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Changes Continue in Cyber Insurance

Pure Storage

Changes Continue in Cyber Insurance by Pure Storage Blog An ounce of prevention is worth a pound of cure certainly applies to physical health. Prevention begins with having a robust cybersecurity plan in place, along with sufficient insurance to manage risk. In 2010, cyber insurance premiums totaled a mere $600,000.

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Change Healthcare’s 2024 Data Breach: Key Risk Management Lessons

LogisManager

The root cause of the contagion was traced to inadequate oversight of third-party integrations, a vulnerability that could have been mitigated with stronger governance and continuous monitoring. The breach cascaded across Change Healthcare’s partners, including healthcare providers, insurers, and pharmaceutical companies.

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The Best Governance, Risk, and Compliance Software to Consider

Solutions Review

Solutions Review’s listing of the best governance, risk, and compliance software is an annual mashup of products that best represent current market conditions, according to the crowd. To make your search a little easier, we’ve profiled the best governance, risk, and compliance software all in one place. Platform: Enablon.

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What Is Cyber Extortion? Tips for Securing Your Data

Pure Storage

This form of cybercrime has surged as the digital landscape grows increasingly interconnected, with businesses, governments, and individuals becoming prime targets. Also, cyber insurance premiums have risen dramatically as insurers face increasing claims, further straining budgets. Businesses sometimes spend upwards of $1.4

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Increasing the Pace and Scale of Community Wildfire Mitigation

National Fire Protection Association

Convening these experts was a key step in developing an overarching strategy to spread mitigation throughout the millions of homes and thousands of communities in wildfire-prone areas of the U.S. The summit participants’ discussions and recommendations will be summarized and shared in a report to be issued later this month.

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How Banks Can Prepare for the FDIC’s Proposed Standards

LogisManager

In what is seen as a significant shift, the Proposed Standards will move away from the reliance on state law in favor of establishing governance and oversight obligations for banks. The first line of defense, typically the business units, can use the software to conduct risk assessments, document risks, and develop mitigation plans.

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Data Protection Predictions from Experts for 2025

Solutions Review

From advancements in AI-powered risk mitigation to new paradigms in regulatory compliance, these predictions provide actionable perspectives to help organizations navigate the complexities of 2025. Cyber Liability insurance will increasingly require a privacy audit.