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How Much Cyber Liability Insurance Do You Need?

IT Governance

Cyber liability insurance helps organisations cover the financial costs of a data breach. Without insurance, organisations spend £3.6 By purchasing cyber liability insurance, organisations gain the resources they need at a fraction of the cost. What does cyber insurance include?

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Why Cyber Insurance is Essential in 2022

IT Governance

With more than 1,200 publicly disclosed data breaches last year , and organisations spending almost £3 million on average responding to security incidents , effective risk management is a top priority. One of the most common ways to mitigate the risk of a cyber security incident is cyber insurance.

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Global Data Breaches and Cyber Attacks in December 2023 – 2,241,916,765 Records Breached

IT Governance

For instance, a two-month Europol action (revealed to the public on 22 December) discovered that 443 organisations had suffered data breaches – specifically, their customers’ payment card data had been compromised. This blog provides analysis of the data we’ve collected. We log this as 41 incidents.

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Data Breaches and Cyber Attacks in October 2023 – 867,072,315 Records Breached

IT Governance

867,072,315 records known to be breached. Introducing our Data Breach Dashboard We’re excited to introduce our new monthly Data Breach Dashboard – a one-page overview of this month’s key findings that you can download for free. Our first downloadable Dashboard is going live next week.

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Cyber insurance: A guide for businesses

IT Governance

That’s why they organisations increasingly relying on cyber insurance policies to cover the costs when data breaches and cyber attacks occur. But just how helpful is cyber insurance? We take at a look at everything you need to know in this blog. What is cyber insurance? How does cyber insurance work?

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List of Data Breaches and Cyber Attacks – May 2023

IT Governance

IT Governance found 98 publicly disclosed security incidents in May 2023, accounting for 98,226,877 breached records. You can find the full list below, divided into four categories: cyber attacks, ransomware, data breaches, and malicious insiders and miscellaneous incidents. million) Apria Healthcare suffers security breach (1.8

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PharMerica data breach impacts more than 5.8 million individuals

Security Affairs

National pharmacy network PharMerica discloses a data breach that impacted more than 5.8 National pharmacy network PharMerica disclosed a data breach that exposed the personal information of 5,815,591 individuals. million individuals. billion and a customer base of 330,000 “beds” in 41 U.S.