Remove Insurance Remove Meeting Remove Security Remove Survey
article thumbnail

Why Cyber Insurance is Essential in 2022

IT Governance

Organisations must always look for cost-effective ways to address the cyber security risks they face. 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. The benefits of cyber insurance.

Insurance 137
article thumbnail

Regulatory Update: NAIC Summer 2022 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. This post summarizes the highlights from this meeting in addition to interim meetings held in lieu of taking place during the Summer Meeting. 26R — Bonds (SSAP No.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

More Than 90% of IT Decision Makers Struggle to Evaluate Security Products

eSecurity Planet

The vast majority of cybersecurity decision makers – 91 percent, in fact – find it difficult to select security products due to unclear marketing, according to the results of a survey of 800 cybersecurity and IT decision makers released today by email security company Egress. Assessing AI and Security Training.

IT 123
article thumbnail

Written IT Security Policies: Why You Need Them & How to Create Them

eSecurity Planet

Many security professionals think that if they have done the hard work of securing their organization, that should be enough. Even though drafting IT security policies can be a pain, formal policies provide a valuable resource to protect both the IT team and their organization. Written security policies.

IT 123
article thumbnail

Microsegmentation Is Catching On as Key to Zero Trust

eSecurity Planet

For a security technology that’s only a few years old, microsegmentation is catching on quickly. According to a new report from edge security vendor Byos, 88 percent of cybersecurity leaders believe microsegmentation is essential to achieving zero trust security, and 83 percent are currently leveraging microsegmentation in some form.

article thumbnail

After Springhill: Assessing the Impact of Ransomware Lawsuits

eSecurity Planet

” Cyber Insurance No Longer Reliable. ” Crockett said unofficial numbers indicate that only about 10 percent of such cyber insurance claims are paid out. ” Crockett said unofficial numbers indicate that only about 10 percent of such cyber insurance claims are paid out. ” A Holistic Security Approach.

article thumbnail

Cyber attacks hit a fifth of schools and colleges

IT Governance

One in five schools and colleges have fallen victim to cyber crime, according to research from the specialist insurer Ecclesiastical, yet the majority (74%) of educational establishments claim to be “fully prepared” to deal with such attacks. . Secure your school with Cyber Essentials >> . Both exploit human error. .