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How to manage the growing costs of cyber security

IT Governance

Cyber security is becoming an expensive endeavour for organisations – and in many cases, the costs are so high that they can’t deal with threats appropriately. However, it’s one thing to want to invest in cyber security, but something else entirely to set aside the budget to do so. What is cyber security as a service?

Security 124
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How to make sure your cyber insurance policy pays out

IT Governance

Cyber insurance is big business these days. Damages incurred by information security incidents generally aren’t covered in commercial insurance policies, so a specific policy is necessary to help cover the costs of things like forensic investigation, incident response and notification procedures.

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The False Economy of Deprioritising Security

IT Governance

In the UK, cyber security has been dropping down the board’s list of priorities. The UK government’s Cyber Security Breaches Survey 2023 confirms this trend. Fewer directors, trustees and other senior managers of both UK businesses and charities see cyber security as a high priority in 2023 compared to 2022. Specifically, a 13.4%

Security 116
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Top 8 Cyber Insurance Companies for 2022

eSecurity Planet

That’s where cyber insurance may be able to help. For that reason, most experts now recognize that a complete cybersecurity strategy not only includes technological solutions aimed at preventing, detecting, and mitigating attacks, it should also include cyber insurance to help manage the associated financial risks. That’s a 29.1%

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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. This process should be embedded within your overall cyber security measures in what experts refer to as cyber defence in depth. What is threat management?

Risk 124
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Cyber Insurers Focus on Catastrophic Attacks and Required Minimum Defenses as Premiums Double

KnowBe4

Recent attacks are helping cyber insurers better understand what security strategies need to be in place and how to price policies based on the risk those policies cover.

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How to beat ransomware attackers at their own game

IT Governance

Keep your technical security measures up to date. Ensuring your software is kept up to date with the latest patches will close known security vulnerabilities, and deploying anti-malware and antivirus solutions will identify the latest threats. Test for security vulnerabilities. Train your staff. Back up, don’t pay up.