COVID-19 spurred a digital transformation and, with it, an increase in cyber attacks. Whether malicious, structural, or accidental, security breaches cause substantial losses for businesses of all types and sizes.
That’s why cyber insurance is now a $4.1 billion market and one of the insurance industry’s top growth areas. To minimize the risk of exposure, organizations must establish a solid cybersecurity foundation and remain diligent in finding and reinforcing digital vulnerabilities.
The spread of COVID-19 has added a layer of cybersecurity risks that educational institutions are forced to confront.
In a recent survey, many insurers say potential policyholders don’t understand their cyber exposure risk or the coverages offered. Even so, interest is growing.
While the healthcare industry has been on notice for many years to the threat from phishers and hackers, a new vulnerability has surfaced.
While IoT technology provides continuous connectivity for e-scooters, it can lack sufficient cybersecurity measures, thus putting consumers’ data and privacy at risk.
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