Duo's Security Blog

MAY 23, 2022

Cyber liability insurance can be a lifeline in the event of a major incident or breach. Cyber incidents rose 35% in 2020 with data breaches costing businesses an average of $4.24 million per year , resulting in cyber insurance premiums jumping up by 50-100%. Do you need it?

Insurance 78

Insurance Cyber Insurance Data breaches Backups 78

SecureWorld News

JANUARY 21, 2024

Phishing attacks, for instance, are extremely common: these are deceptive emails or messages designed to steal data. Ransomware is another significant threat, where attackers encrypt an organization's data and demand payment for its release. Because of this, it's crucial to understand the types of threats nonprofits face.

Cybersecurity 86

Cybersecurity Backups Cyber threats Software 86

Malwarebytes

SEPTEMBER 30, 2022

Cyber Resilience Review (CRR) : The CRR assessment evaluates your organization’s operational resilience and cybersecurity practices. Phishing Campaign Assessment (PCA) : Evaluates an organization’s susceptibility and reaction to phishing emails. Take cyber insurance , for example.

Government 60

Government Cybersecurity Cyber Insurance Insurance 60

eSecurity Planet

OCTOBER 5, 2021

An organization must: Prepare a good backup policy and procedure. Paying for internal assessments and penetration tests by a third party can provide fresh thinking and a level of assurance for stakeholders such as customers, the board of directors, and the insurance company that wrote our cyber insurance policy.

Ransomware 131

Ransomware Backups Insurance Cyber Insurance 131

Spinone

OCTOBER 13, 2020

As is often the case, the cost of restoring files from backups can amount to more than paying the ransom. In IBM’s Cost of a Data Breach Report 2019 cited the following: Lost business is the biggest contributor to data breach costs The average cost of lost business in 2019 was $1.42

Ransomware 52

Ransomware Backups Data breaches Encryption 52

Adam Levin

MARCH 2, 2020

Back Up Everything: Data recovery is an expensive and time-consuming process even when it isn’t being done in the wake of a ransomware attack. If the loss of your data is potentially catastrophic, the most straightforward solution is to back up your systems and data and do it often. 1 Cyber Threat This Year.

Cyber threats 215

Cyber threats Ransomware Encryption Insurance 215

Adam Levin

DECEMBER 27, 2019

fewer of you to go around because at this moment in history everyone understands that a good CISO is critical to the ongoing success of an enterprise (the 2019 IBM Cost of Data Breach study found that the average cost to an organization was $3.92 You’re going to have personal cyber insurance.

Cybersecurity 100

Cybersecurity CISO IoT Insurance 100