JMG Group’s Post

As cyber threats and data breaches escalate, businesses must adopt a dual strategy that combines comprehensive cyber insurance with robust cybersecurity measures to ensure effective protection. Cyber insurance is no longer just an added benefit—it is essential. By integrating a strong cyber insurance policy with a solid cybersecurity strategy, businesses can safeguard their operations and enhance their security. Discover why this combined approach is crucial for securing the future of your organization Read our new article to get the insights you need to stay protected. 👉 https://hubs.li/Q02L6SPM0 & DON'T MISS OUT on our upcoming virtual event led by experts Ahiram Gonzalez and Charlie Stenger happening THIS THURSDAY, August 15th at 10 am Central time to learn more! 👉 https://hubs.li/Q02HKfBv0 #CyberSecurity #Insurance #DigitalProtection #BusinessContinuity #TechSavvy #PurpleGuys

As cyber threats against businesses become more sophisticated, the need to safeguard assets has pushed companies to strengthen their defenses. Sophos’ latest report reveals that 97% of companies enhanced their security measures, with 76% qualifying for coverage as a result. However, only 1% of claims fully covered remediation costs, highlighting the importance of robust cybersecurity. As recovery costs from ransomware rise, averaging $2.73 million, the need for proactive defense strategies is clear. Investing in cybersecurity not only aids in obtaining insurance but also strengthens overall protection. Pahi Mehra shares these insights in an article in TechCircle: https://lnkd.in/g2-u3jnW #CSaaS #Cybersecurity Rajeev Gupta | Nishant Sharma | Mehul Thakkar | Ravindra Baviskar | Naveen Kumar Grover | P Prasanna Kumar | Puja Mahendru

76% of Companies Enhanced Cybersecurity to Qualify for Cyber Insurance, Sophos Survey Reveals Sophos, a global leader in cybersecurity solutions, has released the findings from its survey, "Cyber Insurance and Cyber Defenses 2024: Insights from IT and Cybersecurity Leaders."..... To Read More: https://lnkd.in/gAhtbB4Y Sophos | Nirav Mahida | Chester Wisniewski | #CyberSecurity #CyberInsurance #SophosSurvey #Ransomware #ITSecurity #CyberDefenses #MFA #ChesterWisniewski #CyberThreats #DataProtection #InsuranceCoverage #CyberAttackRecovery #CyberSafety #TechNews

As cyber threats and data breaches escalate, businesses must adopt a dual strategy that combines comprehensive cyber insurance with robust cybersecurity measures to ensure effective protection. Cyber insurance is no longer just an added benefit—it is essential. By integrating a strong cyber insurance policy with a solid cybersecurity strategy, businesses can safeguard their operations and enhance their security. Discover why this combined approach is crucial for securing the future of your organization Read our new article to get the insights you need to stay protected. 👉 https://hubs.li/Q02L6vbh0 & DON'T MISS OUT on our upcoming virtual event led by experts Ahiram Gonzalez and Charlie Stenger happening THIS THURSDAY, August 15th at 10 am Central time to learn more! 👉 https://hubs.li/Q02L6BLd0 #CyberSecurity #Insurance #DigitalProtection #BusinessContinuity #TechSavvy #PurpleGuys

As cyber threats and data breaches escalate, businesses must adopt a dual strategy that combines comprehensive cyber insurance with robust cybersecurity measures to ensure effective protection. Cyber insurance is no longer just an added benefit—it is essential. By integrating a strong cyber insurance policy with a solid cybersecurity strategy, businesses can safeguard their operations and enhance their security. Discover why this combined approach is crucial for securing the future of your organization Read our new article to get the insights you need to stay protected. 👉 https://hubs.li/Q02L6BMd0 & DON'T MISS OUT on our upcoming virtual event led by experts Ahiram Gonzalez and Charlie Stenger happening THIS THURSDAY, August 15th at 10 am Central time to learn more! 👉 https://hubs.li/Q02L6PHn0 #CyberSecurity #Insurance #DigitalProtection #BusinessContinuity #TechSavvy #PurpleGuys

As cyber threats and data breaches escalate, businesses must adopt a dual strategy that combines comprehensive cyber insurance with robust cybersecurity measures to ensure effective protection. Cyber insurance is no longer just an added benefit—it is essential. By integrating a strong cyber insurance policy with a solid cybersecurity strategy, businesses can safeguard their operations and enhance their security. Discover why this combined approach is crucial for securing the future of your organization Read our new article to get the insights you need to stay protected. 👉 https://hubs.li/Q02L6MY30 & DON'T MISS OUT on our upcoming virtual event led by experts Ahiram Gonzalez and Charlie Stenger happening THIS THURSDAY, August 15th at 10 am Central time to learn more! 👉 https://hubs.li/Q02L6PHm0 #CyberSecurity #Insurance #DigitalProtection #BusinessContinuity #TechSavvy #PurpleGuys

Cyber insurance premiums are decreasing globally as businesses enhance their cybersecurity measures, such as multifactor authentication and staff training. Despite a rise in ransomware attacks, improved IT security and backup systems have made companies more robust, reducing the frequency of insurance claims and driving down costs. Did you observe the same? #CyberSecurity #BusinessSafety #CyberInsurance #DataProtection #Ransomware #ITSecurity #BusinessNews #TechTrends

As cyber threats and data breaches escalate, businesses must adopt a dual strategy that combines comprehensive cyber insurance with robust cybersecurity measures to ensure effective protection. Cyber insurance is no longer just an added benefit—it is essential. By integrating a strong cyber insurance policy with a solid cybersecurity strategy, businesses can safeguard their operations and enhance their security. Discover why this combined approach is crucial for securing the future of your organization Read our new article to get the insights you need to stay protected. 👉 https://hubs.li/Q02L6MY40 & DON'T MISS OUT on our upcoming virtual event led by experts Ahiram Gonzalez and Charlie Stenger happening THIS THURSDAY, August 15th at 10 am Central time to learn more! 👉 https://hubs.li/Q02L6NJK0 #CyberSecurity #Insurance #DigitalProtection #BusinessContinuity #TechSavvy #PurpleGuys

Cyber threats are everywhere. Is your business prepared for potential cyber attacks? Do you have a clearly defined data/cyber security plan in place that all employees follow? Because prevention is of paramount importance! WHAT IF A CYBER ATTACK GETS THROUGH YOUR DEFENSES?? Cyber Insurance is essential for protecting your business in the event of an attack. If prevention measures fail, having a robust cyber policy in place may be what keeps your business afloat. Check out our latest blog post to learn more about the importance of cyber insurance, what it covers, and how it can safeguard your business from unexpected cyber incidents. Don't wait until it's too late—equip your business with the right protection today. 🔗 https://lnkd.in/gVghE9mP #CyberInsurance #BusinessProtection #CyberSecurity #RiskManagement #BusinessSafety #DataProtection #ReliableMN

😳 It's staggering: The average cost of a data breach reached $4.45M in 2023, and SMEs historically constituted 98% of cyber claims! The inability to protect your company from cyber threats can literally erase your balance sheet. Check out how to prevent that from happening in our latest blog post: https://lnkd.in/eWH8JqxN #technology #insurance #ERM #riskmanagement #automation #cyber #cyberdefense #cyberinsurance