Future-Proof Your Data: The Top 7 Cybersecurity Trends to Watch in 2024
The Bottom Line
The AI discussion will evolve to real-world benefits.
A growing holistic view of cybersecurity is taking root.
Cloud providers are recognizing the expanded attack surface and teaming up with cyber insurers.
Faster cycles of intrusion and detection boosts the need for automated detection.
Increased board-level scrutiny of cybersecurity will have some positive effects.
Cyber insurance continues to grow and is becoming more mature.
Cybersecurity worker shortage continues, but partnering for skills succeeds.
The Right Way to Do Cybersecurity Insurance
Corporation’s cyber risk is growing larger every day. While more and more companies are allocating additional resources and capital to mitigating cyber threats, they’re discovering along the way that they don’t know the size of their own risk. Sizing your exposure to cyber risk, independent of any single threat, can be a daunting task. It is […]
Cost of Ransomware Attacks
There’s no way around it. Ransomware exposure needs to consider all the costs of a breach – from the ransom payment, to costs of IT recovery and remediation as well as legal, regulatory and customer communications. Companies must understand this risk before they get breached. A mature cyber risk management approach will calculate the amount of loss possible in a potential […]
Manage Ransomware Risk with Specialized Insurance
There’s no doubt that, lately, it’s been hard for existing cyber insurance markets to keep up with the evolving nature of outside threats. Most notable of these: Ransomware which is causing insurers to reevaluate their coverage positions. The future of cybersecurity insurance depends on a more informed approach to this risk. Existing Cyber Insurance Cannot […]
What Is Ransomware?
Ransomware attacks are becoming more and more common. But do you know what ransomware is? Ransomware is a type of malware that infects your system, encrypts your data, and holds your files until you pay a ransom for their release. This article is part of our Definitive Guide to Ransomware series: Ransomware can be disguised in a […]
