Security Affairs
APRIL 22, 2022
When security fails, cyber insurance can become crucial for ensuring continuity. Cyber has changed everything around us – even the way we tackle geopolitical crisis and conflicts. If the technology were to become unavailable, the resulting business impact could be mitigated with cyber insurance.
SecureWorld News
MAY 26, 2021
New research reveals that a record number of organizations are buying cyber insurance policies as a tool for protecting themselves against cyber risk. However, the cost for those policies is rising dramatically as cyber insurance premiums soar up to 30% vs. the previous year. cyber insurance market.
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SecureWorld News
JANUARY 31, 2024
While this is standard practice for addressing liability within the universe of real estate, deliberate and precise actions are required when negotiating cyber insurance coverage. All stakeholders, including insurers, need to understand whose cyber insurance policy responds to an incident.
Cytelligence
JANUARY 14, 2020
This malware can steal payment data, credentials and funds from victims’ bank accounts, and new versions are available for widespread distribution by anyone that’s willing to pay the malware’s developers. This will, in turn, will lead to more attacks, and fast growth for the cyber insurance industry.
eSecurity Planet
FEBRUARY 16, 2021
Enterprise ransomware accounts for 81% of total infections, and by market segment, 62% are small to medium-sized businesses ( Symantec ). Increased attacks on individuals with high net value and Internet of Things (IoT) devices ( McAfee ). Criminals fail to decrypt data after payment only 1% of the time ( Sophos ). Ransomware facts.
Security Affairs
FEBRUARY 8, 2024
Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 Cyber Skills Gap: By 2025, there could be 3.5 million unfilled cyber security jobs, showing a big need for skilled professionals. Market Size: The AI cyber security market was worth around $17.4 million per breach.
NetSpi Executives
APRIL 27, 2024
Attempt access to file and SQL servers with privileged accounts. Some can’t afford not to pay, and some are covered by cyber insurance. Should I get a ransomware cyber insurance policy? Many organizations have used cyber insurance to recover from ransomware attacks.
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