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Top 8 Cyber Insurance Companies for 2022

eSecurity Planet

That’s where cyber insurance may be able to help. According to the Ponemon Institute and IBM, the global average cost of a data breach is $4.24 As the number and severity of data breaches continues to rise, organizations are recognizing that those costs are not theoretical. Cyber Insurance is Booming.

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Navigating AI Regulations in the Insurance Sector: A Comprehensive Guide

Centraleyes

The insurance industry is built on handling our own and everyone else’s risks. As artificial intelligence shatters glass ceilings, the risks it introduces present a new paradigm to the insurance market in many different areas. In short, the AI wave is already transforming how insurance companies do business.

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Key Cybersecurity Trends for 2024: My Predictions

Jane Frankland

These include the adoption of hyper automation and artificial intelligence (AI)-driven decision making, where organisations will increasingly use automation technologies and artificial intelligence to streamline processes and enhance efficiency. Security by Compliance will increasingly drive action.

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13 Important Considerations When Obtaining Cyber Liability Insurance

Joseph Steinberg

Selecting the right insurance provider is often, therefore, a challenging endeavor; the lack of standard policy templates has meant that providers typically offer their own unique sets of coverages, with their own unique sets of compliance requirements and premium schedules.

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Cybersecurity threats: what awaits us in 2023?

SecureList

Arthur Laudrain, Strategic Analyst (Cyber Program), The Hague Centre for Strategic Studies. In 2023, we might see a slight decline in ransomware attacks, reflecting the slowdown of the cryptocurrency markets. Yet, in addition to cyber insurance, companies will need a designated DR or RR (Rolling Recovery) plan.

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Too Much Holiday Cheer? Here’s Something to Fear: Cybersecurity Predictions for 2020

Adam Levin

fewer of you to go around because at this moment in history everyone understands that a good CISO is critical to the ongoing success of an enterprise (the 2019 IBM Cost of Data Breach study found that the average cost to an organization was $3.92 You’re going to have personal cyber insurance.

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34 Most Common Types of Network Security Protections

eSecurity Planet

With faster response times, a more centralized platform, and artificial intelligence-powered workflows, many companies select XDR tools to optimize or go beyond what their SIEM and UEBA tools can do. Unlike EDR, NDR focuses less on actual devices and more on network traffic behavior analysis via packet data.