Cyber insurance claims in North America reached unprecedented levels in 2023, as highlighted by insurance broker Marsh. The firm received over 1800 cyber claim reports from clients in the US and Canada, marking the highest number recorded to date. Several factors contributed to this increase: The growing sophistication of cyber-attacksThe scale of the MOVEit file transfer supply chain incidentAn increase in privacy claimsMore organizations purchasing cyber...
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In an era where digital threats evolve as rapidly as technology itself, the cybersecurity landscape faces an ever-widening gap. According to the Cyberseek Heatmap, the demand for skilled cybersecurity professionals far outnumbers supply, leaving many organizations vulnerable to cyber-attacks. This growing cybersecurity gap poses significant risks, including increased potential for data breaches, financial losses, and operational disruptions. Understanding the Cybersecurity Gap The cybersecurity gap is a multifaceted...
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In today’s complex cybersecurity landscape, organizations are increasingly relying on a multitude of security tools and platforms to safeguard their digital assets. According to recent data by CDW, a staggering 68% of organizations operate between 10 and 49 different security tools or platforms. While this approach aims to provide comprehensive protection, it often leads to an overwhelming management burden, particularly for companies without a dedicated...
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As we approach the 2024 Atlantic hurricane season, NOAA has predicted an above-normal activity level, with 12-17 named storms, of which 5-9 could become hurricanes, and 1-4 of these potentially reaching major hurricane status. For businesses, this forecast underscores the importance of robust preparation and resilient infrastructure to safeguard data and ensure business continuity. Image provided by NOAA The Risk to Physical Infrastructure and Data Hurricanes pose a...
Read Morehttps://www.youtube.com/watch?v=WC4D0fH2RZMWhen it comes to safeguarding your company's digital assets, think of your cybersecurity like a guard dog. You might picture a fierce, movie-style guard dog, always patrolling and ready to protect you and your business from any threat. However, the reality for most companies often looks more like this: a cute, fluffy dog, perfect for trips to the park or sleeping on the couch. While...
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As the school year comes to a close, many educational institutions are reflecting on the past year's challenges and preparing for the next. One of the critical areas of focus is cybersecurity. The latest data reveals a significant trend: a rising number of cyber incidents impacting schools in North Carolina. Between 2019 and 2023, the state reported 29 cyber incidents involving education systems, highlighting an...
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