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Rigorous analytic based decisioning, driven by rich proprietary data, is at the heart of smart risk underwriting. This is particularly critical in sectors like cyber insurance, where Measured Analytics and Insurance API Analytics and Insurance is an innovation leader - and where the nature, scope and novelty of risks is so rapidly adaptive. Thanks Vince McCarthy for this week’s discussion at InsurTech Hartford Symposium 2024 on how smart insurers of all sizes are migrating to analytic standards, repeatable processes, proprietary data and SaaS solutions to make the right risk decisions for customers and their own portfolios. #cyberrisk #cyberinsurance #insurtech #IHS2024

We're glad to be leading the charge in a truly global community of risk management innovators in insurance and cyber analytics! Check out the panel participation by Vince McCarthy at InsurTech Hartford Symposium 2024 this week, and look him up to discuss how we can partner with you! #cyberrisk #cyberinsurance #enterpriseriskmanagement

💡 Here's the latest perspective from Jack Vines III, CEO and Co-founder at Measured Analytics and Insurance about trends in the cyber insurance market. #cyber #riskmanagement #cyberrisk #startups #trustquantified

💡 “How will cyber defenders ward off newfangled, sophisticated assaults from all directions?”      #GenerativeAI has added a new tool to an attacker’s arsenal. As the attacks get more sophisticated, organizations need a strategic security plan to outline their approach and direction. The support of the board of directors can be a key driver in proper planning. A recent article from McKinsey & Company addresses this essential question.    🔗: https://lnkd.in/eTU7M5CY    “But as cyberthreats continue to grow as a result of increased digitization, cloud adoption, advanced connectivity, and AI—including generative AI (gen AI)—boards of directors across all business sectors can provide direction on where and how an organization can remain cybersecure.”    The value of a board member is not so much in their knowledge of cybersecurity, but rather in their ability to ask the right questions: “A board member does not need to have specific knowledge about cybersecurity to add value. Instead, they need to test and ask the cyber team about potential business impacts. This means the cyber team should equate cyber issues and controls with business risks.”    ℹ️ The article mentions how the attack surface is expanding as the reliance on the cloud increases. This ties into Measured’s recent white paper written by Padmanabh Dabke, “Cybersecurity in the Cloud Era: Financial and Operational Impacts Decoded, a Guide for CISOs and CFOs”   🔗: https://lnkd.in/e_UFFxrA    At Measured Analytics and Insurance, as a leading AI-powered cyber insurance innovator, we are committed to helping our SME clients stay cybersecure by using ongoing threat monitoring to detect and notify insureds of imminent risks to mitigate the financial impact of an attack. Measured also partners with leading cybersecurity companies to ensure that the critical cybersecurity components are in place.    #artificialintelligence #riskmanagement #cyber #cyberrisk #cyberthreats

📢 Event Reminder: Measured Analytics and Insurance's President and Board Member, Vince McCarthy, will be speaking soon at InsurTech Hartford on April 17 & 18 at Mohegan Sun in Connecticut. Vince will be speaking on April 17th at 4:20 PM. 🔗 Sign up for the event here: https://lnkd.in/e5XYMDB4 ℹ Here's more information about the panel: MGAs to the Rescue: Opportunities in a Hard Market Increased risks exposures from inflation, recent cyber attacks, and the climate are just a few of many factors fueling a demand-side need for more specialized coverage approaches has increased the demand for MGA's in the marketplace. Experts will discuss such opportunities through Managing General Agents in the current hard market. Moderator: Doug Alexander Panel Members: Risha Mahadeo, Vince McCarthy #IHS2024 #insurance #innovation #insurtech #cyber #riskmanagement #mgas

📢 Measured Analytics and Insurance's CEO and Co-founder, Jack Vines III, provides insight into cybersecurity and cyber insurance in light of the recent Change Healthcare attack. It is imperative that every provider (cybersecurity vendors, insurers, etc.) in the value chain work together to mitigate risk to ensure that SMEs are safe and secure from ever-evolving cyber threats. #cyber #riskmanagement #cybersecurity #cyberattack #trustquantified #cyberinsurance #smes

👉 Attention small and midsize enterprise #CISOs, the latest National Institute of Standards and Technology (NIST) report on AI dives deep into the emergence of adversarial #artificialintelligence threats. Measured Analytics and Insurance summarized the report in this article: “Cybersecurity for SMEs: Tackling the Challenges of Adversarial Machine Learning and AI Threats" 🔗: https://lnkd.in/ePRj3nfe 💡 Evasion, poisoning, privacy breaches, and data abuse—are your systems prepared to withstand these attacks? (see the slideshow below) Read Measured's latest blog post for an in-depth analysis and to stay ahead in this fight against AI vulnerabilities. 🤖 From subtle evasion tactics to outright poisoning of AI models, adversaries are finding innovative ways to compromise AI systems. As NIST's Apostol Vassilev puts it, "We are encouraging the community to come up with better defenses." It's a call to arms for all of us in the security field. (quote from the NIST Report) “Most of these attacks are fairly easy to mount and require minimum knowledge of the AI system and limited adversarial capabilities,” said co-author Alina Oprea, a professor at Northeastern University. “Poisoning attacks, for example, can be mounted by controlling a few dozen training samples, which would be a very small percentage of the entire training set.” (quote from the NIST Report) #MachineLearning #AdversarialAI #ArtificialIntelligence #InfoSec #ThreatIntelligence #cybersecurity #riskmanagement

💡 Measured Analytics and Insurance's President, Vince McCarthy, provides Measured's perspective about how #cybersecurity responsibilities must be shared among business communities and are a critical part of leadership. #healthcare #cyberinsurance #riskmanagement #cyber

🚀 Check out NIST’s new Cybersecurity Framework 2.0 summarized by Measured Analytics and Insurance 🚀 The National Institute of Standards and Technology (NIST) recently announced their updated Cybersecurity Framework 2.0, the first significant update in a decade. Here is Measured’s latest blog article summarizing this new development, "Navigating the Cybersecurity Landscape: Understanding the NIST Cybersecurity Framework 2.0." Measured’s article can be found here: https://lnkd.in/eiGkvcSQ At Measured Analytics and Insurance, we're dedicated to helping SMEs stay ahead of cyber threats and insuring the risk of attack. The updated NIST Cybersecurity Framework 2.0 is a key tool in that mission. Embracing this framework strengthens cybersecurity defenses and aligns with best practices essential for securing comprehensive cyber insurance. Dive into our post to see how CSF 2.0 can benefit your cyber resilience and insurance readiness. With national security grade threat intelligence in our DNA, Measured monitors the threat environment and evaluates insureds’ risk exposure on an ongoing basis. Learn more about Measured’s CyberGuard 2023 cyber insurance policy here: https://lnkd.in/eSbZqC8N #Cybersecurity #NISTCSF #CyberInsurance #SMEs #cyber #riskmanagement

🌟 Welcome to the March 2024 edition of Measured’s Cyber Threat Landscape Newsletter! 🌟 This newsletter is part of Measured’s ongoing commitment to enhancing cybersecurity awareness and fostering a cyber resilient community. It highlights the complexities and evolving trends in today's cyber threat environment. 🔗 Here’s the link: https://lnkd.in/e7VZRqsV 🔥 This newsletter delves into: ✔ The latest developments in ransomware attacks ✔ Highlights about the most targeted industries including Manufacturing, Technology, Financial Services, and Education ✔ Practical and actionable recommendations to fortify your cyber defenses 🛡️ Considering the evolving threat landscape, Measured emphasizes the following recommendations for effective risk mitigation: ✔ Continuous Monitoring: Stay vigilant by monitoring attack trends and initial access methods to accurately assess risks and develop mitigation strategies. ✔ Comprehensive Data Utilization: Utilize industry-specific threat intelligence and regional trends to inform underwriting decisions and premium calculations. ✔ Preventive Measures: Offer proactive recommendations to clients based on current threat intelligence to reduce the likelihood of successful attacks. ✔ Claims Response Planning: Develop a robust claims response plan encompassing financial compensation, crisis management support, and recovery assistance in the event of an attack. 📊 Dive into the detailed graphs and analysis for a clear picture of the current cyber threats and the best strategies to mitigate them. 👉 Whether you're in the cybersecurity field, part of an industry that's facing these threats, or simply wanting to stay informed, Measured's newsletter is an essential read. Stay Secure, Stay Informed, and let's build a safer digital world! #CybersecurityAwareness #MeasuredInsights #RansomwareTrends #StayInformed #CyberThreatLandscape