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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.

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Is The Cost Of Predictive Cyber Security Worth The Investment?

Security Boulevard

Insurance carriers will offer a variety of different policies and coverage, including: Costs associated with an actual data breach, including letters to all affected victims. What Is Not Covered Under Cyber Insurance? For organizations seeking cyber insurance, the road for predictable security runs in parallel.

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4 ways businesses can save money on cyber insurance

Malwarebytes

So, your business has just suffered a data breach and it’s time to dig deep in your pockets to pay all the resulting expenses. Without cyber insurance , you can expect to pay a dizzying amount of cash. Here are four ways your business can save money on its insurance. How is cyber insurance priced?

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Cybersecurity threats: what awaits us in 2023?

SecureList

And IT teams should be prepared to deal with evolving threats posed by emerging technologies which are becoming widespread, such as geo-targeted phishing or attacks related to Cloud Security, IOT and AI. Yet, in addition to cyber insurance, companies will need a designated DR or RR (Rolling Recovery) plan.

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You’ve Never Heard of the C-Suite Targeting Scam, but It’s a Killer

Adam Levin

“The scam is frequently carried out when a subject compromises legitimate business email accounts through social engineering or computer intrusion techniques to conduct unauthorized transfers of funds.” So Isn’t BEC Just Another Form of Phishing? BEC has a home In the pantheon of ishings. .

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26 Cyber Security Stats Every User Should Be Aware Of in 2024

Security Affairs

26 key cyber security stats for 2024 that every user should know, from rising cyber crime rates to the impact of AI technolog y. Cyber Crime Surge: During COVID-19 , cyber crimes shot up by 600%, showing how threats adapt to global changes. Data Breach Costs: The average global cost of a data breach in 2023 was $4.45

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How Information Security Breaks The Classic IT Model

Security Boulevard

Hackers and cyber criminals also read the news. Many hacker groups will even approach social engineering to see if anyone in IT or SecOps knows if any layoffs are coming. Cost of Breach Could Be Greater Than The Expected Cost Savings. Technology Producers and Corporate Consumers.