Remove Cyber Insurance Remove Cyber Risk Remove Data privacy Remove Technology
article thumbnail

Top 8 Cyber Insurance Companies for 2022

eSecurity Planet

Cyberattacks are not only a technological problem for companies, but they also represent a very real financial threat. 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 Cyber Insurance is Booming.

article thumbnail

Annual Reports: How They Warn of Cyber Risk

SecureWorld News

However, we were most interested in seeing how Accenture articulated a particular business risk: the risk from a cyberattack. On page 34 of the report, Accenture dives into the risk that cyber poses to the business. L egal, reputational and financial risks? That's where the fine print comes in.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How the ransomware explosion is reshaping the cyber insurance market

SC Magazine

Today’s special columnist, Scott Register of Keysight Technologies, says government and industry must come together to secure the nation’s critical infrastructure in the wake of the Colonial Pipeline hack. The post How the ransomware explosion is reshaping the cyber insurance market appeared first on SC Media.

article thumbnail

Key Cybersecurity Trends for 2024: My Predictions

Jane Frankland

These include the adoption of hyper automation and artificial intelligence (AI)-driven decision making, where organisations will increasingly use automation technologies and artificial intelligence to streamline processes and enhance efficiency. Cyber Insurance In 2024, the cyber insurance landscape is expected to undergo significant changes.

article thumbnail

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

SC Magazine

The relationship between enterprises and insurers, like the cyber insurance market itself, is evolving. Businesses should expect insurers to demand more systematic proof that security best practices are in place before they can get insured, said Cooksley. These organizations found a shortcut, cyber insurance.

Insurance 126
article thumbnail

City of Dallas Vital Services Shut Down in Suspected Ransomware Attack

SecureWorld News

Broadnax, who said he is optimistic that the risk is contained. Since City of Dallas' Information and Technology Services detected a cyber threat Wednesday morning, employees have been hard at work to contain the issue and ensure continued service to our residents," he said. The article quotes a statement from City Manager T.C.

article thumbnail

Top Cybersecurity Startups to Watch in 2022

eSecurity Planet

Investors, business clients, and more continue to look for secure application access for remote workers , provide real-time visibility into cyberattacks, and protect data as it travels from the cloud to edge networks and end-users and back. Ethyca is compliance -focused as regulatory enforcement becomes an essential part of data privacy.