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Unlock Savings: The Impact of Strong Passwords To Reduce Cyber Insurance Costs for Businesses

Cytelligence

To mitigate these risks, businesses often invest in cyber insurance. However, there is a powerful and cost-effective tool that businesses can utilize to reduce their cyber insurance costs: strong passwords. As a result, these businesses pose a lower risk, leading to lower insurance premiums.

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AON ACQUIRES CYTELLIGENCE, A LEADING INTERNATIONAL CYBER SECURITY FIRM WITH DEEP EXPERTISE IN CYBER INCIDENT RESPONSE AND DIGITAL FORENSIC INVESTIGATIONS

Cytelligence

Global cyber insurance premiums are expected to grow from $4 billion in 2018 to $20 billion by 2025. According to Aon’s 2019 Global Risk Management Survey , cyber-attacks were identified as a top ten risk facing organizations and is predicted to be one of the top three risks for organizations in 2022. “As