Remove Artificial Intelligence Remove Cyber Insurance Remove Data breaches
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CyberSecurity Is Not Enough: Businesses Must Insure Against Cyber Losses

Joseph Steinberg

Ironically, while many larger enterprises purchase insurance to protect themselves against catastrophic levels of hacker-inflicted damages, smaller businesses – whose cyber-risks are far greater than those of their larger counterparts – rarely have adequate (or even any) coverage.

Insurance 364
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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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Top 10 Cybersecurity Trends to Expect in 2025

Hacker's King

With the advent of new technologies and rising cyber threats , 2025 promises significant shifts in the cybersecurity domain. Here are the top 10 trends to watch out for in 2025: Rise of AI-Driven Cyberattacks Cybercriminals are increasingly leveraging artificial intelligence (AI) to develop sophisticated attack methods.

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13 Important Considerations When Obtaining Cyber Liability Insurance

Joseph Steinberg

Likewise, cyber insurance policies for individuals are starting to appear in the marketplace. Remember, a cyber-insurance policy is a legal contract – it is absolutely essential that policyholders adhere to policy requirements or they may find their otherwise valid claims denied should a cybersecurity incident occur.

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Verizon's 2025 DBIR: Threats Are Faster, Smarter, and More Personal

SecureWorld News

In its 17th edition, Verizon's 2025 Data Breach Investigations Report (DBIR) continues to deliver one of the most comprehensive analyses of cyber incidents worldwide. There is a strong correlational reason cyber insurance underwriters care about those key controls and coverage in the application process.

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Cyber-Liability Insurance 101: First Party Vs. Third Party Risks

Joseph Steinberg

Likewise, if you purchase appropriate first-party insurance, your insurance policy should cover the relevant losses – as the losses are borne directly by the policyholder (your business). iBynd also has a first-of-its-kind Personal Cyber Insurance offering that it delivers directly to consumers through CyberInsurancePlus.com.

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Security Roundup February 2025

BH Consulting

Cyber insurance industry faces a pivotal year The cyber insurance industry faces a pivotal year, influenced by evolving ransomware threats, regulatory changes, and the integration of artificial intelligence (AI). MORE Bad education: the lengths that US schools go to hide data breaches.