Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Vulnerabilities / Threats

5/31/2017
02:25 PM
50%
50%

Cybersecurity Insurance Lacking at 50% of US Companies

While half of US security professionals say their companies passed on cybersecurity insurance, the figure is far higher in healthcare, according to a survey released today.

Cybersecurity is ramping up attention across corporate America, but only 50% of US security professionals surveyed say their organizations have signed up with an insurer, according to a study released today by FICO.

Future plans for purchasing cybersecurity insurance in the US also remains grim, according to the survey, which included 350 security executives from across the globe. including the US, Canada, UK, and the Nordics. The survey found that 27% of InfoSec pros in the US report that their organizations have no plans to sign up for cybersecurity insurance.

Meanwhile, although 61% of survey respondents expect the level of attempted breaches to rise next year, only 16% of US companies have cybersecurity insurance that covers all risks, the survey found.

In the healthcare industry, the situation is far more stark. It turns out that 74% of security healthcare professionals say their organizations do not carry cybersecurity insurance. And on top of that, none of these healthcare organizations have insurance that would span all cybersecurity risks.

Read more about the FICO study here. (Registration required)

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio
 

Recommended Reading:

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
News
FluBot Malware's Rapid Spread May Soon Hit US Phones
Kelly Sheridan, Staff Editor, Dark Reading,  4/28/2021
Slideshows
7 Modern-Day Cybersecurity Realities
Steve Zurier, Contributing Writer,  4/30/2021
Commentary
How to Secure Employees' Home Wi-Fi Networks
Bert Kashyap, CEO and Co-Founder at SecureW2,  4/28/2021
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
2021 Top Enterprise IT Trends
We've identified the key trends that are poised to impact the IT landscape in 2021. Find out why they're important and how they will affect you today!
Flash Poll
How Enterprises are Developing Secure Applications
How Enterprises are Developing Secure Applications
Recent breaches of third-party apps are driving many organizations to think harder about the security of their off-the-shelf software as they continue to move left in secure software development practices.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-35519
PUBLISHED: 2021-05-06
An out-of-bounds (OOB) memory access flaw was found in x25_bind in net/x25/af_x25.c in the Linux kernel version v5.12-rc5. A bounds check failure allows a local attacker with a user account on the system to gain access to out-of-bounds memory, leading to a system crash or a leak of internal kernel i...
CVE-2021-20204
PUBLISHED: 2021-05-06
A heap memory corruption problem (use after free) can be triggered in libgetdata v0.10.0 when processing maliciously crafted dirfile databases. This degrades the confidentiality, integrity and availability of third-party software that uses libgetdata as a library. This vulnerability may lead to arbi...
CVE-2021-30473
PUBLISHED: 2021-05-06
aom_image.c in libaom in AOMedia before 2021-04-07 frees memory that is not located on the heap.
CVE-2021-32030
PUBLISHED: 2021-05-06
The administrator application on ASUS GT-AC2900 devices before 3.0.0.4.386.42643 allows authentication bypass when processing remote input from an unauthenticated user, leading to unauthorized access to the administrator interface. This relates to handle_request in router/httpd/httpd.c and auth_chec...
CVE-2021-22209
PUBLISHED: 2021-05-06
An issue has been discovered in GitLab CE/EE affecting all versions starting from 13.8. GitLab was not properly validating authorisation tokens which resulted in GraphQL mutation being executed.