Remove 2021 Remove Backups Remove Cyber Insurance
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The future of cyber insurance

IT Security Guru

Cyber insurers are losing money. Their loss ratios – total claims plus the insurer’s costs, divided by total premiums earned – are now consistently above 60%, which presents something of an existential threat to the insurance industry, making cyber risk a potentially uninsurable area due to falling profitability.

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Cyber Insurance Premiums Decline as Businesses Boost Security Measures

SecureWorld News

Global cyber insurance premiums are declining despite an uptick in ransomware attacks, according to a recent report by insurance broker Howden. This trend reflects improved business security practices, evolving insurance industry dynamics, and changing attitudes toward cyber risk management.

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What’s happening in the world of personal cyber insurance?

Malwarebytes

Personal insurance plans are slowly becoming a more visible and talked about topic. I’m fascinated to see talk of personal cyber insurance , in an area dominated by business. The plans referenced in the article are for people seeking cyber insurance in India. A brave new world, or same-old same-old?

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Ransomware Protection in 2021

eSecurity Planet

With vulnerabilities rooted in unsuspecting users, the task of preventing these attacks means both staff training and a robust email and network security system that includes a strong backup program so you have a recent copy of your data that you can roll back to. Also Read: Best Encryption Tools & Software for 2021. Statistics.

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Best Disaster Recovery Solutions for 2022

eSecurity Planet

But it also requires software to orchestrate data movement, backup and restore technology to ensure a current copy of data is available, and the ability to recover systems and data rapidly. This type of backup and DR technology offers RPOs measured in hours. See the Best Backup Solutions for Ransomware Protection.

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#ISC2CONGRESS – Lessons Learned from the Baltimore Ransomware Attack

CyberSecurity Insiders

On Tuesday afternoon, he shared those lessons with (ISC)² Security Congress 2021 attendees during a virtual session. The only saving grace was that the city had invested in both on-premise and cloud backups. Backup Strategy. Having a backup strategy is also critical. Make sure your organization has a solid backup plan.

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Education Sector has Seen a 44% Rise in Cyber Attacks Since 2021

CyberSecurity Insiders

Here are a few prime examples of cyber-attacks in the education sector. From December 2021 through January the following year, Bernalillo County was slammed by a ransomware attack that targeted government services. Freshly on the heels of this cyber security nightmare, the Albuquerque school system was breached. Cyber insurance.