Only 19% of cybersecurity leaders feel confident about their organizations’ resilience to cyber attacks, leading to a surge in interest in cyber insurance. However, as successful attacks increase, insurance prices are rising apace and coverage is dropping. Effective security needs an integrated approach, balancing people, processes, technology, and cyber insurance, and collaborating with insurance providers could bring benefits. Regardless, firms should work with an “already breached” mindset and have a contingency plan in place.
Aussie SMEs rush to cyber insurance amid rising attacks – Insurance Business America
Australian small and medium enterprises (SMEs) are rapidly seeking cyber insurance due to an increase in cyberattacks. The growing threat landscape is prompting businesses to
