Tag: cyber insurance

Cyber insurance as part of the cyber threat mitigation strategy

June 27, 2024

Why organisations of every size and industry should explore their cyber insurance options as a crucial component of their risk mitigation strategies. Offsetting business risk with insurance is not new. Early mariners transporting their goods around the world hundreds of years ago faced significant risk of damage, theft and threat to life. Lloyd’s, the insurance marketplace … More Cyber insurance as part of the cyber threat mitigation strategy

How to decrease security liabilities for SMBs: Look at cyber risks through the eyes of an insurer

June 27, 2023

While not an option for all small and medium businesses (SMBs), cyber insurance is explored here as a catalyst to discuss security preparedness for today’s increasingly complex threat landscape. Companies have to find secure ways to navigate that landscape to conduct at least some of their operations: to stay relevant, manage commerce and logistics, and … More How to decrease security liabilities for SMBs: Look at cyber risks through the eyes of an insurer

Cyber insurance 101: What is it and does my company need it?

June 13, 2023

While not a ‘get out of jail free card’ for your business, cyber insurance can help insulate it from the financial impact of a cyber-incident. Cyber risk is on the rise as the combined impact of surging threat levels, expanding attack surfaces and security skills shortages are putting organizations at a disadvantage. Faced with an increased likelihood that they … More Cyber insurance 101: What is it and does my company need it?