Backups Cyber Insurance Cyber threats Event 
IT Security Guru
FEBRUARY 28, 2023
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.
SecureWorld News
SEPTEMBER 10, 2020
Trends of cyber insurance claims for 2020. Coalition, a cyber insurance company, recently released a report detailing the categories of cyber attacks as well as the cause behind the attacks for the first half of 2020. The company says that ransomware accounted for 41% of cyber claims. Cyber insurance works.
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SecureWorld News
JANUARY 21, 2024
Nonprofits often juggle tight budgets and unique operational demands, making it even more difficult to keep sensitive information safe—but here's the thing: you don't need a fortune to build a strong defense against the possible cyber threats out there.
CyberSecurity Insiders
OCTOBER 24, 2022
The education sector is increasingly vulnerable to simple and sophisticated cyber threats, and higher learning is especially vulnerable. These attacks also tend to be more successful in access and payout in the event of ransom demands, with 74% of attacks ending successfully for hackers. Cyber insurance.
Malwarebytes
SEPTEMBER 30, 2022
Take cyber insurance , for example. Cyber insurance can prevent local governments from having to pay huge out of pocket costs in the event that they’re hit with a cyberattack. 24/7 monitoring of cyber threats. Related : Cyber threat hunting for SMBs: How MDR can help.
Centraleyes
MARCH 19, 2024
Geopolitical events wield substantial influence over global business operations. In the event of a security breach, an IRP ensures rapid response. It aims to help IT staff swiftly stop, contain, and control incidents, whether cyber threats or physical disruptors like natural disasters. What is an Incident Recovery Team?
SC Magazine
JUNE 30, 2021
Roughly three in four individuals assert that companies should not submit to the demands of ransomware gangs in the event are infected, says one survey report. We recommend they invest in security and backups to better defend against the threat.”. (Alexxsun, CC BY-SA 4.0 link] , via Wikimedia Commons). So which is it?
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