Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

ciso global

Cyber Insurers Are Not Your Friend - Why a Warranty May Be a Better Option

Sep 6, 2024 By Gary Perkins In CISO Global
In this landscape, organizations need a multi-faceted approach that includes prevention, detection, and response capabilities. A warranty tied to a comprehensive security solution supports this approach, providing both technological protection and financial assurance.
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jumpcloud

Comprehensive Guide to Cyber Insurance for MSPs

Aug 26, 2024 By Kate Lake In JumpCloud
Cybercrime is as lucrative as ever, generating millions in illicit revenues for threat actors. Between 2021 and 2023, global data breaches rose by 72%, breaking all previous records. Meanwhile, data breach costs continue to rise. The average cost of an enterprise data breach in 2024 is $4.88 million — another all-time high. This puts managed service providers (MSPs) in a tight position. Cyber liability insurance can help reduce exposure to steep losses associated with cyberattacks.
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kovrr

Obtaining Fit-For-Purpose Cyber Insurance Amid a Volatile Market

Jul 25, 2024 By Kovrr In Kovrr
‍After cyber insurance rates skyrocketed from late 2020 to 2022, when the majority of the market had little choice but to switch to a completely remote way of working, prices have slowly started to drop. This new downward trend is promising, as organizations are increasingly searching for the most cost-effective ways to manage their cyber risks and offset potential losses.
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Redefining Cyber Insurance to Meet Today's Cybersecurity Challenges

Jun 26, 2024 By Razorthorn In Razorthorn
Is Your Business Insurance Keeping Pace with Evolving Cyber Threats? Welcome to another episode of Razorwire! I'm your host, Jim, and today we dive deep into the dynamic world of cyber insurance. Neil Hare-Brown and Matt Clark, two industry experts, join us to share their insights on how cyber insurance has adapted to meet today's security challenges. Tune in to discover how cyber insurance can be an integral part of your organisation's defence strategy and ensure you're prepared for whatever comes your way.
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keeper

Six Cybersecurity Insurance Requirements and How To Meet Them

Jun 17, 2024 By Aranza Trevino In Keeper
To qualify for cybersecurity insurance, organizations must implement strong access controls, have an incident response plan, use Multi-Factor Authentication (MFA), provide employees with security training, regularly perform penetration tests and use encryption to protect sensitive data. Continue reading to learn more about the six cyber insurance requirements and how your organization can meet them.
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one identity

Navigating the cyber insurance maze: How to avoid claim denials

Jun 3, 2024 By Csaba Galffy In One Identity
Cyber insurance is a critical form of risk management, designed to mitigate the financial impact of a breach or other security incidents. By spreading the risk, it helps reduce the potentially catastrophic consequences to manageable levels. Cyber insurance is a fundamentally financial tool that is often handled by the financial or insurance arm of any organization, with strong involvement of the cyber security teams. While complex, this blog aims to simplify the essentials.
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