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In its modern iteration, cyber liability insurance mitigates the losses and business costs associated with cyber incidents and resulting downtime. CyberCube, a company specializing in quantifying cyber risk, estimates that the U.S. standalone cyberinsurance market could reach $45 billion in premiums by 2034.
CyberInsurance: US cyberinsurance premiums soared by 50% in 2022, reaching $7.2 Cyber Skills Gap: By 2025, there could be 3.5 million unfilled cyber security jobs, showing a big need for skilled professionals. Market Size: The AI cyber security market was worth around $17.4 million per breach.
Using Remote Desktop Protocol (RDP) continues to be one of the riskiest moves by organizations: "Unfortunately, many organisations still use RDP instead of the more secure Virtual Private Network (VPN) for remote access. Another significant finding is that nearly half of organizations that get hit are now paying hacker ransoms.
Yes, system incursions upon the likes of Microsoft, Estee Lauder and T-Mobile get the lion’s share of media attention, however cybercriminals hungrily eye higher-volume smaller targets as well. Carry CyberInsurance. This makes carrying a cyberinsurance policy with a reputable carrier a good idea.
Aruba , a Hewlett Packard Enterprise (HPE) company, provides mobility and IoT solutions for organizations of all sizes. A pioneer in wireless networking, Aruba now offers infrastructure services as software from the public or private cloud to enable secure connectivity for a wide range of devices including mobile and IoT.
Many organizations choose to implement full disk encryption when a large number of employees or other users access sensitive data on mobile or other portable devices that could more easily be lost or stolen. With DFS, relevant data can quickly be sorted through and brought to light for investigative purposes.
Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyberinsurance. Cybercriminals typically use SIM swapping to steal phone numbers by tricking mobile carriers into transferring them to different SIMs.
Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyberinsurance. Cybercriminals typically use SIM swapping to steal phone numbers by tricking mobile carriers into transferring them to different SIMs.
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