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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 But there’s a catch: Insurers are going to carefully assess your cybersecurity controls before writing any policy, and there are limits to coverage. million and climbing.

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Annual Reports: How They Warn of Cyber Risk

SecureWorld News

On page 34 of the report, Accenture dives into the risk that cyber poses to the business. The section on cyber risk is in bold: "We face legal, reputational and financial risks from any failure to protect client and/ or Accenture data from security incidents or cyberattacks.".

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Safety first: Will insurance companies stall or accelerate cybersecurity progress?

SC Magazine

But when it comes to cybersecurity coverage, the relationship between enterprises and insurers has been rocky and uncertain. . The relationship between enterprises and insurers, like the cyber insurance market itself, is evolving. These organizations found a shortcut, cyber insurance. A maturing model.

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Ransomware Incident Response: What Is It Like?

SecureWorld News

Tuma often finds himself in the middle of ransomware incident response as Co-Chair of the Data Privacy & Cybersecurity Practice at law firm Spencer Fane. Ransomware: one of your organization's top risks. Now, here is a crucial question: does your organization treat cyber risk like it is business risk?

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Key Cybersecurity Trends for 2024: My Predictions

Jane Frankland

The proliferation of IoT devices and sensors will accelerate, allowing organisations to collect and leverage data for improved operational efficiency and real-time monitoring. As these regulations scale, expect to see more legal cases and fines on companies and CISOs particularly from the SEC, like the SolarWinds and CISCO, Tim Brown, case.