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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 If your company has not already experienced a significant cybersecurity event, it is probably only a matter of time before it does. Also read: The Top Cybersecurity Companies.

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Security Compliance & Data Privacy Regulations

eSecurity Planet

Regulatory compliance and data privacy issues have long been an IT security nightmare. And since the EU’s General Data Protection Regulation (GDPR) took effect May 25, 2018, IT compliance issues have been at the forefront of corporate concerns. GDPR-style data privacy laws came to the U.S. Location Matters.

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Cyber Insurance: What to Know for 2022 and Beyond

Security Boulevard

While organizational compliance and security programs are becoming increasingly robust and sophisticated, cybersecurity incidents are unavoidable in today’s. The post Cyber Insurance: What to Know for 2022 and Beyond appeared first on Hyperproof.

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How the ransomware explosion is reshaping the cyber insurance market

SC Magazine

The development of cybersecurity insurance has played an important role in determining how companies prepare for and respond to ransomware attacks and the resulting fallout. That in itself has evolved, as insurers and insured learn just how expensive that fallout can be. ” Conflicting interests?

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Friday Five: The U.S. Operation Against QakBot, Cybercrime Treaty and Water Infrastructure Concerns, & More

Digital Guardian

The operation against QakBot marks a cybersecurity win for the U.S., but concerns over critical infrastructure, data privacy, and cyber insurance largely overshadow it. Catch up on these stories and more in this week’s Friday Five.

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Two Years on from GDPR: Has It Driven Growth in Cybersecurity Insurance?

Dark Reading

Whilst GDPR has put the spotlight on data privacy and cyber issues, there are other more prominent trends that are driving a greater take-up of cyber insurance, says Ben Maidment, Class Underwriter - Cyber, Physical & Technology at Brit Insurance.

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

SC Magazine

Every time a driver buckles up or an airbag is deployed we see the powerful influence of the insurance companies who insisted those measures become mandatory. Now, those insurers are poised to drive cybersecurity investment by insisting that organizations meet certain criteria to qualify for coverage. A maturing model.

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