In an era where digital threats are continuously evolving, businesses are more vulnerable than ever. Cyber insurance has emerged as a crucial component of a comprehensive security strategy, providing ...
It is not news that cyberattacks are considered a top global concern. In 2024, the average financial cost of cyber incidents worldwide was $4.88 million. In the US, the average was even higher: $9.36 ...
Cyber insurer expectations can feel like a daunting hurdle, but SMBs can see them as an opportunity to evaluate their MSPs' ...
Cyber insurance protects enterprises from most cyberattack liabilities. But before committing to a policy, CISOs need to check for the following hidden loopholes. Facing ever-mounting cyberthreats, ...
The Insurance Information Institute and Fenix24 released Cybersecurity for Insurers: Squaring Safety with Service.
While security breaches that affect large enterprise businesses tend to make the biggest headlines, small businesses are just as vulnerable, if not more so. In fact, a recent survey by Mastercard ...
October is Cybersecurity Awareness Month. Cybersecurity is a hot topic for the insurance sector today and a growing concern for many businesses. Businesses, large and small, should consider cyber ...
The insurance and reinsurance industry is currently treating artificial intelligence (AI) as a potential "force-multiplier" ...
Ben Tercha is COO at Omega Systems, an award-winning managed IT services provider (MSP) and managed security service provider (MSSP). Many leaders still assume cyber insurance exists to absorb risk ...
Although at their heart they focus on post-breach mitigation and remediation, cyber incident response plans are emerging as a very important cyber security control when it comes to reducing overall ...