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Mitigating the impact of climate change in insurance and other financial services  

IBM Big Data Hub

As the effects of climate change intensify, extreme weather events are becoming increasingly frequent and severe. The US experienced 25 extreme weather events in 2023, each causing losses of over USD 1 billion, with a total cost of USD 73.8 These climate events have a huge potential impact on financial institutions.

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Top 8 Cyber Insurance Companies for 2022

eSecurity Planet

That’s where cyber insurance may be able to help. If your company has not already experienced a significant cybersecurity event, it is probably only a matter of time before it does. But there’s a catch: Insurers are going to carefully assess your cybersecurity controls before writing any policy, and there are limits to coverage.

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Global October Cybersecurity Events: Where You Can Find Thales

Thales Cloud Protection & Licensing

Global October Cybersecurity Events: Where You Can Find Thales. The summer is now over, and October is a month full of cybersecurity events for Thales around the world. Below are just some of the events Thales will be at over the next few weeks. Les Assises turns 22 this year, and the event motto is "In 2022, We Speed Up!"

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How to handle a ransomware attack 

IBM Big Data Hub

The good news is that in the event of a ransomware attack, there are basic steps any organization can follow to help contain the attack, protect sensitive information, and ensure business continuity by minimizing downtime. The post How to handle a ransomware attack appeared first on IBM Blog.

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How to Manage Your Cyber Risks

IT Governance

One of the most common mistakes that organisations make when addressing cyber security is that they consider it a one-off event. See also: How Defence in Depth Can Help Organisations Tackle Complex Cyber Security Risks Is Cyber Essentials Enough to Secure Your Organisation? Why Cyber Insurance is Essential in 2022.

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How to Develop an Incident Response Plan

eSecurity Planet

An incident is an event that affects our scope of responsibility, and a response is how we deal with the incident. For IT managers, the scope might expand to encompass physical IT systems and events such as a flooded data center, a lost executive laptop, or squirrels chewing on network cables. Be in-line with insurance policies.

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How to build a successful risk mitigation strategy

IBM Big Data Hub

The only way for effective risk reduction is for an organization to use a step-by-step risk mitigation strategy to sort and manage risk, ensuring the organization has a business continuity plan in place for unexpected events. Contingency plans should be in place if something drastic changes or risk events occur.

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