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Tag: Cyber ​​Insurance

Predictions for 2025
9 January 2025
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B2B Cyber ​​Security ShortNews

The cybersecurity landscape is developing at a breathtaking pace. There are already some critical developments emerging for 2025 that will particularly affect companies in German-speaking countries. Based on my findings from day-to-day business, I would like to try to extrapolate the most important trends. The EU will continue to expand its pioneering role in the regulation of artificial intelligence. The EU AI Act will be followed by further frameworks that will regulate the handling of personal data in AI systems even more strictly. Companies must prepare for people to be given the right to object to the use of their personal data...

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Identity security: Many companies are still at the beginning
15 November 2024
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Identity security: Many companies are still at the beginning

A provider of identity security for companies has presented its latest study "Horizons of Identity Security". Companies with advanced identity security are more open to AI-based solutions, have a lower cyber risk and pay lower cyber insurance premiums. The current 2024-2025 report from SailPoint Technologies shows that most companies are still at the beginning of their identity security journey, while those that have already reached a certain level of maturity achieve an above-average return on investment. Currently, the added value that identity security offers remains largely unused. Of the companies surveyed, around 41 percent are at the beginning of identity development, only...

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Cloud security remains the top concern
25 Maj 2023
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Cloud security remains the biggest concern

Cloud security remains the top concern for cybersecurity professionals, a survey at this year's RSA Conference reveals. At this year's RSA Conference in San Francisco, more than 100 cybersecurity professionals were asked about their current most pressing problems in implementing cyber hygiene and the cyber insurance strategies of their companies. Cloud security is the top concern for 39 percent of respondents, followed by ransomware (16 percent) and a distributed workforce (12 percent). This paints a similar picture as in the survey last year. The survey also found that…

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Hiscox report: Cyber ​​attacks are the greatest entrepreneurial risk
20 Maj 2022
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The Hiscox Cyber ​​Readiness Report 2022 shows: Cyber ​​attacks are also the number one risk for German companies - even before the pandemic, the economic downturn and the shortage of skilled workers. A quarter of the IT budget of German companies now goes to cyber security. In addition, almost half (48%) of the companies surveyed worldwide now state that they were affected by at least one cyber attack in the last year, compared to five percentage points lower the year before. In Germany, the level remains high at 46 percent, as in the previous year. Due to the threat situation, which was becoming increasingly difficult to assess,...

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Cyber ​​insurance in 2021
12. February 2021
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Cyber ​​insurance

Cyber ​​insurance: The number of cyber attacks rose rapidly during the pandemic - ransomware is a particularly high risk. Private individuals as well as public institutions or hospitals are victims of the extortionate software, which releases previously encrypted, often sensitive information only in return for a ransom. Accordingly, the demand for cyber insurance is increasing, but at the same time the loss rate for insurers is increasing. René Schoenauer, Director Product Marketing EMEA at Guidewire Software, on how the insurance industry can cope with these developments in 2021. More gateways for attacks By moving work to the home office, ...

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