To select the most comprehensive yet affordable cyber insurance plan for your business, it’s critical to first identify who is accessing your confidential data and how they’re accessing it, as this information will largely dictate how your cyber insurance policy is outlined. Ensure your effective policy includes these six key components.
The Payment Card Industry Data Security Standard (PCI DSS) is the security standard for protecting payment card data. Navigating the requirements of the PCI DSS and implementing the technical security controls can be quite complicated.
Access governance is currently one of the hottest topics when it comes to organizations securing their networks and data. Data breaches from outside hackers has always been big news – consider the coverage of the Target and Sony hacks, just to name a few of recent years.
Ransomware is one of the most threatening malwares in the cyber industry, according to Carbonite’s Rise of Ransomware report, where 66 percent of IT professionals emphasize the seriousness of the issue, yet only 13 percent believe that they are prepared enough to prevent a ransomware attack.
A study conducted for Hiscox shows that, out of 3,000 companies in the U.S., UK and Germany, slightly more than half (53 percent) of these organizations are not prepared to effectively handle a cyber-attack.
More than three-quarters (88%) of hackers can break through cybersecurity defenses and into the systems they target within 12 hours, while 81% say they can identify and take valuable data within another 12 hours, even though the breach may not be discovered for hundreds of days.
