Tag: cyber insurance
Closing the Coverage Gap: Cyber insurance vs. cyber warranties
Cyber insurance has become a must for businesses. However, the rise in premiums and application hurdles has prompted the emergence of cyber warranties, a crucial financial protection for MSPs and their customers. Cyber insurance has become a critical form of...
SMBs must prioritize cybersecurity planning
Cybersecurity vulnerabilities connected to large businesses have received much attention recently, especially the several casinos in Las Vegas that were forced to go offline due to cyberattacks. Casinos are a vital economic engine in Nevada, but it’s not just sprawling...
An important layer to your security service offering: Cyber warranty
Today’s small-and-medium-sized businesses (SMBs) are faced with an increasingly challenging cyberthreat landscape. The combination of hybrid work, evolving IT environments led by cloud migration, and generative AI-powered cyberthreats, require SMBs to harden their cybersecurity posture and prepare for the worst...
Cybersecurity insurance becomes a barometer for MSPs
Managed service providers (MSPs) looking to minimize their cybersecurity risks might want to take notice of how many of their customers have cybersecurity insurance. A survey of 500 small-to-medium enterprises (SMEs) conducted by Cowbell, a provider of cybersecurity insurance, finds...
What is cyber liability insurance?
As the threat landscape evolves, an increasing number of businesses are turning to cyber liability insurance as a way to help mitigate risk. If you are considering cyber liability insurance for your organization, there are a few things that are...
Cyber insurance carriers exerting greater influence over security services
Providers of managed security services may soon find themselves working more often for cyber insurance companies that are getting involved in cybersecurity both before and after a breach. To begin with, the requirements for renewing cybersecurity policies are becoming more...
Changing cyber insurance requirements create managed security challenges
As cyber insurance requirements become more stringent, managed service providers (MSPs) are finding a need to make sure clients that don’t implement appropriate levels of security, either sign a waiver or find another provider. When the first wave of ransomware...
