of Security
The Biden administration said it would pursue legislation to hold software companies accountable for selling technology that lacks cybersecurity safeguards.
Ransomware Attacks Decline as New Defenses, Countermeasures Thwart Hackers
Extortion payments from ransomware fell significantly last year, according to federal officials, cybersecurity analysts and blockchain firms.
Report: Cybersecurity Decisions A Priority for Startups
Start-up founders remain laser-focused on advancing their cybersecurity protections now and in the future.
Cybersecurity Survey Finds Many Companies Not Ready for a Breach
According to a new Pillsbury report titled Cybersecurity: Confidence or Crisis?, many businesses are unprepared for the data protection challenges that lie ahead.
Cyber Incidents Targeting SMBs Dropped Slightly
Cybersecurity incidents aimed at small businesses increased by 61 percent between the pandemic years 2020 and 2021, but have since dropped slightly.
Study Finds Significant Correlation Between Cybersecurity Ratings and Incidents
Study shows deficiencies in cybersecurity performance increase an organization’s risk of experiencing a cybersecurity incident, whereas strong performance implies a lower risk of an incident occurring.
Cybersecurity Top Investment Priority in 2023 for CIOs
Chief information officers have stated that cybersecurity will be their top investment priority in 2023, demonstrating how businesses are racing to manage the business risk posed by escalating threats. Companies are facing an increase in cyberattacks, such as the 2021 Colonial Pipeline ransomware attack, which impacted fuel distribution in the eastern United States. This month,… Continue reading Cybersecurity Top Investment Priority in 2023 for CIOs
Measured Analytics and Insurance Launches AI-Powered Excess Cyber Coverage for SMBs
Measured Analytics and Insurance, the industry’s leading AI-powered cyber insurance provider, has announced its intention to enter the excess cyber insurance market in order to provide more capacity in the cyber coverage marketplace. Measured’s excess policy was built in partnership with brokers, based on their valuable feedback,” Nick Little, Head of Insurance, commented, “best-in-class underwriting… Continue reading Measured Analytics and Insurance Launches AI-Powered Excess Cyber Coverage for SMBs