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In its modern iteration, cyber liability insurance mitigates the losses and business costs associated with cyber incidents and resulting downtime. CyberCube, a company specializing in quantifying cyber risk, estimates that the U.S. standalone cyberinsurance market could reach $45 billion in premiums by 2034.
Remote Users The web authentication process begins when the remote user wants to connect to an application. Users need to be trained since they’re a new way of authentication, but typically users can enroll or manage them through a UI-driven workflow by themselves. It’s also a requirement to get cyberinsurance.
A password manager can go a long way in helping to simplify that process, but multi-factor authentication (MFA) security can help even more. Our experts will discuss the risks posed by passwords, what cyberinsurers require to protect organizations, and how MFA can meet both of those needs. trillion USD annually by 2025?
Recently, while co-hosting a webinar that kicked off Cybersecurity Awareness Month, a panelist commented that cybersecurity and privacy are team sports on a campus, much like our athletic teams. In a recent Duo blog post, we gave an overview of cyber liability insurance.
The state of cyber liability insurance The topic of cyber liability insurance is full of datapoints, statistics and graphs all showing upward trajectories. But MFA should not only be viewed as a prerequisite for obtaining cyber liability insurance.
Click here to watch the roundtable and learn about the future of cyberinsurance from leading experts. In partnership with Cysurance, BlastWave hosted a roundtable entitled “The Future of CyberInsurance and MSP Insurability. The expert panelists held an honest discussion about insurability difficulties for MSPs.
Logins without multi-factor authentication. Some can’t afford not to pay, and some are covered by cyberinsurance. Enable multi-factor authentication. Should I get a ransomware cyberinsurance policy? Many organizations have used cyberinsurance to recover from ransomware attacks.
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