Cyber Insurance

Top News about Cyber Insurance

SonicWall Grows Cybersecurity Platform with Unified Management for MSPs

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SonicWall expanded its cybersecurity platform with nine Generation 8 firewalls. The lineup targets MSPs, MSSPs, and mid-market customers. Every model supports cloud-based Unified Management and embedded Zero Trust Network Access. “Our new firewall lineup is just one part of a broader, unified platform strategy. With SonicWall Unified Management, embedded ZTNA, the SonicSentry managed services team, … Read more

Cost of Extreme Cybersecurity Attack on OT Greater Than $300 Billion

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The Critical Matter of OT Cybersecurity – The global financial impact from catastrophic cyber events targeting Operational Technology (OT) could hit $329.5 billion. This, according to a new report from industrial cybersecurity firm Dragos and Marsh McLennan’s Cyber Risk Intelligence Center. In the worst modeled scenario, business interruptions alone would account for more than $172 … Read more

Cyber Insurance for UK SMEs: Adoption Gaps, Real Losses, Next Steps

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Cyber insurance for small and medium-sized enterprises faces clarity and cost hurdles – Despite SME leaders recognising cyber risk, nearly half of uninsured firms self-insure. That choice invites financial ruin after major attacks. Surveying 104 SMEs about cyber insurance, the UK Government’s Department for Science, Innovation and Technology commissioned this study to map the gap. … Read more

Law firm cybersecurity and incident response: cost drivers, savings, and insurance takeaways

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Law firm cybersecurity and incident response now drive real insurance and budget risk. The American Bar Association says 42% of firms with 100 or more employees have suffered a data breach. That shouldn’t surprise. Integreon has published The Complete Guide to Reducing Cyber Incident Response Costs in the Legal Industry. The guide presents cost-control steps … Read more

Buy Coverage Now Before Cyber Insurance Premiums Increase: Gallagher

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The cyber insurance market remains soft, reports broker Gallagher Specialty, and now is the time to purchase coverage before cyber insurance premiums increase. “There is currently a healthy abundance of capacity, and the market continues to observe greater flexibility in underwriting and security controls. The competition and growth strategies in underwriting have led to better … Read more

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