Cyber insurance is a must-have, but organizations are finding that cyber insurance premiums are more costly, policies are more difficult to obtain, and policies attach more limitations and exclusions than before. We will discuss cyber insurance's role in risk management and trends.

Segment Resources:

https://www.forrester.com/report/q-and-a-cyber-insurance/RES178563?ref_search=3185990_1675109251447

https://www.forrester.com/report/tech-execs-guide-to-cyber-insurance/RES178564?ref_search=3185990_1675109251447

https://www.forrester.com/blogs/whos-responsible-for-cyber-insurance-policy-misrepresentations-it-depends/?ref_search=3185990_1675109251447

Insiders - employees, contractors, and partners - are responsible for almost a quarter of data breaches. Reducing insider risk requires a dedicated approach, including user monitoring. But be careful, Forrester predicts that a C-level executive will be fired for their firm's use of employee monitoring in 2023.

Segment Resources:

https://www.forrester.com/blogs/predictions-2023-security/?ref_search=3092262_1675290315432

https://www.forrester.com/blogs/apply-critical-thinking-and-culture-to-reduce-insider-risk/

https://www.forrester.com/blogs/practice-empathy-to-reduce-insider-risk/

https://www.forrester.com/blogs/pandemic-fallout-creates-perfect-conditions-for-insider-threat/

In the Enterprise News: There's lots of executive shuffling going on! Saviynt gets a new CEO and $205M in funding, Forescout appoints its 4th CEO in as many years, and Mudge finds a place at Rapid 7. We've got some interesting trends, like more focus on securing small businesses, and more cybersecurity startups pairing technology with cyber insurance. It seems like only yesterday, we were shocked to hear that Microsoft was running a $10B security business, but Microsoft has apparently now grown security revenue to $20 BILLION DOLLARS.

Also, Tyler explains what Herman Miller chairs have to do with spotting market trends, we note the 20 year anniversary of SQL Slammer, and discuss why consumers don't want smart appliances shoved down their throats!

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Show Notes: https://securityweekly.com/esw304