SecureWorld News

MARCH 20, 2024

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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Cyber Insurance Insurance Ransomware Risk 95

Webroot

JULY 25, 2022

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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Cyber Insurance Insurance Marketing Phishing 123

Duo's Security Blog

DECEMBER 7, 2022

The state of cyber liability insurance The topic of cyber liability insurance is full of datapoints, statistics and graphs all showing upward trajectories. Tech Wire Asia cites that premiums could be expected to reach anywhere between US$500 million and US$1 billion by 2025.

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Insurance Cyber Insurance Ransomware Risk 73

SecureWorld News

OCTOBER 19, 2023

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. trillion by 2025. Instead of downsizing amidst heightened cybercrime risks, consider a more innovative approach.

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Cybersecurity CISO Education Phishing 77

Security Affairs

FEBRUARY 8, 2024

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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BH Consulting

SEPTEMBER 7, 2022

And the cyber insurance market keeps growing. Fitch Ratings estimates annual cyber risk premiums are between $8-10 billion today. By 2025, it expects them to grow to more than $22 billion. Ireland’s NCSC has published guidance on securing operational technology. The Log4J ‘gift’ will keep giving.

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Insurance Social Engineering Cyber Risk Cyber Insurance 40

Jane Frankland

DECEMBER 7, 2023

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. Cyber Insurance In 2024, the cyber insurance landscape is expected to undergo significant changes.

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