If you are a manufacturer, distributor or supplier in today's global economy, protecting yourself from cyber risks is more important than ever.
They want to convince us that cybersecurity is becoming a top priority for companies. This is the feeling one gets when faced with the endless stream of news stories about cyber attacks and data breaches: for example, the growth trend of the annual expenditure that companies will devote to cybersecurity is set to grow by 15% per year, to reach $10 trillion in 2025
There is one thing you can do right away (even if you are not a security expert and do not have anyone to help you see if someone has broken into your systems) that will significantly reduce the risk of losing money in your company.
The notorious cybercriminal group REvil was hacked. The operation was conducted by the FBI in cooperation with international agencies and led to the deletion of the site from the dark web.
The SIAE (Società Italiana degli Autori ed Editori) also fell victim to a cyber attack. On 20 October, it suffered a ransomware attack by the Everest Ransom Team.
Cyber threats are becoming increasingly common for small and medium-sized businesses. Here are some factors you should consider when choosing the best cyber insurance for your business.
How can the risk of a cyber attack be monitored and decreased through correct procedures and habits?
Companies need to take more account of the serious cyber risks in today's world and recognise that attacks will increase in severity, scope and frequency as the digitisation of the whole way we work progresses.
Traditional insurance protects companies from the classic situations that occur in the course of business operations (property damage, legal liability, employee risks, etc.).
First of all, your online business is a favourite target for hackers, cybercriminals who want to harm both you and your customers. To counter these threats, the only way is to invest in cyber security.