Cyber insurance: The quality of defense determines the premium
Insurance against cybercrime is now standard protection for companies. But the insurance conditions depend on your own defense quality. The Sophos report on cyber insurance shows that those who have insurance are more likely to pay criminals ransom. In the new report "The Critical Role of Frontline Cyber Defenses in Cyber Insurance Adoption", Sophos has examined the connections between defense quality, insurability and insurance conditions for companies. 95 percent of organizations that purchased a cyber insurance policy in the last year say the quality of their organization's cyber defenses directly impacts their insurance terms. For 60 percent, the quality influences…