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The future of cyber insurance

IT Security Guru

Cyber insurers are losing money. Their loss ratios – total claims plus the insurer’s costs, divided by total premiums earned – are now consistently above 60%, which presents something of an existential threat to the insurance industry, making cyber risk a potentially uninsurable area due to falling profitability.

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What’s happening in the world of personal cyber insurance?

Malwarebytes

Personal insurance plans are slowly becoming a more visible and talked about topic. I’m fascinated to see talk of personal cyber insurance , in an area dominated by business. The plans referenced in the article are for people seeking cyber insurance in India. A brave new world, or same-old same-old?

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Ransomware Protection in 2021

eSecurity Planet

With vulnerabilities rooted in unsuspecting users, the task of preventing these attacks means both staff training and a robust email and network security system that includes a strong backup program so you have a recent copy of your data that you can roll back to. Also Read: Best Encryption Tools & Software for 2021. Statistics.

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Education Sector has Seen a 44% Rise in Cyber Attacks Since 2021

CyberSecurity Insiders

Here are a few prime examples of cyber-attacks in the education sector. From December 2021 through January the following year, Bernalillo County was slammed by a ransomware attack that targeted government services. Freshly on the heels of this cyber security nightmare, the Albuquerque school system was breached. Cyber insurance.

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One Year Later: What Have We Learned Since the Colonial Pipeline Attack

Thales Cloud Protection & Licensing

The White House Executive Order on Improving the Nation’s Cybersecurity from May 12, 2021 and the supporting Office of Management Budget Federal Strategy to Move the U.S. Cyber insurance coverage ramps up. There is also huge debate around cyber insurance and whether it is fit for purpose.

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#ISC2CONGRESS – Lessons Learned from the Baltimore Ransomware Attack

CyberSecurity Insiders

On Tuesday afternoon, he shared those lessons with (ISC)² Security Congress 2021 attendees during a virtual session. The only saving grace was that the city had invested in both on-premise and cloud backups. Backup Strategy. Having a backup strategy is also critical. Make sure your organization has a solid backup plan.

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Best Disaster Recovery Solutions for 2022

eSecurity Planet

But it also requires software to orchestrate data movement, backup and restore technology to ensure a current copy of data is available, and the ability to recover systems and data rapidly. This type of backup and DR technology offers RPOs measured in hours. See the Best Backup Solutions for Ransomware Protection.

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