‘Sachet’ covers now guard against cyber fraudsters using AI
A recent study by Deloitte said that India’s cyber insurance market worth $50–60 million in 2023 is expected to grow…
Tag: cyber insurance
23andMe settles data breach lawsuit for $30 million
The breach began around April 2023 and lasted about five months, affecting nearly half of the 14.1 million customers in…
Rise in cyber threats make companies go for unified security command
As the digital world expands, demand for cybersecurity leaders grows. Organizations recognize cyber risks can lead to financial losses, reputational…
Cyber insurance rates fall as businesses improve security, report says
Insurance premiums to protect companies against cyber attacks rocketed in 2021 and 2022, as the COVID-19 pandemic drove cyber incidents.
76% of companies improved their cyber defenses to qualify for cyber insurance, Sophos Survey finds
Sophos’ report on Cyber Insurance and Cyber Defenses underscores the importance of comprehensive defense strategies beyond insurance coverage, with global…