Black Hat USA 2024: How cyber insurance is shaping cybersecurity strategies
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Feed Name: WeLiveSecurity (ESET Research)
A Black Hat USA 2024 session recap details how cyber insurers are driving cybersecurity maturity through continuous, data-driven underwriting, large-scale vulnerability remediation, and prescriptive controls like MFA. Insurers reported shifting initial access trends (phishing still dominant; RDP and VPN without MFA changing in prominence), rapid exploit timelines after PoC disclosure, a flat $9.5B market in 2023, and a continued decline in ransomware payment rates. The piece underscores insurers’ growing role in notifying customers about exposures and shaping security practices.
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