Project 529, a tech company that helps reduce bicycle theft, established a bug bounty program to identify vulnerabilities in their software. But pretty soon, they received demands from a group for $20,000 and $100,000 without any evidence of the vulnerabilities. That's when Project 529's CEO remembered that she had cyber insurance with Coalition. Check out the case study to learn how we helped Project 529 avoid a costly social engineering scam and improve its cybersecurity posture: https://bit.ly/3Lj74ov
Coalition, Inc.’s Post
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🛡️ 𝐃𝐨𝐧'𝐭 𝐠𝐞𝐭 𝐜𝐚𝐮𝐠𝐡𝐭 𝐛𝐲 𝐭𝐡𝐞 𝒇𝒊𝒏𝒆 𝒑𝒓𝒊𝒏𝒕! Many buy-side firms are surprised to learn that #wirefraud is not covered under their cyber insurance policy. As it isn't classified as malware or a network intrusion, but rather as a specific social engineering event. Here comes the #part2 of our Q&A discussion with two subject-matter experts, Conduit Security's Ryan Castle, and Linedata's Justin Ryan, as they delve into the intricacies of #wirefraud for the buy-side and shed light on the crucial aspects you need to be aware of at https://bit.ly/3Vtzoed. #CyberPolicy #FinancialControl #CyberSecurity #LinedataProtect
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Our Continuous Hacking solution is the ideal AppSec choice for any industry, including banking, finance, technology, insurance, healthcare and transportation. Managing vulnerabilities becomes easier as you can learn about the security issue, its severity and location, prioritize it, assign it to your team and even get remediation suggestions from our hackers. Get to know our platform here. Get to know our platform and start your 21-day free trial now 🔗https://lnkd.in/e-ARe4yq #DevSecOps #Cybersecurity #SecurityTesting #ApplicationSecurity #AppSec #ContinuousHacking
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This article is an excellent summary and timeline...so far. Everyone should read it, as there are learnings for everyone. One major takeaway: The impact of this breach isn't over yet. #cyber #cybersecurity #infosec #informationsecurity #ciso #theprofessionalciso https://lnkd.in/d77RmJ5f
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DC Thomson recognised the need for a secure and robust backup system with #ImmutableBackups to reinforce their resilience against threats and obtain comprehensive cyber insurance. Lee Wilkinson, Chief Information Officer, worked with Brightsolid to deliver Backup as a Service and immediately benefited from expert engineers, advanced security features and immutable air-gapped backups. As #WorldBackupDay approaches, we wanted to share this success story as a reminder to protect your company's data. Read the full case study here: https://ow.ly/hMgk50R4ryp 🌍🖥️🔐
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In recent years, companies have become increasingly reliant on workplace technology and digital systems to conduct their operations. That’s why it’s crucial to secure adequate cyber coverage. Having a cyber insurance policy in place can provide protection against financial losses that may result from a range of cyber incidents, including data breaches, ransomware attacks and phishing scams. Learn more: https://bit.ly/3J6WGiz
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With advancing tech, #cyber risks surge. Insurance Business Magazine highlights HSB’s newly launched Cyber for Auto coverage and how it protects consumer data from #cyber threats. Read more here: https://ow.ly/snnt30sC0OQ
HSB launches new cyber policy for personal cars and trucks
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In the face of escalating cyber threats, municipalities are increasingly recognizing the critical importance of cyber insurance. Given the sensitive data and essential infrastructure they handle, municipalities are prime targets for cybercriminals, and successful attacks can result in severe consequences. https://vist.ly/te85
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When Technopolis got hacked, their insurance broker appointed Secutec for the cyber incident response. "They came in, looked at what was affected and which steps needed to be taken," says CEO Stéphane Berghmans. "It's important that we tell our story, so other companies know what to do to either prevent hacks, or to prevent the worst damage." Take a look at the Secutec SecureRESPONSE service for more information: https://lnkd.in/eHuQwaWu #hack #security #cybersecurity #SecureRESPONSE #incidentresponse
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Cybersecurity Tips for Small Businesses Now Considered Big Hacking Targets https://bit.ly/4aEeEFn #cybersecurity #onlinepresence #onlinepresencecare #smallbusinesstips
Cybersecurity Tips for Small Businesses Now Considered Big Hacking Targets
inc.com
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Ransomware on the Move: #BlackBasta, #UndergroundTeam, #SpaceBears, #LockBit - Halcyon publishes a #RaaS and data #extortion guide, Power Rankings: Ransomware Malicious Quartile. Here's #ransomware on the move last week... https://lnkd.in/gafg2NaC #cybersecurity #infosec #security
Ransomware on the Move: Black Basta, Underground Team, SpaceBears, LockBit
ransomwareattacks.halcyon.ai
NA Middle Market Cyber Leader
1moBeen working on a piece about “white hats”…have had several clients where these groups/individuals attempt to leverage the finding and always recommended we chat with their insurance carrier, in the case it goes sideways. Coalition, Inc. is an example of how insurers are true partners to organizations, available and on the ready to mitigate loss…not just a backstop.