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Healthcare Cybersecurity Market Soars: Key Trends and Insights

SecureWorld News

Healthcare cybersecurity is undergoing explosive growth, reflecting both escalating threats and urgent investments to protect patient data and systems. According to a new report, the global healthcare cybersecurity market was valued at US $21.25 The market's expected ris e to $82.9 The market's expected ris e to $82.9

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The Cyber Insurance Landscape Has Grown More Complicated

SecureWorld News

When considering adding a cyber insurance policy, organizations, both public and private, must weigh the pros and cons of having insurance to cover against harm caused by a cybersecurity incident. Having cyber insurance can help ensure compliance with these requirements. Can companies live without cyber insurance?

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The Evolving Role of Cyber Insurance in Mitigating Ransomware Attacks

SecureWorld News

In this regard, many have touted cyber insurance as the knight in shining armor, the end all-be all in terms of mitigating criminals' assaults on your network. For example, the healthcare sector, a prime target for these types of attacks , planned to spend $125 billion to defend against breaches from 2020 to 2025.

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As market for cyber insurance booms, watchdog calls for better data

SC Magazine

In a report released May 20, the Government Accountability Office looked at how the private cybersecurity insurance market has developed over the past five yearsRich Baich is global chief information security officer for insurance giant AIG. Photo by Spencer Platt/Getty Images).

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Cyber Insurance Premiums Suddenly Surging

SecureWorld News

New research reveals that a record number of organizations are buying cyber insurance policies as a tool for protecting themselves against cyber risk. However, the cost for those policies is rising dramatically as cyber insurance premiums soar up to 30% vs. the previous year. cyber insurance market.

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How Is the Pandemic Driving up Cyber Insurance Rates?

SecureWorld News

From cyberattacks on unemployment systems and the healthcare industry , to the security risks associated with remote work , SecureWorld has covered how these rapid changes have developed into a "Wild West" threat landscape. But how are these new developments impacting cyber insurance rates? In part, that's true.

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13 Important Considerations When Obtaining Cyber Liability Insurance

Joseph Steinberg

Selecting the right insurance provider is often, therefore, a challenging endeavor; the lack of standard policy templates has meant that providers typically offer their own unique sets of coverages, with their own unique sets of compliance requirements and premium schedules. you have in order to determine your potential liability.

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