Cyber insurance can offset the risks of potential breaches
SMBs are aware of increasing cyber threats and allocating resources and investing in areas such as network and cloud security, according to Datto. Key takeaways from this …
cyber insurance
How can businesses decrease cyber insurance premiums while maintaining coverage?
In 2022, significant geopolitical developments have led to equally significant changes within the cyber insurance market. In this Help Net Security video, Chris Denbigh-White, …
Security teams expect breach and incident reporting requirements to create more work
Most IT security professionals will focus on improving “detect” and “respond” capabilities, amidst concern over increasing costs and regulatory pressures, according to …
Most startups have cyber insurance but are uncertain about how much risk is covered
Despite the significant economic headwinds startups currently face – from a challenging fundraising landscape to inflation woes and difficult operational decisions – company …
What cyber insurance really covers
With cybersecurity threat vectors evolving every day and with attackers employing a more innovative and unpredictable approach through combining various types of attack, it’s …
Cybersecurity recovery is a process that starts long before a cyberattack occurs
While most organizations have insurance in case of cyberattacks, the premium they pay depends on how the business identifies, detects and responds to these attacks – and …
SMBs are hardest-hit by ransomware
Coalition announced the mid-year update to its 2022 Cyber Claims Report detailing the evolution of cyber trends, revealinig that small businesses have become bigger targets, …
With cyber insurance costs increasing, can smaller firms avoid getting priced out?
Cyber insurance is quickly becoming an unavoidable part of doing business as more organizations accept the inevitability of cyber risk. There is a growing awareness of the …
Businesses expect the government to increase its financial assistance for all ransomware incidents
Businesses are increasingly concerned about how they will meet ransomware demands. Only 19 percent of those surveyed have ransomware coverage limits above $600,000, while over …
Organizations are losing cyber insurance as an important risk management tool
The number of organizations that will be either unable to afford cyber insurance, be declined cover, or experience significant coverage limitations is set to double in 2023, …
Organizations would like the government to help with ransomware demand costs
Businesses are increasingly concerned about how they will meet ransomware demands. Only 19 percent of those surveyed have ransomware coverage limits above $600,000, while over …
As the cost of cyber insurance rises, the number of organizations who can’t afford it is set to double
The number of organizations that will be either unable to afford cyber insurance, be declined cover, or experience significant coverage limitations is set to double in 2023, …