04 Jun Questions To Ask Before You Shop For Cyberinsurance
This week in cybersecurity from the editors at Cybercrime Magazine
– Read the Full Story in Forbes
Sausalito, Calif. – Jun. 4, 2024
Cybersecurity Ventures predicts that cybercrime will continue to grow by 15 percent, year over year, building from $8 trillion in 2023 to $10.5 trillion annually by 2025.
Cyber risk insurers can help your company hedge against cybercrime, according to Glenn Mathis, president and chief operating officer of Integris, a national managed IT service provider.
A Forbes article contributed by Mathis recommends that you ask three questions before going shopping for cyberinsurance:
1. What regulations affect our cybersecurity?
2. Are our cybersecurity tools and documentation up to standard?
3. Are our systems prepared for disaster?
Mathis believes that your success and cyber safety operate in a virtuous circle — each feeding the other. Letting a cyber risk insurer into that circle can help you reap the benefits for years to come.
Cybercrime Magazine is Page ONE for Cybersecurity. Go to any of our sections to read the latest:
- SCAM. The latest schemes, frauds, and social engineering attacks being launched on consumers globally.
- NEWS. Breaking coverage on cyberattacks and data breaches, and the most recent privacy and security stories.
- HACK. Another organization gets hacked every day. We tell you who, what, where, when, and why.
- VC. Cybersecurity venture capital deal flow with the latest investment activity from various sources around the world.
- M&A. Cybersecurity mergers and acquisitions including big tech, pure cyber, product vendors and professional services.
- BLOG. What’s happening at Cybercrime Magazine. Plus the stories that don’t make headlines (but maybe they should).
- PRESS. Cybersecurity industry news and press releases in real time from the editors at Business Wire.
- PODCAST. New episodes daily on the Cybercrime Magazine Podcast feature victims, law enforcement, vendors, and cybersecurity experts.
- RADIO. Tune into WCYB Digital Radio at Cybercrime.Radio, the first and only round-the-clock internet radio station devoted to cybersecurity.
Contact us to send story tips, feedback and suggestions, and for sponsorship opportunities and custom media productions.
