A new study by cybersecurity services provider Sophos shows that organizations with proper cyber defense in place are more likely to have effective cyber insurance. This report sheds light on how the […]
Sophos: Cyber defense impacts insurability
UBX partners with PGA Sompo to beef up cyber insurance offerings
UBX, an open finance platform, has tapped global top insurance company PGA Sompo Insurance Corp. (PGA Sompo) to beef up its customer protection mechanism through personal cyber insurance. UBX will serve as […]
Sophos reports rise in ransomware attacks vs education institutions
Ransomware attacks on education institutions increased from 44% in 2020 to 60% in 2021, according to the latest report “The State of Ransomware in Education 2022” by Sophos. The cybersecurity firm’s report […]
Ransomware payoffs increase to almost fivefold in 2021 — Sophos
The latest “State of Ransomware 2022” report by cybersecurity firm Sophos shows that 66% of organizations surveyed were hit with ransomware in 2021, up from 37% in 2020. The average ransom paid […]
Allianz: Companies lose money from cyber attacks caused by human error
Data breaches undoubtedly cost organizations massive losses not only in financials but also in reputation. However, the latest report by Allianz Global Corporate & Specialty (AGCS) titled “Managing The Impact Of Increasing […]
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