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News alert: Beazley reports on how AI, new tech distract businesses as cyber risk intensifies

The Last Watchdog

The data shows how perceptions around cyber and technology risks, from ransomware and other cyber-attacks to the threats posed by AI, are changing the global business risk landscape. Yet, boardroom focus on cyber risk appears to be diminishing. trillion by 2025, a 300% increase since 2015 1.

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How MSPs Help Small Businesses with Essential Cyber Insurance Cover

Duo's Security Blog

This is especially true if the company looking for cover hasn’t taken adequate enough steps to minimize cyber risks itself. As I covered in my other blog — Cyber Liability Insurance Essentials for Small and Medium-Sized Enterprises — there are several approaches firms can take to increase their chances of obtaining a policy.

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As Cyber Attacks Mount, Small Businesses seek Authentication Fix

The Security Ledger

The post As Cyber Attacks Mount, Small Businesses seek Authentication. » Related Stories Opinion: AI and Machine Learning will power both Cyber Offense and Defense in 2020 Passwordless? A LastPass survey of IT leaders has some valuable clues. Read the whole entry. »

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Understanding the Cost of Cybersecurity Breaches for Small Businesses

Cytelligence

Small businesses are increasingly becoming prime cyberattack targets in today’s interconnected world. While large corporations often make headlines when they fall victim to cybercrime, the impact on small businesses can be equally devastating, if not more so.

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7 Best Cyber Risk Management Platforms of 2024

Centraleyes

In today’s digital age, cybersecurity is a central pillar of Governance, Risk, and Compliance (GRC). But why is this so crucial, and why is there a burgeoning market for specialized cyber risk management tools and platforms? In this article, we’ll explore some of the best cyber risk management tools on the market.

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From Boardroom To Service Floor: How To Make Cybersecurity An Organizational Priority Now

IT Security Central

For small businesses, the costs can be catastrophic. According to the FBI’s recently released Internet Crime Report 2020, cybercrime resulted in $4 billion in losses last year, a low estimate that still encapsulates the incredible value lost to threats actors. As […].

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Cyber Insurance: The Good, the Bad, and the Ugly

IT Security Guru

At first glance, it seems odd that most businesses don’t insure against something as potentially devastating as cybercrime. Recent research from Hiscox even found that a fifth of businesses across the US and Europe faced insolvency as a direct result of a cyber attack. This doesn’t ring true for cyber insurance.