Cyber in 2023
What cyber risks will define the new year?
You don’t need a crystal ball to know some threats, including ransomware attacks, will grow in frequency and severity; or that new digital dangers will emerge, especially in the currently chaotic social media and cryptocurrency scenes.
Implementing security controls, monitoring for hazards in real time, and maintaining Cyber Insurance will remain vital. Get ready with a strong Cyber policy.
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Companies Using Cyber Policies Often
A survey from Privileged Access Management (PAM) solution provider Delinea reveals nearly 80% of companies have had to use their Cyber Insurance, with more than half of them using it multiple times. Yet policies often fail to cover critical risks including ransomware, ransom negotiation, and decision on ransom payment.