cyber insurance

Three Key Requirements for Cyber Insurance - Firstpolicy

Finance

Source: Three Key Requirements for Cyber Insurance - Firstpolicy

Cyber is an ever evolving and exciting field of insurance. The cyber insurance product initially came into existence as an indemnity product, passive in nature, paying out losses after they happened like other insurances. Then there was a realization that the insurer cannot be a passive player at all times and has to be involved in the management of the cyber claim by providing incident response services.

Cyber Security: How to Protect Customer Information

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Source: Cyber Security: How to Protect Customer Information

Businesses of all sizes retain sensitive client information electronically in the digital era, and a breach of this data can have catastrophic repercussions.

The state of the Cyber Insurance market in Australia

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Source: The state of the Cyber Insurance market in Australia

The threat of cyberattacks is growing as the globe continues to become more digitalized, remote working becomes the new standard, and the cyber market is always changing. A cyber attack can have significant effects on a company or organisation, both financially and otherwise.

Common Cyber Security Mistakes Businesses Make

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Source: Common Cyber Security Mistakes Businesses Make

Any business that has an online presence can be strongly affected by cybercrime; so, to keep your business safe, you need to be aware of the common mistakes and have cyber insurance.

How Cyber Insurance Will Help Protect Your Business Against Ransomware

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Source: How Cyber Insurance Will Help Protect Your Business Against Ransomware

Cyber insurance is becoming increasingly crucial as cyber attacks against organisations become more frequent. A cyber threat to a corporation can not only stop operations, cause a loss of revenue, and cost the organisation huge money to get back up and running, but it can also damage the company's brand and destroy consumer trust.