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Cyber Insurance and You Small Business Cyber Insurance is often something people associate with large technology companies. However, it’s the smaller businesses that are more likely to become victims. When you don’t have your own IT department or expert on the team, it can quickly become a problem. https://lnkd.in/gg994xEs #Sureinsure #CyberInsurance #protectbusiness #Australia

Organizations are finding out that legacy MFA is not going to cut it when it comes to cyber insurance compliance. Explore a robust set of controls – including invisible MFA and passwordless authentication – to show underwriters and adjustors that your organization is worthy of a solid cyber insurance policy. Download the eBook: https://ow.ly/uupr50QrVGt #cyberinsurance #MFA #passwordlessauthentication

Are Companies Without Cyber Insurance Risking Costly Financial Loss? Answers: https://lnkd.in/gMf8FKtK #CyberInsurance #BusinessSafety #DataProtection Hey everyone! 🌟 Let’s chat about something super important that could really affect businesses today—cyber insurance. Have you ever thought about what might happen if your company faces a cyber attack? 📉 Here are a few key points to consider: Increasing Cyber Threats: With cyber attacks becoming more frequent, the risk is higher than ever. Protecting your business with cyber insurance could save you from significant losses! 🔒 Financial Risks: The aftermath of a cyber incident can be devastating. Recovery costs, legal fees, and fines can pile up quickly. So, does it make sense to roll the dice without cyber insurance? 💸 Reputation Matters: A data breach can damage your company's reputation. Having insurance means you can respond quickly and effectively, keeping your brand intact. Regulatory Compliance: Many industries have regulations around data protection. Cyber insurance can help ensure you meet legal requirements, avoiding hefty penalties that come with non-compliance. 📜 Is your company play...

What is Cyber Insurance? Cyber insurance is designed to help protect your business from internet-based risks and risks relating to information technology infrastructure. From data breaches to cyberattacks, these policies cover the costs of recovery, legal fees, and more. At TWG Insurance, we offer customized cyber insurance policies to meet your business’s specific needs. Contact us to learn more about how you can protect your digital assets. #CyberSecurityAwarenessMonth #CyberInsurance #TWGInsurance #BusinessProtection #DigitalSafety

Things have changed in cyber insurance, over the past year especially. It’s no longer safe to simply pay for insurance and trust that you’re covered. Insurance underwriters are shifting a lot of responsibility for maintaining adequate defenses to insured businesses, and defensive measures must be in place and documented for coverage to be valid. In the accelerating evolution of cyber threats, adequately planning your business’s defenses is crucial for 2024. In eBook, we will summarize some key cyber insurance trends of 2023 and provide a roadmap for evaluating, planning for, and obtaining cyber insurance in 2024. Read the full eBook for free here: https://lnkd.in/ev6hRQkD #SeedPodCyber #CyberInsurance #MSP #IntelligentCyberInsurance

Day 16 and half way thru Cyber October! CYBER INSURANCE is the topic of the day. According to a 2023 report by Advisen Cyber Claims Report, a staggering 44% of cyber insurance claims are denied because businesses simply didn't meet all their security requirements. This is a critical wake-up call. Cyber insurance isn't the guaranteed safety net many businesses assume it to be. If you need to better understand your coverage and looking at ways to reduce your premiums, you should take advantage of our Cyber Insurance Workshop. We have taken the requirements and scrubbed through the legal jargon of over 13 of the Primary Cyber Insurance providers and can provide you a comprehensive report on your gaps. Happy Hump Day yall!

#MSP #MSSP www.act-tek.com Cyber Insurance vs Business Insurance Cyber insurance is designed specifically to provide protection against cyber risks. A data breach costs a business an average of $150 per lost or stolen record of customer PII (Personally Identifiable Information). Many times a "cyber" component can be added to a "business owner's policy" and may be termed Technology Errors and Omissions or Data Breach Insurance. https://lnkd.in/esA6qZJH

Organizations are finding out that legacy MFA is not going to cut it when it comes to cyber insurance compliance. Explore a robust set of controls in this eBook. Download here: https://ow.ly/bp7Z30szQhH #cyberinsurance #MFA #passwordlessauthentication

Organizations are finding out that legacy MFA is not going to cut it when it comes to cyber insurance compliance. Explore a robust set of controls in this eBook. Download here: https://ow.ly/FbSw30szPSP #cyberinsurance #MFA #passwordlessauthentication

Business Cyber Insurance is something you need https://lnkd.in/gg994xEs Small Business Cyber Insurance is often something people associate with large technology companies. However, it’s the smaller businesses that are more likely to become victims. When you don’t have your own IT department or expert on the team, it can quickly become a problem. #Sureinsure #cyberinsurance #Australia