Cytelligence
OCTOBER 18, 2023
Cyber threats have become a significant concern for businesses of all sizes. The cost of cyber attacks, including financial losses, reputational damage, and legal consequences, can be staggering. To mitigate these risks, businesses often invest in cyber insurance. This is where CYPFER comes in.
Schneier on Security
FEBRUARY 28, 2024
One possible solution, touted by former Department of Homeland Security Secretary Michael Chertoff on a recent podcast , would be for the federal government to step in and help pay for these sorts of attacks by providing a cyber insurance backstop. But this is easier said than done.
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CyberSecurity Insiders
OCTOBER 24, 2022
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. Here are a few prime examples of cyber-attacks in the education sector. In July, poor password hygiene led to another ransomware attack. Cyber insurance.
Malwarebytes
JULY 10, 2022
Without cyber insurance , you can expect to pay a dizzying amount of cash. In 2022 alone, the average cost of a data breach for businesses under 1,000 employees was close to $3 million—and these costs are coming from activities that cyber insurers typically cover, such as detecting and responding to the breach.
SecureWorld News
DECEMBER 7, 2022
These algorithms will be able to learn and adapt to changing patterns in cyber threats, allowing them to detect and respond to attacks in real time. Cyber insurance trends in 2023. By taking these steps, businesses and individuals can protect themselves from the growing threat of asymmetric cyberattacks.
Malwarebytes
OCTOBER 19, 2022
There is no need for criminals to jimmy a lock if they can steal a key, and the keys to your kingdom are your users’ passwords. In theory , putting those keys out of reach is easy: You just need all your users to choose strong, unique passwords for every account they use, all the time.
CyberSecurity Insiders
OCTOBER 26, 2022
Once one attack occurs, bad actors tend to further exploit a company’s vulnerabilities and continue to target the company. From a budgetary standpoint, ransom payments and cyber insurance premiums have continued to rise over time. Along with a well-designed plan, organizations need internal safeguards in place.
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