Find out what’s impacting your organizations insurance premiums
With the average amount paid following a ransomware attack now averaging $84,000, the cost of cyber insurance is on the rise. The combined impact of the costs of recovering from a data breach, a lack of incident response plan, and several other factors all affect the price you pay for your policy.
What do I need to know?
In summary, you need to know what security best practices your insurance provider requires your business to have in place in order to provide cover, and you need this to be put in place by a specialist cybersecurity company – not your IT departmen
Ransomware
Response costs
Replacement costs
Lack of cybersecurity hygiene
Lack of incident response plan
Business interruption costs
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