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Ransomware: Number One Cyber Insurance Claim

SecureWorld News

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. These industries include consumer businesses, healthcare, and financial services.

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G Suite Security Insurance for SMB

Spinone

Cybersecurity is often overlooked by small business, but over 60% of cyber attacks are targeted at small to medium-sized businesses. Small businesses are attractive to hackers because they usually do not have the sophisticated security systems that are in use by larger organizations.

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Ransomware Protection in 2021

eSecurity Planet

With vulnerabilities rooted in unsuspecting users, the task of preventing these attacks means both staff training and a robust email and network security system that includes a strong backup program so you have a recent copy of your data that you can roll back to. Offline Backups. Screenshot example. Ransomware predictions.

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As ransomware inches from economic burden to national security threat, policies may follow

SC Magazine

It’s a little blunt to be a solution,” said Mike McNerney, chief operating officer of Resilience, which provides cyber insurance, and a former policy adviser to the Department of Defense. Todt said that cybersecurity insurance is prevalent among SMBs, but often offer a low return on investment. Part of the problem is technical.

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Why are “Secure” Companies Still Being Hacked?

Security Boulevard

His name is Omar Masri and he's a software engineer and also the founder and CEO of Mamari.io, which helps businesses overcome the cost and complexities of cybersecurity, preventing attacks while meeting compliance and cyber insurance requirements. It's very expensive for a small or medium sized business to actually get secure.

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