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According to IBM, the average cost of a data breach in the U.S. is $9.44 million.
This is a first step toward a broader effort to curb ransom payments to hackers.
National Cybersecurity Awareness Month is an opportune time to survey the year's biggest cyber breaches.
Considering all of the personal identifiable information insurers collect and store, cyber safeguards are imperative.
Companies will have to report cyber incidents within four days of determining they're material.
At the end of June, Netscout was tracking more than 660 daily instances of these types of domain name system attacks.
The first half of the year also saw cyber insurance claims ticked up 12%, driven by an increase in ransomware and funds transfer fraud.
Review five ways businesses can actively address growing cyber risks.
WSIA's 2024 Insurtech Conference will focus on digital transformation, but the event isn't just for technologists.
Insureds in need of cyber protection increasingly turn to the wholesale insurance marketplace.