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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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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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MY TAKE: NIST Cybersecurity Framework has become a cornerstone for securing networks

The Last Watchdog

If your company is participating in the global supply chain, either as a first-party purchaser of goods and services from other organizations, or as a third-party supplier, sooner or later you’ll encounter the NIST Cybersecurity Framework. This includes not just the NIST CSF, but also the newly minted NIST Risk Management Framework 2.0,

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Annual Reports: How They Warn of Cyber Risk

SecureWorld News

Cyberrisk is business risk. We hear this at SecureWorld cybersecurity conferences on a regular basis. But how should we communicate this risk to the business, to clients, or to investors? Accenture annual report: risks we face from cyberattacks. L egal, reputational and financial risks? Dollars year over year.