Remove 2025 Remove Cyber Insurance Remove Risk Remove Technology
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The Evolving Role of Cyber Insurance in Mitigating Ransomware Attacks

SecureWorld News

In this regard, many have touted cyber insurance as the knight in shining armor, the end all-be all in terms of mitigating criminals' assaults on your network. For example, the healthcare sector, a prime target for these types of attacks , planned to spend $125 billion to defend against breaches from 2020 to 2025.

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Top 5 Security Trends this Summer: RSA Conference & Black Hat 2022

Webroot

Threat intelligence solutions using AI/ ML technologies can prevent false positives and reduce alert fatigue – helping cybersecurity professionals focus on strategic priorities instead of spending all their time reacting to security alerts and potential incidents. Cyber insurance becomes mainstream discussion.

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To Cover or Not to Cover: The Cyber Liability Insurance Quandary Facing Small- and Medium-Sized Businesses

Duo's Security Blog

But what are the risks with this approach? The state of cyber liability insurance The topic of cyber liability insurance is full of datapoints, statistics and graphs all showing upward trajectories. But MFA should not only be viewed as a prerequisite for obtaining cyber liability insurance.

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Inflation Is Making Cybersecurity Even More Challenging for Leaders

SecureWorld News

Increased risk of cyberattacks The rising cost of living can lead to an increase in cybercrime, as people become more desperate to make money. Too many folks focus on the technology as opposed to the people or process. As cyber threats surge, the expenses associated with cyber insurance rise, adding to the financial strain.

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26 Cyber Security Stats Every User Should Be Aware Of in 2024

Security Affairs

26 key cyber security stats for 2024 that every user should know, from rising cyber crime rates to the impact of AI technolog y. Cyber Crime Surge: During COVID-19 , cyber crimes shot up by 600%, showing how threats adapt to global changes. Cyber Skills Gap: By 2025, there could be 3.5

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Security Roundup September 2022

BH Consulting

As demand for cyber risk insurance increases, two recent developments could have policyholders scrambling to check their cover. In the United States, a judge dismissed a claim against an insurance company that refused to pay extra for losses due to business email compromise. And the cyber insurance market keeps growing.

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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. Expect to see business compromise email attacks, which have been skyrocketing this year, to surge.