Articles Tagged with ''cyber insurance''

Too often, chief security officers (CSOs) look at their role through two separate lenses: physical security and cybersecurity. But if you silo an organization’s cybersecurity and physical security, it only creates more risk.

As the cyber insurance industry continues to evolve, an industry-standard security framework will serve as a critical guiding light for companies and insurance providers.

The BlackBerry Cyber Insurance Coverage study surveyed 450 information technology (IT) and cybersecurity decision-makers about their cyber insurance coverage and ransomware protection levels.

While cyber insurance is a must-have in today's business climate, it does come with a cost. However, security leaders can implement best practices to reduce cyber insurance premiums.

Cyber insurance won't stop a data breach, but it will protect small businesses from the high costs of a security breach or cyberattack.

Small- to mid-sized business (SMB) security leaders need to protect their organizations from ransomware attacks. Here are five cost-effective solutions.

From reducing the risk of ransomware to defining what security incidents are and aren’t covered, Rich Gatz explores the ins and outs of cyber insurance.

According to the Q1 2022 Corvus Risk Insights Index, ransomware claims made to cyber insurance providers have dropped by 30%, compared to Q4 2021. This could be connected to the Russian invasion of Ukraine, according to the report.

Cyber insurance premiums are rising, and enterprise organizations looking into insurance have to meet various cybersecurity standards before gaining coverage. Standardizing risk measurements may help the industry stay protected in a time marked by rising cyberattacks.

Global biopharmaceutical company Merck has won a $1.4B legal dispute against its insurer for the NotPetya attacks.