Many Businesses Go without Cyber Insurance

Cyberattacks pose risk to creditworthiness

According to new data published by the data privacy agent Incogni, a digital miscreant steals or copies data from at least 30 accounts every second of the day. Cybercriminals stole data from more than 2 billion online accounts in the last two years. Given this situation, one would think that cybersecurity insurance would be on… Continue reading Many Businesses Go without Cyber Insurance

Small Businesses Worry About Meeting Ransomware Demands, Survey Says

Ransomware attack on UnitedHealth

A recent survey shows businesses are increasingly concerned about their ability to meet ransomware demands, with many hoping for government assistance in the case of state-sponsored cyber attacks. According to the BlackBerry cyber insurance coverage study, only 19 percent of businesses surveyed have ransomware coverage limits greater than $600,000, while 59 percent hoped the government… Continue reading Small Businesses Worry About Meeting Ransomware Demands, Survey Says

SMEs Have a Long Way to Go to Get Cyber-Protected: Corvus-Blackberry Survey

Digital security concept

MGA Corvus and Blackberry partnered on a survey to learn more about how small and medium enterprises view cyber insurance and solutions like endpoint detection and response (EDR). The biggest takeaways: SMEs still have a long way to go in getting properly insured for cyberattacks. The survey found that only 55 percent of respondents currently… Continue reading SMEs Have a Long Way to Go to Get Cyber-Protected: Corvus-Blackberry Survey